Job title: Revenue Finance Analyst

• Location: Bogotá, Colombia

About the job

Sanofi Business Operations-Global Medical services is an internal Sanofi resource organization based and is setup to centralize processes and activities to support Specialty Care, Vaccines, General Medicines, CHC, CMO, and R&D, Data & Digital functions. SBO Medical services team strives to be a strategic and functional partner for tactical deliveries to Medical, HEVA, and Commercial organizations in Sanofi, globally.

Sanofi Bogota Hub was established and joined the Sanofi Global Services Hub Network in 2022 to support Sanofi Americas region with best-in-class finance and human resources services with the addition of transversal expertise to manage complex projects and changes, as well as build continuous improvement, automation, and process enhancements. Our continuously growing team of talented Sanofians is developing and innovating to enhance Sanofi's services and contribute to the mission of chasing the miracles of science.

The Revenue Finance Analyst is responsible for contract management for various markets including Commercial Contracts, Medicare Part D and Managed Medicaid. This position will support National Pharmaceutical Benefit Manager (PBM) customers. Responsibilities include timely and accurate loading of contracts and amendments, eligibility, and adjudicating payments in accordance with contracted terms and conditions across Sanofi's pharmaceutical portfolio in multiple systems including ECP (Electronic Claims Processor) and Revenue Manager (Model N administration system). This position will analyze and pay rebates based on contract language, formulary placement and utilization management policies. The candidate will have a fundamental understanding of contract strategies, markets and Sanofi products and will prepare invoice payment results providing insights and feedback on trends and issues. The Specialist will work in close cooperation with Managed Care Operations colleagues and counterparts in Contract Development, the Account team, Legal, Pricing & Analytics and Digital.

Main responsibilities:

• Manage all aspects of contracts of the assigned PBM/payor including fully understanding the terms and conditions to appropriately set up contracts, update systems for contract amendments and adjudicate claims accurately. Illustrate deep understanding of the contract and be able to effectively interpret and analyze key components of the contract.
• Analyze rebate payments utilizing reporting tools and third-party data sources illustrate rebates trends. Robust understanding and analysis of variances between invoice vs. actual payment; current period payment vs. prior periods payment. Provide meaningful, concise trending and variance commentary to Senior Management as needed.
• Review and analyze product formulary placement and utilization management (UM) policy to ensure appropriate contract tier placement and rebate payment.
• Track the savings from formulary and UM review in Appian.
• Ensure accuracy of system validations including 340B.
• Analyze contract exceptions for interpretation in the system(s) for accuracy of calculations/process compliance.
• Ensure all payments are fully compliant with the terms of the contract.
• Verify that all product and eligible members comply with contract requirements.
• Cross functional communication with Contract Development and Account teams, ensuring understanding and awareness of customer issues.
• Have quarterly business review with Contract Development and Account teams.
• Involved in contract terms discussion with Contract Development and Legal during the contract negotiation.
• Support internal teams with their ad hoc requests.
• Extensive interaction with both external customers and key internal stakeholders to resolve any issues related to the account.
• Provide accurate 3 month rolling Cash Flow forecast for customers.
• Support internal and external audits.
• Participate in ad hoc projects.

About you

• Experience: 4+ years of work experience.
• Financial experience preferred, able to forecast cash flow
• Model N experience preferred (revenue management system)
• CPA certified or financial audit experience will be a significant plus.
• Soft skills: Deep analytical skills and ability to dissect the intricate reasons of rebate trends and variances.
• Strong oral and written communication skills and ability to clearly communicate the complicated analysis to the business parties.
• Independent problem solving and leadership skills in managing the account.
• Proactive
• Professional manner and tact.
• Organized, accurate and detail oriented, disciplined and dedicated to superior quality work.
• Strong sense of commitment and teamwork.
• Ability to work independently and proactively.
• Ability to multi-task and meet established deadlines.
• Technical skills:
• Proficient in Microsoft Office Tools.
• Strong Excel skills required.
• Education: Bachelor's Degree is required, with a Finance or Business concentration preferred.
• Languages: Business fluent in English, both written and spoken.

Why choose us?

Add four standard Sanofi selling points and up to three additional selling points that are specific to the role, team or location.

• Bring the miracles of science to life alongside a supportive, future-focused team
• Discover endless opportunities to grow your talent and drive your career, whether it's through a promotion or lateral move, at home or internationally
• Enjoy a thoughtful, well-crafted rewards package that recognizes your contribution and amplifies your impact.}
• Take good care of yourself and your family, with a wide range of health and wellbeing benefits including high-quality healthcare, prevention, and wellness programs and at least 14 weeks' gender-neutral parental leave

Pursue Progress. Discover Extraordinary.

Progress doesn't happen without people - people from different backgrounds, in different locations, doing different roles, all united by one thing: a desire to make miracles happen. You can be one of those people. Chasing change, embracing new ideas and exploring all the opportunities we have to offer. Let's pursue progress. And let's discover extraordinary together.

At Sanofi, we provide equal opportunities to all regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, or gender identity.

Watch our ALL IN video and check out our Diversity Equity and Inclusion actions at sanofi.com!

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