Clinical Payment Analyst

AbbVie • North Chicago, IL

2d

About The Position

The Clinical Payment Analyst is responsible for all clinical payment activity from contract execution through final payment reconciliation including support to internal stakeholders and suppliers. Responsibilities include contract entry and configuration for executed supplier agreement budgets into the appropriate finance system, investigating discrepancies and collaborating with suppliers regarding missing back-up for submitted invoices. The role requires applying critical thinking skills to resolve any payment issues that arise by interacting with the suppliers and internal stakeholders. The analyst will also conduct final payment reconciliation for all assigned studies/suppliers, establish and maintain relationships with assigned Suppliers, R&D Clinical Contracting, and provide timely responses to supplier and internal stakeholder inquiries. Additionally, the role involves identifying risks and trends that may be noted during contract configuration, payment processing, and reconciliation, and proposing mitigation strategies/efficiencies across studies and suppliers. The position also requires providing forward-thinking data analytics to support dashboards and other reporting that advances operational efficiencies.

Requirements

• Bachelor's degree in Business, Finance or Accounting preferred and/or 4+ years of equivalent related work experience is required
• Proficient Excel skills required
• Able to work well within a team and autonomously
• Able to influence without authority

Nice To Haves

• Experience with SAP preferred
• Excellent planning and organizational skills and the ability to work effectively and efficiently in a dynamic, fast-paced environment
• Background in data analytics and technology applications
• Experience with AI usage and Power BI a plus

Responsibilities

• Contract entry and configuration for executed supplier agreement budgets into the appropriate finance system
• Investigate discrepancies and collaborate with suppliers regarding missing back-up for submitted invoices
• Apply critical thinking skills to resolve any payment issues that arise by interacting with the suppliers and internal stakeholders
• Conduct final payment reconciliation for all assigned studies/suppliers
• Establish and maintain relationships with assigned Suppliers, R&D Clinical Contracting
• Provide timely responses to supplier and internal stakeholder inquiries
• Identify risks and trends that may be noted during contract configuration, payment processing, reconciliation and propose mitigation strategies / efficiencies across studies and suppliers
• Provide forward thinking data analytics to support dasboards and other such reporting that advances operational efficiencies

Benefits

• paid time off (vacation, holidays, sick)
• medical/dental/vision insurance
• 401(k)
• short-term incentive programs

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level