Commercial Ops Analyst

301055 Fenwal, Inc.; Lake Zurich (IL); Hybrid; USD 55,000 - 65,000; Full time

Benefits offered by this job

Medical coverage

Dental coverage

Vision coverage

Life insurance

Disability insurance

401K with company contribution

Wellness program

Job summary

Fresenius Kabi in Lake Zurich, IL is seeking a Commercial Ops Analyst to prepare, analyze, and revise contracts for medical devices and related products. The role administers pricing, compliance, rebates, and reporting in a hybrid onsite setting (3 days/week in the Lake Zurich office).

You will collaborate with Commercial, Finance, and Legal teams, manage customer-specific pricing, maintain contract files, and ensure timely document preparation and reporting.

Qualifications

• Bachelor’s degree in a related discipline preferred or equivalent work experience.
• 3 years’ experience developing customer contracts and administering customer pricing (or related activity) within an Enterprise application environment.
• Excellent organizational and analytical skills, attention to detail, and ability to multitask in a fast-paced deadline driven environment.
• Strong written/verbal communication and interpersonal skills.
• Knowledge of Medical Device products and Government contract/pricing experience is a plus.
• English proficiency required for policies and communications in a regulated environment.

Responsibilities

• Prepare thorough and accurate customer contracts, amendments, notices, price letters and quotes ensuring department processes are followed end-to-end.
• Facilitate cross-functional discussions for non-standard contract elements and customer redline requests.
• Work cross-functionally with the Commercial, Finance, and Legal teams on contract development, administration, compliance, and reporting.
• Administer customer-specific pricing and resolve customer pricing disputes.
• Maintain applicable files and/or databases for each contract which include the fully executed contract, historical contract versions, all approvals, changes/deviations, amendments, notices, manual billings, and rebate/admin fee payments.
• Manage contract expirations and administer customer contracts to ensure all deadlines and conditions described in the contract are met including, but not limited to, payment of admin fees and or rebates, processing of manual billings, and implementation of annual CPI or other price increases.
• Ensure the Med Device’s ERP System accurately reflects customer specific contractual elements related to payment terms, customer pricing, surcharges, discount, freight and minimum order charge condition records.
• Facilitate the processing of hardware orders and returns.
• Achieve established turn‑around‑time goals for document preparation and compliance obligations.
• Prepare and distribute ad hoc sales and management reports.
• Identify and support the implementation of process improvements in Commercial Operations.
• All employees are responsible for ensuring the compliance to company documents, programs and activities related to the Health, Safety, Environment, Energy, and Quality Management Systems, as per your roles and responsibilities.

Skills

Pricing management

Contract administration

Analytical skills

Cross-functional communication

MS Word

MS Excel

Team collaboration

Education

Bachelor's degree in related discipline

Tools

SAP

Vistex

Job description

Job Summary

The Commercial Ops Analyst is responsible for preparing, analyzing, and revising contracts that involve the sale of medical devices and related products. Administer all aspects of the contract, including pricing, compliance, rebates, and reporting. This is a hybrid position, and the selected candidate will be required to work onsite in the Lake Zurich, Illinois office 3 days a week.

Salary Range

$55,000 - $65,000 per year. Final pay determinations will depend on various factors, including, but not limited to experience level, education, knowledge, skills, and abilities.

Benefits

Our benefits and programs are comprehensive and thoughtfully crafted to ensure our colleagues live healthy lives and have support when it matters most.

Responsibilities

• Prepare thorough and accurate customer contracts, amendments, notices, price letters and quotes ensuring department processes are followed end-to-end.
• Facilitate cross-functional discussions for non-standard contract elements and customer redline requests.
• Work cross-functionally with the Commercial, Finance, and Legal teams on contract development, administration, compliance, and reporting.
• Administer customer-specific pricing and resolve customer pricing disputes.
• Maintain applicable files and/or databases for each contract which include the fully executed contract, historical contract versions, all approvals, changes/deviations, amendments, notices, manual billings, and rebate/admin fee payments.
• Manage contract expirations and administer customer contracts to ensure all deadlines and conditions described in the contract are met including, but not limited to, payment of admin fees and or rebates, processing of manual billings, and implementation of annual CPI or other price increases.
• Ensure the Med Device’s ERP System accurately reflects customer specific contractual elements related to payment terms, customer pricing, surcharges, discount, freight and minimum order charge condition records.
• Facilitate the processing of hardware orders and returns.
• Achieve established turn‑around‑time goals for document preparation and compliance obligations.
• Prepare and distribute ad hoc sales and management reports.
• Identify and support the implementation of process improvements in Commercial Operations.
• All employees are responsible for ensuring the compliance to company documents, programs and activities related to the Health, Safety, Environment, Energy, and Quality Management Systems, as per your roles and responsibilities.

Requirements

• Bachelor’s degree in a related discipline preferred or equivalent work experience.
• 3 years’ experience developing customer contracts and administering customer pricing (or related activity) within an Enterprise application environment.
• Excellent organizational and analytical skills, attention to detail, and ability to multitask in a fast-paced deadline driven environment.
• Strong written/verbal communication and interpersonal skills.
• Working knowledge of SAP (or other Enterprise system) with an understanding of maintaining master data relative to pricing; working knowledge of Vistex is a plus.
• Team player with ability to interact effectively cross-functionally and with all levels of management.
• Intermediate knowledge of MS Word and Excel.
• High level of learning aptitude.
• Knowledge of Medical Device products and Government contract/pricing experience is a plus.
• The Company’s primary business language is English. The successful candidate must be able to effectively speak, read, write, and understand English to perform the essential functions of the position, including independently understanding policies, procedures, training materials, and workplace communications written in English due to our heavily regulated work environment.

Additional Information

We offer an excellent salary and benefits package including medical, dental and vision coverage, as well as life insurance, disability, 401K with company contribution, and wellness program.

Please note that joining our team does not create a guaranteed or permanent employment arrangement. All employment is at‑will, meaning both the employee and Fresenius Kabi have the right to end the employment relationship at any time, in accordance with applicable federal and state laws.

Fresenius Kabi is an Equal Opportunity/Affirmative Action employer.

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, citizenship, immigration status, disabilities, or protected veteran status.

Fresenius Kabi is a global health care company that specializes in injectable medicines, biosimilars, and technologies for infusion, transfusion, and clinical nutrition. Our expansive portfolio of products and global network of science and manufacturing centers provide essential support for the care of critical and chronically ill patients. With more than 41,000 employees worldwide, our dedicated team is united by our shared purpose: to put lifesaving medicines and technologies in the hands of people who care for patients – and to find answers to the challenges they face. We call this purpose caring for life. Our U.S. headquarters is in Lake Zurich, Illinois and the company’s global headquarters is in Bad Homburg, Germany. To learn more, visit http://bit.ly/3KdaGJr