Analyst, Purchase Based Rebates

Who we are?

Teva is a global pharmaceutical leader and the world's largest generic medicines producer, committed to improving health and increasing access to quality health solutions worldwide. Our employees are at the core of our success, with colleagues in over 80 countries delivering the world's largest medicine cabinet to 200 million people every day. We offer a uniquely diverse portfolio of products and solutions for patients and we've built a promising pipeline centered around our core therapeutic areas. We are continually developing patient-centric solutions and significantly growing both our generic and specialty medicines business through investment in research and development, marketing, business development and innovation. This is how we improve health and enable people to live better, healthier lives. Join us on our journey of growth!

The opportunity

The Purchase Based Rebates Analyst, processes commercial rebate claims in accordance with the terms and conditions of the rebate contract and internal processing procedures for all Teva generic products as well as brand/specialty products. He / She will process and validate all Rebates, analyze rebate differences, accurately forecast weekly rebate payments for Treasury, review all customer contracts and maintain superior level of customer service. This positions reports to the Manager, Purchase Based Rebates, Brand and Generic.

How you’ll spend your day

• Responsible for processing Rebates and Admin Fees in accordance to T&C’s.
• Responsible for pulling together the rebate and admin payment support for the review and verification by the Manager, Purchase Based Rebates for approval.
• Analyze rebate variances and determine cause(s) of any differences and provide solutions, working closely with the AR team.
• May train for the calculation and processing of Specialty Rebates, Volume Incentive Rebates, and other rebates processed in the Model N Flex system and/or manually.
• Calculate Brand/Generic claims accurately and timely, provide monthly accrual needs to Revenue Management teams.
• Accurately record current and future rebate payments for cash reporting to Treasury. Will be responsible to help in the analysis for providing accurate weekly rebate check payment forecasts to ensure timely customer payment and maximize Teva’s cash flow.
• Help in the review of customer T&Cs (draft and final versions). Ensure that all changes and new rebates are set-up accurately in Model N Flex and are properly accrued for Revenue Management.
• Analyze customer deductions to determine if valid and work closely with A/R to resolve while also looking for trends.
• Work with IT to develop and implement rebate reports to support customer payments in BI tools.

Your experience and qualifications

• Bachelor’s degree or equivalent combination of education, training and/or direct work related experience.
• At least 1 year Pharmaceutical operational experience, preferably with reimbursements (Purchase Based or Managed Care Rebates, Medicaid Rebates, Chargebacks).
• Excel required; Model N Flex or comparable software and/or SAP a plus

Enjoy a more rewarding choice

We are strengthening and adding to our critical teams with great talent and capabilities: Teva, a global organization with a brand of evolving success. Be part of it!

We offer a competitive benefits package, including Medical, Dental, Vision, and Prescription coverage starting on the first day. We also offer Disability and Life Insurance, Paid Time Off, 13 paid Holidays, 6% match on the 401(k), Employee Stock Purchase Plan, and Tuition Assistance.

Reports To

Manager, Purchase Based Rebates, Brand and Generic

Already Working @TEVA?

If you are a current Teva employee, please apply using the internal career site available on "Employee Central". By doing so, your application will be treated with priority. You will also be able to see opportunities that are open exclusively to Teva employees. Use the following link to search and apply: Internal Career Site

The internal career site is available from your home network as well. If you have trouble accessing your EC account, please contact your local HR/IT partner.

Teva’s Equal Employment Opportunity Commitment

Teva Pharmaceuticals is committed to equal opportunity in employment. It is Teva's global policy that equal employment opportunity be provided without regard to age, race, creed, color, religion, sex, disability, pregnancy, medical condition, sexual orientation, gender identity or expression, ancestry, veteran status, national or ethnic origin or any other legally recognized status entitled to protection under applicable laws.