Associate - Commercial Contracts

Princeton, NJ

About the position

At Dr. Reddy's, we are dedicated to helping people lead longer and healthier lives. We are seeking dynamic and energetic individuals ready to inspire and make a difference for their community. The Commercial Contracts Associate role is a multi-faceted position with responsibilities surrounding commercial contracts for the sale of pharmaceutical products, while also supporting general finance.

Responsibilities

• Manage assigned accounts relating to commercial contracts for Generic (Rx) business.
• Support assigned Specialty Rx (SRx) and Over-the-counter (OTC) accounts in addition to Rx Accounts.
• Prepare and review contract documents for assigned accounts, such as terms and conditions, offer letters, RFP/RFI submissions, and mass customer notices.
• Assist in contract negotiation and revision with internal and external stakeholders.
• Maintain/update various databases in Salesforce with updates on pricing and terms/conditions.
• Disseminate information to appropriate internal parties as required.
• Coordinate conference calls with the sales team for open bid/contracts updates and provide contract summaries.
• Load pricing in SAP/Vistex as needed.
• Work closely with the overseas finance team on system updates and chargeback queries.
• Support the business teams in new streams of business and other items that may arise.
• Serve as backup for the credit review team to work with internal stakeholders to update and review credit limit blocks and adjustments for customers.

Requirements

• B.S. in Accounting/Finance preferred.
• 4+ years of pharmaceutical pricing and contracts experience required.
• Experience working on customer Requests for Pricing (RFP’s), drafting customer proposals, and reviewing business agreement/financial terms and conditions.

Nice-to-haves

• Strong skills in Microsoft Excel.
• Ability to quickly learn and use in-house Bid management platform, embedded in Salesforce, as well as SAP and Vistex.
• Strong communication (verbal & written) & interpersonal skills.
• Excellent problem solving, organization, and analytical skills.
• High attention to detail with proven ability to handle multiple projects/multi-task.
• Ability to meet aggressive deadlines.
• Ability to adapt to a rapidly changing environment.