Supply Chain Payment Specialist

Sentara Hospitals•Virginia Beach, VA

31d•Hybrid

About The Position

Serves as a Subject Matter Expert (SME) in rebate processing, payment assurance functions and financial leakage program. Recording, reconciling, and reporting transactions and balances related to rebates and/or payment recovery efforts. 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. Identify, analyze, research, and resolve rebate or payment assurance issues. Prepare presentations, create relevant work papers, identify issues related to assigned areas and communicate well with various departments with staff at various levels. Provides financial, analytical, and business management support for the Supply Chain Director of Finance and/or Supply Chain Senior Management. 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. Review and comprehend 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. Ability to review payment or rebate transactions and identify issues related to Supply Chain functions. Assists in the process of analysis and redesign of current operational procedures. Research, read and understand rebate related sections of contracts and apply to rebate transactions. Prepare, analyze, research and report on assigned areas. Prepare presentations and for Supply Chain leadership summarizing operational/financial results and trends. Create relevant work papers, schedules, dashboards, and reconciliations. Works closely with Sentara colleagues in different departments across the system. Establish a system to capture and report key metrics for assigned areas of responsibility. Demonstrates understanding of accounting and account reconciliation. Assist in the process of analysis and redesign of current operational procedures as needed. Ability to communicate financial information related to rebates and payment assurance program. Ability to determine next steps to follow until the related issue is resolved. Provides support for internal and external regulatory and reporting requirements. Assist with ad hoc financial analysis. Gather and analyze data in support of projects assigned and proposed solutions; assists with special analysis and projects as requested.

Requirements

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

Responsibilities

Serves as a Subject Matter Expert (SME) in rebate processing, payment assurance functions and financial leakage program.
Recording, reconciling, and reporting transactions and balances related to rebates and/or payment recovery efforts.
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.
Identify, analyze, research, and resolve rebate or payment assurance issues.
Prepare presentations, create relevant work papers, identify issues related to assigned areas and communicate well with various departments with staff at various levels.
Provides financial, analytical, and business management support for the Supply Chain Director of Finance and/or Supply Chain Senior Management.
Review and comprehend 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.
Ability to review payment or rebate transactions and identify issues related to Supply Chain functions.
Assists in the process of analysis and redesign of current operational procedures.
Research, read and understand rebate related sections of contracts and apply to rebate transactions.
Prepare, analyze, research and report on assigned areas.
Prepare presentations and for Supply Chain leadership summarizing operational/financial results and trends.
Create relevant work papers, schedules, dashboards, and reconciliations.
Works closely with Sentara colleagues in different departments across the system.
Establish a system to capture and report key metrics for assigned areas of responsibility.
Demonstrates understanding of accounting and account reconciliation.
Assist in the process of analysis and redesign of current operational procedures as needed.
Ability to communicate financial information related to rebates and payment assurance program.
Ability to determine next steps to follow until the related issue is resolved.
Provides support for internal and external regulatory and reporting requirements.
Assist with ad hoc financial analysis.
Gather and analyze data in support of projects assigned and proposed solutions; assists with special analysis and projects as requested.

Benefits

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 and discounted educational opportunities through Guild Education
Student Debt Pay Down – $10,000
Pet Insurance
Legal Resources Plan
Annual discretionary bonus