Rebate & Payment Analyst — Financial Insight & Disputes

Cvshealth; United States; Remote; USD 44,000 - 94,000; Full time

Benefits offered by this job

Medical, dental, and vision coverage

Paid time off

Retirement savings options

Job summary

CVS Health is seeking a Rebate Reconciliation Analyst to support rebate reconciliation, payments analysis, disputes resolution, and reserve analysis. The role interfaces with Trade Relations, Legal, Accounting, and external pharmaceutical manufacturers to ensure accurate payment processing and timely issue resolution.

The ideal candidate will have at least 6 months of financial/analytical experience, strong Excel skills, and effective communication abilities.

Qualifications

• 6+ months financial or analytical experience.
• Excellent written and oral communication skills required.

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 from pharmaceutical manufacturers.
• Reconcile payment data received with invoiced amount to identify disputed items.
• Analyze and research variances and disputed items and determine accept/reject of 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 status of open balances.
• Handle basic to intermediate data manipulation and analysis.

Skills

Problem solving

Detail oriented

Data analysis

Communication skills

Financial analysis

Time management

Education

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

Tools

Microsoft Excel

Job description

CVS Health is seeking a Rebate Reconciliation Analyst to support rebate reconciliation, payments analysis, disputes resolution, and reserve analysis. The role interfaces with Trade Relations, Legal, Accounting, and external pharmaceutical manufacturers to ensure accurate payment processing and timely issue resolution.

The ideal candidate will have at least 6 months of financial/analytical experience, strong Excel skills, and effective communication abilities.