Senior Executive-Gross to Net (Claim analyst)

Purpose

This candidate will primarily be responsible for performing Gross To Net transaction, period-end closing activities, accrual workings, and supporting internal and external audit as per company policies, procedures and guidelines. In addition, the he / she will also be required to prepare adhoc reports. Ensure proper recording and reporting of all components of Net Sales, including but not limited to Chargebacks, Rebates, Customer Administrative Fees, Medicaid/Government Rebates, Returns, Shelf Stock Adjustments and Penalties

Position / Job Title

Sr Executive - Gross to Net (Claim analyst)

Department

Finance

Reporting To

AGM - Finance & Accounts

Location

Thane

Years of Experience

2-5 Years

Dosage Form

NA

Job Responsibilities / Deliverables

Oversee all price contracts and revisions thereof to ensure 100% compliance.

Ensure that all administrative fees and rebates are calculated timely and accurately, in accordance with the customers contracts.

Ensure that customer penalty claims (FTS, SSA, PP) are calculated in accordance with their contracts. Raise perspective issues with Supervisor and Sales & Marketing as required.

Work with the third-party Chargebacks vendor and Sales & Marketing department to resolve chargeback discrepancies associated with pricing, membership, and eligibility.

Calculate Point of Sale Accrual Rates on a monthly (CB's and Rebates) or Quarterly/Semi-Annual (Medicaid and Returns) basis, based on actual recent indirect sales history while also taking into account the impact the new contracts and changes to contract pricing might have on customer mix

Upload and monitor Point of Sale Accrual Rates in SAP

Prepare monthly reconciliations for all Gross-to-Net Accruals utilizing Wholesaler Inventory Reports and contract information, with analysis at the Customer and Product Level.

Ensure completeness of the Administrative Fee and Rebate Tracker, to assist in the proper analysis of GTN accounting

As required by contract terms, manage customer relationship through communication between both parties by sending required reports or other requested backup

Qualifications & Pre-Requisites

We are open for a person has good learning aptitude and analytical skills.

Experience of 2 - 6 years in the R2R (revenue to record) or Gross to net will be preferred.

Person must have excellent in Microsoft excel formulas and its use in complex calculations with use of multiple logics.

Good working knowledge of SAP, iContract or similar system.

Excellent working knowledge of MS Excel (ability to apply arithmetic and logical formulae, create and analyse pivot, create and analyse graphs) and ability to handle large spreadsheets.

Preferably has experience of working in night shifts.

Good communication

Good communication skills, both verbal and written, across departments and levels

Able to handle multiple tasks and stay organized.

Strong attention to detail

Ability to work in team as well as individual contributor.

Additional notes

Role is expected to work in second shift