This list contains only the countries for which job offers have been published in the selected language (e.g., in the French version, only job offers written in French are displayed, and in the English version, only those in English).
We’re building a world of health around every individual — shaping a more connected, convenient and compassionate health experience. At CVS Health®, you’ll be surrounded by passionate colleagues who care deeply, innovate with purpose, hold ourselves accountable and prioritize safety and quality in everything we do. Join us and be part of something bigger – helping to simplify health care one person, one family and one community at a time. The Rebate Reconciliation Analyst position will primarily be engaged in rebate reconciliation activities, payment analysis, dispute resolution, reserve analysis and other related financial analyses. This includes working closely with internal partners such as Trade Relations / Legal / Accounting and external partners such as Pharmaceutical Manufacturers. As a member of the team, you will help drive value for our clients by reducing their overall drug spend. Our organization is focused on making quality care more affordable, accessible, simple, and seamless. Together, we are committed to helping people on their path to better health.
Job Responsibility:
Review and comprehend all contract terms applicable to the Reconciliation function
Track and apply payments due from pharmaceutical manufacturers
Identify any late payments and request late fee billing as required by contract
Manipulate and Analyze payment data from pharmaceutical manufacturers
Reconcile payment data received with Invoiced amount to identify all items disputed by pharmaceutical manufacturers
Analyze and research all variances and disputed items and determine whether to accept or reject disputes
Communicate with pharmaceutical manufacturers regarding variances and disputes
Update internal dispute tracking data file on a monthly basis
Perform analysis of required reserves on a monthly basis
Investigate and respond to questions/inquiries regarding the status of open balances
Ability to handle basic to intermediate data manipulation and analysis
Requirements:
6+ months years financial or analytical experience
Intermediate level Excel Skills including 6+ months experience
Bachelor’s Degree in Finance, Accounting, Business, Math, or Economics preferred or equivalent work experience
Excellent problem solving skills
Detail oriented and proven analytical skills are necessary with the ability to organize and prioritize workloads and meet strict deadlines
Ability to handle basic to intermediate data manipulation and analysis
Excellent written and oral communication skills are essential as this position interfaces with various levels within the organization as well as with our external pharmaceutical company counterparts
Nice to have:
Experience working in a dynamic, fast-paced environment
Experience with contract administration, financial and / or data analysis, data-mining, cash reconciliations, and complex processes is beneficial
PBM or pharmaceutical manufacturer experience and knowledge of pharmaceutical products preferred
Contract interpretation experience is preferred
What we offer:
Affordable medical plan options
401(k) plan (including matching company contributions)
Employee stock purchase plan
No-cost programs for all colleagues including wellness screenings, tobacco cessation and weight management programs, confidential counseling and financial coaching