Hikma Pharmaceuticals USA Inc.

  • Rebates Manager

    Job Location US-NJ-Eatontown
    Posted Date 3 weeks ago(7/23/2018 5:35 PM)
    Job ID
    2018-4615
    Job Function
    Finance
    Shift
    1st
  • Overview

    The Rebate Manager is responsible for ensuring that the Gross to Nets for Commercial Rebates liabilities are properly stated. This includes determining the proper point of sale accrual and analysis of payments. You will be reviewing the calculations and validations of rebate payments to Wholesalers, Retailers, Distributors and Group Purchasing Organizations and ensuring that the credits and payments are issued timely. This position will report to the Senior Director of Finance

    Responsibilities

    Responsibilities

    • Provide guidance to the rebates team on any issues that may arise to make certain that rebate payments are issued timely.
    • Review contract terms and payment history to properly add a point of sale accrual in SAP by customer and product.
    • Review balance sheet reconciliations for Gross to Net Accounts.
    • Participate in monthly net sales meetings to present the status of the rebates to confirm that the balances reflect the company’s liabilities.
    • Work closely with the Contracts Managements team to ensure that you are properly interpreting the rebates to make certain that the rebates being paid are per the terms and conditions of the contract.
    • Participate in contract reviews to determine to identify and communicate administration issues and concerns and provide financial impact analysis as needed.
    • Review and work post audit claims from customers to determine the proper resolution.
    • Work with the Accounts Receivable team to ensure that open debits are reviewed and all matching credits are offset on a timely basis.
    • Assist with internal and external audit requirements.
    • Work with the IT team to create more efficiencies within the group.
    • Update and maintain policies for processing commercial rebates.
    • Special projects as requested.

    Qualifications

    Qualifications

    • A bachelor's degree preferred or applicable work experience.
    • 3-5 years of relevant work experience with Rebates in the pharmaceutical industry.
    • Experience in SAP/ Vistex a plus.
    • Ability to use advanced Excel spreadsheet functions and formulas (Power pivots, pivot tables, and lookup formulas).
    • Interest in working with large amounts of data. Detail oriented and able to spot data anomalies, outliers, patterns and trends.
    • Must be able to multi-task in a fast paced environment.

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