Chargeback Analyst
Job Description
Job Description
Breckenridge Pharmaceutical develops and markets high-quality, added-value and cost-effective generic drugs in the United States. Our products are developed in the group’s own R&D facilities and through strategic partnerships with manufactures from around the world.
The Chargeback Analyst is a key member of the Finance Team and will play a critical role in overseeing and optimizing the chargeback process. The ideal candidate will bring in-depth knowledge of pharmaceutical chargebacks, a meticulous approach to data analysis, and collection skills.
Responsibilities:
- Process chargeback credits through Icontracts (in conjunction with SAP)
- Have in-depth knowledge of the validation process ensuring accuracy and compliance with industry regulations
- Evaluate and process customer chargeback submissions, addressing discrepancies in customer, contract, or pricing information
- Responsible for maintaining target performance goals related to the disposition of chargebacks to drive a quality customer experience and reduce risk of financial leakage
- Collaborate with customers to resolve chargeback disputes in alignment with contractual agreements
- Drive effective communication related to contract changes to support accuracy in the chargeback submission process
- Perform periodic audits to ensure accuracy and eligibility of the data
- Conduct weekly chargeback reconciliations, ensuring alignment between Icontracts and SAP
- Reconcile chargeback deductions and facilitate denial collections for efficient resolution
- Responsible for understanding customer contract terms and conditions related to chargeback submissions to ensure timely resolution of disputes
- Proactively audit and review chargebacks for corrections, minimizing errors
- Support development team and implementation team on EDI transactions, ensuring seamless communication and data transfer
Qualifications:
- Bachelor’s degree in business, finance, or related field
- 2-3 years’ related business experience is required
- Experience in contracting, chargeback adjudication within the pharmaceutical industry
- Knowledge of SAP, Icontracts
- Advanced proficiency with MS Excel required
- Detail-oriented with a proactive approach to error prevention and correction
Compensation & Benefits
At Breckenridge Pharmaceutical, Inc, we’re committed to investing in every team member’s total well-being, now and in the future. Our benefits programs vary but we offer the following to all BPI team members, regardless of geographic location:
- Flexible approach to how we work
- Health benefits and time-off programs
- Competitive compensation packages
- The anticipated annual salary for this role is $70,000-90,000
Equal Opportunity Statement
Breckenridge Pharmaceutical, Inc is an Equal Opportunity Employer. All applicants will be considered for employment without attention to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran or disability status.
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