Abbott

Contract Sales Specialist

Abbott$61K — $122K *
Healthcare
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Business Administration, Finance, or related field.
  • 3-5+ years of experience in contract analysis, financial analysis, or sales operations with a focus on financial modeling.
  • Expert-level proficiency in Excel for complex pricing and contracting analysis.
  • Ability to manage and analyze large datasets from various systems.
  • Experience in contract development and familiarity with legal contract language.

Responsibilities

  • Provide financial, business, and consultative support for capital equipment contracts.
  • Assist in formulating and negotiating contracts and equipment configurations with the sales team.
  • Perform timely review and detailed financial analysis for sales requests.
  • Analyze customer capital footprints to create service proposals and contracts.
  • Negotiate contract terms directly with customers and manage compliance with internal regulations.

Benefits

  • Collaborative work environment with cross-functional teams.
  • Opportunities for professional growth and advancement within a leading medical devices company.
  • Exposure to high-pressure sales support situations, enhancing skills in fast-paced environments.
  • Involvement in leveraging AI and automation in contracting processes.
Full Job Description
JOB DESCRIPTION:

Position Summary

Working in support of the Medical Devices US Sales Division, theCapital Service Contract Analystwill interface with Sales, Sales Management, Sales Operations, Marketing, Finance, OEC and Legal to apply business management principles and financial concepts that maximize the companys performance against sales and profit goals and minimize risk. Position will support the following Business Units:Electrophysiology (EP)and Coronary (COR). The ideal candidate must proactively research, analyze, and interpret data to produce substantiatedrecommendations and to work effectively in a high-pressure, high-demand sales support environment.TheCapital Service Contract Analystwill direct the overall processes for contract origination, preparing formal written proposals,analyzingand developing servicecontractsrenewals.

Primary Job Function:

  • Work independently to provide financial,businessand consultative support to the Field Sales Organization related to capital equipment contracts.

  • Support Field Sales Organization in formulating and negotiating contracts and capitalequipmentconfigurations in conjunction with legal, contractcomplianceand management tofacilitatepositive outcomes.

  • Ensures thetimelyreview, detailed financial analysis, and administration of sales requests for capital equipment.

  • Demonstrated advanced skills in Excel as customized strategic analysis will need to be developed for deal modeling and customer-facing analytics.Proficient in the use of Word and PowerPoint.

  • Analyzescustomers capitalfootprintto compose service proposals,quotationsand executable contracts from approved templates, at times based on input from Enterprise Accounts and Sales Management.

  • The ability to articulatekey conclusions resulting from this analysis and make recommendations isrequired.Counselthesales team to ensure the request is consistent with the business strategy supported by sales,marketingand senior leadership.

  • Generates contracts and amendment responses from standard and customer templates.Performs document analysis and completes written responses to product and service questionnairesrelated to RFP submissions, and other related commercial agreements.

  • Review of customer redlines,modifiesgeneral contractual language forcustomerspecificprogramsand seeks final approval. This includes ensuringappropriate vettingthrough other departments which may include legal, privacy, OEC, tech services, security, finance, riskmanagementand customer service amongst others.Must be able to appropriatelydeterminethe correct department for review, talk through customer requests and associated risks as well as incorporate responses into contractual terms.

  • Ability to negotiate terms directly with customers.

  • Works closely with contract compliance to assess performance to current contracts,coordinate onnon-complianceresolutionsandgeneratescontracts/amendments to document resolutions.

  • Understands internal and external business challenges and recommends best practices to improve processes and services.

  • Identifiesand routinely uses the most effective, cost efficient and best business practices to execute processes; continually evaluates their effectiveness and appropriateness.

  • Manages communication and awareness of pricing and contractual obligations with all levels of internal and external customers.

  • Solves complex problems, exercising sound business judgment to make recommendations based on the analysis of multiple sources of information.

  • Complies withU.S. Food and Drug Administration (FDA) regulations, other regulatory requirements, Company policies, operating procedures, processes, and task assignments. Maintains positive and cooperative communications and collaboration with all levels of employees, customers, contractors, and vendors.

  • Facilitates cross departmental (pricing, customer service, finance, legal) coordination and performs as an effective liaison between the field sales force and internal operations.

  • Proactivelyanticipatesneedsof the field sales force and developsviablesolutions for meeting goals andobjectives.

  • Abilityto work in a time-sensitive environment and effectively prioritize multiple tasks is essential.

  • Ability to think outside of the box and develop creative solutions to enhance departmental goals andobjectives.

Qualifications

  • Bachelors Degree in Business Administration, Finance, or related field.

