Chargeback Analyst

Integrated Resources Inc.; Jersey City (NJ); On-site; USD 70,000 - 100,000; Full time

Job summary

A leading staffing firm is seeking a Financial Analyst in Jersey City to manage chargebacks and financial analysis within the pharmaceutical sector. The ideal candidate will possess excellent financial analysis skills and a strong background in data interpretation, alongside advanced Excel capabilities. Responsibilities include managing chargeback discrepancies, preparing detailed reports, and ensuring compliance with pricing metrics.

Qualifications

• Experience with financial analysis and large data sets.
• Mastery in Excel functionalities including Pivot Tables.
• Ability to communicate complex data effectively.

Responsibilities

• Perform root cause analyses and resolve rebate discrepancies.
• Manage chargeback validation and reconciliation.
• Provide weekly discrepancy reports to wholesalers.

Skills

Financial analysis

Data analysis

Attention to detail

Strong communication

Tools

Excel

iContracts

Oracle

Job description

A Few Words About Us

Integrated Resources, Inc is a premier staffing firm recognized as one of the tri-state's most well-respected professional specialty firms. IRI has built its reputation on excellent service and integrity since its inception in 1996. Our mission centers on delivering only the best quality talent, the first time and every time. We provide quality resources in four specialty areas: Information Technology (IT), Clinical Research, Rehabilitation Therapy, and Nursing.

Job Description

Location: Dayton, NJ

Summary:

Candidate should have excellent financial analysis skills; ability to analyze large amounts of data quickly and accurately, ability to assimilate disjointed data elements and contract language/intent in a fiscally responsible way. Ability to translate understanding of pharmaceutical industry practices/concepts/metrics (Gross Sales, Chargebacks, rebates, etc.) into pricing calculations.

Job Responsibilities:

1. Chargebacks Rebate Management. Perform root cause analyzes and resolve rebate discrepancies.
2. Train Global Shared services team on process and procedures to resolve rebate discrepancies.
3. Ensure all inbound chargeback transmission and resubmissions from Wholesale/Distributor customers are received and loaded into the system on a timely basis. (Via EDI 844).
4. Manage the process of chargebacks, validation, and reconciliation of chargebacks as it pertains to pricing, membership eligibility, effective dates, GPOs, PHS/340B entities, COT for all Wholesale/Distributor customers.
5. Provide weekly Discrepancy reports to Wholesalers.
6. Resolve all disputed chargebacks, identify root cause of disputed lines, and implement corrective actions to eliminate future occurrences.
7. Review chargeback discrepancies due to customer deductions, reconcile differences, and initiate collection activities where necessary.
8. Responsible for ensuring chargeback credit/debit memos are processed in the system and posted to customer's accounts.
9. Accurately process chargeback requests within 7 days of submission.
10. Process resubmitted chargeback debit memos related to contract pricing, membership eligibility, effective dates, and product pricing.
11. Create, implement, and maintain effective tools to handle resubmissions.
12. Manage chargeback deductions and review and provide weekly and monthly reports.
13. Provide wholesalers with reconciliation reports detailing rejected or adjusted lines.
14. Complete month-end close activities within the department and company time requirements.
15. Ensure outbound chargeback reconciliation reports (EDI 849) are provided to wholesalers on time.

Additional qualifications include:

• Excellent financial analysis skills; ability to analyze large amounts of data quickly and accurately, and interpret contract language/intent.
• Ability to translate pharmaceutical industry practices/concepts/metrics into pricing calculations.
• Attention to detail and ability to produce high-volume, accurate financial calculations.
• Mastery of high-level Excel functionalities (Pivot Tables, Look-ups, etc.) and complex formulas.
• Self-motivated with the ability to operate independently and in team settings; strong prioritization skills.
• Good leadership skills and ability to guide team processes.
• Strong written and verbal communication skills, adept at explaining complex data to both financial and non-financial stakeholders.
• Experience with multi-dimensional data access/analysis tools required.
• iContracts and Oracle experience is a plus.

Additional Information

Thanks & Regards,

Integrated Resources, Inc.

Inc. 5000 – 2007-2015 (9th Year)

(Direct) 732 549 5907 | (W) 732 -549 - 2030 x 210 | (F) [phone]