Sr. Financial Analyst (Gross-to-Net / Rebate Focus)
Bioventus · Durham, NC · 3 wk ago
HybridFinanceFull-time
Rebate Operations & Execution
- Support the Rebate Manager with the end-to-end rebate process, including invoice intake, validation, approval, payment tracking, and reporting, while ensuring accuracy and timeliness.
- Review and interpret rebate contracts to translate terms into appropriate calculations, accruals, and validation methodologies.
- Serve as a primary point of contact for rebate-related inquiries, coordinating across internal and external stakeholders to resolve issues and disputes efficiently.
- Monitor the rebate invoice pipeline and payment terms, proactively identifying and escalating risks or gaps, and perform detailed quantitative and qualitative analysis to validate invoices and ensure payment accuracy.
Gross-to-Net Accounting
- Perform and support month-end close activities related to rebates, including accrual preparation, journal entries, and account reconciliations, while partnering with Accounting to ensure accurate gross-to-net revenue reporting in accordance with US GAAP.
- Analyze trends in rebates, accruals, and payments to provide meaningful insights that support forecasting and financial decision-making.
Internal Controls & SOX Compliance
- Ensure rebate processes and accounting entries are well-documented, controlled, and audit-ready in alignment with SOX 404(b).
- Review key journal entries and reconciliations for completeness and accuracy, maintaining strong internal controls, and support internal and external audits by providing timely documentation and analysis.
Process Improvement & Automation
- Identify opportunities to improve efficiency, standardize processes, and enhance automation within rebate and gross-to-net workflows.
- Support data quality initiatives and system enhancements to improve reporting accuracy, scalability, and overall process effectiveness.
Financial Analysis & Business Partnership
- Collaborate with Sales, Finance, and leadership to assess new and existing rebate programs, identifying financial impacts and risks.
- Provide variance analysis, reporting, and actionable insights on rebate activity and key gross-to-net drivers, while supporting budgeting and forecasting processes related to rebate expense and gross-to-net assumptions.
Broader Accounting & “Utility Player” Evolution
- As processes mature, expand responsibilities to support broader, general accounting and finance functions, including compensation accounting, other accruals, and cross-functional financial analysis and reporting.
- Partner across the accounting organization to provide analytical support and bandwidth for critical initiatives and ad hoc projects.