Commercial Contract & Rebate Specialist II

GRIFOLS, S.A.

87d

About The Position

The Commercial Contract and Rebate Specialist II reports to the Manager, Commercial Contract Operations and will support the overall Contract Administration activities for the North America Bioscience division. This individual will be responsible for the day-to-day ownership of post signature activities including monitoring conformity to contract requirements, processing financial obligations within approved guidelines, data management, deduction and dispute resolution, and managing customer relationships

Requirements

Familiarized with gross to net accounting subject matter
Experienced working with Revenue Management Systems (Revitas or Model N) & Business Intelligence (BI)
Strong capabilities in Microsoft Office (Word, Excel, Power Point)
Excellent analytical and problem-solving skills
Strong verbal, written and interpersonal skills with an emphasis on time management and follow-through skills
Ability to operate independently and remain focused in a dynamic work environment
Extensive knowledge of financial calculations and analysis, reporting and forecasting methodologies
Bachelor’s Degree in Finance, Accounting or other quantitative disciplines
Minimum 5 years of Finance, Accounting, or other closely related experience is required. Experience with contracts and rebates is a plus.

Responsibilities

Position will be a key contributor to the monthly and quarterly payment cycle and will hold a significant portion of the ($1B+) rebates/fees processing responsibility.
Responsible for thorough review of all contracts linked to financial obligations (i.e. rebates, fees) and ensuring compliance with regulations set forth by Grifols
Maintain copies of the contracts and any changes that take effect and work with the Contracts department to make sure Model N CARS Flex is updated timely and properly
Compile and analyze contract sales data from multiple sources and verify completeness and accuracy of data set
Perform the calculation and processing of all contract related rebates and fees, including the monitoring of related price groups in Model N CARS Flex to ensure accurate and timely payments in accordance with signed contracts
Maintain documentation related to rebate or fee payouts and communicate relevant information to internal and external parties
Understand cause and effect relationships related to contract changes within the Model N CARS Flex system
Propose actionable solutions to rebate/chargeback issues and find efficiencies in rebate/chargeback processing
Ability to identify issues with accounts that could lead to revenue leakage and notify management while providing potential solutions to resolve issues
Responsible for the month-end closing process for gross to net (GTN) accounting to ensure all GTN reserves are accurate, including maintenance of accrual rates, account analysis, and journal entries
Develop and maintain rebate databases to report key business metrics, rebate payments, trends, and other performance criteria to management
Recommend and develop policies and procedures related to rebate or fee business administration to ensure efficiency and accuracy of operations
Assist with quarterly and annual internal and external audit requests
Partner with external and internal customers in terms of daily operations, assistance and support
May serve as back up support to Chargeback Analyst
Other ad hoc financial analyses and / or projects as required and assigned