  • 3-5+yearsexperiencein contract analysis, financial analysis, business analysis, or sales operations with financial analysis and modeling experience.

  • Expert-level Excelproficiencyto support complex pricing and contracting analyses.

  • Manages and analyzes large, multi-source datasets (Salesforce, CRM, ERP, contract management systems) with strong data governance discipline

  • Contract development experience in a medical related field and familiarity writing and editing legal contract language.

  • Advances contracting analytics through A.I.and automation, acceleratingcontract review, pricing insights, and reporting while applying advanced analytics for forecasting, trend identification, and anomaly detection, and continuously improving processes through adoption of emerging technologies.

  • Operates effectively in high-visibility situations with competing priorities and tight timelines.

  • Organizational skillsand ability to work independently and handle multiple projects simultaneously.

  • Maintains strong attention to detail in a high-volume, fast-paced contracting environment.

  • Interpersonal communication and presentation skills, including the ability to listen, deal with unresolved issues,delaysand unexpected events, and effectively communicate at all levels of the organization.

  • Must have the knowledge and ability to extract data from multiple information systems on an ad-hoc basis.

  • Ability toidentifyinnovative solutions to solve complex problems, based on analysis of multiple sources of information.Strong analytical skills with the ability to manipulate and interpret data.

  • Experience working in a broader enterprise/cross-division business unit model preferred.

  • Builds scalable, audit-ready tools that support deal review, redlining, andapprovalworkflows.

  • Partners with commercial teams to evaluate deal structures andoptimizeprofitability.

  • Delivers concise, data-driven narratives to support approvals, escalations, and strategic initiatives.

  • Communicates complex financial and contractual concepts clearly to senior stakeholders.

The base pay for this position is

$61,300.00 6,700.00

In specific locations, the pay range may vary from the range posted.

JOB FAMILY:Sales Support & Administration

DIVISION:MD Medical Devices

LOCATION:United States > Austin : 8701 Bee Caves Rd

ADDITIONAL LOCATIONS:

WORK SHIFT:Standard

TRAVEL:Yes, 50 % of the Time

MEDICAL SURVEILLANCE:Not Applicable

SIGNIFICANT WORK ACTIVITIES:Continuous sitting for prolonged periods (more than 2 consecutive hours in an 8 hour day), Keyboard use (greater or equal to 50% of the workday)

About Abbott

Abbott Careers

Joining Abbott means becoming part of a globally diverse team dedicated to making a lasting impact on human health. As a leader in healthcare innovation, Abbott provides a dynamic workplace where careers flourish through growth, leadership, and diversity training.

Opportunities at Abbott

Explore a world of opportunities with our team. Whether you're seeking job opportunities in engineering, marketing, research, or healthcare, Abbott offers a variety of positions that allow professionals to grow their careers. Our commitment to diversity and innovation is evident in every aspect of our work, fostering an inclusive culture that values each team member's contribution.

Work You'll Do

At Abbott, every role contributes to our mission of helping people live fuller lives through better health. From groundbreaking research in medical devices to advancements in pharmaceuticals, our team is at the forefront of healthcare innovation. By joining Abbott, you are not just accepting a job; you are embarking on a path of professional and personal growth.

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Kickstart your career with an Abbott internship. Our programs provide invaluable industry experience and a chance to develop essential skills in a real-world setting. Interns at Abbott work on projects that matter, gaining the experience and knowledge necessary to succeed in their future careers.

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Abbott is dedicated to the continuous professional development of its employees. With access to cutting-edge technology, leadership programs, and diversity training, our team members are equipped to lead and innovate within the healthcare industry. We support your career journey with robust training programs, mentorship, and opportunities for networking and professional growth.

Benefits and Culture

Our employees enjoy comprehensive benefits designed to support their life and well-being. From health insurance to retirement plans, we ensure our team has everything they need to thrive. Abbott's culture is built on a foundation of respect and integrity, united by a shared commitment to improving health outcomes.

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Discover the impact you can make with a career at Abbott. We are hiring individuals who are passionate, curious, and driven to lead. Search open positions that match your skills and interests on our Jobs page. Prepare your resume, sharpen your interview skills, and get ready to join a team that's at the cutting edge of healthcare solutions.

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With a commitment to improving life through innovation, leadership, and diversity, Abbott is a place where you can fulfill your potential. See what exciting and rewarding opportunities await at Abbott by exploring our career opportunities today.

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Learn more about Abbott
Size
113,000 employees
Market Cap
$189 billion
Industry
Net Income
$4.4 billion
Founded
1944
5 Year Trend
+15.6%
Revenue
$34.6 billion
NASDAQ

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