Contracts & Pricing Manager

Abbott is a global healthcare leader that helps people live more fully at all stages of life. Our portfolio of life-changing technologies spans the spectrum of healthcare, with leading businesses and products in diagnostics, medical devices, nutritionals and branded generic medicines. Our 114,000 colleagues serve people in more than 160 countries.

At Abbott Molecular, we realize the potential of personalized care as the laboratory’s most trusted and preferred source for molecular diagnostic solutions. We are a division of Abbott Laboratories, a global, diversified healthcare innovator with a legacy of pioneering work in medical diagnostics.

Our location in Des Plaines, IL currently has an opportunity for a Contracts& Pricing Manager. In this role you will manage pricing and contracting for all assigned customers in an accurate manner, adhering to deadlines. Analyze, interpret and implement customer pricing contracts timely to ensure accurate pricing for customers. Ensure compliance in contracting and pricing to ethical procedures. Provide cross-functional support to develop and drive sound contracting and pricing strategies. Lead and influence both with and without direct authority.

Position Responsibilities:

• Ensure compliance relative to contracting and pricing contracts against departmental Office of Ethics and Compliance (OEC) procedures.
• Manage and develop contracting and pricing strategies as well as the review and implementation of contract paperwork within a defined market segment.
• Work cross-functionally to resolve problems and accomplish goals.
• Act as a consultant and subject matter expert (SME) relative to customer contract language, terms and conditions.
• Perform customer pricing audits/reviews.
• Facilitate and implement new customer set up requirements regarding pricing structure.
• Respond to requests from Sales team and other internal customers to review/correct pricing concerns in a timely manner; measured by resolution rate.
• Participate in process improvement initiatives, utilizing experience to suggest means for improving operational efficiency and effectiveness.
• Responsible for associated administrative tasks.
• Travel up to 10% of the time both domestically and internationally by any means necessary to support organizational goals.
• Understand and comply with applicable EHS policies, procedures and guidelines.

Accountability/Scope/Budge

• 1. implementation of strategy, scope, process and programs related to contracting and pricing.
• 2. providing significant and positive impact to short-term, mid-range and long-term organizational goals.
• 3. demonstrating continual improvement in matters concerning contracting and pricing.
• 4. creating a work environment that supports cross-functional team effectiveness.

Required Qualifications:

• Bachelor’s degree or equivalent relevant experience required.
• 7+ years of applicable experience, knowledge of and ability to apply contracting and pricing strategies to business-specific operations.
• Ability to understand the organization's strategy and translate this into day-to-day contracting and pricing activities.
• Experience working with sales or in a sales environment.
• Ability to facilitate interpretation and understanding of data, identify risks, develop recommendations and implement solutions.
• Ability to build, maintain and develop professional relationships and partnerships within and outside of the immediate work environment.
• Ability to consistently provide clear and concise written and verbal communication, excellent presentation skills.
• Analytical and critical thinking skills; problem-solving skills.
• Ability or aptitude to utilize computer software applications to complete tasks.
• Ability to consistently provide clear and concise written and verbal communication.
• Attention to detail and organizational skills to manage input from multiple workflows.
• Microsoft Office proficiency: Outlook, Excel, Word, PowerPoint, required.
• Experience with contract language, including redlining preferred.
• Ability or aptitude to utilize computer software applications to complete tasks.
• Understanding of legal risk versus business risk.
• Requires high levels of competence, confidence, and self-motivation.

PREFERRED

• Strong negotiation skills preferred.

WHAT WE OFFER

At Abbott, you can have a good job that can grow into a great career. We offer:

• Training and career development, with onboarding programs for new employees and tuition assistance
• Financial security through competitive compensation, incentives and retirement plans

• Health care and well-being programs including medical, dental, vision, wellness and occupational health programs.
• Paid time off
• 401(k) retirement savings with a generous company match
• The stability of a company with a record of strong financial performance and history of being actively involved in local communities.

Learn more about our health and wellness benefits, which provide the security to help you and your family live full lives: www.abbottbenefits.com

Follow your career aspirations to Abbott for diverse opportunities with a company that can help you build your future and live your best life. Abbott is an Equal Opportunity Employer, committed to employee diversity.

Connect with us at www.abbott.com, on Facebook at www.facebook.com/Abbott and on Twitter @AbbottNews and @AbbottGlobal.

The base pay for this position is $95,000.00 – $190,000.00. In specific locations, the pay range may vary from the range posted.