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Otsuka Pharmaceutical Companies (U.S.) · 4 hours ago

Senior Manager, Procurement Process, Policy & Governance

Princeton, NJ

Full-time

Onsite

Senior Level

$131K/yr - $196K/yr

5+ years exp

Otsuka Pharmaceutical Companies (U.S.) is focused on enhancing procurement operations, processes, and policies. The Senior Manager will develop and implement procurement strategies, ensuring compliance and efficiency while collaborating with various business partners.

Health CareMedical

Comp. & Benefits

Responsibilities

Develop and implement procurement strategies aligned with organizational goals, forecasting needs, and managing the procurement planning process

Ensuring compliance with federal, state and local laws, regulations, and organizational policies related to procurement. This includes in depth knowledge of taxability on goods and services

Develop, update and enforce procurement policies, procedures and standard operating guidelines in line with regulatory requirements, corporate governance and best practice

Serve as policy owner and escalation point for procurement related compliance issues

Partner with Sourcing, Legal, Compliance, Information Security, Finance and Quality to embed regulatory risk and controls into the purchasing process

Lead continuous improvement initiatives to streamline the end-to-end Source to Pay (S2P) process, including sourcing, contracting, purchasing and supplier management

Partner with Sourcing and Vendor Management professionals to identify, evaluation and manage relationships and ways of working with suppliers

Establish clear approval workflows, evaluation and implementation of delegation of authority thresholds and control mechanisms to mitigate risk while enabling efficient business operations

Implement standardized templates, RACI matrices, and playbooks to ensure consistency across companies and purchasing categories

Promote a culture of innovation, collaboration and continuous learning

Development and distribution of monthly success metrics across the S2P process

Ad hoc responsibilities to address emerging business need and leadership requests

Provide training and guidance to internal Procurement team and business partners on procurement policies and procedures, acting as a resource for procurement-related questions

Partner with functional leaders to align procurement processes with business objectives and operational needs

Lead change management efforts to drive stakeholder adoption

Collaborate with IT to prioritize and define system requirements, workflows, and controls within procurement platforms

Architect and implement a long-range operational excellence roadmap across S2P, emphasizing automation, lean processes and continuous improvement in conjunction with IT

Build business cases and success measures for major system enhancements

Ensure cleanliness or procurement master data and develop compliance reporting, and ensure adequate audit trails

Establish KPIs and dashboards powered by advanced analytics for spend, performance, cycle times and savings tracking

Lead deployment of Generative AI and advanced analytics to automate purchasing processes and performance reporting

Manage seamless transitions and process integrations, especially across affiliated companies and/or acquisitions

Monitor supplier and contract compliance with company policies and regulatory requirements

Support internal and external audits by ensure adequate documentation, approvals and governance controls are in place

Proactively identify gaps and emerging risks in current procurement practices and recommend correction actions

Qualification

Source to Pay processesProcurement complianceSAP AribaProcurement technology platformsAIAnalytics toolsStrategic sourcingOperational excellenceStakeholder managementAnalytical mindsetCustomer service focusPharmaceutical industry knowledgeCommunication skills

Required

Deep knowledge of Source to Pay processes and best practices including in the technology landscape, including SAP Ariba

Strong understanding of procurement compliance, risk management, and regulatory requirements within the pharma industry

Familiarity with procurement technology platforms

Excellent stakeholder management, communication and training skills

Analytical mindset with the ability to design and implement metrics, SLAs and scorecards

Proficient in AI and analytics tools, Gen AI platforms and digital story telling

Demonstrated successful delivery on transformative projects

Strategic mindset with financial acumen to assess ROI and cost-benefit for process improvements

Minimum of 5+ years of diverse experience in varying procurement roles

Executive presence and influence with demonstrated ability to tell a story and influence the direction of the organization

Strategic thinker able to anticipate trends, understand implication and create actionable plans to prepare for future needs

Outstanding communication skills, ability to speak to the business and simplify complex technical aspects into concepts business partners can understand, assess, and ultimately use to make decisions

Strong customer service focus and ability to think, plan and act at the enterprise versus functional level. Experience listening to client needs and partnering to deliver results that are mutually beneficial for the client and the organization

Strong background in S2P processes, strategic sourcing, ERP systems and procurement analytics, including leadership experience in operational excellence

Superior analytical skills, able to rapidly understand and synthesize disparate data into meaningful information to support critical business decisions

Strong understanding of the pharmaceutical industry and development/commercialization of new drugs

Bachelor's degree in Business, Supply Chain, or relevant technical expertise