Senior Director of Sourcing & Procurement jobs in United States
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Arcutis Biotherapeutics, Inc. (Nasdaq: ARQT) · 2 weeks ago

Senior Director of Sourcing & Procurement

Arcutis Biotherapeutics, Inc. is a pioneering medical dermatology company dedicated to revolutionizing the treatment of serious skin diseases. They are seeking a Senior Director of Sourcing & Procurement to lead the development and execution of company-wide sourcing and procurement strategies that support various operations and enable efficient growth.

BiopharmaBiotechnologyHealth DiagnosticsPharmaceuticalTherapeutics

Responsibilities

Develop and lead a company-wide program for sourcing & procurement, purchasing, negotiation, and vendor selection, including frameworks for vendor evaluation, engagement, and RFP ownership
Develop and manage sourcing plans for major spend areas, including, but not limited to, contract manufacturing, clinical operations, professional services, IT, and marketing/commercial operations
Negotiate supplier contracts, master service agreements, and statements of work in partnership with Legal, Finance and business stakeholders
Serve as the in-house negotiation expert to advise the business, direct and secure the best outcome for the company, maximize leverage, manage risk, and steer complex and critical negotiations
Develop and maintain relationships with key business leaders and cross-functional teams to understand and support their vendor needs; work with managers and key partners to identify opportunities to leverage purchasing power
Partner with Finance to support budget planning, forecasting, and cost-reduction initiatives
Develop, direct, and manage overall cost reduction targets and oversee execution of initiatives – accountable for tracking and reporting of procurement savings
Build and optimize procurement policies, processes, and systems that scale with the company’s growth
Drive continuous improvement in supplier performance, business adoption, and technology enhancements

Qualification

Procurement strategyContract negotiationVendor managementSupply chain experienceGxP requirementsERP systemsStakeholder managementMicrosoft OfficeCommunication skillsStrategic thinking

Required

Bachelor's degree required
12+ years of progressive experience in procurement, sourcing, and/or supply chain
Deep understanding of contract manufacturing and clinical development operations
Strong grasp of GxP requirements and regulated supplier environments
Excellent communication, negotiation, and stakeholder management & relationship skills
Ability to translate complex contract matters into clear and concise impact statements for stakeholders
Strategic thinker with the ability to independently execute operationally and drive change collaboratively in a fast-paced and evolving business environment
Proven experience as a high performer and thought leader with a high level of accountability and adherence to ethical standards
Proficient with Microsoft Office products
Familiarity with ERP and/or procurement systems (e.g., NetSuite, Coupa, SAP, Zip, Ariba) and interest in being part of potential implementation team
Travel may be required for up to 10% of time

Preferred

MBA or relevant master's degree
Experience within publicly traded companies and in the biotech, pharma, or life sciences industries
Proven success building or leading procurement functions in a commercial-stage life sciences (pharma or biotech preferred) organization

Company

Arcutis Biotherapeutics, Inc. (Nasdaq: ARQT)

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Arcutis (Nasdaq: ARQT) was founded in 2016 to address significant unmet needs in medical dermatology.

Funding

Current Stage
Public Company
Total Funding
$833.5M
Key Investors
SLR Capital PartnersHBM Healthcare InvestmentsOrbiMed
2024-02-28Post Ipo Equity· $150M
2023-10-19Post Ipo Equity· $100M
2022-08-02Post Ipo Equity

Leadership Team

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Frank Watanabe
President and Chief Executive Officer
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Latha Vairavan
Chief Financial Officer
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Company data provided by crunchbase