What are the responsibilities and job description for the Pricing Analyst, Corporate Accounts position at Alphatec Spine?
Pricing Analyst, Corporate Accounts, will be responsible for customer specific pricing strategy recommendations, customer contract analysis, and company-wide pricing analytics and reporting. Your role as Pricing Analyst is to drive and prepare detailed pricing analyses, participate and lead strategic projects and optimize existing processes.
Essential Duties And Responsibilities
The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
ATEC is committed to providing equal employment opportunities to its employees and applicants without regard to race, color, religion, national origin, age, sex, sexual orientation, gender identity, gender expression, or any other protected status in accordance with all applicable federal, state or local laws. Further, ATEC will make reasonable accommodations that are necessary to comply with disability discrimination laws.
Salary Range
Alphatec Spine, Inc. complies with state and federal wage and hour laws and compensation depends upon candidate's qualifications, education, skill set, years of experience, and internal equity. $77,000 to $87,000 Full-Time Annual Salary Range
Essential Duties And Responsibilities
- Analyze and model pricing scenarios for Requests for Proposals (RFPs) across national Group Purchasing Organizations (GPOs), Integrated Delivery Networks (IDNs), government entities, key accounts, distributors, and other customer segments
- Provides analytics and recommendations to support contract and pricing strategic planning, provides rationale for pricing approvals and recommended course of action to ensure maximization of profitability.
- Work closely with Corporate Accounts Team to support day to day account activities including RFPs and contract amendments
- Create and support the maintenance of analytical tools and systems utilized to guide pricing decisions
- Lead strategic pricing analytic projects and optimization of existing processes
- Works with cross functional teams and leaders in the organization to develop, implement and administer processes, procedure and policies to increase overall productivity, efficiency and accuracy for new product launches and pricing initiatives.
- Build and operate financial models to report, assess and communicate customer performance
- Recommend actions for critical business issues through ad-hoc analyses and insights
- Creates business review packets summarizing sales history, contract terms, opportunities for contract optimization and price improvements as well as including recommendations for contract compliance opportunities.
- Track growth opportunities including vendor consolidation execution and reporting for hospital and surgeon conversion campaigns and initiatives.
- Support and manage product additions including but not limited to NPI
- Manage customer accounts including customer price files to avoid pricing discrepancies
- Work closely with the field sales team on payment approvals and investigate payment discrepancies
- Monitor pricing team inbox and Pricing Queue; research and problem solve to resolve questions from field sales team and customers
- Interacts and collaborates with Finance and Accounting to ensure proper billing, commission reductions, credit memos, and admin fee and rebate accruals as well as providing audit support
- Available during each month end to work through all pricing challenges with cross functional leaders to ensure all orders on pricing hold are released for revenue recognition
- Performs other duties as assigned
The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
- Strong critical thinking, investigative and organizational skills
- Ability to prioritize and complete tasks efficiently
- Strong mathematical, analytical and reasoning skills as well as the ability to create and summarize complex pricing models by providing assessments, recommendations and innovative solutions.
- Works independently with a high degree of accuracy to meet deadlines
- Demonstrated ability to make effective decisions and to challenge the status quo
- Ability to assess opportunities, recommend actions and create best practices
- Outstanding communication and interpersonal skills
- Proficiency in Microsoft Office platform products (Excel, Access, Outlook, PowerPoint, Word)
- Minimum 3 years of experience executing complex analyses
- Bachelor's Degree in Business, Economics, Finance, or equivalent required, MBA preferred
ATEC is committed to providing equal employment opportunities to its employees and applicants without regard to race, color, religion, national origin, age, sex, sexual orientation, gender identity, gender expression, or any other protected status in accordance with all applicable federal, state or local laws. Further, ATEC will make reasonable accommodations that are necessary to comply with disability discrimination laws.
Salary Range
Alphatec Spine, Inc. complies with state and federal wage and hour laws and compensation depends upon candidate's qualifications, education, skill set, years of experience, and internal equity. $77,000 to $87,000 Full-Time Annual Salary Range
Salary : $77,000 - $87,000
