Manager, Managed Care Returns & Rebate Support Job at Teva Pharmaceuticals

Teva Pharmaceuticals Parsippany, NJ 07054

Manager, Managed Care Returns & Rebate Support

Date: May 2, 2023
Location: Parsippany, United States, New Jersey, 07054
Company: Teva Pharmaceuticals
Job Id: 46872

Who are we?

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!

Job Description


The Managers duties are diversified as they will be responsible for the review and payment of various claims per customer’s terms and conditions. Validates and completes weekly review of expired returns cycle. Provide accrual calculations to Revenue and provide any necessary support. Interacts with internal and external customers. The Manager works under minimal supervision, in accordance with established procedures and directly reports to the Director, Returns Processing and Rebate Support.


ESSENTIAL RESPONSIBILITIES


  • Manages the review and payment of claims to Failure to Supply (FTS), Stocking Allowances, Promotions, Price Increases and Post Audit
  • Review and approve fees for recalled products. Ensure payments are in accordance with Teva’s and/or customers policies.
  • Validate and complete weekly expired returns cycles
  • Partner with IT to update and maintain tables within the Automated Returns System (ARS) as needed
  • Responsible for working with Accounts Receivable (AR) team to resolve customer deductions and variances between customer claims and Teva’s calculations. Provide support to AR to dispute deductions. Participate in reoccurring deduction meetings to review and resolve outstanding debits.
  • Maintain and validate calculations of accruals. Review accrual listings created by the team and ensure information is complete and correctly calculated. Submit accruals to the Revenue team monthly and provide support for month end and quarter end requests.
  • Provides support and documentation to internal and external auditors
  • Complies with all SOX requirements
  • Demonstrates professional standards with business contacts in order to maintain Teva’s reputation within the pharmaceutical community
  • Follows Teva Safety, Health and Environmental policies and procedures
  • Other projects/duties as required/assigned


Qualifications


REQUIREMENTS

  • Bachelor’s degree in Business or Finance preferred
  • 4+ years progressive related experience in the pharmaceutical industry preferred
  • Prior experience with returns, recalls and rebates
  • Leadership experience
  • Detailed oriented, organized and deadline sensitive
  • Microsoft Office skills, advanced Excel skills preferred
  • Experience working with Enterprise Resource Planning (ERP) systems such as SAP and BI

COMPETENCIES

  • Management and Leadership
  • Demonstrates professional manner and patience
  • Clearly communicates expectations and provides support
  • Prioritize tasks to meet deadlines
  • Teamwork
  • Ability to work alone or as a team member
  • Builds strong working relationships with team members, internal departments and customer

Function

Marketing

Sub Function

Managed Care Administration

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.




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