Contract Analyst
16 days ago
Florham Park
Job DescriptionSalary: Role Overview The Contracts Analyst will be responsible for drafting, reviewing, negotiating, and managing a wide range of commercial contracts critical to the operations of a generic pharmaceutical company. This role ensures that agreements are accurate, compliant, and aligned with corporate objectives, while minimizing risk and supporting revenue growth. The position requires strong attention to detail, knowledge of pharmaceutical industry standards, and the ability to collaborate across departments including Sales, Finance, Pricing, Regulatory, Supply Chain, and Legal. Primary Duties & Responsibilities • Draft, review, and negotiate commercial agreements including customer supply contracts, distribution agreements, group purchasing organization (GPO) agreements, wholesaler contracts, vendor agreements, and confidentiality agreements., • Build, maintain and manage the companys contract database, ensuring accurate tracking of contract terms, expirations, renewals, and obligations., • Collaborate with Finance and Commercial teams to analyze pricing, FTS, rebates, and chargeback provisions in contracts, ensuring compliance with government price reporting requirements., • Support Legal in ensuring all contracts comply with applicable laws, regulations, and company policies., • Provide timely contract summaries and key term analyses to stakeholders., • Identify risks, recommend mitigation strategies, and escalate issues where necessary., • Support audits, due diligence activities, and contract-related inquiries., • Work closely with Sales/Pricing to align supply commitments with contractual obligations. Innovation, entrepreneurial attitude, customer orientation, team leadership, adaptability/flexibility, results-oriented, control of budgets/costs, Self-development. Requirements and personal skills • Bachelors degree in Business, Legal Studies, Finance, or related field., • 25 years of experience in contract management, preferably in the pharmaceutical, biotech, or healthcare industry., • Familiarity with pharmaceutical distribution models, GPOs, and wholesaler relationships., • Strong analytical, organizational, and communication skills., • Proficiency with contract management systems and MS Office Suite. This job operates in a remotely in a professional environment. This role routinely uses standard office equipment such as computers, phones, printers, etc. Position Type and Expected Hours of Work: This is a full-time position, hybrid work model. Days and hours of work are Monday through Friday, 9:00 a.m. to 5 p.m. The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. The employee: • Is required to interact with internal and external contacts independently., • Is regularly required to talk or hear either in person or over a dial tone phone, as well as a mobile phone, when applicable., • Is often required to stand, walk, bend, lift, or sit., • Is required to occasionally lift office products and supplies, up to 40 lbs., • Is desk-based and may be sitting for long periods of time., • Must regularly use fingers and hands for fine manipulation: typing, writing, using hand-held device (iPad, laptop, cell phone, keyboard, printer), • Must communicate clearly: phone calls, emails, in-person conversations., • Must possess ability to make sound decisions, process complex information, manage multiple tasks simultaneously, model behavior for other employees, and other cognitive functions.