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Contract Analyst
4 months ago
Contract Analyst
Company description
Alafair Biosciences is a privately held, commercial-stage medical device company developing clinically driven products using its patented hydrogel technology. The Alafair mission is to improve patient outcomes by preventing unwanted soft tissue tethering in all surgical fields. Alafair Biosciences is recognized as one of Austin’s Best Places to Work in 2022-2024.
Job Location
Austin, Texas metropolitan area
Job Summary
The Contract Analyst supports the Corporate and Business Development functions. The Contract Analyst manages the implementation and ongoing, daily maintenance of strategic accounts according to each Group Purchasing Organization’s (“GPO”) and customer’s unique contract pricing, reporting, and broad contractual stipulations. The Contract Analyst manages the Contract Price Activation (“CPA”) process per each GPO. The Contract Analyst reviews and manages local agreements ensuring pricing integrity and consistency across all contracts. The Contract Analyst reports to the Director of Strategic Accounts & Corporate Initiatives.
Duties and Responsibilities – Corporate
- Liaise with Accounting to identify and determine Group Purchasing Organization (“GPO”) membership status for pricing, reporting, invoicing, and payment processing
- Liaise with Accounting to track GPO member sales in relation to tier access
- Liaise with Accounting to track and report GPO administrative fees
- Liaise with Customer Service to ensure New Facility Set Up Forms include accurate GPO membership and pricing
Duties and Responsibilities – Business Development
- Maintain clear organization of all active contracts (including GPOs), contract terms, pricing tiers, reporting, and other contractual requirements
- Maintain multiple up-to-date GPO membership rosters and accurately identify new and/or changing customer membership
- Manage daily Contract Price Activation (“CPA”) process via multiple GPO portals and communicate to team
- Maintain clear and frequent communication to Sales regarding membership rosters per territory
- Field ongoing questions from sales team regarding membership status (including membership disputes)
- Support navigating multiple GPOs with price sensitivity and favored nations clauses
- Adheres to standard operating procedure for contracts at Alafair, ensuring pricing integrity and consistency across all agreements
- Manage local agreements (Alafair templates and outside paper): Review, advise upon, route for signature
- Manage consignment agreements (Alafair templates and outside paper): Review, advise upon, route for signature
Education and Experience – Required
Minimum of 5+ years contracting experience
Minimum of 3+ year managing GPO contracts
Minimum 5+ years Excel and data management experience
Effective data entry, attention to detail, and record keeping
Effective communication, organization, interpersonal skills
Education and Experience – Preferred
Previous experience in a start-up company / small company
Bachelor’s degree, Business or Data Management preferred
Healthcare experience
Experience with NetSuite
Medical office experience
Benefits/Compensation (including but not limited to)
· Medical, vision, and dental
· Life and AD&D
· Short-term disability
· Long term disability
· Paid time off