Abbott

Senior Analyst, Rebate Administration

Abbott • $78K — $156K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree or equivalent experience
  • Minimum 5 years in business, financial, or strategic pricing and contracting
  • Proficient in mathematical modeling and data analysis
  • Strong project management and communication skills
  • Customer-service oriented with attention to detail
  • Advanced proficiency in Microsoft Excel, Access, and Word
  • Excellent analytical and problem-solving abilities

Responsibilities

  • Administer rebate and fee programs from execution to expiration
  • Process rebates and fees, ensuring timely and accurate payments
  • Build mathematical models to track contract performance
  • Provide updates to various stakeholders, including customers and internal teams
  • Manage communication regarding contractual obligations with internal and external customers
  • Act as a subject matter expert for hospitals and purchasing organizations
  • Solve complex problems using sound business judgment
  • Prepare reports and analyses for management

Benefits

  • Health and wellness benefits for you and your family
  • Diverse career opportunities within the company
  • Support for personal and professional growth
  • Access to a comprehensive benefits package
Full Job Description

Job Description


The Opportunity


Our team in Austin, TX (or Alpharetta, GA) is looking for a Senior Analyst, Rebate Administration


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

  • Owns rebate and fee administration from point of full execution to expiration – collaborates with contract authors and sales team and performs complicated calculations, obtains appropriate approvals, and ensures timely posting and delivery of payment to customers.
  • Processes rebates and fees, coordinating with cross-functional groups to ensure customers are paid accurately and on-time. Works within audit guidelines for contract approval and contract creation.
  • Builds mathematical models & tools to determine payout amounts and track contract performance.
  • Provides formal and informal written and verbal updates to Customers, Sales, Contract Operations Management, Accounting, Finance, Commercial Legal and other cross-functional groups.
  • Manages communication and awareness of contractual obligations with all levels of internal and external customers to include sales reps and hospital representatives.
  • Serves as a subject matter expert and primary contact for hospitals, hospital systems and group purchasing organizations within assigned geography for their rebate and admin fee related questions.
  • Solves complex problems, exercising sound business judgment to make recommendations based on the analysis of multiple sources of information.
  • Provides reports and analysis to department and senior management as requested.
  • Follows all management approved processes and procedures; alerts management when circumstances require deviation to the approved processes and procedures.

EDUCATION AND EXPERIENCE YOU’LL BRING


  • Bachelors Degree OR An equivalent combination of education and work experience
  • Minimum 5 years Experience in business, financial, or strategic pricing and contracting is required
  • Knowledge of mathematical modeling and demonstrated ability to quickly identify relevant details while working with large date sets.
  • Demonstrated ability to manage multiple projects simultaneously, deal with unresolved issues, and effectively communicate and maintain rapport with all levels of personnel within Abbott Med Device organization.
  • Customer-service oriented mind frame and skill sets to support the field sales team, Finance, and Accounting teams and their needs.
  • Must be very well-organized, keenly attentive to detail, and proactive to quickly anticipate and prevent, and identify and remedy questions and issues before or when they arise.
  • Advanced proficiency in Microsoft products including Excel, Access and Word, as well as experience using Business Objects or similar reporting systems.
  • Excellent verbal and written communications skills with attention to detail and ability to work with general supervision.
  • Strong analytical, strategic, and problem-solving skills required.
  • Must have well-honed sense of urgency and ability to work under pressure. This includes the ability to multitask and manage competing priorities.



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.

     

The base pay for this position is

$78,000.00 – $156,000.00

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)

     

About Abbott

Abbott Careers

Joining Abbott means becoming part of a globally diverse team dedicated to making a lasting impact on human health. As a leader in healthcare innovation, Abbott provides a dynamic workplace where careers flourish through growth, leadership, and diversity training.

Opportunities at Abbott

Explore a world of opportunities with our team. Whether you're seeking job opportunities in engineering, marketing, research, or healthcare, Abbott offers a variety of positions that allow professionals to grow their careers. Our commitment to diversity and innovation is evident in every aspect of our work, fostering an inclusive culture that values each team member's contribution.

Work You'll Do

At Abbott, every role contributes to our mission of helping people live fuller lives through better health. From groundbreaking research in medical devices to advancements in pharmaceuticals, our team is at the forefront of healthcare innovation. By joining Abbott, you are not just accepting a job; you are embarking on a path of professional and personal growth.

Internship Programs

Kickstart your career with an Abbott internship. Our programs provide invaluable industry experience and a chance to develop essential skills in a real-world setting. Interns at Abbott work on projects that matter, gaining the experience and knowledge necessary to succeed in their future careers.

Professional Development

Abbott is dedicated to the continuous professional development of its employees. With access to cutting-edge technology, leadership programs, and diversity training, our team members are equipped to lead and innovate within the healthcare industry. We support your career journey with robust training programs, mentorship, and opportunities for networking and professional growth.

Benefits and Culture

Our employees enjoy comprehensive benefits designed to support their life and well-being. From health insurance to retirement plans, we ensure our team has everything they need to thrive. Abbott's culture is built on a foundation of respect and integrity, united by a shared commitment to improving health outcomes.

Join Our Team

Discover the impact you can make with a career at Abbott. We are hiring individuals who are passionate, curious, and driven to lead. Search open positions that match your skills and interests on our Jobs page. Prepare your resume, sharpen your interview skills, and get ready to join a team that's at the cutting edge of healthcare solutions.

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Explore Abbott

With a commitment to improving life through innovation, leadership, and diversity, Abbott is a place where you can fulfill your potential. See what exciting and rewarding opportunities await at Abbott by exploring our career opportunities today.

SEARCH ABBOTT JOBS

Join us in our mission to make the world a healthier place through innovation, leadership, and diversity. Your journey to a fulfilling career at Abbott starts here.
Learn more about Abbott
Size
113,000 employees
Market Cap
$189 billion
Industry
Net Income
$4.4 billion
Founded
1944
5 Year Trend
+15.6%
Revenue
$34.6 billion
NASDAQ

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