Senior Contracting Analyst at Abbott Laboratories Limited

San Juan, Puerto Rico, United States -

Full Time

Start Date

Immediate

Expiry Date

11 Jul, 26

Salary

132000.0

Posted On

12 Apr, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Contracting, Financial Analysis, Data Analysis, Pricing Strategy, Rebate Management, Negotiation, Compliance, Sales Operations, Contract Lifecycle Management, Reporting, Stakeholder Management, Audit Support, Record Retention, Business Strategy, Communication

Industry

Hospitals and Health Care

Description

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 devices, nutritionals and branded generic medicines. Our 115,000 colleagues serve people in more than 160 countries. Senior Contracting Analyst, this position is on-site at our Commercial facility in San Juan, Puerto Rico. About Abbott Abbott is a global healthcare leader, creating breakthrough science to improve people’s health. We’re 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. You will have access to: Career development with an international company where you can grow the career you dream of. Health Insurance (starting on Day 1 of employment), Savings Plan (401K) with company match, Life insurance for you and your spouse/children, Short Term Disability, Long Term Disability, Education Assistance, Employee Assistance Program, Vacation, Sick, Personal Days. 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. A company that is recognized as one of the best big companies to work for as well as a best place to work for diversity, working mothers, female executives, and scientists. The Opportunity This position works out of our Montehiedra Town Centre in San Juan, PR location in the International Finance Operations. As the Senior Contracting Analyst works directly with Contracting Manager, Sales, Sales Management, Sales Operations, Billing & Reimbursement, Marketing, and Finance to apply specialized knowledge and skills in commercial contracts, bids, proposals and negotiation to support Division's strategies and maximize performance against business goals. This role must have the ability to research, analyze, and interpret pricing, rebates and business data to produce substantiated recommendations to internal stakeholders to develop contracts that effectively meet their business needs. Uses analytical skills to proactively improve internal reporting, models, and metrics. This position would be expected to be able to work with individuals at all levels of the organization. What You’ll Do Review, evaluate and execute requests for commercial agreements for business channels of operating divisions, this includes: Development, preparation and maintenance of new contracts proposals, amendments, extensions, renewals, etc. Responsible for the maintenance of Contract Logs and consistent tracking, updates and analysis of active contracts. Collect commercial, financial, technical information and related approvals required. Active participation in contract negotiations for business channels Active liaison relations with commercial teams and Health Plans as part of contracts negotiations, preparation, amendments, disputes, modifications, legal counselors, maintenance, etc. Collaborate with commercial teams to assist in contract proposals and business strategies including rebates, chargebacks, pricing agreements, among others. Foster internal and external customer relationships to effectively understand and meet customer needs. Assist in the review and updates of Contracting policies and procedures to ensure alignment with business changes and compliance with Office of Ethics and Compliance (OEC) policies. Ensure compliance and adherence with Contracting policies and procedures. Serve as liaison with the Compliance and Legal departments/counselors to ensure contract modifications approval, access to latest pre-approved terms & conditions, as well as to serve as guidance in any issues raised during active negotiations. Effective participation and coordination in internal and external audits and interacting with auditors and management regarding audit information. Responsible for Ad Hoc requests from Contracting Manager, commercial teams and CFS team. Assist commercial team for the accuracy and timely submission of information to comply with bids deadlines for submission. Responsible for reviewing contracting documentation and ensuring maintenance of effective Record Retention in the area. Ensure rebate payments are aligned with related contracts as applicable. Responsible for maintaining the Contracts Compliance Centralized System platform for payors contracts to monitor and facilitate proper compliance of key obligations and requirements of these contracts and maintain on-going collaboration with related stakeholders to ensure timely execution and follow-up actions accordingly. Serve as back-up for Contracting Manager role as required. Required Qualifications Bachelor's Degree is preferred in Accounting, Finance or Business Administration. Minimum 5 years of experience in accounting, finance, commercial operations, pricing/sales data analysis. Strong verbal and written communications with ability to effectively communicate at multiple levels in the organization. Demonstrated interpersonal communication and presentation skills, including the ability to listen, resolve moderately complex problems, deal with unresolved issues, delays and unexpected events, while effectively communicating and maintaining rapport with Sales Representatives, Commercial Leaders and all levels of personnel within Abbott divisions. Demonstrated organizational and analytical skills, attention to detail, ability to work under general supervision and the ability to handle multiple projects simultaneously. Strong digital skills with the ability to use systems, tools, and technology effectively to manage data, documentation, and reporting. Language Proficiency in Spanish and English. Apply now 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 www.abbott.com, on Facebook at www.facebook.com/Abbott and on Twitter @AbbottNews and @AbbottGlobal. The base pay for this position is $66,000.00 – $132,000.00. In specific locations, the pay range may vary from the range posted.

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Responsibilities

The Senior Contracting Analyst will review, execute, and maintain commercial agreements while collaborating with sales, finance, and legal teams to support business strategies. The role also involves managing contract logs, ensuring compliance with policies, and providing data-driven recommendations for pricing and rebates.