Senior Analyst, Institutional Provider Rebates

Pfizer

Lake Forest, California

JOB DETAILS
SKILLS
Acceptance Testing, Accounting, Accrual-Basis Accounting, Analysis Skills, Artificial Intelligence (AI), Coaching, Continuous Improvement, Contract Management, Contract Negotiation, Contract Requirements, Contract Review, Cross-Functional, Customer Relations, Customer Support/Service, Data Analysis, Data Management, Detail Oriented, Documentation, Federal Laws and Regulations, Finance, Financial Analysis, Financial Management, Financial Systems, Financial Transactions, Follow Through, Government, Healthcare Providers, Hospital, IBM Cognos, Identify Issues, Interpersonal Skills, Leadership, Maintain Compliance, Market Analysis, Marketing Strategy, Microsoft Excel, Microsoft Outlook, Microsoft PowerPoint, Microsoft Word, Oncology, Operational Audit, Operational Strategy, Performance Management, Pivot Tables, Policy Development, Policy Implementation, Presentation/Verbal Skills, Pricing, Problem Solving Skills, Product Support, Project Evaluation, Project/Program Management, Reconciliation, Regulations, Regulatory Compliance, Requirements Management, Risk, Risk Management, SAP BusinessObjects, Sales Management, Sarbanes-Oxley Act (SOX), Standard Operating Procedures (SOP), State Laws and Regulations, Strategic Planning, Team Lead/Manager, Team Player, Time Management, Trend Analysis, Vlookups
LOCATION
Lake Forest, California
POSTED
6 days ago

ROLE SUMMARY

The Senior Analyst,  Institutional Provider Rebates, has the primary purpose of managing the payment requirements of US contracts for Pfizer’s Oncology Business and Specialty Care Business Unit with Hospital, GPO, IDN’s, Clinic customers. The person in this role will be accountable for on time and accurate rebate payments to US customers, consistent with the terms and conditions of our agreements, as well as providing timely information and support to meet statutory, compliance and audit requirements.

Additionally, the Sr. Analyst will be responsible for financial analysis associated with payments to explain variances and changes to existing trends. The Sr. Analyst will participate in a variety of strategic initiatives, ongoing internal and external deliverables to ensure effective support for US Products across Specialty and Oncology Business Units.

ROLE RESPONSIBILITIES

Rebate Administration

  • Assume responsibility for contracted customers (GPOs, IDNs, and Clinics) and manage the fee/rebate payment process by:
  • Reviewing contract language and provide SME on rebate setup in connection with pricing components in Flex system
  • Ensure that customers adhere to contract language, terms, & conditions to reduce risk and protect Pfizer’s assets.
  • Work to ensure adherence to SOX controls and internal SOPs; maintain adequate supporting documentation for rebate payments, rebate reconciliations and quarterly accrual reserves.
  • Accurately process payments within the timelines stated in our agreements. Perform robust validations to ensure accuracy and participate in continuous improvement initiatives.

Payment Analysis

  • Comment on account performance for Senior management and Account Teams, while maintaining a strong focus on customer support.
  • Provide quarterly rebate information and analysis to Managed Market Finance for accruals process.

Strategic Vision / Operational Implementation

  • Awareness of contract negotiation of rebate and fee strategies as it relates to the payment terms, system capabilities, and customers’ data management.
  • Review draft language with Contracting Management and Development teams.
  • Collaborate closely with Team Leader to ensure accurate setup of rebate eligible members.

Customer Focused

  • Begin to develop key customer relationships and align on common business objectives.
  • Assist on ad-hoc requests for data and analysis and begin to build collaborative relationships with various internal stakeholders.

Technology Focused

  • Begin to gain knowledge of rebate payment process and applications (FLEX, Business Objects, Cognos). Begin to identify calculation issues; Participate in periodic UAT for system enhancements.
  • Build knowledge of customers, markets, and Pfizer strategies to understand impact of evolving contract strategies
  • Begin to implement AI tools into the day-to-day operations, analysis, and project based activities

Continuous Improvement

  • Begin to identify and communicate issues, which may impact the contracting & rebate process or the overall contracting environment.
  • Participate in training sessions to gain overall knowledge of the market, rebate administration process, and key stakeholder areas of focus (e.g., accruals.)
  • Participate in project work and analysis required on an ad hoc basis. Assigned project work would generally consist of leading low to medium risk projects with cross functional impact.

BASIC QUALIFICATIONS

Candidate demonstrates a breadth of diverse leadership experiences and capabilities including: the ability to influence and collaborate with peers and develop and coach others to achieve meaningful outcomes and create business impact.

