Rebate & Payment Analytics Analyst

CVS Health; Nebraska; Hybrid; USD 44,000 - 102,000; Full time

Job summary

The Rebate Reconciliation Analyst role at CVS Health focuses on rebate reconciliation, payment analysis, dispute resolution, and reserve analysis. You will collaborate with Trade Relations, Legal, and Accounting to ensure accurate financial processing and timely issue resolution.

This full-time position engages with pharmaceutical manufacturers and requires data-driven decision making to help reduce drug spend and improve affordability while upholding CVS Health's commitment to quality and

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 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

Skills

Problem solving

Detail oriented

Data manipulation

Communication skills

Education

Bachelor's Degree in Finance, Accounting, Business, Math, or Economics preferred or equivalent work experience

Tools

Microsoft Excel

Job description

The Rebate Reconciliation Analyst role at CVS Health focuses on rebate reconciliation, payment analysis, dispute resolution, and reserve analysis. You will collaborate with Trade Relations, Legal, and Accounting to ensure accurate financial processing and timely issue resolution.

This full-time position engages with pharmaceutical manufacturers and requires data-driven decision making to help reduce drug spend and improve affordability while upholding CVS Health's commitment to quality and