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Lead Associate - Commercial Contracts

Dr Reddy's Laboratories Limited
Princeton, NJ Full Time
POSTED ON 1/14/2025
AVAILABLE BEFORE 3/14/2025

Company Description

At Dr. Reddy's "Good Health Can't Wait"

By joining Dr. Reddy’s, you will contribute to making the breakthroughs of tomorrow a reality today! From making medicines more affordable to discovering innovative treatment options to satisfy unmet medical needs, we are dedicated to helping people lead longer and healthier lives. We are seeking dynamic and energetic individuals ready to inspire, ready to make a difference for their community and every community.

Diversity, Equity & Inclusion
At Dr. Reddy’s, we are deeply committed to building a diverse, equitable and inclusive workplace where everyone belongs and is valued for their contributions to the team.  We are most interested in finding the best candidate for the role and are open to exploring candidates with a less traditional background. 

Job Description

We are seeking a Manager / Lead Associate Commercial Contracts in our Finance team to partner and support our North America's Rx, SRx and OTC business teams in contract negotiations, product launches, securing and maintaining business. Incumbent will ensure successful management of contracts for specific assigned customer accounts.

This role (with hybrid work schedule) will report to the Team Lead Commercial Contracts 

Responsibilities

  • Draft/redline all necessary agreements, amendments, and proposals. Work directly with clients, and internal cross functional groups, to develop, amend, review, and analyze contracts.
  • Preparation and timely submission of RFPs, ensuring little to no delay in Pricing or Contract Setup.
  • Provide advice to the commercial processing teams (timely response on chargeback inquiries; rebate questions; contracting questions; etc.)
  • Participate in customer calls with sales to facilitate contract negotiations, review and signing of customer offers.
  • Assist the business in carrying out various initiatives such as product launches, price reductions/increases, proposals, and other customer related communications.
  • Draft language for new/different scenarios for legal review, wherever required. Report on various items such as terms, and bids.
  • Trade Show management from contracts.
  • Review of terms & conditions of customer accounts assigned to direct reports
  • Follow established business processes and compliance
  • Work on projects as assigned
  • Manage work of the assigned direct reportee
                     

Qualifications

Educational qualification: Bachelor’s degree in business / finance or related field 

Minimum work experience:  3-6 years of commercial contracts experience

Knowledge of US Generics pharmaceutical industry commercial contracts

Skills & attributes:

  • Strong interpersonal skills with ability to manage multiple business initiatives and cross functional relationships
  • Excellent organizational skills
  • High attention to detail with proven ability to handle multiple projects
  • Ability to prioritize and meet deadlines
  • Strong communication skills (Verbal and written)

*Must be a U.S. citizen or lawful permanent resident of U.S. or otherwise authorized to work in the U.S. without requiring sponsorship now or in the future.

Additional Information

Our Work Culture
Ask any employee at Dr. Reddy’s why they come to work every day and they’ll say, because Good Health Can’t Wait. This is our credo as well as the guiding principle behind all our actions. We see healthcare solutions not only as scientific formulations, but as a means to help patients lead healthier lives, and we’re always attuned to the new and the next to empower people to stay fit. And to do this, we foster a culture of empathy and dynamism. People are at the core of our journey over the last few decades. They have been supported by an enabling environment that buoys individual ability while fostering teamwork and shared success. We believe that when people with diverse skills are bound together by a common purpose and value system, they can make magic.
 
Equal Opportunity Employer
An Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, age, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against based on disability.

For more details, please visit our career website at https://careers.drreddys.com/#!/ 

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