JOB DESCRIPTION:About Abbott
Abbott is a global healthcare leader, creating breakthrough science to improve people’s health. We’re always looking towards the future, anticipating changes in medical science and technology.
Working at Abbott At Abbott, you can do work that matters, grow, and learn, care for yourself and family, be your true self and live a full life. You will have access to:
- Career development with an international company where you can grow the career you dream of .
- Amazing health and wellness benefits and perks.
- A company recognized as a great place to work in dozens of countries around the world and named one of the most admired companies in the world by Fortune.
- A company that is recognized as one of the best big companies to work for as well as a best place to work for diversity, working mothers, female executives, and scientists.
Abbott Vascular provides innovative, minimally invasive, and cost-effective products for treatment of vascular disease.Accountability & Scope:
The Commercial Analyst shares responsibility of rebate and pricing process, contract management, maintain/develop ANZ Vascular PBI dashboard as well as the contribution to continuous process improvement, system implementation.
Major ResponsibilitiesMaintain contract list (rebate, commercial deals, pricing, tenders) to make sure it’s all up to dated, alert any expiring contracts to internal stakeholders Management of rebate/commercial deal process
- Ensure rebate/commercial deal calculation, accrual and revenue adjustment is aligned to latest contracts
- Ensure rebate/commercial deal system adjustment on time
- Ensure timely liaising with customer for rebate payment with accuracy
- Provide insightful contract performance reporting both internally and externally
- Be able to highlight contract performance issues with internal stakeholders for actions
Management of pricing process
- Create and maintain pricing master data to ensure all invoicing is accurate and consistent with the approved commercial policy
- Update product price changes in SAP on timely manner post new agreement execution or list price change
- Subject matter in pricing matters, be able to point of contact for all pricing queries
- Analyze pricing discrepancies and work with sales, customer service and external customers to solve the issues on a timely manner
- Ensure internal controls are designed and operationally effective in relation to the processing of pricing changes
- Being the custodian of pricing governance ensuring all discounts have the required approvals and manage the documentations
Ensure all documentations and approvals are in controlled environment Contact point for commercial deals for audits of SOPs relating to pricing, tender and commercial proposals Process improvement
- Proactively identify and address process gap and come up solutions for improvement
- Understand project management foundation and collaborate with key stakeholders to implement new initiatives
Opportunity to further develop in expanded commercial finance function including contract proposals, Dashboard development, business partnering and system implementation.Minimum Background/ Experience Required
- Minimum 3 years’ experience in commercial finance environment experiencing in financial modelling, contract and tender will be advantageous.
- Advanced in excel is a must and PBI skill will be advantageous
- Healthcare industry experience will be advantageous
- Experience in system implementation and PBI dashboard development will be advantageous
- Strong analytical mindset
- Strong attention to detail
- Excellent clear communication in verbal and written format
Education Bachelor of Commerce/Accounting/Finance. CPA or CA qualified preferred
The base pay for this position is
N/A
In specific locations, the pay range may vary from the range posted.
JOB FAMILY:Financial Planning and Analysis
DIVISION:AVD Vascular
LOCATION:Australia > Macquarie Park : 299 Lane Cove Road
ADDITIONAL LOCATIONS:
WORK SHIFT:Standard
TRAVEL:Not specified
MEDICAL SURVEILLANCE:Not Applicable
SIGNIFICANT WORK ACTIVITIES:Continuous sitting for prolonged periods (more than 2 consecutive hours in an 8 hour day)
Top Skills
What We Do
Abbott is a global healthcare leader that helps people live more fully at all stages of life. Our portfolio of life-changing technologies spans the spectrum of healthcare, with leading businesses and products in diagnostics, medical devices, nutritionals and branded generic medicines. Our 109,000 colleagues serve people in more than 160 countries.
