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Associate - Commercial Contracts

Full-time Associate

Job Overview

We are seeking an Associate, Commercial Contracts in our Finance team. This is a multi-faceted role with responsibilities surrounding (1) commercial contracts operations with customers for sale of pharmaceutical products, while also supporting (2) general finance. 

The role will be based in Princeton, NJ (Hybrid - 4 days in office) and will report to Director of Commercial Contracts

Responsibilities:

Commercial Contracts:

  • Manage commercial contracts operations for assigned accounts in Dr. Reddy’s Generic (Rx) business, Specialty Rx (SRx) and Over-The-Counter (OTC) divisions
  • Prepare, review, and generate contract operations documents for assigned accounts, such as:
    • Offer letters (Product Proposals, Pricing Adjustments)
    • RFP/RFI (Request for Proposal/Request for Information) submissions
    • Mass customer notices (WAC changes, discontinuations) 
    • Review Terms and Conditions
    • Other ad/hoc requests as they may arise
  • Assist in contract negotiations alongside Director of Commercial Contracts for Offers and Agreements to negotiate contractual terms that align with Dr. Reddy's policies and business objectives, both:
    • With internal cross-functional teams such as Sales, Marketing, Management, and Legal
    • Externally with Customers 
  • Maintain/update various databases in Salesforce with updates on pricing and terms/conditions.
  • Coordinate conference calls with the sales team for open bid / contracts updates and provide contract summaries
  • Work closely with overseas finance team on system updates; price/rebate/fee loading; chargeback queries, addressing other queries as they arise
  • Load pricing in SAP/Vistex as needed
  • Disseminate information to appropriate internal parties as required
  • Develop improvements in both Commercial Contracts and Finance to improve savings and efficiency
  • Support the business teams in new streams of business and in other items that may arise
  • Perform other duties, as assigned

Finance:

  • Support credit review team to work with internal stakeholders to update and review credit limit order blocks and adjustments for customers
  • Perform other duties, as assigned

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