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Senior Manager, Contract Negotiations
2 months ago
We are seeking a highly skilled Senior Manager, Contract Negotiations to join our team at Abbott Laboratories. As a key member of our commercial operations, you will be responsible for developing and implementing pricing strategies to drive revenue growth, market share, and margin expansion.
Key Responsibilities- Develop value-based pricing strategies to improve gross margin and market share.
- Collaborate with commercial teams to drive pricing-related process improvements and execute contract administration.
- Design and refine pricing policies and governance mechanisms to ensure effective execution and pricing discipline.
- Draft and approve contract language, including bids, RFPs, and other agreements.
- Conduct performance analyses and reporting against key pricing/contract management metrics.
- Contribute to the development of pricing playbooks, guidelines, and training.
- Administer the contracting process to ensure proper documentation, approvals, audit, and compliance requirements are met.
- Collaborate with cross-functional teams, including Sales, Marketing, Sales Training, Health Economics, Enterprise Accounts, Finance, R&D, and GMI.
- Bachelor's degree in accounting or finance.
- 10+ years of experience in contracts, pricing, or related fields.
- Exceptional knowledge of pricing and contracting best-in-class models, processes, techniques, and tools.
- Strong financial and analytical acumen, including ability to model revenue and margin impact of pricing and contract terms.
- Direct experience partnering closely with commercial teams at a medical device or healthcare company.
- Strong leadership skills, including ability to set goals and provide positive and constructive feedback.
- Ability to work effectively within a team in a fast-paced, demanding, and changing environment.
- Excellent verbal and written communication skills.
- Ability to travel, approximately 10%.