5 days old

Generic Rebate Analyst

Parsippany, NJ 07054
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Company Info

Teva is a global pharmaceutical leader and the world's largest generic medicines producer, committed to improving health and increasing access to quality health solutions worldwide. Our employees are at the core of our success, with colleagues in over 80 countries delivering the world's largest medicine cabinet to 200 million people every day. We offer a uniquely diverse portfolio of products and solutions for patients and we've built a promising pipeline centered around our core therapeutic areas.  We are continually developing patient-centric solutions and significantly growing both our generic and specialty medicines business through investment in research and development, marketing, business development and innovation. This is how we improve health and enable people to live better, healthier lives. Join us on our journey of growth!

Job Description

 

Position Summary:

The Generics Rebate Analyst, processes commercial rebate claims in accordance with the terms and conditions of the rebate contract and internal processing procedures for all Teva generic products. He / She will process and validate all Rebates, analyze rebate differences, accurately forecast weekly rebate payments for Treasury, review all customer contracts and maintain superior level of customer service. 

Travel Requirements: Less than 10%

Essential Duties & Responsibilities: 

  • Responsible for processing Rebates and Admin Fees in accordance to T&Cs.  25%
  • Responsible for pulling together the rebate and admin payment support for the review and verification by the Generic Rebate Manager for approval. 15
  • Analyze rebate variances and determine cause(s) of any differences and provide solutions, working closely with the AR team. 10%
  • May train for the calculation and processing of Rebates, Volume Incentive Rebates, and other rebates processed in the Model N Flex system and/or manually. 10%
  • Calculate brand/generic claims accurately and timely, provide monthly accrual needs to Revenue Management teams. 5%
  • Primary contact for rebate forecasting to Treasury.  Will be responsible to help in the analysis for providing accurate weekly rebate check payment forecasts to ensure timely customer payment and maximize Tevas cash flow. 5%
  • Help in the review of customer T&Cs (draft and final versions).  Ensure that all changes and new rebates are set-up accurately in Model N Flex and are properly accrued for Revenue Management. 5%
  • Analyze customer deductions to determine if valid and work closely with A/R to resolve while also looking for trends. 5%
  • Work with IT to develop and implement rebate reports to support customer payments in BI tools. 5%
  • Review customer payments, detail reports and e-mails prepared by the Rebates Group before being sent to customer. 5%
  • Provide support for the National Account Managers by providing detailed reports as requested. 5%
  • Maintains policies, procedures, and standards for rebate processing in support of SOX, internal/external financial reporting, and government contract legislation. 5%
Qualifications

 

Education required: 

  • Bachelors degree with emphasis in Business, Finance, Accounting or related fields or equivalent combination of education, training and/or direct work related experience.
  • CPA and/or Masters preferred
Function
Marketing
Sub Function
Managed Care Administration
Reports To
In process of validation
Already Working @TEVA?

If you are a current Teva employee, please apply using the internal career site available on "Employee Central". By doing so, your application will be treated with priority. You will also be able to see opportunities that are open exclusively to Teva employees. Use the following link to search and apply: Internal Career Site

The internal career site is available from your home network as well. If you have trouble accessing your EC account, please contact your local HR/IT partner.

Posted: 2020-02-15 Expires: 2020-03-16

Join us at the forefront of pharmaceutical research and production. With state-of-the-art facilities, highly skilled colleagues, and a high-powered organizational culture, Teva offers you countless possibilities to make a real difference in people's lives and add value to your career.

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Generic Rebate Analyst

Teva Pharmaceuticals
Parsippany, NJ 07054

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