Abbott is a global healthcare leader that helps people live more fully at all stages of life. Our portfolio of life-changing technologies spans the spectrum of healthcare, with leading businesses and products in diagnostics, medical devices, nutritionals and branded generic medicines. Our 122,000 colleagues serve people in more than 160 countries.
JOB DESCRIPTION:
Job Description
Abbott is a global healthcare leader, creating breakthrough science to improve people’s health. We’re always looking towards the future, anticipating changes in medical science and technology.
Working at Abbott
At Abbott, you can do work that matters, grow, and learn, care for yourself and family, be your true self and live a full life. You’ll also have access to:
- Career development with an international company where you can grow the career you dream of.
- Employees can qualify for free medical coverage in our Health Investment Plan (HIP) PPO medical plan in the next calendar year.
- An excellent retirement savings plan with high employer contribution
- Tuition reimbursement, the Freedom 2 Save student debt program and FreeU education benefit - an affordable and convenient path to getting a bachelor’s degree.
- A company recognized as a great place to work in dozens of countries around the world and named one of the most admired companies in the world by Fortune.
The Opportunity
Abbott is a global healthcare leader that helps people live more fully at all stages of life. Our portfolio of life-changing technologies spans the spectrum of healthcare, with leading businesses and products in diagnostics, medical devices, nutritionals and branded generic medicines. Our 114,000 colleagues serve people in more than 160 countries. For years, Abbott's medical device businesses have offered technologies that are faster, more effective, and less invasive. Whether it's glucose monitoring systems, innovative therapies for treating heart disease, or products that help people with chronic pain or movement disorders, our medical device technologies are designed to help people live their lives better and healthier. Every day, our technologies help more than 10,000 people have healthier hearts, improve quality of life for thousands of people living with chronic pain and movement disorders, and liberate more than 500,000 people with diabetes from routine fingersticks.
Our team in Austin, TX (or Alpharetta, GA) is looking for a Lead Analyst, Rebates and Compliance.
This is a fully onsite role.
The Rebate Analyst is responsible for administering customer rebate and fee programs throughout the contract lifecycle, ensuring accurate, timely payments and compliance with contractual requirements and internal controls. The role serves as a key liaison among Sales, Finance, Accounting, Contracting, and customers by analyzing complex data, managing contract performance, and providing reporting and insights that support revenue growth, customer satisfaction, and financial accuracy.
What You’ll Work On
- Discount Allocation Reporting and NTAP/TPT Support: Manage discount allocation reporting for bundled sales arrangements involving NTAP/TPT eligible products (a specialized, highly-complex task that adds another layer of responsibility beyond rebates and compliance), combining ownership of both disciplines while adding responsibility for discount allocation reporting, while serving as a recognized subject matter expert across multiple functional areas and an escalation point for the most complex rebate, compliance and contract performance issues; Analyze pricing structures, bundled arrangements, and discount methodologies to ensure reporting accuracy and support reimbursement requirements; Develop, maintain, and document allocation models, reporting tools, methodologies, and audit trail's
- Contract Performance Program Management: Own the administration of the most complex customer rebate, administrative fee, and commitment-based contract programs from contract execution through expiration, financial risk management, contract performance oversight, advanced financial modeling, and strategic business consultation.
- Compliance Oversight and Risk Management: Manage and monitor compliance requirements associated with commitment based agreements and commercial programs.
- Customer and Cross-Functional Relationship Management
- Analyze New Business Strategies that impact Discount Allocation Reporting & Offer Solutions: includes a strong understandingof applicable corporate policies and healthcare industry compliance requirements, including USP&P, Anti-Kickback Statute,Discount Safe Harbor provisions, AdvaMed guidelines, and New Technology Add On Payments
- Mentor and Guide Sr Rebate Analysts & Compliance Analysts.
EDUCATION AND EXPERIENCE YOU’LL BRING
- Bachelors Degree
- Minimum 7 years - In business, finance, accounting, legal, rebates, compliance or strategic pricing and contracting is required
- Strong preference for minimum of 1 year of experience in compliance or rebate processing.
- Knowledge of healthcare compliance regulations including AdvaMed Code, USP&P, Anti-Kickback Statute, Discount Safe Harbor guidance and New Technology Add-On Payments(NTAP)
- Excellent communications skills with attention to detail, ability to work under pressure, ability to work with general supervision, must be autonomous.
- Leadership, problem solving, and negotiation skills.
- Strong analytical, strategic and problem solving skills required.
- Knowledge of contract terms and conditions.
- High level data analytic skills to build customized analytics based on need.
- Working knowledge of CLM/BO systems.
- Strong quantitative & qualitative analysis skills, including experience working with large data sets.
- Ability to work seamlessly with remote sites & business partners including building relationship with Sales personnel and build rapport with diverse personalities.
- Ability to manage multiple projects simultaneously.
- Must have well-honed sense of urgency and ability to work under pressure.
- Customer-service oriented mind frame and skill sets.
- Proficient in the use of Microsoft Office: Word, PowerPoint and advanced skills in Excel.
Apply Now
Learn more about our health and wellness benefits, which provide the security to help you and your family live full lives: www.abbottbenefits.com
Follow your career aspirations to Abbott for diverse opportunities with a company that can help you build your future and live your best life. Abbott is an Equal Opportunity Employer, committed to employee diversity.
Connect with us at www.abbott.com, on Facebook at www.facebook.com/Abbottand on Twitter @AbbottNews and @AbbottGlobal
The base pay for this position is
$86,700.00 – $173,300.00
In specific locations, the pay range may vary from the range posted.
JOB FAMILY:
Sales Support & Administration
DIVISION:
MD Medical Devices
LOCATION:
United States > Austin : 8701 Bee Caves Rd
ADDITIONAL LOCATIONS:
United States > Alpharetta : 3650 Mansell Road
WORK SHIFT:
Standard
TRAVEL:
Not specified
MEDICAL SURVEILLANCE:
Not Applicable
SIGNIFICANT WORK ACTIVITIES:
Continuous sitting for prolonged periods (more than 2 consecutive hours in an 8 hour day), Keyboard use (greater or equal to 50% of the workday)
Abbott is an Equal Opportunity Employer of Minorities/Women/Individuals with Disabilities/Protected Veterans.
EEO is the Law link - English: http://webstorage.abbott.com/common/External/EEO_English.pdf
EEO is the Law link - Espanol: http://webstorage.abbott.com/common/External/EEO_Spanish.pdf
