Sr Rebate Analyst

301044 Fresenius Kabi USA, LLC; United States; Hybrid; USD 85,000 - 90,000; Full time

Benefits offered by this job

401(k) plan with company contributions

Paid vacation, holiday and personal (P

Health benefits: medical, dental, and视

Wellness program

Job summary

Fresenius Kabi USA, LLC in the United States is seeking a Sr. Rebate Analyst to support daily rebate operations, mentor analysts, and ensure accurate rebates, fees and compliance payments within the ModelN system. The role serves as a primary contact for Finance, Sales, National Accounts and Commercial Contracting teams.

You will collaborate with IT, prepare ad hoc reports for GPOs and National Accounts, and help drive process improvements while maintaining SOPs and high data integrity.

Qualifications

• Bachelor's degree in Business or Finance and 3+ years experience.
• Pharmaceutical or life sciences industry experience preferred.
• Knowledge of GPOs, Managed Care, IDNs, and wholesalers preferred.
• Strong communication, analytical, and organizational skills.

Responsibilities

• Monitor daily rebates operations ensuring rebates are processed and payments issued per contract.
• Provide coaching, mentoring and training to rebate analysts.
• Assist in internal/external reports and audits for Rebates Department.
• Open IT tickets and manage ticket status to resolution.
• Design and improve standard management sales reports with IT.
• Provide ad hoc reports for management regarding GPO, IHN, and National Accounts.

Skills

Excellent communication

Analytical

Organizational skills

Marketing and sales orientation

Interfacing with groups

Education

Bachelor's degree in Business or Finance

Tools

Microsoft Excel

Job description

Job Summary

The Sr. Rebate Analyst is responsible for assisting with the daily rebate operations and mentoring of rebate analyst to meet department goals and deadlines, ensuring appropriate analytical support is provided for rebate payments, administrative fees, and compliance program payments to key national GPO customers, distributors and assigned National Accounts within the ModelN system. This role will serve as the first point of contact to support Finance, Sales, National Accounts & Commercial Contracting and Analysis groups and assigned Primary GPO, National Account and Managed Care customers daily operations issues and/ or concerns. The Sr Rebates Analyst will also provide rebates processing and deduction resolution support, if and when, needed. The Sr Rebate Analyst is responsible for maintaining and developing strong collaborative relationships with both external and internal partners. Sr Rebate Analyst will also assist the Team Lead and Sr Manager with meeting department goals and objectives.

Salary Range

Salary Range $85,000 -$90,000 based on experience

Final pay determinations will depend on various factors, including, but not limited to experience level, education, knowledge, skills, and abilities.

Benefits

• Benefits offered include a 401(k) plan with company contributions, paid vacation, holiday and personal days, employee assistance program, and health benefits to include medical, prescription drug, dental and vision coverage.
• Our benefits and programs are comprehensive and thoughtfully crafted to ensure our colleagues live healthy lives and have support when it matters most.
• Additional Information: We offer an excellent salary and benefits package including medical, dental and vision coverage, as well as life insurance, disability, 401K with company contribution, and wellness program.

Hybrid Role

Hybrid role: Onsite 3 days per week

Applicants must be authorized to work for ANY employer in the United States. Fresenius Kabi is unable to sponsor or take over sponsorship of an employment visa either now or in the future.

