Associate Contract Analyst

ICU Medical; Toronto; On-site; CAD 55,000 - 75,000; Full time

Job summary

A global medical device company is seeking a Junior Contract Analyst in Toronto. This role focuses on managing and maintaining commercial price lists and contract systems while enforcing pricing guidelines. Candidates should possess strong analytical and problem-solving skills, advanced MS Excel proficiency, and relevant educational qualifications. The position requires at least two years of contract experience, preferably in medical manufacturing. A proactive and organized approach is essential, along with the ability to manage multiple tasks in a professional office environment.

Qualifications

• Bachelor’s or Associates degree in Business Administration or related field required.
• Two to four years of contract experience required, experience in medical manufacturing is a plus.
• Ability to manage multiple priorities and deadlines.

Responsibilities

• Create and maintain commercial price lists.
• Enforce pricing guidelines and generate Margin Analysis.
• Update and maintain the Model N contract system.

Skills

Analytical skills

Problem-solving skills

Knowledge of Model N

Advanced MS Excel

Ability to manage multiple priorities

Education

Bachelor's or Associates degree in Business Administration

Job description

The Junior Contract Analyst is responsible for the creation & maintenance of commercial price lists.

• Enforces established pricing guidelines and generation of Margin Analysis for internal review & approvals
• Update and maintain the Model N contract system as required (i.e., new, amendments, etc.)
• Provide data and/or analytics for assigned regions and contracts
• Communicates price changes, renewals and price list extensions to marketing, field sales and trading partners as appropriate
• Support incoming Trading Partner & ICU Medical associate contracting requests or questions
• Manage & Execute Chargeback process with Trading Partners
• Applies tier changes, membership adds/deletes and address updates
• Collaborate with accounts receivable department to resolve billing discrepancies pursuant to contractual terms and conditions
• Review contracts for signature
• Create price lists and membership lists to include in standard contract templates
• Collaborate with Membership in tying of accounts to execute commercial contracts
• Collaborate on relevant project teams and work groups
• Provide support for process improvement, standardization or strategic initiatives
• Work on special projects as assigned

Knowledge & Skills

• Ability to independently identify, research and resolve issues
• Demonstrated ability to manage multiple priorities and deadlines
• Strong analytical and problem-solving skills, demonstrated ability to gather, understand and evaluate information from various sources; establishes links between sources of data, draws logical conclusions and provides appropriate options, recommendations and wise decisions in a timely manner
• Knowledge & Experience with Model N
• Advanced MS Excel required
• Prior experience with contract management in Medical Device preferred
• Prior experience working with Third Party Trading Partners & Distributors, in Contract Management, preferred

Minimum Qualifications, Education & Experience

• Must be at least 18 years of age
• Bachelor’s or Associates degree in Business Administration or a related field of study OR two to four years of contract experience required (experience in medical manufacturing a plus)
• One office day a week minimum
• This is largely a sedentary role.
• This job operates in a professional office environment and routinely uses standard office equipment.

About Us

ICU Medical has consistently provided you with clinical innovations that help solve real-world challenges.

With the acquisition of Hospira Infusion Systems in 2017 and Smiths Medical in 2022, we are now a global market leader with a complete line of clinically-essential IV therapy and high-value critical care products for hospital, alternate site, and home care settings.

We're ready to bring you consistent quality, innovation, and value in more areas than ever. Our focus allows us to bring you:

• Dedicated and non-dedicated IV sets and needlefree connectors clinically proven to provide an effective barrier against bacterial transfer and colonization.
• The industry’s broadest IV smart pump offering covering large volume, pain management, and ambulatory needs.
• IV medication safety software providing full IV-EHR interoperability with the highest customer satisfaction and compatibility with more EHR systems than any other company.
• Significant US IV solutions manufacturing and supply capabilities.

ICU Medical EEO Statement:

ICU Medical is committed to being an Equal Opportunity Employer. We ensure that all qualified applicants receive fair consideration for employment regardless of race, color, nationality or national origin, ethnicity, sex, gender, religion or belief, marital or civil partnership status, sexual orientation, pregnancy or maternity, age, disability, or protected veteran status.

If you are an individual with a disability and need reasonable accommodation to participate in the employment selection process, please contact us at [e-mail]. We are committed to providing equal access and opportunities for all candidates.