Associate Director, R&D Procurement

Join a Legacy of Innovation 110 Years and Counting!

Daiichi Sankyo Group is dedicated to the creation and supply of innovative pharmaceutical therapies to improve standards of care and address diversified, unmet medical needs of people globally by leveraging our world-class science and technology. With more than 100 years of scientific expertise and a presence in more than 20 countries, Daiichi Sankyo and its 15,000 employees around the world draw upon a rich legacy of innovation and a robust pipeline of promising new medicines to help people. In addition to a strong portfolio of medicines for cardiovascular diseases, under the Group's 2025 Vision to become a "Global Pharma Innovator with Competitive Advantage in Oncology," Daiichi Sankyo is primarily focused on providing novel therapies in oncology, as well as other research areas centered around rare diseases and immune disorders.

Job Summary:

The purpose of this job is to work with DS internal teams to assess, help select vendors, negotiate and execute contracts. Performs financial reconciliation and negotiation of clinical R&D Vendor contracts prior to study termination and contract closure. Lead all aspects of sourcing and negotiating Vendor contracts to ensure that the contracts add value to the organization (cost, quality, timelines). Take ownership and project manage vendor contracts, change orders and work with the Vendor and internal teams for resolution of all issues/ discrepancies.

Responsibilities:

Proactively seeks to become an expert in complex outsourcing models supporting Clinical R&D and PH.1 to PH. IV outsourced services (e.g., CRO, Biomarker, CDx, Clinical Supplies, central labs); Must have strong problem-solving skills and is able to work in complex categories. Develops, recommends, seeks approval for and implements new processes, procedures and/or systems to improve organizational efficiencies and cost controls.

Leads all Outsourcing activities from vendor assessment, RFP, selection, contract budget, payment schedule & scope negotiation thru to contract execution for major DSI alliances or compounds. Supports internal customers to help ensure that vendors meet required service level.
Demonstrates thorough understanding of procurement principles, business and legal language in contracts, vendor selection criteria. Demonstrates strong comprehension of the outsourcing processes and procedures.Develops detailed bid analysis for the R&D functional group's review. Develops and manages other ad hoc special projects as they arise.

Develops, implements and continuously manages one or multiple sourcing strategy(ies) for one or many spend category(ies) that: reduces costs, reduces timelines and improves quality. This is a multi-step approach that involves work with multiple stakeholders. Once the strategy has been approved, responsible for the negotiation, preparation, execution and continuous management of master agreements on a timely basis.

Communication and Relationship Management- Accountable for contract related communication with vendors and internal stakeholders. Interacts with vendors on standard administrative matters and contract terms. Appropriately escalates issues and conflicts. This position will work cross-functionally to execute the outsourcing process. Responsible for appropriate utilization and application of advanced negotiation skills, partnership management and strong interpersonal skills to support and advance objectives.


Contract Execution- Builds content of the contract, verifies the unitized budget against the needs, conducts rigorous negotiation of terms with validation of rates from service providers. Making sure the payment schedules are cash neutral and in-line with deliverable timelines.

Accountable for the contracting process, review and approval in accordance with company policies for all the studies in their scope.

Qualifications: Successful candidates will be able to meet the qualifications below with or without a reasonable accommodation.

Education/Experience:

Bachelors Degree required; or commensurate experience

Minimum 7 years in clinical trial outsourcing, health sciences or related field (clinical trials)
Advanced WORD and Excel skills
Excellent time management skills
Experience with PH.1 - PH.IV clinical trial vendor contracts Experience with CRO contracts, compound level contracts or alliance level outsourcing portfolio management experience

Daiichi Sankyo, Inc. is an equal opportunity/affirmative action employer. Qualified applicants will receive consideration for employment without regard to sex, gender identity, sexual orientation, race, color, religion, national origin, disability, protected veteran status, age, or any other characteristic protected by law.

Job Title
Associate Director, R&D Procurement

City
Basking Ridge

Functional Area
R&D Finance

State
New Jersey