Senior Business Analyst, Pricing and Contracts - Hybrid Role - Fridley, MN Preferred; Remote US[...]

Medtronic; Fridley (MN); Hybrid; USD 75,000 - 115,000; Full time

Job summary

An established industry player is seeking a Senior Business Analyst to provide critical analytic and operational support in a hybrid role. This position involves managing pricing strategies and contract administration, ensuring compliance, and collaborating with the Field Sales Organization. The ideal candidate will possess strong analytical and negotiation skills, with a solid understanding of financial analysis and contract management. Join a dynamic team dedicated to addressing the world's most pressing medical challenges and help drive impactful solutions that improve lives. If you thrive in a fast-paced environment and are ready to make a difference, this role is perfect for you.

Qualifications

• 4+ years in pricing strategy or contract administration required.
• Strong analytical skills and proficiency in Excel are essential.

Responsibilities

• Administer contracts and manage pricing requests and analysis.
• Support negotiations and ensure compliance with pricing objectives.

Skills

Pricing Strategy

Contract Administration

Financial Analysis

Analytical Skills

Communication Skills

Negotiation Skills

Project Management

Relationship Building

Education

Bachelor's Degree

Master's Degree

Tools

Excel Spreadsheets

Business Objects

SAP

Job description

Senior Business Analyst, Pricing and Contracts - Hybrid Role - Fridley, MN Preferred; Remote US Considered.

Senior Business Analyst, Pricing and Contracts - Hybrid Role - Fridley, MN Preferred; Remote US Considered.

We anticipate the application window for this opening will close on - 17 Apr 2025.

A Day in the Life

The Senior Business Analyst, Pricing and Contracts provides analytic, contracting, and operational support to the Field Sales Organization. This includes custom and standard product quotes for both individual and group customers.

Responsibilities:

• Contract administration for the US. This includes price requests, analysis, contract drafting and redlining, price loads, price quotes, system maintenance, compliance monitoring, business reviews, and price discrepancies.
• Support organization in negotiating pricing under parameters as set forth by management in conjunction with sales, legal and marketing for standard and custom products.
• Work directly with Field Sales Organization and Medtronic Customers.
• Process customer quotation and bid requests in a timely manner in accordance with Medtronic pricing objectives, terms, and conditions.
• Execute and monitor negotiated contracts from implementation to expiration to ensure that appropriate pricing is applied to sales orders.
• Track performance on rebate/compliance contracts.
• Support Customer Care, Credit Financial Services and other organizations to resolve pricing discrepancies and other related issues.
• Ability to manage projects with minimal direction to help organizational objectives.
• Understand how business strategies and tactics enhance opportunities to operate effectively. Understand and comply with all laws, regulations and/or company policies.
• Maintain a point of view broader than current role.
• Consider the needs of the entire organization.
• Engage in special projects as assigned.

This role is a hybrid position located in Fridley, Minnesota. Our first preference is for candidates in this area, though we will also consider remote applicants within the United States. If you are based in Minnesota, you must be able to meet the requirement of working on-site in a hybrid schedule.

Must Have: Minimum Requirements

• Bachelors degree required
• Minimum of 4 years of relevant experience in pricing strategy/negotiation, contract administration, or financial analysis, or advanced degree with a minimum of 2 years relevant experience in pricing strategy/negotiation, contract administration, or financial analysis.

Nice to Have

• Bachelor’s degree in Business, Accounting, Finance, Economics or Math
• High proficiency with Excel Spreadsheets, Business Objects, and SAP
• Experience creating Excel documents, including spreadsheets, formulas, charts, graphs, and functions.
• Additional experience in sales, marketing, purchasing, healthcare or related areas desirable.
• Solid business acumen and judgment.
• Sound analytical skills, ability to manipulate and interpret data.
• Self-motivated and goal oriented.
• Tactful, exercises independent judgment and discretion.
• Ability to work in fast paced environment with high attention to detail.
• Strong relationship building, communication and interpersonal skills.
• Ability to function well in high-energy business environments.
• Professional certification in contract management (e.g., CPCM, CFCM).
• Experience with contract management software or ERP systems.
• Excellent communication and negotiation abilities.

About Medtronic
We are a global leader in health technology and seek solutions for the world's most pressing medical challenges. Our mission to alleviate pain, restore health, and extend life unites a global team of over 95,000 passionate employees.