Financial Analyst, Contract Operations

Job Description Summary

Sandoz continues to go through an exciting and transformative period as a global leader and pioneering provider of sustainable Biosimilar and Generic medicines. As we continue down this new and ambitious path, unique opportunities will present themselves, both professionally and personally. Join us, the future is ours to shape!

Analyst, Specialty Contracts will be responsible for managing contract implementation and administration of Medicaid SRA’s and other commercial pre-templated contracts and pricing enhancement programs in SCOUT Contract Lifecycle Management system and other applicable contracting systems.

Job Description

Responsibilities include, but not limited to:

• The Analyst, Contracts is responsible for managing the end-to-end contracting process for Medicaid Supplemental Rebate Agreements, including obtaining internal stakeholder’s approval, contract execution and tracking

• The Analyst, Contracts is responsible for managing the end-to-end contracting process for pre-templated pricing enhancement programs (e.g. Letter of Commitment), including drafting individual customer facing documents based on the pre-approved template, setting up new customer accounts in SAP and/or Model N, as applicable and activating the new contract in SCOUT

• Collaborates with all necessary SMEs (e.g. Contracts, Contract Operations, Membership, Account Teams, etc.) to ensure complete and accurate contract implementation

• Conducts tracking and performance measurement for all biosimilar contracts, carveout enhancement programs and pre-templated programs with performance requirements and completes customer communications based on the measurement outcome

Key Performance Indicators

• Accuracy & completeness of executed and activated contracts

• Timeliness of customer performance measurement

• Accuracy & completeness of all applicable trackers for LOC’s and other OID discount based carveout agreements and programs

Ideal Background

Education

• B .Com/ MBA (Finance) / M. Com /any other equivalent degree

Languages

• Proficient in English

Experience

• Minimum 2 to 4 years’ work experience required, preferably in the pharmaceutical or financial industries with financial analytics

Technical / Professional Knowledge and Skills

• Interpersonal Skills - Excellent written and oral communication skills in English to interact confidently with all levels of internal and external customers.

• Collaboration in Matrix Organizations - Demonstrates ability to navigate matrix environments, fostering alignment across cross-functional teams including Contracts, Market Access, Chargebacks and Membership.

• Analytical Skills - Excellent analytical skills to review contracts. Ability to spot/analyze product trends and variances. Strong Problem-solving and organizational skills.

• Technical Skills - MS Office Suite (Excel, Access, Word, PowerPoint). Demonstrates knowledge of in SAP, ModelN, and Salesforce.

• Knowledge of the Pharmaceutical Industry & Its Segments - Brings basic understanding of key customers such as wholesalers, Group Purchasing Organizations (GPOs) and Integrated Delivery Networks (IDNs). Applies this expertise to develop and execute operational solutions that align with Market Access strategy and ensure compliance.

Why Sandoz?

Generic and Biosimilar medicines are the backbone of the global medicines industry. Sandoz, a leader in this sector, provided more than 900 million patient treatments across 100+ countries in 2024 and while we are proud of this achievement, we have an ambition to do more!

With investments in new development capabilities, production sites, new acquisitions, and partnerships, we have the opportunity to shape the future of Sandoz and help more patients gain access to low-cost, high-quality medicines, sustainably.

Our momentum is powered by an open, collaborative culture driven by our talented and ambitious colleagues, who, in return for applying their skills experience an agile and collegiate environment with impactful, flexible-hybrid careers, where diversity is welcomed and where personal growth is supported! 

Join us!

Commitment to Diversity & Inclusion:

We are committed to building an outstanding, inclusive work environment and diverse teams representative of the patients and communities we serve.

 

Skills Desired

Compliance And Controls, Continuous Process Improvement, Critical Thinking, Data Cleansing Normalization, Embracing Change, Financial Accounting, Financial And Management Reporting, Rapid Problem Solving, Resilience, Tax