Senior Contract Analyst

Medtronic Inc. • Fridley, MN

72d • Onsite

About The Position

At Medtronic you can begin a life-long career of exploration and innovation, while helping champion healthcare access and equity for all. You'll lead with purpose, breaking down barriers to innovation in a more connected, compassionate world. A Day in the Life At Medtronic, we bring bold ideas forward with speed and decisiveness to put patients first in everything we do. In-person exchanges are invaluable to our work. We're working a minimum of 4 days a week onsite as part of our commitment to fostering a culture of professional growth and cross-functional collaboration as we work together to engineer the extraordinary. We seek out and hire a diverse workforce at every level: We need fresh ideas and inclusive insights to continue to be an innovative industry leader - that's why we make it a point to seek out, attract and develop employees who are patient-centric, passionate, and who represent the same wide variety of life experiences as our patients. The Contract Analyst provides analytic, contracting, and operational support to the Field Sales Organization. This includes custom and standard product quotes for both individual and group customers.

Requirements

• Bachelors degree required
• Minimum of 4 years of relevant experience in pricing strategy/negotiation, contract administration, or financial analysis, or advanced degree with a minimum of 2 years relevant experience in pricing strategy/negotiation, contract administration, or financial analysis

Nice To Haves

• Experience in Sales Analysis and Contract work in Healthcare Sector strongly preferred
• Bachelor's degree in Business, Accounting, Finance, Economics or Math
• High proficiency with Excel Spreadsheets, Business Objects, and SAP
• Experience creating Excel documents, including spreadsheets, formulas, charts, graphs, and functions.
• Additional experience in sales, marketing, healthcare or related areas desirable.
• Solid business acumen and judgment.
• Sound analytical skills, ability to manipulate and interpret data.
• Self-motivated and goal oriented.
• Tactful, exercises independent judgment and discretion.
• Ability to work in fast paced environment with high attention to detail
• Strong relationship building, communication and interpersonal skills
• Ability to function well in high-energy business environments.

Responsibilities

• Contract administration for the US. This includes price requests, analysis, contract drafting and redlining, price loads, price quotes, system maintenance, compliance monitoring, business reviews, and price discrepancies.
• Support organization in negotiating pricing under parameters as set forth by management in conjunction with sales, legal and marketing for standard and custom products.
• Work directly with Field Sales Organization and Medtronic Customers.
• Process customer quotation and bid requests in a timely manner in accordance with Medtronic pricing objectives, terms, and conditions.
• Execute and monitor negotiated contracts from implementation to expiration to ensure that appropriate pricing is applied to sales orders.
• Track performance on rebate/compliance contracts.
• Support Customer Care, Credit Financial Services and other organizations to resolve pricing discrepancies and other related issues.
• Ability to manage projects with minimal direction to help organizational objectives.
• Understand how business strategies and tactics enhance opportunities to operate effectively. Understand and comply with all laws, regulations and/or company policies.
• Maintain a point of view broader than current role.
• Consider the needs of the entire organization.
• Engage in special projects as assigned.

Benefits

• Medtronic offers a competitive Salary and flexible Benefits Package
• We offer a wide range of benefits, resources, and competitive compensation plans designed to support you at every career and life stage.
• Health, Dental and vision insurance, Health Savings Account, Healthcare Flexible Spending Account, Life insurance, Long-term disability leave, Dependent daycare spending account, Tuition assistance/reimbursement, and Simple Steps (global well-being program).
• Incentive plans, 401(k) plan plus employer contribution and match, Short-term disability, Paid time off, Paid holidays, Employee Stock Purchase Plan, Employee Assistance Program, Non-qualified Retirement Plan Supplement (subject to IRS earning minimums), and Capital Accumulation Plan (available to Vice Presidents and above, or subject to IRS earning minimums).

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Number of Employees: 5,001-10,000 employees