Senior Manager, Pricing and Contracts
SUN PHARMA · Hawthorne, NY · 1 wk ago
Management$122k–$135k/yrContract
Essential Job Functions
- Provide regular and ongoing comprehensive financial analyses and support for request for pricing on bids, meet competition, price changes, and offers.
- Review customer pricing strategies and rebate structures; proof pricing documents: including customer price lists, quotes, customer notifications and bids.
- Prepare draft pricing agreements, responses to proposals, and manages communication with customers during the RFP and contracting process.
- Ensure all contracts are reviewed, red-lined and revised for compliance. Work with business and legal teams on contract term updates.
- Create customer notifications for price increases, price decreases, new products, NDC changes and product removal.
- Review, approve, and execute customer pricing strategies and rebate structures.
- Monitor pricing based on competition, market share, utilization, costs and putting forward recommendation for price adjustments where warranted.
- Analyze historical sales trends, IQVIA prescription trends, market intelligence, and other pertinent information to formulate and analyze pricing strategies.
- Manage the contract administration, loading pricing and setting up new contracts in SAP/Vistex system. Monitor all pricing is getting loaded on the correct effective date, ensure we are not back dating pricing.
Requirements and Qualifications
- Minimum of a Bachelor's degree (or equivalent) and 7+ years of experience
- Generic Pharmaceutical Industry experience preferred
- Pricing and Contracts Experience required
- Prior experience managing a team
- Good organizational skills and ability to meet tight deadlines in an environment of competing priorities
- Ability to build strong internal and external relationships and foster an environment of teamwork and collaboration
- Understanding of market trends, customer needs, financial data, and competitive intelligence
- Strong working knowledge of Microsoft Office including Word, Excel, and Powerpoint
- Excellent interpersonal and communication skills.