Chargeback and Returns Financial Analyst
2 months ago
Breckenridge Pharmaceutical Inc. is dedicated to the development and marketing of high-quality, value-added, and cost-efficient generic medications in the United States. Our products are crafted in our own research and development facilities and through strategic collaborations with manufacturers globally.
The Chargeback and Returns Financial Analyst is an essential member of the Finance Team, responsible for managing and enhancing the chargeback process. The ideal candidate will possess extensive expertise in pharmaceutical chargebacks, a keen eye for data analysis, and strong collection capabilities.
Key Responsibilities:
- Execute chargeback credit processing utilizing Icontracts in conjunction with SAP.
- Demonstrate comprehensive knowledge of the validation process to ensure precision and adherence to industry standards.
- Assess and process customer chargeback requests, resolving discrepancies in customer, contract, or pricing details.
- Maintain performance targets related to chargeback resolutions to foster a quality customer experience and mitigate financial risks.
- Engage with customers to address chargeback disputes in accordance with contractual agreements.
- Facilitate effective communication regarding contract modifications to ensure accuracy in the chargeback submission process.
- Conduct regular audits to verify the accuracy and eligibility of data.
- Perform weekly chargeback reconciliations to ensure consistency between Icontracts and SAP.
- Reconcile chargeback deductions and support denial collections for prompt resolution.
- Understand customer contract terms and conditions related to chargeback submissions to ensure timely dispute resolution.
- Proactively review and audit chargebacks for necessary corrections, minimizing errors.
- Assist the development and implementation teams with EDI transactions, ensuring smooth communication and data transfer.
Qualifications:
- Bachelor's degree in business, finance, or a related discipline.
- 2-3 years of relevant business experience is essential.
- Experience in contracting and chargeback adjudication within the pharmaceutical sector.
- Familiarity with SAP and Icontracts.
- Advanced proficiency in MS Excel is required.
- Detail-oriented with a proactive mindset towards error prevention and correction.
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