Abbott

Senior Contract Operations Analyst

Abbott$78K — $156K *
Healthcare
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree in Finance, Business, or related discipline
  • Minimum 5 years related experience in finance or marketing
  • Advanced skills in Microsoft Excel and Access
  • Experience with SAP preferred
  • Strong organizational and analytical skills
  • Ability to manage multiple priorities under pressure
  • Excellent interpersonal and communication abilities

Responsibilities

  • Manage rebate and fee administration from execution to expiration
  • Process rebates and fees while ensuring accurate and timely payments
  • Develop mathematical models to track contract performance
  • Communicate updates to cross-functional teams and external customers
  • Act as the subject matter expert for contractual obligations
  • Solve complex problems using sound business judgment
  • Provide reports and analysis to department and senior management

Benefits

  • Comprehensive health and wellness benefits
  • Opportunities for career growth
  • Supportive work environment fostering professional development
  • Access to diverse career paths within the company and the industry
Full Job Description
Our team in Austin, TX (or Alpharetta, GA) is looking for a Senior Contract Operations Analyst

This is a fully onsite role. 

The primary role for the Senior Contract Operations Analyst is to support the Medical Devices US Sales Division. The Analyst will interface with Sales, Management, Accounts Receivable, Accounts Payable, Finance, and Accounting to apply business management principles and financial concepts that maximize the company’s performance against sales and profit goals and minimize risk. The ideal candidate must proactively research, analyze, and interpret complex data and work effectively in a high-pressure, high-demand sales support environment. 

What You’ll Work On

  • Owns rebate and fee administration from point of full execution to expiration – collaborates with contract authors and sales team, and performs complicated calculations, obtains appropriate approvals, and ensures timely posting and delivery of payment to customers.

  • Processes rebates and fees, coordinating with cross-functional groups to ensure customers are paid accurately and on-time.  Works within audit guidelines for contract approval and contract creation. 

  • Builds mathematical models & tools to determine payout amounts and track contract performance. 

  • Provides formal and informal written and verbal updates to Customers, Sales, Contract Operations Management, Accounting, Finance, Commercial Legal and other cross-functional groups. 

  • Manages communication and awareness of contractual obligations with all levels of internal and external customers to include sales reps and hospital representatives. 

  • Serves as a subject matter expert and primary contact for hospitals, hospital systems and group purchasing organizations within assigned geography for their rebate and admin fee related questions. 

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

  • Provides reports and analysis to department and senior management as requested.

  • Follows all management approved processes and procedures; alerts management when circumstances require deviation to the approved processes and procedures.

EDUCATION AND EXPERIENCE YOU’LL BRING

  • Bachelors Degree Finance or Business or related discipline

  • Minimum 5 year related experience in finance, marketing (preferred) or related area

  • Excellent organizational and analytical skills

  • Advanced skills in Microsoft Excel, Microsoft Access

  • Experience using SAP preferred

  • Ability to work under pressure, handle multiple priorities

  • Accommodating changing priorities while maintaining overall workload is essential

  • Proven financial/mathematical competence

  • Interpersonal and written/oral communications are vital

  • Strong Analytical, financial, and information systems(preferred),

    strategic, and problem-solving skills are required.

Preferred Skills:

  • Ability to assess reasonableness and relevance of contract documentation and system data.

  • Excel in solving multifaceted problems.

  • Willing to make difficult and unpopular decisions.

  • Anticipate issues; understand the implications and interrelationships of those issues to the client and other areas.

  • Knowledge of mathematical modeling and demonstrated ability to quickly identify relevant details while working with large date sets.

  • Demonstrated ability to manage multiple projects simultaneously, deal with unresolved issues, and effectively communicate and maintain rapport with all levels of personnel within Abbott Med Device organization.

  • Customer-service oriented mind frame and skill sets to support the field sales team, Finance, and Accounting teams and their needs.

  • Well-organized, keenly attentive to detail, and proactive to quickly anticipate and prevent, and identify and remedy questions and issues before or when they arise.

  • Excellent verbal and written communications skills with attention to detail and ability to work with general supervision.

  • Well-honed sense of urgency and ability to work under pressure. This includes the ability to multitask and manage competing priorities.

  • Advanced proficiency in Microsoft products including Excel and Word, as well as experience using Business Objects or similar reporting systems.

Apply Now

Learn more about our health and wellness benefits, which provide the security to help you and your family live full lives:  www.abbottbenefits.com

Follow your career aspirations to Abbott for diverse opportunities with a company that can help you build your future and live your best life.

     

The base pay for this position is

$78,000.00 – $156,000.00

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

     

JOB FAMILY:Pricing

     

DIVISION:MD Medical Devices

        

LOCATION:United States > Austin : 8701 Bee Caves Rd

     

ADDITIONAL LOCATIONS:

     

WORK SHIFT:Standard

     

TRAVEL:Not specified

     

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.

Internship Programs

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.

Professional Development

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.

Join Our Team

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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Explore Abbott

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.

SEARCH ABBOTT JOBS

Join us in our mission to make the world a healthier place through innovation, leadership, and diversity. Your journey to a fulfilling career at Abbott starts here.
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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