Responsibilities

• Monitor daily rebates operations ensuring rebates are processed and appropriate payments are issued within contractual requirements.
• Provides coaching, mentoring and training to rebate analysts ensuring department policies and procedures are being followed at all times.
• Assists in, both internal and external reports and audits for the Rebates Department.
• Opens IT tickets to report and resolve technical issues.
• Manages ticket status ensuring successful resolution.
• Interacts with IT to create, design, redesign and improve standard management sales reports.
• Provides ad hoc reports to management regarding GPO, IHN, and National Account customers as required.
• Administers, tracks, calculates, and processes rebate payments, administrative fees, and compliance program payments to key national GPO customers, distributors and assigned National Accounts within the ModelN system.
• Reviews payments for completeness and accuracy.
• Enters rebate programs into ModelN.
• Runs and provides printed and electronic fee and rebate reports for customers including custom customer reports or ad hoc reports.
• Maintain consistent and open lines of communication with Rebates Team Lead and Sr Manager ensuring awareness of department status and issues.
• Strive to minimize issues by demonstrating a strong sense of urgency and accurate performance of tasks.
• Work collectively with team in identifying new process and system improvement opportunities and identify, resolve, or elevate repetitive or complex discrepancies.
• Ensure SOPs are up to date and the team maintains a thorough understanding of rebates processes and policies.
• Analyzes large sets of data and provide accurate and meaningful information and insight at the request of Management.
• Maintain thorough understanding of Fresenius Kabi rebate policies and procedures.
• Acts as SME (subject matter expert) for the ModelN system.
• Assists in training, problem solving, and provides department expertise on the ModelN system.
• Conducts trend analysis on payment packages paid over prior contract periods and sales history.
• Reviews, approves, and implement new rebate programs and amendments within ModelN.
• Analyzes and reconciles any deductions related to assigned accounts in SAP, resulting in credit or recovery of payback.
• Daily reconciliation of rebate payments to ensure accurate payment to wholesaler and or GPO.
• Administers, calculates, tracks and processes Oncology Rebate Programs for key oncology distributor customers.
• Works with customers, wholesalers, and functional groups within Fresenius Kabi to process contract eligibility according to company and department SOPs and procedures including class of trade review.
• Reviews and analyzes memberships and contract eligibility for various GPOs at Fresenius Kabi as required.
• Provides support for contracts including updating and maintaining the contract files.
• Works with both internal and external auditors to provide contract documentation and information as requested and required.
• Files all contract documents according to department and company SOPs.
• Prepares contract files for Records Retention.
• All employees are responsible for ensuring the compliance to company documents, programs and activities related to the Health, Safety, Environment, Energy, and Quality Management Systems, as per your roles and responsibilities.

Requirements

• Bachelor’s degree preferred, preferably in Business or Finance, and a 3+ years related work experience.
• Pharmaceutical, life sciences, medical device or biotech industry highly desired.
• Knowledge of GPOs, Managed Care, IDNs, and Wholesaler experience highly preferred.
• Ability to interface effectively with all groups and teams and within all levels of the organization.
• Strong marketing and sales orientation.
• Excellent oral and written communication skills.
• Excellent Excel, PC, analytical, and organizational skills.

Primary Business Language

The Company’s primary business language is English. The successful candidate must be able to effectively speak, read, write, and understand English to perform the essential functions of the position, including independently understanding policies, procedures, training materials, and workplace communications written in English due to our heavily regulated work environment.

Additional Information

We offer an excellent salary and benefits package including medical, dental and vision coverage, as well as life insurance, disability, 401K with company contribution, and wellness program.

Please note that joining our team does not create a guaranteed or permanent employment arrangement. All employment is at‑will, meaning both the employee and Fresenius Kabi have the right to end the employment relationship at any time, in accordance with applicable federal and state laws.

Fresenius Kabi is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, citizenship, immigration status, disabilities, or protected veteran status.

Fresenius Kabi is a global health care company that specializes in injectable medicines, biosimilars, and technologies for infusion, transfusion, and clinical nutrition. Our expansive portfolio of products and global network of science and manufacturing centers provide essential support for the care of critical and chronically ill patients. With more than 41,000 employees worldwide, our dedicated team is united by our shared purpose: to put lifesaving medicines and technologies in the hands of people who care for patients – and to find answers to the challenges they face. We call this purpose caring for life.

Our U.S. headquarters is in Lake Zurich, Illinois and the company’s global headquarters is in Bad Homburg, Germany.

Follow us on LinkedIn to learn more: http://bit.ly/3KdaGJr