  • Applicant must have a Bachelor’s degree + 2 years of experience OR Master’s degree OR an Associates degree with + 6 years of experience OR HS diploma (or equivalent) with + 8 years of relevant experience.
  • Relevant experience in the pharmaceutical industry or relative experience preferred; Institutional contracting/rebating experience a plus, but not required.
  • Begin to be able to make judgments regarding policy, objectives, and Institutional and Provider marketplace.
  • Excellent interpersonal skills, including the ability to understand and respond to multiple internal and external stakeholders.
  • Possess good organization, verbal and written communication and time management skills. Possess reliable follow-through, and ability to influence the outcome of key issues and challenges.
  • Strong skills in Excel, including proficiency with pivot tables, V-lookups, charts, and formulas; proficient working with large data files.
  • Good fluency and knowledge of AI and systems such as CoPilot, Claude, etc.
  • Intermediate skills with MS Word, MS PowerPoint, and MS Outlook.

Preferred qualifications

  • Experience working with a rebate payment system or similar financial transaction system preferred; experience with Model N FLEX platform preferred.
  • Proficient using Business Objects, Cognos, or other reporting software; basic understanding of how report queries function and ability to create simple queries independently.
  • Good analytical and problem-solving skills required; good attention to detail and project management skills preferred.

Other Job Details:

  • Last Date to Apply for Job: July 13
  • NOT Eligible for Relocation Package
  • Position is hybrid and will require to work 2 to 3 days per week site

 
Work Location Assignment: Hybrid

The annual base salary for this position ranges from $82,700.00 to $137,900.00.* In addition, this position is eligible for participation in Pfizer’s Global Performance Plan with a bonus target of 10.0% of the base salary. We offer comprehensive and generous benefits and programs to help our colleagues lead healthy lives and to support each of life’s moments. Benefits offered include a 401(k) plan with Pfizer Matching Contributions and an additional Pfizer Retirement Savings Contribution, paid vacation, holiday and personal days, paid caregiver/parental and medical leave, and health benefits to include medical, prescription drug, dental and vision coverage. Learn more at Pfizer Candidate Site – U.S. Benefits | (uscandidates.mypfizerbenefits.com). Pfizer compensation structures and benefit packages are aligned based on the location of hire. The United States salary range provided does not apply to Tampa, FL or any location outside of the United States. * The annual base salary for this position in Tampa, FL ranges from $74,500.00 to $124,100.00. This role is posted in multiple locations. If you are applying for the role in an secondary job posting location where pay transparency regulations apply, your Talent Advisor will share the local pay information with you during the first interview.

Relocation assistance may be available based on business needs and/or eligibility.

Candidates must be authorized to be employed in the U.S. by any employer.

U.S. work visa sponsorship (such as TN, O-1, H-1B, etc.) is not available for this role now or in the future.

Sunshine Act

Pfizer reports payments and other transfers of value to health care providers as required by federal and state transparency laws and implementing regulations.  These laws and regulations require Pfizer to provide government agencies with information such as a health care provider’s name, address and the type of payments or other value received, generally for public disclosure.  Subject to further legal review and statutory or regulatory clarification, which Pfizer intends to pursue, reimbursement of recruiting expenses for licensed physicians may constitute a reportable transfer of value under the federal transparency law commonly known as the Sunshine Act.  Therefore, if you are a licensed physician who incurs recruiting expenses as a result of interviewing with Pfizer that we pay or reimburse, your name, address and the amount of payments made currently will be reported to the government.  If you have questions regarding this matter, please do not hesitate to contact your Talent Acquisition representative.

EEO & Employment Eligibility

Pfizer is committed to equal opportunity in the terms and conditions of employment for all employees and job applicants without regard to race, color, religion, sex, sexual orientation, age, gender identity or gender expression, national origin, disability or veteran status.  Pfizer also complies with all applicable national, state and local laws governing nondiscrimination in employment as well as work authorization and employment eligibility verification requirements of the Immigration and Nationality Act and IRCA.  Pfizer is an E-Verify employer.  This position requires permanent work authorization in the United States.

Pfizer endeavors to make www.pfizer.com/careers accessible to all users. If you would like to contact us regarding the accessibility of our website or need assistance completing the application process and/or interviewing, please email 

disabilityrecruitment@pfizer.com

. This is to be used solely for accommodation requests with respect to the accessibility of our website, online application process and/or interviewing. Requests for any other reason will not be returned.

To learn more about acceptable and prohibited uses of AI during the recruitment process, please review our candidate AI-use guidelines available on Pfizer Careers.

Finance & Accounting

About the Company

P

Pfizer

A career at Pfizer offers opportunity, ownership and impact. All over the world, Pfizer colleagues work together to positively impact health for everyone, everywhere. Our colleagues have the opportunity to grow and develop a career that offers both individual and company success; be part of an ownership culture that values diversity and where all colleagues are energized and engaged; and the ability to impact the health and lives of millions of people. Pfizer, a global leader in the biopharmaceutical industry, is continuously seeking top talent who are inspired by our purpose to innovate to bring therapies to patients that significantly improve their lives.
COMPANY SIZE
5,000 to 9,999 employees
INDUSTRY
Biotechnology/Pharmaceuticals
FOUNDED
1849
WEBSITE
http://www.pfizer.com