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Rebates Analyst Buying Groups & Regional Accts
Saving lives starts with you. It starts with the chain of events you initiate when you work with McKesson Pharmaceutical - a chain that extends across the country and results in millions of people getting more from their healthcare.
As the leader in pharmaceutical distribution and supply chain management, McKesson Pharmaceutical delivers supply, technology and care management solutions to over 26,000 retail and 5,000 health system pharmacies nationwide. Our company includes three segments: Our domestic network of distribution centers ensures that our customers - and their patients - receive the right medicines and medical supplies at the right time. Our IT segment provides service and support for more than 2,400 systems in independent, chain, hospital, clinic and nursing-home pharmacies across the country. We work hard so that pharmacists can spend their time on patients - not paperwork. Our Center for Financial Services plays a critical role in ensuring that hospitals, pharmacies and retail chains receive pharmaceutical products quickly - usually within 24 hours. Our entire team works to ensure patients receive their medications efficiently and begin the process of healing.
Position Description
This position will assist ISMC Manager during peak time and oversee McKesson largest buying group within the Rebate Department to ensure compliance, customer service, and account management.
Additionally, this position will be responsible for overseeing a large buying group quarterly review function for the US Pharma division. Currently rebates consequently have a significant impact on our gross margin. This role requires well developed skills in accounting, business analysis, and process improvement.
Key Responsibilities:
Lead a team of four or more analyst during peak times under the directive of the ISMC Rebate Manager
Build relationships and collaborate with business partners to ensure the integrity of financial information
Quarterly review of large buying group COGS to analyze compliance threshold
Read and interpret customer contracts to ensure accurate and timely rebate set-ups
Review all rebate calculations and required activity to ensure accurate and timely payment during
Month-end close
Prepare and review monthly reconciliations by assigned customer accounts
Research and resolve customer requests and compliance related issues
Assist the accountants and sales teams with monthly P&L analysis
Recommend process improvements to assist with system enhancements and current processes
Conduct rebates analysis by using internal systems to extract data
Provide monthly reports to customers for assigned rebates
Working knowledge of MS Excel and Access
Research and resolve all general ledger reconciling items
Other responsibilities:
Perform detailed analysis and review of processes/transactions with a strict adherence to McKesson policies and GAAP to identify exposure and risk.
Ensure all accruals / rebate calculations are updated for the month end close process
Process all required journal entries into SAP
Process payments and reporting to customers for assigned rebates
Assist the accountants with monthly P&L analysis for customer rebate expense
Prepare and distribute weekly, monthly, quarterly reporting
Identify opportunities and implement solutions for process and profitability improvements
Identify and communicate best practices and/or opportunities to strengthen controls
Use the various McKesson systems (BO, SAP, SMO, CRS etc) to extract data
Monitor, track, and report Buying Group project risks/issues and help drive resolutions to meet project deadlines
Work with other teams¿ members and ISMC Sr. Manger to obtain status updates related to Customer Rebates
Special Projects and analysis as required
Minimum Requirements
Minimum 5-6 years accounting or finance experience preferably with rebates
2) Strong business acumen required
3) Strong Microsoft Excel experience required.
4) Experience with Microsoft Access a plus
5) Knowledge of sales data and contracts a plus
6) Strong analytical skills required
7) Working Knowledge of SAP preferred
Education
4-year degree in accounting or related field or equivalent experience
Physical Requirements
General Office Demands
Benefits & Company Statement
We believe you should be rewarded for the important work you do. For that reason, you'll receive a competitive compensation and benefits package when you join our team.
It starts with you. That's a simple sentence but it says a lot. It reminds each one of us that what we do matters. Every single McKesson employee contributes to our mission - whatever your title, whatever your role, you act as a catalyst in a chain of events that helps millions of people all over the globe. By connecting and improving the business of healthcare, we're helping to ensure that millions of patients get the treatment they need. And by choosing a career with McKesson Pharmaceutical, you'll join a team of passionate people working together to improve lives and advance healthcare.
At McKesson, we believe we can empower healthcare. And it all starts with you.
As an equal opportunity employer, McKesson Corporation unites the talents and contributions of all to advance the power of healthcare. Learn more about our opportunities at mckesson.com/careers
Agency Statement
No agencies please.
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McKesson
At McKesson, we've been empowering healthcare-and employees-for more than 175 years. As the nation's industry leader, we touch the lives of patients in virtually every aspect of healthcare.
We empower our customers by combining innovation, technology and strong relationships to deliver vital supplies and solutions. Ranked in the top 20 on the FORTUNE 500 with more than $100 billion in annual revenue, we also have the resources to empower our employees. Because at McKesson, we know that empowering healthcare starts with you.