Pricing & Contract Administration Analyst

At STERIS, we help our Customers create a healthier and safer world by providing innovative healthcare and life science product and service solutions around the globe.

Position Summary

The Pricing and Contract Administration Analyst is responsible for implementation and accuracy of pricing for all US, Canada, and International (Asia Pacific and Latin America) Dealer Customers within the Healthcare business unit.

 

This position is also responsible for execution of pricing and terms for all Healthcare GPO and IDN agreements, as well as GPO Customer alignments. Role provides support and information to STERIS Senior Management, Corporate Accounts, Sales, Marketing, Customer Operations, and Redistribution and is the corporate point of contact for all pricing and contract inquiries. Analyst must have a working knowledge of healthcare contracts, purchasing groups, distributors, and healthcare industry changes, and can proactively identify opportunities to enhance STERIS pricing systems to meet evolving needs of the business.

This is a hybrid position after training. Our analyst must be local to our Mentor OH, Plymouth MN, or Birmingham AL facility. The structure is 2 days in the office, 3 days work from home.

Duties

• Corporate based point of contact for GPO and IDN Customers, Sales team, Corporate Account Directors, Customer Service and Redistribution for all inquiries related to Customer contract alignment, contract/pricing policies, price inquiries, or other contract terms & conditions.  Extensive direct contact with all STERIS Corporation including US Healthcare and International (Asia Pacific and Latin America) Dealer customer base.
• Review all pricing requests to ensure compliance with STERIS pricing policies and compliance with existing contracts.
• Administer contract maintenance in Oracle Advanced Pricing module; ensure all contracts, approvals, price files, tier change requests, and other documentation is maintained per department standards and readily accessible by approved team.
• Complete monthly and quarterly administrative fee and contract rebate payments ($25M average in administrative fees/customer rebates processed and paid annually) and reporting per contractual requirements.  Review reports for accuracy and trends and submit payment requests through iProcurement.
• Develop procedures and controls to ensure price and freight term accuracy as well as GPO member alignments and administrative fees to mitigate audit risk.
• Create ad hoc reports and utilize STERIS information systems, including Cognos, to support pricing and contract data needs of STERIS Senior Management, Corporate Accounts, Redistribution, Sales, Marketing, Government and Customer Service.  Reporting needs include sales histories, contract pricing, margin analysis, terms and conditions, membership alignments, and tier qualification.
• Provide recommendations and subject matter expertise to support proposed special pricing situations, promotions, and ability to implement.
• Collaborate with STERIS Information Technologies to develop solutions to support STERIS special pricing and contract initiatives.

Duties - cont'd

• Work closely with Marketing and Redistribution to maintain STERIS Healthcare and Distributor price lists:  add newly launched products, remove obsolete products, and participate in processes outlined in STERIS Price Calendar.
• Responsible for training the Pricing & Contract Administration Coordinator.
• Propose modifications to processes and systems to gain efficiencies and meet evolving needs of the business.  Own the change process from start to finish, including submission of system change requests, testing, and re-training team.  Attend monthly SCR meetings and provide updates.
• Proactively identify opportunities to enhance STERIS pricing systems to meet evolving needs of the business based upon knowledge of healthcare contracts, purchasing groups, and changes in the healthcare industry.
• Coordinate and participate in special projects.
• Manage multiple GPO Portal requests including tier changes, alignments, contract/pricing confirmations. (On average 30,000 requests per month/360,000 requests per year)
• Support acquisitions/integrations including data validation, testing, and post go-live alignments.
• Responsible for pricing team’s shared inbox; including, requests from internal and external customers. (On average 50-75 requests per day)
• Perform all necessary investigation to resolve each pricing request; including but not limited to running multiple Cognos reports while utilizing Excel functions, and initiating approval requests with STERIS Senior Management, Product Managers, Corporate Accounts, Redistribution, Sales, Marketing, Government and Customer Service.

Education Deg