Strategic Contract & Pricing Specialist

Terumo Cardiovascular Group; Franklin Township (NJ); On-site; USD 60,000 - 90,000; Full time

Job summary

Terumo Medical Corporation is seeking a contracts-focused professional in New Jersey to draft, review and manage complex contract terms, pricing, rebates, and data for GPOs and IDNs. This role ensures compliance with QA and regulatory standards while supporting RFI/RFP processes and sales reporting.

Responsibilities include maintaining master data in SAP, handling rebate schedules, ARIBA submissions, price lists, and continuous process improvements across pricing and contracting workflows.

Responsibilities

• Draft, review and understand contract terms; revise for business language prior to Legal review.
• Read terms to adjudicate accurate pricing, rebates and fees.
• Maintain GPO membership database via LOC administration and share data internally.
• Investigate pricing discrepancies and determine root causes for resolution and improvement.
• Review rebills requests created by Contract Administrator.
• Manage incentive rebate processes for assigned regions: calculate, set up payments, and ARIBA submissions.
• Audit rebates and prepare monthly, quarterly, and annual rebate reports.
• Prepare monthly, quarterly, and annual sales reports for assigned accounts.
• Assist in managing IDN; support RFI and RFP processes.
• Update contractual price lists timely; maintain customer master data in SAP (MDG).
• Oversee price expiration notices and ensure timely responses; monitor pricing emails and systems.
• Develop SOPs, perform regional price audits, and maintain SharePoint intranet; seek process improvements.
• Demonstrate commitment to patient safety and product quality per Terumo QA requirements.

Job description

Terumo Medical Corporation is seeking a contracts-focused professional in New Jersey to draft, review and manage complex contract terms, pricing, rebates, and data for GPOs and IDNs. This role ensures compliance with QA and regulatory standards while supporting RFI/RFP processes and sales reporting.

Responsibilities include maintaining master data in SAP, handling rebate schedules, ARIBA submissions, price lists, and continuous process improvements across pricing and contracting workflows.