Manager Rebate Accounting - REMOTE

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Hiring Remotely in Home, PA, USA
In-Office or Remote
Insurance
The Role

At Prime Therapeutics (Prime), we are a different kind of PBM, with a purpose beyond profits and a unique ability to connect care for those we serve. Looking for a purpose-driven career? Come build the future of pharmacy with us.

Job Posting Title

Manager Rebate Accounting - REMOTEJob Description

The Manager Rebate Accounting is responsible for managing month-end/year-end close processes, reporting and analysis related to rebates in order to inform decision-making and provide value to clients. This position owns the full scope accounting process for pharmacy and medical rebate transactions for optimized outcomes. This position interacts with and provides financial support to departments across the organization and will also be visible to members of the senior leadership team.

Responsibilities

  • Lead, coach and manage team members to deliver on department goals, coordinate workload, ensure quality, establish procedures, meet client/customer expectations, and manage the costs of the services being provided
  • Proactively partner with internal departments on assessing financial performance of rebates related to monthly rebate financial estimates, rebate reserves, rebate guarantees and other judgmental rebate related accounting items
  • Manage the monthly/quarterly accounting and financial rebate reporting processes including oversight of all rebate related balance sheet account reconciliations while ensuring compliance with GAAP, corporate policies, and industry regulations
  • Collaborate and share perspectives with internal departments and other key stakeholders in the business for aligned goals on rebates, includes providing comprehensive, accurate, timely and relevant rebate performance analysis and reporting to Prime management
  • Support the financial statement and other audits related to rebate accounting operations
  • Maintain a system of internal controls for rebate accounting, providing leadership and accounting perspective for system enhancements and other initiatives as it relates to the rebate accounting processes
  • Review and assess the impacts of new client contracts, product offerings or other initiatives to ensuring appropriate accounting for rebates in accordance with company policies and GAAP
  • Other duties as assigned

Minimum Qualifications

  • Bachelor's degree in Accounting, Finance, Business or related area of study, or equivalent combination of education and/or relevant work experience
  • 6 years of work experience in Accounting or Finance to include 2 years of experience in a PBM, healthcare or insurance organization and 2 years of experience with US GAAP accounting
  • 1 year of leadership/people management experience
  • Must be eligible to work in the United States without need for work visa or residency sponsorship

Additional Qualifications

  • Strong attention to detail and accuracy
  • Demonstrated skills in communication and financial presentations to all levels of management
  • Advanced knowledge of Microsoft Office, particularly Excel
  • Proven ability to build and maintain strong relationships across the organization

Preferred Qualifications

  • 2 years of PBM experience
  • 2 years of experience in rebates
  • CPA or CMA

Every employee must understand, comply with and attest to the security responsibilities and security controls unique to their job, and comply with all applicable legal, regulatory, and contractual requirements and internal policies and procedures

Every employee must be able to perform the essential functions of the job and, if requested, reasonable accommodations will be made to enable employees with disabilities to perform the essential functions, absent undue hardship. In addition, Prime retains the right to change or assign other duties to this job.

Potential pay for this position ranges from $81,000.00 - $138,000.00 based on experience and skills.

To review our Benefits, Incentives and Additional Compensation, visit our Benefits Page and click on the "Benefits at a glance" button for more detail (https://www.primetherapeutics.com/benefits).

Prime Therapeutics LLC is proud to be an equal opportunity and affirmative action employer. We encourage diverse candidates to apply, and all qualified applicants will receive consideration for employment without regard to race, color, religion, gender, sex (including pregnancy), national origin, disability, age, veteran status, or any other legally protected class under federal, state, or local law.

We welcome people of different backgrounds, experiences, abilities, and perspectives including qualified applicants with arrest and conviction records and any qualified applicants requiring reasonable accommodations in accordance with the law.

Prime Therapeutics LLC is a Tobacco-Free Workplace employer.

Positions will be posted for a minimum of five consecutive workdays.

Prime Therapeutics Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Prime Therapeutics and has not been reviewed or approved by Prime Therapeutics.

  • Healthcare Strength Health coverage is described as comprehensive, with medical, dental, and vision options and plan designs that include low deductibles for some choices. Wellness screenings and related incentives add perceived value to the health offering.
  • Retirement Support Retirement benefits stand out through a 401(k) match that is characterized as generous and immediately vested. This structure improves the overall long-term value of the total rewards package.
  • Strong & Reliable Incentives Annual incentive bonuses are positioned as a meaningful component of total compensation and are often portrayed as substantial when performance goals are met. Incentive eligibility appears broadly available across roles, boosting the perceived completeness of rewards.

Prime Therapeutics Insights

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The Company
HQ: Eagan, MN
3,577 Employees
Year Founded: 1987

What We Do

Everything we do is connected to helping people get the medicine they need to feel better and live well. It’s meaningful work and we’ve been doing it for over 20 years. In the pharmacy benefit management (PBM)industry, we’re different. We’re owned by 18 not-for-profit Blue Cross and Blue Shield health plans. This allows us to control costs and empower our employees to put members first. It’s a successful combination. We have the lowest pharmacy trend in the industry and serve 28+ million members throughout the US. In addition to core PBM services, we work closely with our clients to implement the right benefit design, clinical and specialty programs, formulary and networks. A few key products: • NetResults™ • Specialty Drug Management • Best in Care™ • GuidedHealth® • Advanced Fraud, Waste and Abuse: Member and Prescriber Investigations • Prime Analytics™ • CareCentered Contracting™Controlled Substance Management Program Join us! Prime is always looking for smart, purposeful people to join our team. We’re growing fast which means there are plenty of opportunities to advance and grow in your career. At the same time, Prime supports flexibility and offers generous PTO so you can enjoy an enviable work/life balance. We’re a privately held company -big enough to make a difference and small enough for you to have an impact. Follow Prime on LinkedIn to learn more.

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