Purchase Based Rebate Analyst

Who we are

Together, we’re on a mission to make good health more affordable and accessible, to help millions around the world enjoy healthier lives. It’s a mission that bonds our people across nearly 60 countries and a rich, diverse variety of nationalities and backgrounds. Working here means working with the world’s leading manufacturer of generic medicines, and the proud producer of many of the products on the World Health Organization’s Essential Medicines List. Today, at least 200 million people around the world take one of our medicines every single day. An amazing number, but we’re always looking for new ways to continue making a difference, and new people to make a difference with.

The opportunity

The Purchase Based Rebates Analyst, processes rebates and fees in accordance with the terms and conditions of the customer contract and internal processing procedures for all Teva generic products as well as brand/specialty products. He / She will process and validate rebate and fees, analyze rebate variances, accurately forecast weekly rebate payments for Treasury, review all customer contracts, and maintain superior level of customer service. This positions reports to the Senior Manager, Purchase Based Rebates, Brand and Generic.

How you’ll spend your day

• Responsible for processing Rebates and Admin Fees in accordance with contract terms and conditions
• Responsible for gathering rebate/fee payment support for the review and verification by the Senior Manager, Purchase Based Rebates
• Analyze rebate variances, determine causes, and provide explanations
• May be assigned to process Volume Incentive Rebates, Differentials, Voucher Reimbursements, and other rebate variations in Model N/Flex
• Calculate Brand/Generic claims accurately and timely, provide monthly accrual needs to Revenue Management teams
• Accurately record current and future rebate payments for cash reporting to Treasury. Will be responsible to help in the analysis for providing accurate weekly rebate check payment forecasts to ensure timely customer payment and maximize Teva’s cash flow.
• Help in the review of customer terms and conditions (draft and final versions). Ensure that all changes and new rebates are set-up accurately in Model N Flex and are properly accrued for Revenue Management
• Analyze customer deductions to determine if valid and work closely with A/R to resolve while also looking for trends
• Work with IT to develop and implement rebate reports to support customer payments in BI tools.

Note: This role is a hybrid role and must report to the Parsippany, NJ site

Your experience and qualifications

Any equivalent combination of education, training, and/or experience that fulfills the requirements of the position will be considered.

• Preferred: Bachelor’s degree
• Required: HS Diploma AND at least 1 year Pharmaceutical operational experience, preferably with reimbursements (Purchase Based or Managed Care Rebates, Medicaid Rebates, Chargebacks)
• Excel required; Model N Flex or comparable software and/or SAP a plus

Compensation Data

The annual starting salary for this position is between $77,000 – $96,000 annually. Factors which may affect starting salary within this range and level of role may include geography/market, skills, education, experience and other qualifications of the successful candidate.

Enjoy a more rewarding choice

We offer a competitive benefits package, including:

• Comprehensive Health Insurance: Medical, Dental, Vision, and Prescription coverage starting on the first day of employment, providing the employee enrolls.
• Retirement Savings: 401(k) with employer match, up to 6% and an annual 3.75% Defined Contribution to the 401k plan.
• Time Off: Paid Time Off including vacation, sick/safe time, caretaker time and holidays.
• Life and Disability Protection: Company paid Life and Disability insurance.
• Additional benefits include, but are not limited to, Employee Assistance Program, Employee Stock Purchase Plan, Tuition Assistance, Flexible Spending Accounts, Health Savings Account, Life Style Spending Account, Volunteer Time Off, Paid Parental Leave, if eligible , Family Building Benefits, Virtual Physical Therapy, Accident, Critical Illness and Hospital Indemnity Insurances, Identity Theft Protection, Legal Plan, Voluntary Life Insurance and Long Term Disability and more. 

Already Working @TEVA?

If you are a current Teva employee, please apply using the internal career site available on "Employee Central". By doing so, your application will be treated with priority. You will also be able to see opportunities that are open exclusively to Teva employees. Use the following link to search and apply: Internal Career Site

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Teva’s Equal Employment Opportunity Commitment

Teva Pharmaceuticals is committed to equal opportunity in employment. It is Teva's policy that equal employment opportunity be provided without regard to age, race, creed, color, religion, sex, disability, pregnancy, medical condition, genetic information, marital status, sexual orientation, gender identity or expression, ancestry, national or ethnic origin, citizenship status, military status or status as a disabled or protected veteran, or any legally recognized status entitled to protection under applicable federal, state, or local laws.   

Please advise us of any accommodations needed to support you throughout the recruitment and selection process. All accommodation information provided will be treated as confidential and used only for the purpose of providing an accessible candidate experience. Request a reasonable accommodation by sending an email to [email protected] with the nature of your request and your contact information. Only inquiries concerning a request for a reasonable accommodation will be responded to from this email address.  

Important notice to Employment Agencies - Please Read Carefully  

Teva Pharmaceuticals USA does not accept unsolicited assistance from agencies for employment opportunities.  All CVs / resumes submitted by search firms to any employee at our company without a valid written search agreement in place for this position will be deemed the sole property of our company.  No fee will be paid in the event a candidate is hired by our company as a result of an agency referral where no pre-existing agreement is in place. Where agency agreements are in place, introductions are position specific. Please, no phone calls or emails.