Associate - Commercial Contracts

Company Description

At 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 Description

At 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.

Commercial Contracts Associate - Princeton, NJ (Currently 3 Days in office hybrid)

This is a multi-faceted role with responsibilities surrounding (1) commercial contracts with customers for sale of pharmaceutical products, while also supporting (2) general finance. 

Essential Responsibilities:

• • Commercial Contracts:
    Under the direction of the Director, Commercial Contracts:
    • Manage assigned accounts relating to commercial contracts for Generic (Rx) business,
    • Support assigned Specialty Rx (SRx) and Over-the-counter (OTC) accounts in addition to Rx 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.) 
      • Other ad/hoc requests as they may arise
    • 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.
    • Perform other duties, as assigned.
  • Finance:
    Under the direction of the VP, Finance:
    • Serve as backup for credit review team to work with internal stakeholders to update and review credit limit blocks and adjustments for customers.
    • Perform other duties, as assigned.

Qualifications

Preferred educational qualification: B.S. in Accounting/Finance preferred.  

Minimum work experience:  4+ years of pharmaceutical pricing and contracts experience required.  Experience working on customer Requests for Pricing (RFP’s), drafting customer proposals and price changes, and experience reviewing business agreement/ financial terms and conditions review strongly 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