Senior Executive

Purpose
This candidate will primarily be responsible for performing Gross-to-Net transactions, period-end closing activities, accrual workings, and supporting internal and external audits as per company policies, procedures, and guidelines. In addition, he/she will be required to prepare ad hoc reports. Ensure proper recording and reporting of all components of Net Sales, including but not limited to Chargebacks, Rebates, Customer Administrative Fees, Medicaid/Government Rebates, Returns, Shelf Stock Adjustments and Penalties

Position / Job Title
Sr Executive - Gross to Net (Claim Analyst)

Department
Finance

Reporting To
AGM - Finance & Accounts

Location
Thane

Years of Experience
2-5 Years

Dosage Form
NA

Job Responsibilities / Deliverables
Oversee all price contracts and revisions thereof to ensure 100% compliance.
Ensure that all administrative fees and rebates are calculated in a timely and accurate manner, in accordance with the customers contracts.
Ensure that customer penalty claims (FTS, SSA, PP) are calculated in accordance with their contracts.   Raise perspective issues with Supervisor and Sales & Marketing as required.
Work with the third-party Chargebacks vendor and Sales & Marketing department to resolve chargeback discrepancies associated with pricing, membership, and eligibility.
Calculate Point of Sale Accrual Rates on a monthly (CB’s and Rebates) or Quarterly/Semi-Annual (Medicaid and Returns) basis, based on actual recent indirect sales history while also taking into account the impact the new contracts and changes to contract pricing might have on customer mix
Upload and monitor Point of Sale Accrual Rates in SAP
Prepare monthly reconciliations for all Gross-to-Net Accruals utilizing Wholesaler Inventory Reports and contract information, with analysis at the Customer and Product Level.  
Ensure completeness of the Administrative Fee and Rebate Tracker to assist in the proper analysis of GTN accounting
As required by contract terms, manage customer relationship through communication between both parties by sending required reports or other requested backup

Qualifications & Pre-Requisites
We are open to a person who has good learning aptitude and analytical skills.
Experience of 2 - 6 years in the R2R (revenue to record) or gross-to-net will be preferred.
Person must be excellent in Microsoft Excel formulas and their use in complex calculations with the use of multiple logics.
Good working knowledge of SAP, iContract, or a similar system.
Excellent working knowledge of MS Excel (ability to apply arithmetic and logical formulae, create and analyse pivots, create and analyse graphs) and ability to handle large spreadsheets.
Preferably has experience of working in night shifts.
Good communication
Good communication skills, both verbal and written, across departments and levels
Able to handle multiple tasks and stay organized.
Strong attention to detail
Ability to work in a team as well as an individual contributor.

Additional notes
The role is expected to work the second shift