Contract Management & Negotiations Lead - Molecular Imaging
GE HealthcareSalary not specified
Full Time
Senior (5 to 8 years), Expert & Leadership (9+ years)
Not SpecifiedCompensation
Junior (1 to 2 years), Mid-level (3 to 4 years)Experience Level
Full TimeJob Type
UnknownVisa
Financial Services, Payments, FintechIndustries
Requirements
- 2 or more years of work experience with a Bachelor’s Degree or an Advanced Degree (e.g. Masters, MBA, JD, MD, or PhD)
- Preferred: 3 or more years of work experience with a Bachelor’s Degree or more than 2 years of work experience with an Advanced Degree (e.g. Masters, MBA, JD, MD)
- Ability to work in a hybrid position with expectation of days in office (confirmed by hiring manager)
- Availability to work hours that vary upon the needs of the department
- Willingness to travel 5-10% of the time
- Ability to sit and stand at a desk, communicate in person and by telephone, and frequently operate standard office equipment such as telephones and computers
Responsibilities
- Manage incentive contracts for Latin America
- Analyze newly executed incentive contract terms to assess Visa's contractual obligations and determine appropriate accounting treatment based on Visa policy and procedures
- Review proformas to ensure accurate contract interpretation and proper application of Visa accounting policy
- Set up incentive contracts in the Oracle Revenue Management and Billing (ORMB) system according to contract terms, ensuring that all key obligations are accurately addressed and accommodating system limitations
- Manage, track, and process contractual payments per contract terms accurately and in a timely manner for all regions
- Liaise with Sales, Legal, and clients to determine the fulfillment of contractual obligations
- Review ongoing contract performance and update future performance amortization schedules as needed
- Handle inquiries and resolve issues related to assigned contracts
- Coordinate with the larger Client Incentive Operations team to understand various deals across regions and ensure a consistent business process is applied globally for similar contract structures
- Support ad hoc analysis or projects as needed
- Ensure key production metrics for the month are met
Skills
US GAAP
Lean Six Sigma
Oracle Revenue Management and Billing
ORMB
Contract Management
Financial Analysis
Accounting
Incentive Contracts
Visa
Global digital payment network provider
About Visa
Visa operates a global digital payment network that facilitates electronic payments for millions of people daily. The company connects consumers, businesses, financial institutions, and governments, allowing them to make transactions using Visa cards. Each time a card is used, Visa earns money through transaction, service, and data processing fees. Unlike many competitors, Visa focuses on expanding access to financial services for underserved communities and supporting local economies. The company's goal is to promote financial inclusivity and drive sustainable commerce, ensuring that more people can participate in the global economy.
San Francisco, CaliforniaHeadquarters
1958Year Founded
$55.8MTotal Funding
ANGEL_INDIVIDUALCompany Stage
Fintech, Financial ServicesIndustries
10,001+Employees
Benefits
Health Insurance.
Life Insurance.
Dental Insurance.
Disability Insurance.
Accidental Death & Dismemberment Insurance.
Risks
CBDCs could reduce reliance on Visa's payment network.
'Buy Now, Pay Later' services may decrease traditional credit card transactions.
Fintech startups offering zero-fee transactions could pressure Visa's revenue model.
Differentiation
Visa operates a global digital payment network connecting millions daily.
The company focuses on financial inclusivity and sustainability in its operations.
Visa collaborates with central banks on Central Bank Digital Currencies (CBDCs).
Upsides
Visa's partnership with fintechs enhances cross-border payment solutions.
Adoption of blockchain technology could revolutionize digital payments.
AI-driven fraud detection systems are reducing fraudulent activities.
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