Associate - Commercial Contracts

Company: Disability Solutions
Location: Princeton
Posted on: February 1, 2025

Job Description:

Company DescriptionAt Dr. Reddy's "Good Health Can't Wait"By joining Dr. Reddy's, you will contribute to making the breakthroughs of tomorrow a reality today! From making medicines more affordable to discovering innovative treatment options to satisfy unmet medical needs, we are dedicated to helping people lead longer and healthier lives. We are seeking dynamic and energetic individuals ready to inspire, ready to make a difference for their community and every community. Diversity, Equity & Inclusion At Dr. Reddy's, we are deeply committed to building a diverse, equitable and inclusive workplace where everyone belongs and is valued for their contributions to the team. We are most interested in finding the best candidate for the role and are open to exploring candidates with a less traditional background. Job DescriptionWe are seeking an Associate Commercial Contracts in our Finance team to support commercial contracts with customers for sale of pharmaceutical products, and responsibilities as assigned in general finance. This role will be based in Princeton, NJ (hybrid work schedule) and will report to the Lead Associate Commercial Contracts Roles & Responsibilities

• Manage assigned accounts relating to commercial contracts for the SRx (Specialty Rx) business,
• Support assigned Rx accounts in addition to Specialty Accounts.
• Prepare and review contract documents for assigned accounts, such as: --- Terms and conditions --- Offer letters --- RFP/RFI (Request for Proposal/Request for Information) submissions --- Mass customer notices (WAC changes, discontinuations, etc.)
• Assist in contract negotiation and revision: --- with internal stakeholders (such as sales, marketing, management, legal, etc.). --- with external stakeholders (customers, etc.) to negotiate contract terms that align with Dr. Reddy's policies and business objectives.
• Maintain/update various databases in salesforce with updates on pricing and terms/conditions.
• Disseminate information to appropriate internal parties, as required.
• Coordinate conference calls with the sales team for open bid / contracts updates, and provide contract summaries.
• Load pricing in SAP/Vistex, as needed.
• Work closely with overseas finance team on system updates; price/rebate/fee loading; chargeback queries; address other queries, as they arise.
• Support the business teams in new streams of business and in other items that may arise.
• Backup credit review team to work with internal stakeholders to update and review credit limit blocks and adjustments for customers.
• Perform other duties, as assigned.QualificationsPreferred educational qualification: B.S. in Accounting/Finance preferred. Minimum work experience: 2-4+ years of pharmaceutical or other contracts review experience or general finance experience. Experience with drafting customer proposals, and experience reviewing business agreement/ financial terms and conditions review preferred.Skills & attributes:
  • Attention to detail in reviewing business documents and pricing in Microsoft Word.
  • Strong skills in Microsoft Excel.
  • Ability to quickly learn and use in house Bid management platform, embedded in Salesforce, as well as our enterprise management system, SAP, and Vistex, embedded in SAP.
  • Strong communication (verbal & written) & interpersonal skills.
  • Excellent problem solving, organization and analytical skills.
  • High attention to detail with proven ability to handle multiple projects/multi-task
  • Ability to meet aggressive deadlines.
  • Ability to adapt to a rapidly changing environment.*Must be a U.S. citizen or lawful permanent resident of U.S. or otherwise authorized to work in the U.S. without requiring sponsorship now or in the future.Additional InformationOur Work Culture Ask any employee at Dr. Reddy's why they come to work every day and they'll say, because Good Health Can't Wait. This is our credo as well as the guiding principle behind all our actions. We see healthcare solutions not only as scientific formulations, but as a means to help patients lead healthier lives, and we're always attuned to the new and the next to empower people to stay fit. And to do this, we foster a culture of empathy and dynamism. People are at the core of our journey over the last few decades. They have been supported by an enabling environment that buoys individual ability while fostering teamwork and shared success. We believe that when people with diverse skills are bound together by a common purpose and value system, they can make magic. Equal Opportunity Employer An Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, age, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against based on disability.For more details, please visit our career website at

Keywords: Disability Solutions, Cherry Hill , Associate - Commercial Contracts, Other , Princeton, New Jersey