About Medline:
Medline India was setup in 2010 in Pune, primarily as an offshore Development center and to augment resources for Medline Industries LP headquartered in Chicago, USA. We are a 1300+ strong and growing team of technology, finance & and business support professionals who support our businesses worldwide towards a mission to make healthcare run better. Medline India is proud to be certified as a Great Place to Work by the Great Place to Work Institute (India) for the duration May 2023 May 2024.
We are an organization with a conducive work environment, ample opportunities to learn, contribute and grow with a highly empowered & engaged team. We encourage our people to share their best ideas and create new opportunities for our customers and ourselves to work together in order to solve today's toughest healthcare challenges. These are testimonies to Medline been consistently ranked as Best Employers in multiple categories by Forbes for the last couple of years. We have also been listed at #16 place on Fortune 500 list with $20 Billion sales last year. At Medline India #PeopleMatter.
Medline Industries is a healthcare companya manufacturer, distributor and so much more, doing business in more than 125 countries and territories around the world. We provide the quality medical products and solutions our customers need to deliver their best care to every person in every care setting. Together, we free up the clinical and supply chain resources required to improve the overall operating performance of healthcare.
Why join Medline:
- Direct, full-time employment in a large, stable, rapidly growing, and yet profitable company.
- First-rate compensation and benefits package.
- Genuine individual growth potential in this new establishment.
- Open door and highly ethical work culture, with due accountability.
Job Description:
This position is responsible to process invoice discrepancies that are raised by customers when there is a difference between the invoiced price and the customer's expected price. Ensure the timely and accurate analysis of invoice discrepancies and processes the credit request for full/partial approvals & denials. This process requires complex analysis and a business point of view to process as it has a direct financial impact. This role will also be pivotal with identifying opportunities to automate manual processes, increasing efficiency and accuracy in processing credit requests.
Job responsibilities:
- Analyze and process customer pricing credit requests by considering contract eligibility, markup structure, pricing hierarchy and unit of measure aspect.
- Finding source of eligibility by utilizing various methods such as Vendor confirmation, verification of Group Purchasing Organization (GPO) rosters, Vendor Electronic Data Interchange (EDI) files and Pricing Portals. This involves diligent cross-checking to ensure data accuracy.
- Ensure the accuracy of the contract, markup and ranking accessed by the customer.
- Rebate Calculation: Utilize chargeback data to accurately calculate rebates from Vendor in order to secure rebates prior to processing any credit request.
- Collaborate with sales, rebates, and finance teams to resolve any discrepancies or issues related to credit requests and rebates.
- Thoroughly review the contracts , billing & Rebilling and accurately modify the appropriate data in SAP-Vistex.
- Continuously assess and enhance the rebate calculation and processing procedures to streamline operations and minimize errors.
- Analyze credit requests and rebate data to identify trends, patterns, and opportunities for improvement.
- Identify opportunities to automate manual processes, increasing efficiency and accuracy in processing credit requests.
- Working on ad-hoc projects assigned initiated by the Pricing Credits/Rebates Team in timely manner.
Skills / Experience
- 2-3 years of experience in customer pricing, contracts, rebates or other related analytical field.
- Good knowledge of Pricing, Credit memo requests and Rebates.
- Strong understanding of financial principles and calculations.
- Proficiency in financial analysis tools and software, such as Excel, ERP systems, and data visualization tools.
- Intermediate level skill in Microsoft Excel (for example: using SUM function, setting borders, setting column width, inserting charts and pivot tables, using text wrap, sorting, vlookups, and if statements).
- Excellent communication and interpersonal skills for effective stakeholder management.
- Detail-oriented with exceptional problem-solving skills.
- Strong in MS Office knowledge.
- Exceptional analytical, organizational, and communication skills
- Having Continuous improvement mindset
- Flexibility and good team player
- Nice to have: SAP and Vistex Knowledge
Educational Qualification - Any Graduate/MBA
Disclaimer: This position description in no way states or implies that all of the above responsibilities will be assigned to or performed by an individual holding this position. Employees must follow any other job-related instructions and fulfill any other job-related activities assigned to them by their Lead(s)/manager(s).
