Senior Analyst - Contracting

Takeda Pharmaceutical Company Ltd Bannockburn , IL 60015

Posted 2 months ago

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Job Description

SR Analyst - Contracting

Are you looking for a patient-focused, innovation-driven company that will inspire you and empower you to shine? Join us as a Senior Analyst in our Bannockburn, IL office.

At Takeda, we are transforming the pharmaceutical industry through our R&D-driven market leadership and being a values-led company. To do this, we empower our people to realize their potential through life-changing work. Certified as a Global Top Employer, we offer stimulating careers, encourage innovation, and strive for excellence in everything we do. We foster an inclusive, collaborative workplace, in which our global teams are united by an unwavering commitment to deliver Better Health and a Brighter Future to people around the world.

Here, you will be a vital contributor to our inspiring, bold mission.

OBJECTIVES/PURPOSE

  • Provide technical and analytical support for commercial (payor or trade accounts) contracts including:

  • Drafting and editing contract documents

  • Negotiating terms and conditions with external customers

  • Managing contract compliance

  • Draft business exceptions from initial request through approval and to resulting contract amendment or notification

  • Resolving internal/external customer issues and concerns

  • Manage all contract administration for assigned contracts including:

  • Documenting portfolio requirements for accurate establishment of the contract terms in the rebate processing system (payor accounts) or managing pricing system maintenance/set up and price changes (trade accounts)

  • Ensuring all product and price notifications are communicated on a timely basis

  • Partner with finance, credit and collections and customer service to resolve pricing issues or rebate issues

  • Create ad hoc analysis for field sales teams for customer purchase pattern history to review contract compliance

  • Works cross functionally with Managed Markets, Legal, and Finance to ensure business alignment of opportunities and risks of to drive profitable growth.

  • Act as subject matter expert and provide cross-functional training on contract operations and contract language interpretation

  • Provide financial/business analytical support to pricing and legal initiatives that enforce contract compliance

ACCOUNTABILITIES

  • Provide a high level of contracting support including drafting and editing contract documents, executing contract documents, managing deadlines relative to contract expirations and post contract evaluation for commercial payor, Medicare Part D and/or trade accounts to achieve favorable economic and/or strategic terms

  • Independently interact with Legal, Managed Markets and external customers to discuss business issues to ensure that business deals meet or exceed the requirements of the corporation and the department

  • Interprets and translates business case requirements into contract language, predicts potential customer concerns, negotiates contract language with external customers and translates such information to ensure accurate contract and pricing establishment and rebate calculations

  • Ensures that business cases, contract documents and business exceptions are properly catalogued and stored to ensure secure archiving and seamless support in preparation of audits

  • Supports internal/external audits by preparing and providing the necessary documentation

  • Assists with the contract implementation of modified strategies, new product launch activities and special projects

  • Identifies, recommends and implements opportunities for process efficiencies including collaboration with Rebate, Chargeback and Pricing Analysts to drive increased efficiencies

  • Ability to build strong partnerships and drive role clarity with other interfacing Takeda functions, including but not limited to Finance, Internal Audit, Legal, Regulatory, other Compliance functions as applicable.

  • Ability to understand Takeda's diverse product portfolio (Gen Med, Specialty and Plasma) and ensure compliant practices across the managed markets, C&P, Controller and Finance organization.

  • Effectively interact with staff and management from all functional areas as well as with key customers across Managed Markets, USBU Finance, Legal and Audit

  • Ability to implement change that will enhance the overall effectiveness of the USBU Finance C&P and Controller organizations

EDUCATION, BEHAVIOURAL COMPETENCIES AND SKILLS

  • Bachelor's degree or equivalent work experience required

  • Masters degree preferred.

  • 5 years of business experience

  • 3+ years of progressive experience in one or more of the following areas: Marketing, Pricing, Contracts, Sales, or Finance in the pharmaceutical or healthcare industry

  • Experience with SAP and Model N software

  • Experience in drafting large volume and high dollar value agreements preferred;

  • Strong communication, analytical, teamwork and time management skills

  • Understanding of the pharmaceutical industry and the Commercial Payor, Medicare Part D and/or Trade Account market space.

  • Experience in multiple aspects of the Managed Markets, Legal, and Government Pricing

  • Knowledge of current pricing and rebating practices and ability to implement these practices

  • Ability to present complex information clearly and confidently

TRAVEL REQUIREMENTS

  • Relevant travel

WHAT TAKEDA CAN OFFER YOU

  • 401(k) with company match and Annual Retirement Contribution Plan

  • Tuition reimbursement Company match of charitable contributions

  • Health & Wellness programs including onsite flu shots and health screenings

  • Generous time off for vacation and the option to purchase additional vacation days

  • Community Outreach Programs

Empowering Our People to Shine

Discover more at takedajobs.com

No Phone Calls or Recruiters Please.

Locations

Bannockburn, IL

Worker Type

Employee

Worker Sub-Type

Regular

Time Type

Full time

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Senior Analyst - Contracting

Takeda Pharmaceutical Company Ltd