Johnson & Johnson

Senior Analyst, Gov. Rebate Operations

Johnson & Johnson$79K — $127K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree required.
  • At least four years of business experience, with a focus on finance or operations.
  • Experience in Medicaid, finance, rebate management, or contract administration preferred.
  • Proven ability to influence peers and stakeholders effectively.
  • Strong analytical skills with experience handling large data sets.
  • Knowledge of SOPs and WIs essential.
  • Advanced proficiency in Microsoft Excel required.

Responsibilities

  • Manage base business activities and ensure compliance with SOPs.
  • Analyze invoice submissions and administer rebate payments for J&J.
  • Collaborate with operating company partners to ensure timely payments.
  • Ensure accuracy of payment packages and claims per Medicaid guidelines.
  • Train and onboard new team members as needed.
  • Identify areas for process improvement in operations.
  • Provide expertise in government rebates for acquisition initiatives.

Benefits

  • 401(k) retirement plan participation.
  • 120 hours vacation per year.
  • 13 days of holiday pay.
  • Parental leave of up to 480 hours for new parents.
  • 40 hours of personal and family time off.
  • Caregiver leave of 80 hours within a rolling 52-week period.
  • 32 hours of volunteer leave per calendar year.
Full Job Description
Job Function:
Sales Enablement

Job Sub Function:
Contract Administration and Management

Job Category:
Professional

All Job Posting Locations:
Raritan, New Jersey, United States of America

Job Description:

Senior Analyst, Government Rebate Operations (GRO)

Job Description:

Johnson & Johnson is currently seeking a Senior Analyst, Government Rebate Operations (GRO), to join our Enterprise Contract Management (ECM) team located in Raritan, NJ.

ECM is an organization under Johnson & Johnson Health Care Systems Inc. (JJHCS). JJHCS provides contracting, supply chain, business services, and strategic solutions to customers and commercial intermediaries of U.S.-based Johnson & Johnson companies, including hospital systems, health plans, distributors, wholesalers, purchasing organizations, government payer programs, and government healthcare institutions in the U.S. JJHCS also engages with customers to provide streamlined supply chain services for our products that seamlessly integrate with customer operations, address shared evolving market challenges to value-based care, and develop innovative solutions that improve patient care and access.

Acting on behalf of Johnson & Johnson pharmaceutical operating companies, the GRO team is responsible for ensuring efficient and compliant participation in base and supplemental Medicaid, Manufacturer Discount Program (MDP) and state pharmaceutical assistance rebate programs. The GRO team is relied upon to provide oversight on all issues relating to rebate analysis and payments, adjudication of such payments on a timely basis and resolution of any disputes on rebate claims. Additionally, GRO develops and implements agreed upon rebate policies and advises Johnson & Johnson pharmaceutical operating companies on strategic and operational issues pertinent to Federal and State rebate programs.

The selected candidate will:
  • Report to the Senior Manager, Government Rebate Operations, and manage base business activities within own sub-team structure, including review of work, ensuring accuracy, timeliness and alignment with guidance documents, Standard Operating Procedure (SOP) and Work Instructions (WI)
  • Analyze multiple types of invoice submissions and administer all rebate payments on behalf of Johnson & Johnson, including analyzing any State resubmissions and price changes, evaluating market and product trends
  • Work closely with Johnson & Johnson operating company partners to ensure accurate and timely payments as well as providing vital information in support of financial planning efforts
  • Ensure accuracy and completeness of payment packages, claim review, commentary and approval for all analyst payments, per the Medicaid Operational Guidelines
  • Assist in providing training and onboarding of new hires
  • Identify and implement process improvements to improve operational efficiency
  • Provide government rebate program expertise in support of acquisition and divestiture initiatives
  • Utilize various sources of data, State updates and industry knowledge to collectively integrate, evaluate and provide a critical analysis of data/trending
  • Develop and cultivate key business partnerships especially with States and third-party agencies
  • Stay fully informed of any new regulatory or government rule changes as it relates to States and Medicaid.


Qualifications
  • A minimum of bachelor's degree is required
  • A minimum of four (4) years overall business experience, along with demonstrated progressive responsibility in finance, business operations, administrative services, and analysis is required
  • Experience in Medicaid, Finance, Rebate Management, or Contract Administration is highly preferred
  • Demonstrated ability to influence peers, key stakeholders and decision makers using sound business rationale
  • Ability to understand and respond to customer (both internal and external) requests in a timely manner is required
  • Sound business knowledge and experience in relation to contracting and contract compliance processes is a significant plus
  • The ability to anticipate and communicate the upstream and downstream impacts of process or data changes and provide recommendations for improvement is required
  • Strong communication and interpersonal skills are required
  • Ability to work with large amounts of data is required
  • Knowledge and usage of SOPS and WIs is required
  • Experience with CORE (or relevant Medicaid contracting/rebate system), Model N and Hewlett Packard Enterprise - Content Manager (HPE) is a plus
  • Advanced knowledge in Microsoft Office applications (primarily Excel; pivot tables, vLookups, etc..) is required


Required Skills:

Preferred Skills:
Business Behavior, Coaching, Collaboration, Contract Management, Detail-Oriented, Document Management, Issue Escalation, Office Administration, Problem Solving, Regulatory Compliance, Relationship Building, Risk Assessments, Sales Enablement, Sales Support, Sales Terms and Conditions, Tender Management

The anticipated base pay range for this position is :
$79,000.00 - $127,650.00

Additional Description for Pay Transparency:
Subject to the terms of their respective plans, employees are eligible to participate in the Company's consolidated retirement plan (pension) and savings plan (401(k)).

This position is eligible to participate in the Company's long-term incentive program.

Subject to the terms of their respective policies and date of hire, employees are eligible for the following time off benefits:

Vacation -120 hours per calendar year

Sick time - 40 hours per calendar year; for employees who reside in the State of Colorado -48 hours per calendar year; for employees who reside in the State of Washington -56 hours per calendar year

Holiday pay, including Floating Holidays -13 days per calendar year

Work, Personal and Family Time - up to 40 hours per calendar year

Parental Leave - 480 hours within one year of the birth/adoption/foster care of a child

Bereavement Leave - 240 hours for an immediate family member: 40 hours for an extended family member per calendar year

Caregiver Leave - 80 hours in a 52-week rolling period10 days

Volunteer Leave - 32 hours per calendar year

Military Spouse Time-Off - 80 hours per calendar year

For additional general information on Company benefits, please go to: - https://www.careers.jnj.com/employee-benefits

About Johnson & Johnson

Scio Diamond creates single-crystal Type IIa diamonds for the jewelry market and for industrial applications. It employs a patent-protected chemical vapor deposition (CVD) process in a precisely controlled laboratory setting to produce diamonds. It was founded in 2009 and is headquartered in Greenville, South Carolina.

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Learn more about Johnson & Johnson
Size
141,700 employees
Market Cap
$462.7 billion
Industry
Net Income
$14.7 billion
Founded
1886
5 Year Trend
+5.5%
Revenue
$82.5 billion
NASDAQ

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