Full-Time

Rebates Analyst

Posted on 11/21/2024

Medline

Medline

5,001-10,000 employees

Provider of medical supplies and healthcare solutions

Social Impact
Healthcare

Compensation Overview

$68.6k - $99.3kAnnually

+ Bonus + Incentive

Entry, Junior

Northbrook, IL, USA + 1 more

More locations: Remote in USA

Corporate headquarters located in Northfield, Illinois.

Category
Financial Analysis
Management Accounting
Accounting
Required Skills
SAP Products
Financial analysis
Excel/Numbers/Sheets
Requirements
  • Bachelor’s degree
  • At least 2 years of experience in an analytical role
  • 1+ years in managing customer rebates programs, reviewing contracts to interpret rebate terms, and Financial Analysis experience.
  • Intermediate level skill in Microsoft Excel (formulas, data manipulation, VLOOKUP)
  • Prior experience with SAP and Vistex
  • Communication skills both written and verbal as well as working with others in different locations.
  • Attention to detail and organization skills.
Responsibilities
  • Set up and manage rebate programs for new customers by accurately entering data into rebate management systems, setting up calculations, terms, and conditions, and ensuring all details comply with contractual agreements.
  • Review and validate rebate agreements to confirm accurate implementation of terms and ensure customers receive correct rebate payments.
  • Analyze sales and financial data to calculate rebate accruals and payouts, ensuring alignment with company policies and contractual obligations.
  • Monitor and track rebate accruals and forecast future payments using trends, sales projections, and financial data to ensure accurate financial planning.
  • Maintain comprehensive records of rebate agreements, payment history, and adjustments while preparing detailed reports for management and stakeholders.
  • Collaborate with cross-functional teams, including Sales, Finance, and Contracts, to improve processes, resolve issues, and verify rebate eligibility.
  • Use rebate management software and tools to track agreements, process payments, and generate reports.

Medline supplies medical products and healthcare solutions to hospitals, nursing homes, and home health agencies. Their offerings include protective gear, wound care items, diabetes care supplies, and home diagnostics, sold directly to healthcare providers. Medline distinguishes itself through its commitment to sustainability and resilience, investing in domestic supply chain infrastructure. The company's goal is to deliver reliable healthcare solutions while promoting sustainable practices.

Company Stage

Growth Equity (Venture Capital)

Total Funding

$486.4K

Headquarters

Mundelein, Illinois

Founded

N/A

Simplify Jobs

Simplify's Take

What believers are saying

  • Medline's recognition with awards like the AARC's 2024 Zenith Award and the Preferred Supplier of the Year award highlights its strong reputation and reliability in the healthcare sector.
  • The new partnership with Vetter Senior Living and expansion in Chicagoland indicate Medline's growing market presence and potential for increased business opportunities.
  • Innovations like the FitRight CONNECT Wetness Sensing System demonstrate Medline's commitment to advancing healthcare technology and improving patient care.

What critics are saying

  • The competitive nature of the medical supply industry requires Medline to continuously innovate to maintain its market position.
  • Dependence on partnerships, such as those with Microsoft and Sonoma Pharmaceuticals, could pose risks if these collaborations face challenges or dissolve.

What makes Medline unique

  • Medline's partnership with Microsoft to develop AI-powered solutions for healthcare supply chains sets it apart in the medical supply industry, emphasizing innovation and technological advancement.
  • The company's commitment to sustainability and resilience through domestic supply chain investments distinguishes it from competitors who may rely more heavily on international sources.
  • Medline's extensive product catalog and value-added services like supply chain management and educational resources provide a comprehensive offering that is unmatched by many competitors.

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