Abbott is a global healthcare leader, creating breakthrough science to improve people's health. We're always looking towards the future, anticipating changes in medical science and technology.
Abbott Molecular is a leader in molecular diagnostics and the analysis of DNA, RNA, and proteins at the molecular level.
The Opportunity
This position is based in Singapore under our Molecular Division.
The Pricing and Incentives Manager drives and manages best practices on Deals, Pricing, Sales incentives, and Contract, to ensure governance and integrity in setting up these core processes, while aligning to maximizing revenue and margin objectives.
The function acts as a core to maintaining best practice in Business, also with an analytical background, help to provide pricing analytical decisions support across all channels. The role reports into Commercial Excellence Abbott Molecular.
Core Responsibilities:
Deals review (EPIC):
Owner for EPIC approvals and share best practices to guide Commercial team
Business partner for Deals reviews and approvals.
Coordinate approvals with APAC Area leadership and Global Pricing manager
Act as advisor to business leaders on deals approvals process
Pricing:
Own all pricing related issues and lead process and best practices
Ensure pricing strategy is being executed effectively (Approved AUP vs Realized AUP)
Product margins and Pricing insights updates
Review/Publish annual pricelist for Oncology and Infectious Diseases
Facilitate orders processing by helping with missing/uploading approved price to assist logistics team
Pricing GMI
Sales incentives:
Sales incentives plan roll out and coordinate targets and achievements.
Gather results information to calculate results and arrange with Country Commercial team to payout
Calculate and Payout incentives and own the full end to end process of SIP
Process owner for Sales incentives
Contracts governance:
Gatekeeper for all contracts process except distributor agreements; act as Process owner advisor and advocate best practices to Commercial team.
Checker for incoming APAC contracts before sending to POA for signatories.
Improve contract templates by identifying risks and roll out suggestions to mitigate
Docusign submission for contracts e-signatories with customers
Ensure contracts are of compliant with all legal and regulatory requirements
Understand and apply Contract compliance information
Education
Minimum Bachelor's Degree in Business/Finance/Sciences.
Position requires strong balance of interpersonal and conceptual skills resulting from education and work experience.
Preferred Background
10-15 years working experience
Strong communication skills and meticulous to follow through various issues on hand. Have a keen eye for detail.
Experience with incentives setup and calculations
SAP experience preferred
Ability to digest information quickly and apply analytical skills to resolve business issues
Analytics knowledge with strong excel / PowerPoint skills
* Mature, analytical, energetic, and strong interpersonal skills; able to contribute effectively in a highly result-oriented environment
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