Rebate Analyst

Rebate Analyst

About iNova

iNova is a different kind of health company. We are leading the way to better health by delivering innovative, patient-centric products that improve the lives of people around the world. Our diverse portfolio of iconic, market-leading consumer health brands and prescription medicines are backed by science and distributed in over 75 markets across Asia, Australia, New Zealand, Middle East & Africa and Europe. Experience the iNova difference today.

We offer an award winning culture and industry leading benefits that are real, meaningful and reflect the realities of the modern and diverse lifestyles of our employees including: 

Real flexibility including hybrid and flexible working and 4 days additional leave.

Health and wellness initiatives to support employees physical, mental and social health.

Investment and focus on continuous learning and development for all employees.

Modern and central office environment with outcomes-based, agile ways of working.

A thriving rewards and recognition program.

The Opportunity 

We have a 9‑month Fixed Term Contract opportunity for a Rebate Analyst to join our ANZ Finance team. The Rebate Analyst role will be responsible for the overall administration of rebate payments to iNova customers. This includes calculating and validating the rebate payments, coordinating credits/payments, obtaining approvals, as well as providing management summary level reporting and reconciliation with strong controls, clear audit trails, and insight for Gross-to-Net forecasting. Facilitate audit queries of the rebates and submission of the various usage reports. 

Key accountabilities include:

Trade Spend Accruals 

Preparation of Trade spend accrual reporting for Product Placement, Co-op and Rebates monthly/quarterly across all BU’s

Prepare various schedules and analyses required to determine trade spend accruals required

Effective financial management of the rebate process including required accruals and accurate, timely reporting of data internally and externally

Accruals are reviewed and prepared on a timely and accurate basis 

Rebates Administration 

Review, interpret and replicate terms and conditions of Contracts into the rebate administration processing system (SAP)

Process rebate payments – review and analyze rebate reports and liaise with the business managers to ensure that the conditions are met

Timely reconciliation and settled all rebates agreement, maintain a clean ageing and auditable documentation 

Trade Spend Management 

Work with National/Key Account Manager and Field Sales to ensure all trade spend is accurately and timely reported

Work with Accounting & Finance to ensure reporting alignment

Monitor all trade spend prior period adjustments

Identify and report variances to trade spend budget and forecasts 

Data Management 

Review of data feeds between various internal and external systems (Wholesalers reports, SAP) for data integrity and accuracy

Maintain contract master data (products, rates, effective dates) and implement amendments to reflect the current agreement

Troubleshoot and resolve when necessary 

Reporting & Audits

Prepare various ad hoc reports requested by Business Units and partners related to trade spend

Provide data and analytical support for Gross-to-Net true-ups on a quarterly basis

Produce rebate reports and trend analysis at the brand and customer level

Compile, review and distribute claim materials for Participations for all audit requests and facilitate audit queries of the rebates 

About You 

To be successful in this role you will possess. 

 Accounting degree or equivalent work experience (Essential)

Minimum 3 years experience in financial analysis or relevant experience (Essential)

Trade Spend/Rebates Management in Consumer Health or FMCG experience (Essential)

PC Skills (MS Word, Excel, PowerPoint, Access, Business Objects) – Intermediate to Advanced Excel skills required.

SAP (Essential), SAP BI (Desirable)

Strong Analytical Skills

Proven time management skills

Adherence to deadlines

Proven strength in working well with various stakeholders

Problem solving and follow through 

Diversity and Inclusion
iNova is an Equal Opportunity employer. We are committed to providing an inclusive workplace culture that values diversity and inclusion, where all our employees are recognised for their unique qualities, ideas and perspectives. We want our employees to reach their full potential, and we are always looking for aspirational people who are motivated to join us on our journey.

How to Apply
If you wish to be part of a passionate team within our thriving organisation, focused on bringing innovative products to market, please APPLY TODAY! We want you to join us in our pursuit of healthy living!

It is iNova’s policy not to accept speculative resumes from Agencies unless the role has been released directly to the agency. If we require your assistance on any roles, we will contact you at the time.