Sr. Contract Analyst

Berkeley Heights, NJ, United States

Job Description


The Senior Contract Analyst serves an integral contributor working cross functionally in the Contract Lifecycle Management team with responsibility for negotiating contract terms, drafting offer letters, executing and implementing contract language in the Revenue Management System and fostering partnerships with stakeholders. The Senior Contract Analyst is responsible for the stewardship of information shared between Hikma\'s contracting and distribution partners. Timely and accurate communication of this information is essential to Hikma\'s compliance with the terms and conditions of the agreements and ensures eligible customers access to contract pricing offered to those contracting partners. This position reports to the Manager, Contract Lifecycle Management.

Responsibilities:

  • Review and prepare contract documents in accordance with Hikma\'s approved Contract Templates and business standards. Partner with internal and external resources to negotiate contract terms that align with Hikma\'s business objectives.
  • Coordinate all activities related to the contract approval process from contract generation to contract execution for all contracts, which includes distribution of all executed agreements, amendments, and extensions as assigned.
  • Accurately prepare RFP and RFI documents as requested by customers for timely submission by the appropriate deadline. Complete post-RFP award analyses and ensure all documents are provided to the customer as requested.
  • Serve as backup support to Contract Coordinator: (1) initiate and maintain contract pricing and rebates within business systems and (2) Ensure pricing and rebates are updated in systems by deadline and are communicated to internal and external stakeholders
  • Work with internal and external teams to resolve and respond to inquiries related to agreement terms and requirements, pricing, rebates and eligibility.
  • Prepare contract expiration reports and coordinate input from the Contracts and Pricing teams.
  • Assist Manager, Contract Lifecycle Management in providing support for audit selections.
  • Attends in-person and online trainings, workshops, and other professional development events to maintain current knowledge and identify emerging trends related to assigned duties.
  • Performs ad hoc analytics and other related duties as assigned for the purpose of ensuring the efficient and effective performance of work assignments.
Qualifications:
  • Minimum 2 years contract negotiation/sales administration experience, preferably in the generic pharmaceutical industry.
  • Bachelor\'s degree or equivalent work experience in Pharmaceutical environment.
  • Experience supporting the Sales and Marketing organization of a generic pharmaceutical company is highly desirable.
  • Ability to negotiate contract terms and translate terms to facilitate implementation into contracting systems.
  • Strong knowledge of SAP & Revenue Management System (i.e., Vistex, Model N, etc.)
  • Knowledge of financial processes including chargebacks, rebates and admin fees.
  • Excellent written and oral communication skills.
  • Ability to simultaneously handle multiple priorities.
  • Strong problem solving, decision making and interpersonal skills.
What We Offer
  • Annual performance bonus potential
  • 401k employer match up to 6% of your contributions
  • 23 vacation/personal days
  • 11 paid Company holidays
  • Generous healthcare benefits
  • Employee discount program
  • Wellbeing rewards programs
  • Safety and Quality is a top organizational priority
  • Career advancement/growth opportunities
  • Tuition Reimbursement
  • Paid Maternity and Parental Leave
*Eligibility requirements apply to some benefits and may depend on your job classification and length of employment. Benefits are subject to change and may be subject to a specific plan or program terms.

Location:

Berkeley Heights, NJ, US, 07922

Hikma Pharmaceuticals

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Job Detail

  • Job Id
    JD4311784
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Berkeley Heights, NJ, United States
  • Education
    Not mentioned