Strategic Pricing & Contract Analyst
Strategic Pricing & Contract Analyst
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Job Description
JOB DESCRIPTION:
Abbott is a global healthcare leader creating breakthrough science to improve peoples health. Were always looking towards the future anticipating changes in medical science and technology.
Working at Abbott
At Abbott you can do work that matters grow and learn care for yourself and family be your true self and live a full life. Youll also have access to:
Career development with an international company where you can grow the career you dream of.
Employees can qualify for free medical coverage in our Health Investment Plan (HIP) PPO medical plan in the next calendar year.
An excellent retirement savings plan with high employer contribution
Tuition reimbursement the Freedom 2 Save student debt program and FreeU education benefit - an affordable and convenient path to getting a bachelors degree.
A company recognized as a great place to work in dozens of countries around the world and named one of the most admired companies in the world by Fortune.
The Opportunity
Abbott is a global healthcare leader that helps people live more fully at all stages of life. Our portfolio of life-changing technologies spans the spectrum of healthcare with leading businesses and products in diagnostics medical devicesnutritionals and branded generic medicines. Our 114000 colleagues serve people in more than 160 years Abbotts medical device businesses have offered technologies that are faster more effective and less its glucose monitoring systems innovative therapies for treating heart disease or products that help people with chronic pain or movement disorders our medical device technologies are designed to help people live their lives better and healthier. Every day our technologies help more than 10000 people have healthier hearts improve quality of life for thousands of people living with chronic pain and movement disorders and liberate more than 500000 people with diabetes from routine fingersticks.
Our team in Austin TX is looking for a Strategic Pricing & Contract Analyst.Position will support the Structural Heart (SH) Business Unit.
Were seeking aStrategic Contract & Pricing Analystto join our team supporting theStructural Heart (SH)business unit. This role is heavily focused oncontract negotiation redlining and terms management working closely with Sales Legal and cross-functional teams to ensure contracts are structured to support business goals while minimizing risk. The ideal candidate must proactively research analyze and interpret data to produce substantiated recommendations and to work effectively in a high-pressure high-demand sales support environment.
What Youll Work On
Lead the negotiation of business terms and conditionswith external customers ensuring alignment with corporate policies and risk tolerance.
Review redline and revise contract language collaborating with Legal and other departments (e.g. IP Privacy Risk Finance) to ensure accuracy and compliance.
Owns contract creation from start to finish collaborative effort with sales team to define price needs analysis to determine financial impact execution of required internal review for price approval documentation of proper approval and final creation of outbound contract offering to end customer.
Proficient in the use of Word and PowerPoint. Demonstrated advanced skills in Excel as customized strategic analysis will need to be developed for deal modeling and customer facing analytics.
Assists with training field sales typically on a day-to-day deal-to-deal basis on tools policies and procedures and contractual terms.
Must be able to advise on appropriate structures from a business perspective and have a basic understanding from a legal perspective; as well as ensure there are resources and systems to support.
Support sales teams by advising on appropriate contract frameworks and negotiating strategies.
Pricing analysis P&L impact pricing strategy development and decision making.
Pricing and consignment contract development and execution.
Customer-service oriented mind frame and skill sets to support the SH sales teams and their price/contract needs while balancing needs of the corporation.
Ability to work in a time-sensitive environment and effectively prioritize multiple tasks is essential.
Coordinates the creation of price letters by Contract Analysts and verify price loads generated by Contract Analysts.
Work with legal department and negotiate business terms for non-standard contractual language.
Analyst also has a critical field support role.
Create ad hoc sales reports and/or analysis as needed.
Serve as a resource to the sales force when direction is needed on OEC and corporate policies and procedures regarding pricing and contracts.
EDUCATION AND EXPERIENCE YOULL BRING
Bachelors degree.
MBA preferred but not required.
6 years of related work experience with a knowledge of specified functional area or an equivalent combination of education and work experience.
Excel and Word expertise required.
Contracting experience and/or pricing experience preferred.
Learn more about our health and wellness benefits which provide the security to help you and your family live full lives:
Follow your career aspirations to Abbott for diverse opportunities with a company that can help you build your future and live your best life. Abbott is an Equal Opportunity Employer committed to employee diversity.
Connect with us at on Facebook at on Twitter @AbbottNews and @AbbottGlobal
The base pay for this position is
$75300.00 $150700.00In specific locations the pay range may vary from the range posted.
JOB FAMILY:
Sales Support & Administration
DIVISION:
MD Medical Devices
LOCATION:
United States > Austin : 8701 Bee Caves Rd
ADDITIONAL LOCATIONS:
WORK SHIFT:
Standard
TRAVEL:
Yes 5 % of the Time
MEDICAL SURVEILLANCE:
Not Applicable
SIGNIFICANT WORK ACTIVITIES:
Continuous sitting for prolonged periods (more than 2 consecutive hours in an 8 hour day) Keyboard use (greater or equal to 50% of the workday)Abbott is an Equal Opportunity Employer of Minorities/Women/Individuals with Disabilities/Protected Veterans.
EEO is the Law link - English: EEO is the Law link - Espanol: Experience:
IC
Employment Type
Full-Time
Key Skills
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