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Medtronic, Inc.

Sr Contract Analyst

Medtronic, Inc. - Parsippany, NJ









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Financial Services


Sales / Business Development



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Job Details



Job Title

Sr Contract Analyst




Parsippany, NJ, 07054, USA


Sr Contract Analyst


Parsippany, New Jersey, United States

Requisition #:


Post Date:

9 hours ago

**Careers that Change Lives:**

Provide financial and business support to the Cardio Vascular Group (CVG) related to Pricing and Contracting activities. CVG is comprised of the Cardiac Rhythm Heart Failure, Structural Heart, Perfusion, Endovascular Innovations, Peripheral and Coronary businesses.

**A Day in the Life:**

Primary Objectives:

To provide analytic and operational support to the Field Sales Organization and Area Contract Manager for custom and standard product quotes, individual customer and GPO/IDN contracts and pricing strategies. Conduct other financial analysis to support pricing strategies as needed.

Responsibilities include:

Contract administration for the region in collaboration with the RFL, Area Contract Manager, and the Pricing Strategy Team. This includes executing on pricing strategies and analytics, strategy development in response to customer pricing requests and ensuring the pricing governance model is followed.

Provide pricing analysis.

Support RFL and DSS in negotiating pricing under parameters as set forth by management in conjunction with sales, legal and marketing for standard and custom products. Support pricing systems for disposable products and capital equipment.

Process customer quotation and bid requests in a timely manner in accordance with Medtronic pricing objectives, terms, and conditions.

Support RFL and DSS in negotiating pricing and contracts through sales force to meet Medtronic objectives. Support sales force with pricing strategy and rational behind corporate position to help facilitate positive outcomes in pricing discussions.

Execute and monitor negotiated contracts from implementation and to expiration to ensure that appropriate pricing is applied to sales orders.

Influence decisions made across CVG Departments and may represent pricing management at cross-functional meetings.

Track performance on rebate/compliance contracts. Analyze compliance and determine appropriate rebate and pricing strategies.

Support Customer Care, Credit Financial Services and other organizations to resolve pricing discrepancies and other related issues.

Understand key financial indicator’s impact on Medtronic Business, competition, and the marketplace. Utilize this knowledge to the benefit of the business. Understand how business strategies and tactics enhance opportunities to operate effectively. Understand and comply with all laws, regulations and/or company policies.

Maintain a point of view broader than current role. Consider the needs of the entire organization. Demonstrate global thinking in decision making.

Engage in special projects as assigned.

**Must Have: Minimum Requirements:**


Bachelor’s Degree


4 years of accounting, finance, contracts or business experience with a Bachelor’s Degree; 2 years of accounting, finance, contracts or business experience with an MBA

**Nice to Have:**

Bachelor’s Degree in Business, Finance, Econ, Math or Accounting

Sales support experience

High proficiency with Excel Spreadsheets, Business Objects, and SAP

Experience creating Excel documents, including spreadsheets, formulas, charts, graphs, and functions

Additional experience in sales, marketing, purchasing, healthcare or related areas desirable

Solid business acumen and judgment

Sound analytical skills, ability to manipulate and interpret data

Self-motivated and goal oriented

Tactful, exercises independent judgment and discretion

Ability to work in fast paced environment with high attention to detail

Strong relationship building, communication and interpersonal skills

Ability to function well in high-energy business environments


The physical demands described within the Responsibilities section of this job description are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

While performing the duties of this job, the employee is regularly required to be independently mobile. The employee is also required to interact with a computer, and communicate with peers and co-workers.

Travel may be required (10%).


Together, we can change healthcare worldwide. At Medtronic, we push the limits of what technology can do to help alleviate pain, restore health and extend life. We challenge ourselves and each other to make tomorrow better than yesterday. It is what makes this an exciting and rewarding place to be.

We can accelerate and advance our ability to create meaningful innovations - but we will only succeed with the right people on our team. Let’s work together to address universal healthcare needs and improve patients’ lives. Help us shape the future.


It is the policy of Medtronic to provide equal employment opportunity (EEO) to all persons regardless of age, color, national origin, citizenship status, physical or mental disability, race, religion, creed, gender, sex, sexual orientation, gender identity and/or expression, genetic information, marital status, status with regard to public assistance, veteran status, or any other characteristic protected by federal, state or local law. In addition, Medtronic will provide reasonable accommodations for qualified individuals with disabilities.

This employer participates in the federal E-Verify program to confirm the identity and employment authorization of all newly hired employees. For further information about the E-Verify program, please click here:

The above statements are intended to describe the general nature and level of work being performed by employees assigned to this classification. They are not intended to be construed as an exhaustive list of all responsibilities, duties and skills required of employees assigned to this position.

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11 days 17 hours ago

Medtronic, Inc.


Sr Contract Analyst Medtronic, Inc. - Parsippany, NJ, United States


Location: Parsippany, NJ

Company Profile:
Medtronic, Inc. manufactures and sells device-based medical therapies worldwide. The company operates in two segments, Cardiac and Vascular Group, and Restorative Therapies Group. The Cardiac and Vascular Group’s products include pacemakers; implantable defibrillators; leads and delivery systems; ablation products; electrophysiology catheters; products for the treatment of atrial fibrillation; information systems for the management of patients with cardiac rhythm disease management (CRDM) devices; coronary and peripheral stents and related delivery systems; therapies for uncontrolled hypertension; endovascular stent graft systems; heart valve replacement technologies; cardiac tissue ablation systems; and open heart and coronary bypass grafting surgical products. The Restorative Therapies Group offers products for various areas of the spine; bone graft substitutes; biologic products; trauma, implantable neurostimulation therapies, and drug delivery devices for the treatment of chronic pain, movement disorders, obsessive-compulsive disorder (OCD), overactive bladder, urinary retention, and fecal incontinence and gastroparesis; external insulin pumps; subcutaneous CGM systems; products to treat conditions of the ear, nose, and throat; and devices that incorporate advanced energy technology. It also manufactures and sells image-guided surgery and intra-operative imaging systems; and provides Web-based therapy management software solutions. The company serves hospitals, physicians, clinicians, and patients in approximately 140 countries. Medtronic, Inc. was founded in 1949 and is headquartered in Minneapolis, Minnesota.