Rebate & Payments Analytics Specialist

ISHE; Northern (KY); Hybrid; USD 44,000 - 102,000; Full time

Job summary

CVS Health is hiring a Rebate Reconciliation Analyst to drive payment and data analysis for pharmaceutical rebates. You will review contracts, track payments, and resolve disputes with manufacturers, while working with Trade Relations, Legal and Accounting teams.

Strong data manipulation and Excel skills are essential to succeed. The role emphasizes monthly reserve analysis, open balance inquiries, and maintaining dispute tracking.

Qualifications

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

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

Financial analysis

Data analysis

Education

Bachelor's degree in Finance/Accounting/Business/Math/Economics

Tools

Microsoft Excel

Job description

CVS Health is hiring a Rebate Reconciliation Analyst to drive payment and data analysis for pharmaceutical rebates. You will review contracts, track payments, and resolve disputes with manufacturers, while working with Trade Relations, Legal and Accounting teams.

Strong data manipulation and Excel skills are essential to succeed. The role emphasizes monthly reserve analysis, open balance inquiries, and maintaining dispute tracking.