Supply Chain Payment Specialist
Sentara Health
Summary
Serves as a Subject Matter Expert (SME) in rebate processing, payment assurance functions and financial leakage program. Recording, reconciling, and reporting transactions and balances related to rebates and/or payment recovery efforts. Verifies complex calculations of rebate amounts due based on contract language, reconciling source documentation, working with Supply Chain Sourcing Managers to verify and research any discrepancies. Identify, analyze, research, and resolve rebate or payment assurance issues. Prepare presentations, create relevant work papers, identify issues related to assigned areas and communicate well with various departments with staff at various levels. Provides financial, analytical, and business management support for the Supply Chain Director of Finance and/or Supply Chain Senior Management.
Job description
- Verifies complex calculations of rebate amounts due based on contract language, reconciling source documentation, working with Supply Chain Sourcing Managers to verify and research any discrepancies.
- Review and comprehend factors indicating payment assurance in relation to Supply Chain functions.
- Audits compliance support related to rebates and payment assurance and financial leakage.
- Provides analytical support for the Supply Chain Director of Finance and/or Supply Chain Senior Management.
- Ability to review payment or rebate transactions and identify issues related to Supply Chain functions.
- Assists in the process of analysis and redesign of current operational procedures.
- Research, read and understand rebate related sections of contracts and apply to rebate transactions.
- Prepare, analyze, research and report on assigned areas.
- Prepare presentations and for Supply Chain leadership summarizing operational/financial results and trends.
- Create relevant work papers, schedules, dashboards, and reconciliations.
- Works closely with Sentara colleagues in different departments across the system.
- Establish a system to capture and report key metrics for assigned areas of responsibility.
- Demonstrates understanding of accounting and account reconciliation.
- Assist in the process of analysis and redesign of current operational procedures as needed.
- Ability to communicate financial information related to rebates and payment assurance program.
- Ability to determine next steps to follow until the related issue is resolved.
- Provides support for internal and external regulatory and reporting requirements.
- Assist with ad hoc financial analysis.
- Gather and analyze data in support of projects assigned and proposed solutions; assists with special analysis and projects as requested.
Hybrid schedule, Sentara Park (Virginia Beach). Potential Remote opportunity will be considered for strong candidates.
Requirements
- Bachelor Level Degree Required
- 5 years related experience/business acumen
- Strong Independent worker
- Analytical support for supply chain
- Understanding of contracts, application of rebate transactions
- Creative Thinker
- Strong attention to detail
- Excellent written and verbal skills
Benefits
- Medical, Dental & Vision
- Adoption, Fertility & Surrogacy Reimbursement
- Paid Time Off & Sick Leave
- Paid Parental & Family Caregiver Leave
- Emergency Backup Care
- Long-Term & Short-Term Disability
- Critical Illness Plans
- Life Insurance
- 401(k)/403(b) Matching
- Tuition Assistance
- Student Debt Pay Down
- Pet Insurance
- Legal Resources Plan
- Annual Discretionary Bonus
Company overview
Sentara Health is a leading not-for-profit integrated healthcare delivery system serving Virginia, northeastern North Carolina, and Florida. Founded in 1888 and headquartered in Hampton Roads, Virginia, Sentara operates 12 acute care hospitals across its service area, with 10 hospitals holding prestigious Magnet® recognition for nursing excellence. The organization employs approximately 34,000 healthcare professionals and serves over 1 million health plan members through its Sentara Health Plans division. As one of the top 20 largest not-for-profit integrated health systems in the United States, Sentara is nationally recognized for clinical quality, safety, and innovation. The system has received numerous accolades including Health Quality Innovator of the Year (2024), Forbes' "America's Best-In-State Employer" (2024), and inclusion in IBM Watson Health's "Top 15 Health Systems." Sentara's comprehensive services span hospital care, outpatient facilities, home health, hospice services, and specialized programs like the Nightingale air ambulance service, which has completed over 20,000 missions since 1982.