Summary: The Contract & Business Analyst is responsible for contract management from beginning to end of process. This is to include; meeting with business account managers, pricing new opportunities, contract review, feedback, and tracking of opportunities for budget and forecast purposes. Contracts that will be managed financially through this role include, but are not limited to Rebates, Service Revenue Opportunities, Hospital PCPN, Retail PCPN, 340B and PAP.
Bachelor's degree (B. A. / B. S.) from four-year college or university; or two years to four years of business and financial analysis experience.
Duties and Responsibilities include the following. Other duties may be assigned.
Support evaluation of new and existing business opportunities through scenario modeling and financial analysis
Assist with proposal development for business opportunities
Provide input for budget/forecast revenue and cost projections
Provide input for profitability projections and pricing strategy
Provide project support and analysis to program managers
Independently develop new Excel models, charts and graphs, and procedures as necessary
Manage Master Contracts Catalog maintenance
Review new Pharma Contracts for pricing and invoicing requirement
Coordinate deliverables with Business Owner and IT
Identify and report quality risks related to contract reporting
Ensure that related information is obtained, documented in detail, tracked and available for access and quality review
Other Duties and Responsibilities as assigned
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed are a representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Ability to read, analyze, and interpret common scientific and technical journals, financial reports, and legal documents. Ability to respond to common inquiries or complaints from customers, regulatory agencies, or members of the business community. Ability to write speeches and articles for publication that conform to prescribed style and format. Ability to effectively present information to top management, public groups, and/or boards of directors.
Ability to comprehend and apply principles of advanced calculus, modern algebra, and advanced statistical theory. Ability to work with concepts such as limits, rings, quadratic and differential equations, and proofs of theorems.
Ability to define problems, collect data, establish facts, and draw valid conclusions. Ability to interpret an extensive variety of technical instructions in mathematical or diagram form and deal with several abstract and concrete variables.
To perform this job successfully, an individual should have knowledge of Microsoft products and project management systems.
Knowledge, Skills and Other Abilities:
- Time management skills
- Oral and written communication skills
- Organizational and problem solving skills
- Ability to multi-task
- Reading and verbalizing skills
- Detail orientated
- Ability to meet deadlines
- Ability to communicate well with others and work as a team to accomplish company and departmental goals
- Specific business knowledge in Pharmaceutical Contracting
- Ability to maintain confidentiality and work independently
- Knowledge in Accounting and Generally Accepted Accounting Principles
- Strong computer skills, particularly MS Excel
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job, the employee is regularly required to talk or hear. The employee is frequently required to walk; sit and use hands. The employee is occasionally required to stand.