Business Analyst

Full-time
New York, NY
Hybrid âś…
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Apply before: 
Mar 16, 2023

Pricing & Contracts:

  • Conduct key pricing analysis and assessments, including collaborating with key counterparts in sales, marketing, finance and supply chain.
  • Manage approved pricing recommendations, including analytical support, customer communications materials, and field sales communications.
  • Prepare and present pricing analysis and recommendations to the finance, sales and marketing, and pricing committee.
  • Administer product launches, price adjustments and RFP’s.
    • Follow up with NAM’s on offers sent to customer.
  • Outline and make the necessary changes/recommendation for Terms and Conditions for Business approval.
    • Make changes/recommendation for key business risks.
    • Work closely with legal dept. to identify key legal risk
    • Work with other internal teams to remediate other points of contention.
  • Provide monthly notification to field Sales of customer proposals/contracts outstanding and contracts due to expire.
  • Investigate, resolve and respond to internal and external inquiries about pricing.
  • Maintain all pricing and contract files and folders.
    • Perform various administrative tasks for all divisions with regards to Pricing and Contracts.
  • Maintain Bid Management
    • Rebates
    • Products
    • Tier Pricing
    • Rating of Product
    • Liaison between IT and P&C to ensure data function of Bid Management

Business Analysis

  • Ensure finance has correct NSP’s in the profitability report
  • Create budget numbers for National Account Managers
  • Track budget achievements to the National Account Managers monthly
  • Perform bid success evaluation and tracking of other Analysts
  • Insure maintenance of all competitive data
  • Assist in Modeling for Bid Opportunities
  • Perform evaluations for third party chargeback data to determine prospective issues and opportunities
  • Review customer purchasing compliance and address with Sales
  • Create Monthly, Quarterly Business Review and Sales in the Power Point Presentations format
  • Maintain and Update the internal Standard Operating Procedure documents
  • Review profitability report before sharing with Analysts and Management
    • Review and provide guidance for Customer / Product level profitability
    • Evaluate pricing on Est. vs Actual after fin. Adj.
    • Propose correcting actions

Qualifications

  1. Bachelor’s Degree
  2. 2+ years of prior Analytical experience required
  3. Must possess advanced Microsoft Excel Skills
  4. Must possess a minimum of intermediate Microsoft Word and Microsoft PowerPoint
  5. Preferably, advanced ability to read and interpret contracts
  6. Preferably, prior experience in the pharmaceutical industry
  7. Preferably, prior experience in:

- Contract Review / Writing

- Contract Gap identification

- Contract related financial obligation tracking management

- Pricing Modeling

- Budgeting

- Profitability Analysis

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