Note: The job is a remote job and is open to candidates in USA. CVS Health is a health care company focused on creating a more connected, convenient, and compassionate health experience. The Rebate Reconciliation Analyst performs rebate reconciliation, payment analysis, dispute resolution, reserve analysis, and related financial analyses while collaborating with internal teams and pharmaceutical manufacturers.
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
- Excellent problem solving skills
- Detail oriented and proven analytical skills are necessary with the ability to organize and prioritize workloads and meet strict deadlines
- Ability to handle basic to intermediate data manipulation and analysis
- Excellent written and oral communication skills are essential as this position interfaces with various levels within the organization as well as with our external pharmaceutical company counterparts
- 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
- Bachelor's Degree in Finance, Accounting, Business, Math, or Economics preferred or equivalent work experience
Benefits
- CVS Health bonus, commission or short-term incentive program in addition to the base pay range listed above
- This full‑time position is eligible for a comprehensive benefits package designed to support the physical, emotional, and financial well‑being of colleagues and their families.
- Medical, dental, and vision coverage, based on eligibility
- Paid time off, based on eligibility
- Retirement savings options, based on eligibility
- Wellness programs, based on eligibility
- Other resources, based on eligibility
- Remote work
Company Overview