Equipment Finance Arrangements & Contracts Analyst - Head Office

at  Alcon

Equipment Finance Arrangements & Contracts Analyst - Head Office
At Alcon, we are driven by the meaningful work we do to help people see brilliantly. We innovate boldly, champion progress, and act with speed as the global leader in eye care. Here, you’ll be recognized for your commitment and contributions and see your career like never before. Together, we go above and beyond to make an impact in the lives of our patients and customers.

In their capacity of EFA & Contracts Analyst, this associate will support the Surgical franchise in managing their portfolio of EFAs and ensuring that new deals are fully compliant with divisional requirements while assisting with remediation and validation of legacy EFAs. In their capacity of Contracts Analyst, the associate will own the process of tracking and monitoring the pricing contract review & renewal process for each customer aiming to maximize revenue & margin whilst securing business.

EFA Duties

• Tracking and reporting of all Equipment Financing Arrangements (which incorporates variable instalments; fixed Instalments; operating leases (rentals) and finance leases).
• Completion of monthly-consumable pull-through report (EFA compliance report)
• Monthly report to assess pull-through v normal sales to assess correct linkage of all consumables to the EFA contracts (i.e., to pick up if a revised custom pak is not linking for example)
• Assessment of balances vs. LTAR
• Tracker of open vs. closed contracts (review of open contracts)
• Development and distribution of monthly reports to the Account Managers to show the status and compliance rate (tracking) of each of the EFAs on their patch
• Completion and submission of the EFA KPI report as per Region deadlines
• Tracking and execution of compliance billing for eligible EFAs: ensuring they are completed at the correct frequency and date range since inception of the EFA. This is to be done via the development and monthly completion of a compliance billing tracker.
• Work with Customer Services, FRA and I2C on any required EFA correc tions (EFA debits and credits and compliance bills)
• Assist in the collecting of evidence required for EFA-related AFCM controls (sample invoices etc.)
• Distribution of customer EFA statements in a timely and accurate manner (ensuring balances correlate with the LTAR)
• Key stakeholder in EFA closure process:
• Liaise with MasterData to instruct the completion (and subsequent closure) of the EFA contract
• Liaise with the Surgical Pricing team as well as the relevant Account Managers/RSMs to ensure correct consumable prices are charged after the EFA is closed and during the completion period
• Compiling and sending of the Title Transfer letter when and EFA is closed
• Maintenance of data held within SAP/BI which will ultimately result in the UK affiliate being able to utilise the system more for automated reporting (i.e., customer statements and compliance reports pulled straight from the system)
• Delivering enhanced and integrated reporting for EFAs via IRIS/ BI

Contracts Analyst Duties

• Own the process of tracking and monitoring the pricing contract review & renewal process for each customer.
• Create and interrogate data to review product gap analysis and increase market share (COS2 or other frameworks)
• Create automated dashboards/reports to communicate customer and commercial data on a regular basis
• Provide sales data for tools such as the COS2 pricing calculator and CPQ customer attributes
• Working with Pricing Associate to ensure systems are up to date.