Senior Analyst, Finance

Posted Yesterday
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Mettawa, IL, USA
Hybrid
Mid level
Healthtech • Pharmaceutical
The Role
The Senior Analyst in Finance will manage Medicaid and 340B duplicate discount identifications and resolutions, coordinate recovery efforts, and conduct analysis of claims and pricing compliance.
Summary Generated by Built In
Company Description

About AbbVie

AbbVie's mission is to discover and deliver innovative medicines and solutions that solve serious health issues today and address the medical challenges of tomorrow. We strive to have a remarkable impact on people's lives across several key therapeutic areas including immunology, oncology and neuroscience - and products and services in our Allergan Aesthetics portfolio. For more information about AbbVie, please visit us at www.abbvie.com. Follow @abbvie on LinkedIn, Facebook, Instagram, X and YouTube.

Job Description

Purpose

Incumbent will have responsibility for Medicaid and 340B duplicate identification, initiation, and resolution.  Regular communication and reconciliations with 340B Covered Entities (CEs) and state Medicaid contacts on open dispute items.  Partner closely with the Medicaid Rebate management and team to ensure coordinated dispute recovery efforts, as well as dispute tracking across all types and programs.

Responsibilities

  • Responsible for Medicaid and 340B duplicate discount identification, initiation and resolution.
  • Assist in developing strategies to minimize dispute resolution time with covered CEs & state agencies. by building relationships focused on problem solving for the mutual benefit of all parties to ensure compliance.
  • Proactively coordinate 340B recovery efforts by directly contacting state Medicaid contacts, CEs and/or Third-Party Vendors (TPV).
  • Coordinate recovery efforts with Medicaid Analyst counter parts by managing claim distribution and disputing.
  • Perform ongoing analysis of Open/Impasse 340B Claims balances by status.
  • Calculate Supplemental program dollar impact of identified Statutory claims.
  • Support third parties on an ongoing basis with URAs, CLD, and chargeback Data required for scrubbing.
  • Manage all Desk Top Procedures (DTPs) related to specific areas of responsibility.
  • Develop and foster solid internal and external relationships that facilitate job activities. Assist and act as liaison for various groups in relation to the Medicaid forecasted products.
  • Perform other duties as assigned.

Qualifications

  • Bachelor’s degree required. Bachelor's degree in Finance or Accounting preferred.
  • 3 or more years’ experience, preferably in the pharmaceutical industry, in financial/analytical roles, customer service, trade relations, or government pricing. Exposure to government pharmaceutical pricing and Medicaid programs, including Medicaid scrubbing and dispute investigation activities, is preferred. Familiarity with applicable regulations and standards (e.g., Medicaid requirements and compliance considerations) or the ability to learn them quickly is desired.
  • Must have very strong computer skills, including advanced knowledge of Microsoft Excel  to analyze large datasets, identify discrepancies, and support issue resolution. Knowledge of SAP platforms and government pricing systems (i.e., Model N, COGNOS) is preferred.
  • Incumbent should have a foundational understanding of government pharmaceutical pricing and Medicaid programs.
  • Strong analytical and problem-solving skills, including the ability to review, interpret, and analyze data to identify discrepancies, trends, and potential issues within Medicaid scrubbing and dispute activities.
  • The incumbent will work as part of a team to execute assigned responsibilities, perform data analysis, and support the investigation and resolution of discrepancies.
  • Ability to follow established procedures, apply sound judgment, and escalate more complex issues as appropriate.
  • Strong communication skills are needed to clearly present findings and collaborate effectively with internal stakeholders. This position reports to the Manager, Medicaid Scrubbing and Dispute Investigations.

Additional Information

Applicable only to applicants applying to a position in any location with pay disclosure requirements under state or local law: ​

  • The compensation range described below is the range of possible base pay compensation that the Company believes in good faith it will pay for this role at  the time of this posting based on the job grade for this position. Individual compensation paid within this range will depend on many factors  including  geographic location, and we may ultimately  pay more or less than the posted range. This range may be  modified in the future. ​

  • We offer a comprehensive package of benefits including paid time off (vacation, holidays, sick), medical/dental/vision insurance and 401(k) to eligible employees.​

  • This job is eligible to  participate in our short-term incentive programs. ​

Note: No amount of pay is  considered to be wages or compensation until such amount is earned,  vested,  and determinable. The amount and availability of  any bonus, commission, incentive, benefits, or any other form of compensation and benefits that are allocable to a   particular employee  remains in the Company's sole and absolute discretion unless and until paid and may be  modified at the Company’s sole and absolute discretion,  consistent with applicable law. 

AbbVie is an equal opportunity employer and is committed to operating with integrity, driving innovation, transforming lives and serving our community.  Equal Opportunity Employer/Veterans/Disabled. 

US & Puerto Rico only - to learn more, visit https://www.abbvie.com/join-us/equal-employment-opportunity-employer.html

US & Puerto Rico applicants seeking a reasonable accommodation, click here to learn more:

https://www.abbvie.com/join-us/reasonable-accommodations.html

Skills Required

  • Bachelor's degree required
  • 3 or more years' experience in financial/analytical roles
  • Advanced knowledge of Microsoft Excel
  • Knowledge of SAP platforms and government pricing systems preferred
  • Familiarity with Medicaid programs and pricing regulations desired

AbbVie Compensation & Benefits Highlights

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

  • Retirement Support 401(k) contributions include a dollar-for-dollar match up to 6% plus an additional annual company contribution tied to age and service. Company-paid life insurance and other financial protections further strengthen long-term security.
  • Parental & Family Support Paid leave programs include up to 12 weeks at 100% for parental leave and separate paid caregiver leave, with eligibility after six months where noted. Adoption and surrogacy reimbursements and family-building resources add further support.
  • Healthcare Strength Health coverage begins on day one with medical, dental, vision, mental health, and prescription benefits, and preventive care covered at 100%. Options such as HSAs/FSAs and coverage for spouses/domestic partners and children up to age 26 broaden accessibility.

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The Company
HQ: Chicago, IL
50,000 Employees
Year Founded: 2013

What We Do

AbbVie is a global biopharmaceutical company focused on creating medicines and solutions that put impact first — for patients, communities, and our world. We aim to address complex health issues and enhance people's lives through our core therapeutic areas: immunology, oncology, neuroscience, eye care, aesthetics and other areas of unmet need.

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