Associate Commercial Operations - Finance

Company Description

At Dr. Reddy's "Good Health Can't Wait" 
By joining Dr. Reddy’s, you will contribute to making the breakthroughs of tomorrow a reality today! From making medicines more affordable to discovering innovative treatment options to satisfy unmet medical needs, we are dedicated to helping people lead longer and healthier lives. We are seeking dynamic and energetic individuals ready to inspire, ready to make a difference for their community and every community. 

Diversity, Equity & Inclusion 
At Dr. Reddy’s, we are deeply committed to building a diverse, equitable and inclusive workplace where everyone belongs and is valued for their contributions to the team. We are most interested in finding the best candidate for the role and are open to exploring candidates with a less traditional background.

Job Description

Job Summary

We are seeking an Associate Commercial Operations to join our Finance team. You will be responsible for processing Medicaid Drug Rebates for 3 labeler codes including payment processing; an Administrator for SAPConcur T&E system; be responsible for submitting Open Payments and related Aggregate Spend data collection and reporting to states and Federal Government; company corporate card administrator; and responsible for periodic payment initiation/verification for front office activities.

The role will be based in Princeton, NJ (Hybrid) and report to Team Lead, Commercial Operations in Finance

Roles & Responsibilities

• Processing Medicaid Rebate Invoices – 3 Labeler codes
  o Manage Medicaid Rebate Invoice Processing including quarterly invoice processing through Vistex Medicaid, updating Medicaid agreements with new products, maintaining validation tolerances for disputes, updating T-bill rates in Vistex for interest calculations, updating state contact details in Vistex and SAP, etc.
  o Running reports in Vistex to ensure completeness and accuracy in invoice processing
  o Work with State Medicaid agencies to clear balances and disputes
  o Work with IT team to ensure automated Medicaid processes and systems are running smoothly.
  o Maintain quarterly trackers to ensure all invoices are processed timely.
  o Ensure all back up documents (ROSI/PQAS) and payment details are submitted to the states along with payments.
  o Quarterly Analysis and presentation to NAG Finance Head and GP Team.
  • Sunshine & Aggregate Spend Reporting:
  o Collect Data on Healthcare Professional Spend, Research Related Expenses, and Prescription Sample Distribution from internal and external sources.
  o Report Healthcare Professional Spend to Federal/State Governments with respect to Federal Sunshine Act and State laws.
  o Submit Open Payments for Dr. Reddy's Inc.
  • T&E and Corporate Card Administrator
  o Train new hires on Concur Travel/Expense System
  o Reviewing expense report exception through Concur Verify on a daily basis.
  o Update employee master in Concur. 
  o Work with company travel agents on the travel program including tracking and allocating unused airline tickets/credits before they expire; 
  o Quarterly audit of expense reports for policy compliance; 
  o Manage Corporate cards for employees

  • Accounts Payable - payments
  o Responsible for initiating or verifying urgent payments, transfers, debit filter release, and tax payment made through Company bank account by the front office team.
  • Work with Internal and External auditors on audit requirements on the above functions
  

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Qualifications

Preferred Educational qualification: B.S. in Accounting/Finance or related field (ie. Business Administration) or equivalent experience

Minimum work experience: 4 to 5 years of experience 

Skills & attributes:

• Exceptional oral and written communication skills
• Preferred SAP knowledge
• MS Office skills with Advance Excel skills

*Must be a U.S. citizen or lawful permanent resident of U.S. or otherwise authorized to work in the U.S. without requiring sponsorship now or in the future.

Additional Information

Our Work Culture

Ask any employee at Dr. Reddy’s why they come to work every day and they’ll say, because Good Health Can’t Wait. This is our credo as well as the guiding principle behind all our actions. We see healthcare solutions not only as scientific formulations, but as a means to help patients lead healthier lives, and we’re always attuned to the new and the next to empower people to stay fit. And to do this, we foster a culture of empathy and dynamism. People are at the core of our journey over the last few decades. They have been supported by an enabling environment that buoys individual ability while fostering teamwork and shared success. We believe that when people with diverse skills are bound together by a common purpose and value system, they can make magic.

Equal Opportunity Employer 

An Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, age, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against based on disability. 

For more details, please visit our career website at https://careers.drreddys.com/#!/