Commercial Analyst

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)