Deduction Analyst

Deductions Analyst
Location: Cortlandt Manor, NY – hybrid schedule
Compensation: $70,000-$90,000 + bonus

CFS has partnered with a medical company based in Westchester County to help identify their new Deductions Analyst. The Deductions Analyst will manage and process chargeback claims from distributors, maintain accurate pricing and eligibility data for all distribution customers and shipping locations, and ensure compliance with contractual agreements.

This company offers great benefits including a 401k match with no vesting period, work/life balance – hybrid schedule, great compensation, and opportunity for growth.

Key Responsibilities:

• Review, validate, and process distributor chargeback claims (including EDI 844/849/867 reports) per company policies and agreements. Ensure documentation, approvals, and audit-ready records are maintained before issuing credits or disputes.
• Investigate root causes of chargebacks by analyzing sales data, contract terms, and claims. Partner with accounts receivable, sales, finance, operations, and distributors to resolve issues, prevent recurrences, and implement corrective actions.
• Maintain precise records of chargeback transactions in financial systems; monitor pricing structures, eligibility rules, and inheritance logic to ensure accuracy.
• Review distributor contracts for adherence; recommend amendments or updates to optimize terms. Support contract renewals, terminations, and eligibility changes.
• Function as the main contact for distributors on chargeback inquiries, providing timely, professional responses. Build strong relationships to improve upstream data quality and reduce disputes.
• Generate reports on chargeback trends, discrepancies, and performance metrics; identify opportunities for process improvements and share insights with sales and leadership to enhance distributor relationships and margins.
• Contribute to transitioning from manual to more automated chargeback processes, including EDI enhancements and integration with ERP systems.
• Work with Sales leads on Distribution trends across portfolio offering insights to improve product penetration.

Qualifications:

• Bachelor’s degree in Finance, Accounting, Business Administration, or a related field.
• Experience with Cardinal, Medline & McKesson strongly preferred. GPO pricing administration experience preferred.
• Minimum 2-5 years in chargeback management or processing within the medical device, diagnostics, or pharmaceutical industry.
• Minimum 5 years of relevant experience in finance, AR, or contract administration.