Rebate Analyst

Sun Pharmaceuticals Industries Inc. is the fourth largest generic pharmaceutical company in the world, and rapidly building our brand presence. We manufacture, market and distribute pharmaceuticals to the nation’s largest wholesalers, distributors, warehousing and non-warehousing chain drugstores as well as managed care providers. Our goal is to continue to develop and market quality products that bring value to our customers and ultimately the patient. Current manufacturing capabilities allow Sun Pharma to develop products across most therapeutic categories.

At Sun Pharma we believe our people are an invaluable asset. Our culturally diverse workforce is one of our biggest strengths, along with the rich experience they bring across varied skill-sets. We are proud that our global workforce is bound by our common values:

Job Summary:

The Rebate Analyst will work closely with Contract Strategy to ensure all payer agreements are administered accurately within SAP and Vistex. Works closely with finance, accounts payable and IT to ensure rebates are accrued and administered accurately and paid timely. Works directly with customers to resolve discrepancies with payer invoices and other assigned accounts.

As an integral member of the Sun Operations team that processes, evaluates, and analyzes sales contracts for U.S. markets. The Rebate Analyst will be responsible for the overall Contract Administration for Sun Pharma brands from membership, contract setup to pricing and rebate validation within Sun’s Revenue Management System and Consultants as needed.

Responsibilities:

•    The Rebate Analyst will be assigned to process and analyze Market Access (Payer) and Specialty Pharmacy rebates.
•    Operationalize contracts in Sun’s Revenue management systems, including Client Plan to formulary assignments.
•    Prepare/maintain products, prices, performance tiers, eligibility dates, and rebate rates.
•    Enter customer utilization data to support accurate calculation of rebates. Ensure data is error-free and loaded correctly in operational systems (document anomalies as appropriate).
•    Review, process and validate all claims, administrative fees and rebates identifying possible disputes for the Commercial, Part D, Specialty Pharmacy, and Payer Customers.
•    Work with internal/external customers to resolve outstanding disputes in a timely manner.
•    Provide claim processing reports and metric tracking statistics to management on a regular basis to provide visibility as to the status, volume, and potential liability of future rebates, fees, and other payments.
•    Develop SOPs and user guides, and expand/update existing documentation.
•    Load contracts into revenue management system (SAP and Vistex) as reflected in commercial rebate agreements across channels.
•    Maintains documentation relating to rebate payments and communicates rebate summaries and reconciliation packages to internal leadership and external parties as needed.
•    Support organization during high demand audit cycles and quarterly reporting as needed.

Education/Experience:

•    BA Degree in Accounting, Finance or equivalent work experience in a similar position such as Financial Planning and Analysis;
•    5+ years previous work experience Managing the processing membership, chargebacks and/or rebates required.
•    Prior experience with an ERP System (JD Edwards, SAP, NetSuite).
•    Prior experience processing one or more of the following: Managed Care rebates, Medicaid claims, government and commercial chargebacks, and/or wholesaler fees within a pharmaceutical company.
•    Knowledge and experience in interpreting commercial and government contracts.
•    Prior Pharmaceutical Experience is required.
•    Intermediate to advanced knowledge of Contract Management Systems, such as Vistex (or other comparable system such as Model N, CARS, imany or Revitas is required).
•    High proficiency in Microsoft Excel is required, along with passing Sun assessment.
•    Track record of developing and providing data analyses and reporting
•    Excellent Analytical and Problem-Solving Skills.
•    Strong verbal, written and interpersonal skills with an emphasis on time management and follow through skills.
•    In-depth knowledge of the Specialty Pharma industry, Sun Pharma Products policies, procedures, and the sales cycle.
•    Prior role as a Business User in the implementation of a Contract Management System is a plus.
•    Proactive with demonstrated ability to recognize trends and problems with GPOs and Payers.

The presently-anticipated base compensation pay range for this position is $88,000 to $107,500. Actual base compensation may vary based on a number of factors, including but not limited to geographical location and experience. In addition, this position is part of the Annual Performance Bonus Plan. Employees are eligible to participate in Company employee benefit programs which include medical, dental and vision coverage; life insurance; disability insurance; 401(k) savings plan; flexible spending accounts; and the employee assistance program. Employees also receive various paid time off benefits, including vacation time and sick time.

The compensation and benefits described above are subject to the terms and conditions of any governing plans, policies, practices, agreements, or other materials or documents as in effect from time to time, including but not limited to terms and conditions regarding eligibility. If hired, employee will be in an “at-will position” and the Company reserves the right to modify base salary (as well as any other discretionary payment or compensation program) at any time, including for reasons related to individual performance, Company, or individual department/team performance, and market factors.

The preceding job description has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities and qualifications required of employees as assigned to this job. Nothing herein shall preclude the employer from changing these duties from time to time and assigning comparable duties or other duties commensurate with the experience and background of the incumbent(s).

We provide equal employment opportunities for all current employees and applicants for employment. This policy means that no one will be discriminated against because of race, religion, creed, color, national origin, nationality, citizenship, ancestry, sex, age, marital status, physical or mental disability, affectional or sexual orientation, military or veteran status, generic predisposing characteristics or any other basis prohibited by law.

Notice to Agency and Search Firm Representatives:

Sun Pharmaceuticals (Sun) is not accepting unsolicited resumes from agencies and/or search firms for this job posting. Resumes submitted to any Sun employee by a third party agency and/or search firm without a valid written & signed search agreement, will become the sole property of Sun. No fee will be paid if a candidate is hired for this position as a result of an unsolicited agency or search firm referral.