Financial Analyst, Rebates

Padagis LLC
US - Michigan - Allegan
January 8, 2025

We are hiring a Rebate Analyst based in Allegan, MI.
The Rebate Analyst is responsible for determining payment amounts for complicated customer sales programs including direct and indirect rebates, billbacks, administrative fees, fee-for-service payments, floor-stock-adjustments, volume incentive rebates, guaranteed supply and service level penalties, and various promotions.
Such payments total over $200M annually.
The incumbent will use a variety of tools including contract documents, SAP queries, BW reports, and Vistex calculations in determining the proper amount for each payment.
Works directly with external customers to dispute customer claims and deductions.
This position is eligible for a hybrid workplace arrangement of three days per week in the Allegan office and two days per week remote work.

Job duties:

Determine payment amounts for numerous complicated customer sales programs including, direct and indirect rebates, billbacks, administrative fees, fee-for-service payments, floor-stock-adjustments, volume incentive rebates, guaranteed supply and service level penalties.
Work directly with external customers to dispute unreasonable or inaccurate claims.
Complete required paperwork to ensure timely payment of sales programs and to ensure SOX compliance.
Analyze customer audit claims for historical rebate programs, either validating the claims and issuing additional payments or disputing such claims directly with the external customer.
Work closely with Padagis's Accounts Receivable department to resolve issues, including unauthorized deductions taken by customers and other disputed claims.
Manage estimates for unpaid sales programs to ensure financial liability for such programs are recorded appropriately and in accordance with Generally Accepted Accounting Principles and Padagis Policies.
Research and resolve any discrepancies uncovered during the monthly reconciliation of the BW sales reporting system to the general ledger.
Prepare standard reports for the sales team and senior management to use for customer meetings and conferences.

Required qualifications:

Bachelor's Degree in accounting, finance, or closely related discipline combined with at least 4-6 years professional experience or an Associate's Degree combined with 8-10 years of professional pharmaceutical experience.
Applicants must possess strong technical, analytical, and communication skills.
Strong computer proficiency with advanced knowledge of Excel.
Ability to build relationships with external customers to professionally dispute customer claims.
Accuracy and attention to detail.

Preferred qualifications:

Experience in the prescription pharmaceutical or similar industry, specifically in customer rebates, promotions, or chargebacks.
Familiarity with SAP queries, Business Warehouse, and Vistex.

Padagis core competencies:

Since its beginning, Padagis has been undergoing the process of identifying what we believe will lead to the success of our organization in a competitive landscape.
To that end, we have developed a set of five "core" competencies.
We strive to bring employees on board the journey with us who exemplify these key competencies:

Service delivery - Understand who your internal and external customers are, identify their needs, and deliver value above their expectations.
Active collaboration - Seek opportunities to work together across teams, function, business units, and geographies to seek success.
Demonstrate agility - Proactively identify changes in our environment and act quickly, leading or embracing change.
Think differently - Create, develop, and implement new ideas, products, services, or processes that involve introducing something new or significantly improving something that already exists.
Excellent execution - Achieve outstanding results in all aspects of our organization, including our culture, leadership, strategy, and processes.

About us:

At Padagis our focus is on health care products that improve people's lives.
We are a market-leading generic prescription pharmaceutical company that specializes in "extended topical" medications, like creams, foams, mousses, gels, liquids and inhalable products.
It's a great time to join our team because we have a high growth trajectory with now more than 1,300 employees across six locations in the United States and Israel.
We've already established a successful track record of launching first-to-file and first-to-market generic pharmaceutical products that have helped to make prescription products more affordable for patients and reduce costs for the healthcare system.
Our team members work in a dynamic environment where opportunity is built on a foundation of honesty and transparency.
Please consider joining our team where great things are happening and you can make a difference.

What's Next:

At Padagis a real recruiter AND the hiring manager will review your application, not just a bot.
This means we pay special attention to each application submitted for the position.
While it could take a couple of days for us to get back with you, please know that we appreciate you applying for the open position and ask that you monitor your email for updates.

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant.
However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information.
41 CFR 60-1.
35(c)

Read the full job description and apply online on the recuiter's web-site

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