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Job Description

At Medtronic you can begin a life-long career of exploration and innovation, while helping champion healthcare access and equity for all. You’ll lead with purpose, breaking down barriers to innovation in a more connected, compassionate world.


A Day in the Life

This is an exciting opportunity for a high potential, analytical, pro-active candidate to join the Cardiovascular Strategic Pricing Team. This person, reporting to the Strategic Pricing Manager Cardiovascular for EMEA RLM, acts as the liaison between the Marketing and Offer Development teams for Pricing responsibilities including creation of new product pricing, scenario modeling and financial analysis. The individual will also provide guidance to Marketing on fine tuning new product pricing strategies, implementation of Marketing promotions and tracking price volume initiatives. With in-depth knowledge and understanding of company products, pricing programs and market trends, the individual will help to establish strategic pricing processes and procedures as well as pricing analytic models. This person will interact with Marketing, Shared Services, Legal, Sales and Offer Development team members during the pricing development process.


In return, we will provide you with world-class training, development opportunities and the opportunity to work in a varied and challenging role. Our offer package will include a competitive salary and other great benefits. For this role, you will be expected to be located in Istanbul, Almaty, Warsaw or Prague; responsible for Cardiovascular Products in whole region.


Responsibilities may include the following and other duties may be assigned:


  • Partner & supports the sub-regional leadership, commercial and marketing team, this role will have to implement the regional pricing foundation defined by the region with appropriate processes and KPI’s.
  • Responsible for creating the local pricing culture; supporting the standardization of tools, processes and metrics across the different markets within the sub-region, ensuring sustainability and best in class service.
  • Provide business support in the form of set up and maintenance of all pricing in Vendavo / SAP for list price, targets, floors for Medtronic portfolio, contracts / deals, promotions, discounts, rebates and distributor pricing.
  • Train business counterparts on pricing systems and troubleshoot issues.
  • Manage  the relationship with the Center of Excellence who provides direct business support in the form of set up and maintenance of all pricing in Vendavo for list price, targets, floors for Medtronic portfolio, contracts / deals, promotions, discounts, rebates and distributor pricing.
  • Collect relevant information to support quality pricing decisions and present analysis.
  • Partner with Business and Marketing organization on regional level to drive correct pricing strategy of product launches and new business models.
  • Drive and monitor compliance to strategy, target prices and price and price volume initiatives. 

Required Knowledge and Experience:


  • Bachelor's degree in Economics, Finance or Business Administration is required; MBA is preferred
  • Minimum of 5 years’ experience in pricing/commercial finance. Previous healthcare experience a plus in either of the following functions: pricing, strategy, finance, reimbursement, marketing.
  • Excellent proficiency in Excel.
  • Problem solving, solution finding and decision making oriented; ability to work in a complex matrix environment with multi-cultural & multi-functional components.
  • An entrepreneurial / proactive approach is required to design new concepts / processes and successfully drive internal buy-in from all levels of the organization. 
  • Excellent communication skills, both verbal and written.
  • Excellent analytical skills and ability to translate analytics into meaningful messages for stakeholders.
  • Team player, who can work in a fast-paced environment, copes with deadlines and manages simultaneously several tasks and maintains a positive and enthusiastic attitude.
  • An excellent command of the English language.

Insight into legal, regulatory and compliance requirements as well as a working knowledge of Vendavo pricing software are highly preferrable for this role.





Physical Job Requirements
The above statements are intended to describe the general nature and level of work being performed by employees assigned to this position, but they are not an exhaustive list of all the required responsibilities and skills of this position. 


Benefits & Compensation

Medtronic offers a competitive Salary and flexible Benefits Package
A commitment to our employees lives at the core of our values. We recognize their contributions. They share in the success they help to create.We offer a wide range of benefits, resources, and competitive compensation plans designed to support you at every career and life stage.
 


This position is eligible for a short-term incentive called the Medtronic Incentive Plan (MIP).About Medtronic

We lead global healthcare technology and boldly attack the most challenging health problems facing humanity by searching out and finding solutions.
Our Mission — to alleviate pain, restore health, and extend life — unites a global team of 90,000+ passionate people. 
We are engineers at heart— putting ambitious ideas to work to generate real solutions for real people. From the R&D lab, to the factory floor, to the conference room, every one of us experiments, creates, builds, improves and solves. We have the talent, diverse perspectives, and guts to engineer the extraordinary.


Learn more about our business, mission, and our commitment to diversity here  
 


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