Data-Driven Rebate Reconciliation Analyst

CVS Health

Augusta (ME)

On-site

USD 44,000 - 102,000

Full time

14 days+

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Benefits offered by this job

medical coverage
dental coverage
vision coverage
paid time off
retirement savings options
wellness programs
other resources (based on eligibility)

Job summary

CVS Health is seeking a Rebate Reconciliation Analyst in the United States to perform rebate reconciliation, payment analysis, dispute resolution, and reserve analysis. You will work closely with internal partners such as Trade Relations / Legal / Accounting and external partners such as Pharmaceutical Manufacturers.

The role requires strong analytical abilities, experience with Excel, and the ability to manage multiple tasks and meet deadlines in a fast-paced environment.

Qualifications

  • 6+ months financial or analytical experience.
  • 6+ months experience with Microsoft Excel.

Responsibilities

  • 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.
  • Reconcile payment data received with invoiced amount to identify disputed items.
  • Analyze variances and disputes and determine accept or reject.
  • Communicate with pharmaceutical manufacturers regarding variances and disputes.
  • Update internal dispute tracking data file monthly.
  • Perform analysis of required reserves monthly.
  • Investigate and respond to questions/inquiries regarding the status of open balances.
  • Handle basic to intermediate data manipulation and analysis.

Skills

Financial analysis
Problem solving
Attention to detail
Communication

Education

Bachelor’s Degree in Finance, Accounting, Business, Math, or Economics

Tools

Microsoft Excel

Job description

CVS Health is seeking a Rebate Reconciliation Analyst in the United States to perform rebate reconciliation, payment analysis, dispute resolution, and reserve analysis. You will work closely with internal partners such as Trade Relations / Legal / Accounting and external partners such as Pharmaceutical Manufacturers.

The role requires strong analytical abilities, experience with Excel, and the ability to manage multiple tasks and meet deadlines in a fast-paced environment.

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