Strategic Rebate & Payments Analyst

CVS Health

Arkansas

Hybrid

USD 44,000 - 102,000

Full time

5 days ago

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Benefits offered by this job

Bonus program

Comprehensive benefits package

Job summary

CVS Health is seeking a Rebate Reconciliation Analyst to perform rebate reconciliation, payment analysis, dispute resolution and reserve analysis. You will collaborate with Trade Relations, Legal and Accounting to ensure accurate financial handling of manufacturer rebates.

The role emphasizes detail-oriented data manipulation, timely analysis and clear communication with internal teams and external manufacturers to optimize drug spend. Full-time, with competitive benefits.

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.
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.