Supply Chain Payment Specialist

Sentara Health•Virginia Beach, VA

33d•$92,768 - $135,782•Hybrid

About The Position

The Supply Chain Payment Specialist serves as a Subject Matter Expert (SME) in rebate processing, payment assurance functions, and financial leakage programs. This role involves recording, reconciling, and reporting transactions and balances related to rebates and/or payment recovery efforts. The specialist will verify complex calculations of rebate amounts due based on contract language, reconcile source documentation, and collaborate with Supply Chain Sourcing Managers to verify and research any discrepancies. Key responsibilities include identifying, analyzing, researching, and resolving rebate or payment assurance issues, preparing presentations, creating work papers, and communicating effectively with various departments and staff levels. This position provides financial, analytical, and business management support for the Supply Chain Director of Finance and/or Supply Chain Senior Management.

Requirements

Bachelor Level Degree Required
5 years related experience/business acumen
Strong Independent worker
Analytical support for supply chain
Understanding of contracts, application of rebate transactions
Creative Thinker
Strong attention to detail
Excellent written and verbal skills

Nice To Haves

Potential Remote opportunity will be considered for strong candidates

Responsibilities

Verifies complex calculations of rebate amounts due based on contract language, reconciling source documentation, working with Supply Chain Sourcing Managers to verify and research any discrepancies.
Reviews and comprehends factors indicating payment assurance in relation to Supply Chain functions.
Audits compliance support related to rebates and payment assurance and financial leakage.
Provides analytical support for the Supply Chain Director of Finance and/or Supply Chain Senior Management.
Reviews payment or rebate transactions and identifies issues related to Supply Chain functions.
Assists in the process of analysis and redesign of current operational procedures.
Researches, reads, and understands rebate-related sections of contracts and applies them to rebate transactions.
Prepares, analyzes, researches, and reports on assigned areas.
Prepares presentations for Supply Chain leadership summarizing operational/financial results and trends.
Creates relevant work papers, schedules, dashboards, and reconciliations.
Works closely with Sentara colleagues in different departments across the system.
Establishes a system to capture and report key metrics for assigned areas of responsibility.
Demonstrates understanding of accounting and account reconciliation.
Assists in the process of analysis and redesign of current operational procedures as needed.
Communicates financial information related to rebates and payment assurance programs.
Determines next steps to follow until the related issue is resolved.
Provides support for internal and external regulatory and reporting requirements.
Assists with ad hoc financial analysis.
Gathers and analyzes data in support of projects assigned and proposed solutions; assists with special analysis and projects as requested.

Benefits

Market-competitive compensation packages
Base pay range: $92,768.00 - $135,782.40 annually
Additional compensation may be available (shift differentials, on-call pay, shift premiums, extra-shift incentives, or bonus opportunities)
Medical, Dental, Vision plans
Adoption, Fertility and Surrogacy Reimbursement up to $10,000
Paid Time Off and Sick Leave
Paid Parental & Family Caregiver Leave
Emergency Backup Care
Long-Term, Short-Term Disability, and Critical Illness plans
Life Insurance
401k/403B with Employer Match
Tuition Assistance – $5,250/year
Discounted educational opportunities through Guild Education
Student Debt Pay Down – $10,000
Pet Insurance
Legal Resources Plan
Opportunity to earn an annual discretionary bonus