Pharmacy Inventory and Finance Specialist

Job ID: A25-122Location: AlpenaAbout Our Family:Established in 1978, Alcona Health Center (AHC) is a non-profit, Federally Qualified Health Center dedicated to making a lasting impact in the Northern MI communities we serve, offering medical, behavioral health, dental and pharmacy services. As a member of the AHC family, you will join a team of over 300 coworkers, all devoted to providing quality health care to all residents of our communities, regardless of their ability to pay.Your Valued Contributions:The 340B Inventory and Financial Specialist is responsible for ensuring compliance with the Federal 340B Drug Pricing Program while managing financial aspects such as inventory control, rebate reconciliation, and profitability analysis. This role combines regulatory oversight with financial expertise to maintain program integrity, inventory management, optimize savings, and support audit readiness. Compliance and Regulatory OversightThis role may be asked to work with and concomitantly with our Compliance Analysts to assist with their role (see 340B Compliance Analyst job description for additional details).Monitor adherence to HRSA/OPA guidelines and Medicaid requirements to prevent duplicate discounts and diversion.Conduct routine self-audits and monthly compliance checks for all 340B-eligible locations and contract pharmacies.Prepare for and coordinate external audits, ensuring continuous audit readiness.Verify patient, provider, and drug eligibility across mixed-use areas and clinicsData Management and ReportManage the accumulation of 340B eligible transactions and coordinate the submission and tracking of manufacturer rebate claims.Assist with data submission through various manufacturer-initiated platformsFinancial Reconciliation:Perform regular audits and reconciliation of pharmacy billing and purchasing records to ensure the accuracy of all 340B related claims and payments. This includes resolving discrepancies with third-party payers, vendors, and the finance department.Oversee the complete invoice lifecycle for pharmaceuticals, ensuring accurate processing, authorization for payment and record-keeping for all 340B, GPO, and WAC purchasesCollaborate with the finance department to track outstanding liabilities and implement strategies to reduce financial exposure of the pharmacy department.Inventory ManagementOversee inventory replenishment and reconciliation for 340B and non-340B accounts.Ensure accurate capture of drug charges and purchasing eligibility based on utilization.Develop systems to track inventory trends and identify potential compliance risks.Physical Inventory: Coordinate and assist with monthly cycle count and the annual physical inventory process, reconciling physical counts with digital records.Contract Pharmacy Accumulation: Review pharmacy transaction data to ensure accurate accumulation of eligible claims and confirming the correct application of 340b Pricing and utilizationDiscrepance resolution: Investigate and resolve all reconciliation discrepancies, including working with internal pharmacy staff, the finance department, contract pharmacy personnel and TPA representatives to correct billing errors or dada misalignments.Acts as pharmacy resource for the health center.Acts as a Point of Contact, as well as, establish and maintain effective working relationships with Nursing, Pharmacy, Medical, and ancillary staff.Work with operations to be a SME (subject matter expert) who understands the specific needs of designated pharmacies.Assists inpatient education, business development and general operation of the pharmacy.Assists the pharmacist with filling prescriptions.Required Training & Experience:Possesses a current Basic Cardiac Life Support (BCLS) CPRPossesses a current State of Michigan driver’s license and valid automobile insurance.Preferably (but not required) possesses a current License as a Pharmacy Technician.Proficient with Microsoft Office suite of products.Effectively use the pharmacy software system.We’re Here For You:Supporting Balance: As a part of our family, you will work full time. Numerous holidays, generous vacation time and sick days are also offered.Supporting Your Health: Low deductible Medical, Rx, Vision & Dental insurance at a minimal cost for employees.Supporting Your Future: Retirement Savings Plan, FSA, Life, AD&D, & Short/Long Term Disability Insurance.Supporting Your Education: Continuing Education Assistance program. Employment with AHC may also qualify you for student loan forgiveness under the Public Service Loan Forgiveness program.Ready To Get Started?Resumes and cover letters are accepted and welcomed in addition to your completed application.Questions can be sent to pschaedig@alconahc.orgFighting Against Discrimination:Alcona Health Center is an Equal Opportunity Employer and Prohibits Discrimination and Harassment of Any Kind: Alcona Health Center is committed to the principle of equal employment opportunity for all employees and to providing employees with a work environment free of discrimination and harassment. All employment decisions at Alcona Health Center are based on business needs, job requirements and individual qualifications, without regard to race, color, religion or belief, national, social or ethnic origin, sex (including pregnancy, sexual orientation, and transgender status), age, physical, mental or sensory disability, HIV Status, marital, civil union or domestic partnership status, past or present military service, family medical history or genetic information, family or parental status, or any other status protected by the laws or regulations in the locations where we operate. Alcona Health Center will not tolerate discrimination or harassment based on any of these characteristics. Alcona Health Center encourages applicants of all ages.Upon request auxiliary aids and services will be made available to individuals with disabilities. Michigan Relay Center “Voice and TTY/TDD” 1-800-649-3777. An EOE.