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Contract Analyst II

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At Owens & Minor, we are a critical part of the healthcare process. As a Fortune 500 company with 350+ facilities across the US and 22,000 teammates in over 90 countries, we provide integrated technologies, products and services across the full continuum of care. Customers—and their patients—are at the heart of what we do.

Our mission is to empower our customers to advance healthcare, and our success starts with our teammates.

Owens & Minor teammate benefits include:

Medical, dental, and vision insurance, available on first working day
401(k), eligibility after one year of service
Employee stock purchase plan
Tuition reimbursement

Supports customers by managing contract information, researching questions, and resolving complex pricing/rebate issues between the Corporate Contracts/Rebates department, vendors, customers, and the Owens & Minor (O&M) sales force. Informs customers of standard price change notification as well as communication and follow-up of expiring contracts. Maintains knowledge of the systems that support these activities and recommends changes to these systems. Works closely with Pricing and Margin Analysts on margin initiatives. Effectively works with all levels of sales and operational management and corporate management.

Responsibilities include:

Analyzes contract audit reports; reviews expiring contract communications from Corporate for possible errors or potential pricing/rebate issues; notifies Customers and Sales Reps as appropriate. This may include running periodic price-book information for the customer.
Analyzes and researches complex pricing and rebate issues; accountable for appropriate resolution of rebate denials; if customer/field documentation or involvement is necessary to support rebates claimed, communicates to management as necessary; problem resolution may involve direct communication with the customer and negotiation with vendors; determines appropriate action required and ensures the correct team takes the appropriate action
Proactively resolves replacements of expiring contracts and customer Group Purchasing Organization (GPO)/tier eligibility documentation that could not be resolved by the corporate team.
Reviews credit/rebill activity to correct overcharges and denied rebates; reviews and approves pass through credits due to contract pricing issues; loads “bill-only” contracts as necessary for credit/rebills; communicates with field Accounts Receivables (AR) to ensure they have information to apply credits to ensure customer does not receive duplicate credit.
Through specific customer knowledge and analysis, identifies potential margin opportunities; coordinates with Pricing and Margin team on margin initiatives as required.
Plans and implements contract pricing on new customer conversions and existing customer GPO conversions; leads project to compare pricing and track changes during these conversions and ensures that appropriate field and corporate resources are included in the project.
Analyzes pricing issues & processes resulting in short-pays and determining appropriate resolution; supports AR on complex pricing audits from customers and/or GPOs for specific customers.
Communicates status of projects and significant issues to management.
Managing Price exceptions daily.

Experience:

Four-year university degree required; master’s degree preferred.
Broad knowledge of a discipline in finance or business administration
Five or more years of experience in contracts and/or pricing
Previous experience in a medical/surgical distribution or manufacturing business preferred.

If you feel this opportunity could be the next step in your career, we encourage you to apply. This position will accept applications on an ongoing basis.

Owens & Minor is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, national origin, sex, sexual orientation, genetic information, religion, disability, age, status as a veteran, or any other status prohibited by applicable national, federal, state or local law.

Average salary estimate

$80000 / YEARLY (est.)

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$70000K

$90000K

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What You Should Know About Contract Analyst II, Owens & Minor

Join Owens & Minor as a Contract Analyst II and become an integral part of our mission to empower healthcare! This remote role allows you to leverage your expertise to support our customers while navigating the complexities of contract information and pricing resolutions. With over 350 facilities across the US, we pride ourselves on being a Fortune 500 company that puts our teammates and customers at the forefront of everything we do. As a Contract Analyst II, you'll play a key role in managing contract details, conducting thorough research, and resolving intriguing rebate issues. Your keen analytical skills will be essential as you audit contracts and communicate critical information regarding pricing changes to our sales force and valued customers. Dive into this role where collaboration with corporate pricing and operational management becomes second nature as you identify margin opportunities and lead important conversion projects. Your background in finance or business administration, alongside at least five years of experience in contract negotiations or pricing, will set you up for success here. We also offer amazing benefits including medical, dental, and vision insurance starting on your first day, a solid 401(k) plan, and opportunities for tuition reimbursement. If you’re passionate about healthcare and ready for your next career adventure, apply today and see how you can make a difference with Owens & Minor!

Frequently Asked Questions (FAQs) for Contract Analyst II Role at Owens & Minor

What are the main responsibilities of a Contract Analyst II at Owens & Minor?

The primary responsibilities of a Contract Analyst II at Owens & Minor include managing contract information, resolving pricing and rebate issues, and maintaining communication with corporate teams and sales representatives. This role involves auditing contracts, analyzing customer pricing concerns, and proactively resolving issues with expiring contracts and eligibility documentation.