Rebate Analyst

The Rebate Analyst is responsible for providing analytical support primarily to the Finance, Sales, National Accounts & Commercial Contracting and Analysis groups and assigned customers to include, but not limited to GPOs, National Accounts, IDNs, and Managed Care organizations. This includes contract sales analysis and reporting, rebates and administrative fee analysis and payments, contract and compliancy analysis, special rebate programs, and additional analytical support as required.

*This position requires working on-site in Lake Zurich, IL Tuesdays, Wednesdays, and Thursdays. The remaining days may be worked remotely.

Responsibilities

• Provide ad hoc reports to management regarding GPO, IHN, and National Account customers as required.
• Administer, track, calculate, and processes rebate payments, administrative fees, tiered programs and compliance program payments to key national GPO customers, distributors and assigned National Accounts within the Model N system for Pharma, Biosimilar, Managed Care and Infusions Technology products. Review payments for completeness and accuracy. Enter rebate programs into Model N. Run and provide printed and electronic fee and rebate reports for customers including custom customer reports or ad hoc reports.
• Trend analysis on payment packages paid over prior contract periods and sales history. Review, approve, and implement new rebate programs and amendments within Model N.
• Daily reconciliation of rebate payments to ensure accurate payment to wholesaler and/or GPO.
• Assist in the accrual reports and internal and external audits for the Finance Department.
• Administer, calculate, track, and process Oncology Rebate Programs for key oncology distributor customers.
• Interact with IT to create, design, redesign and improve standard management sales reports. Manage the IT ticket and project request database for the team.
• Acts as SME (subject matter expert) for the Model N system. Train, problem-solve, and provide department expertise on Model N system.
• Work 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.
• Review and analyze memberships and contract eligibility for various GPO’s at Fresenius Kabi as required.
• Manage and process all new rebate programs and rebate amendments to all wholesalers via excel and email.
• Communicate directly with all wholesalers regarding contract pricing and eligibility and requests for contract information.
• Collaborate with both internal and external auditors to provide contract documentation and information as requested and required.
• File all contract documents according to department and company SOPs. Prepare contract files for Records Retention.

Requirements

• Bachelor’s degree preferred, preferably in Business or Finance, and a minimum of 5 years of related work experience.
• 1+ years in the pharmaceutical, life sciences, medical device or biotech industry highly desired.
• Knowledge of GPOs, Managed Care, IDNs, Payer, Biosimilar and Wholesaler experience highly preferred.
• Excellent Excel, PC, analytical, and organizational skills.

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 match, and wellness program.

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.

Job Type: Full-time

Pay: $27.00 - $33.00 per hour

Benefits:

• 401(k)
• 401(k) matching
• Dental insurance
• Flexible spending account
• Health insurance
• Health savings account
• Life insurance
• Paid time off
• Parental leave
• Referral program
• Tuition reimbursement
• Vision insurance

Schedule:

• 8 hour shift
• Day shift

Work Location: In person