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Associate Director, Procurement

Employer
Vaxcyte, Inc.
Location
San Carlos, California
Start date
Nov 20, 2022

View more

Discipline
Administration, Procurement
Required Education
Bachelors Degree
Position Type
Full time
Hotbed
Biotech Bay

Job Details

Company Profile:
 
Vaxcyte, Inc. (Nasdaq: PCVX) is a vaccine innovation company engineering high-fidelity vaccines to protect humankind from the consequences of bacterial diseases. The Company is developing broad-spectrum conjugate and novel protein vaccines to prevent or treat bacterial infectious diseases. Vaxcyte’s lead candidate, VAX-24, is a 24-valent, broad-spectrum pneumococcal conjugate vaccine (PCV) being developed for the prevention of invasive pneumococcal disease (IPD). The Company is re-engineering the way highly complex immunizations are made through modern synthetic techniques, including advanced chemistry and our exclusively licensed XpressCFTM cell-free protein synthesis platform. Unlike conventional cell-based approaches, the Company’s system for producing difficult-to-make proteins and antigens is intended to accelerate its ability to efficiently create and deliver high-fidelity vaccines with enhanced immunological benefits. Vaxcyte’s pipeline also includes VAX-XP, a PCV with coverage of 31 strains; VAX-A1, a prophylactic vaccine candidate designed to prevent Group A Strep infections; and VAX-PG, a therapeutic vaccine candidate designed to slow or stop the progression of periodontal disease. The Company is driven to eradicate or treat invasive bacterial infections, which have serious and costly health consequences when left unchecked. For more information, visit www.vaxcyte.com.
 
Vaxcyte, headquartered in San Carlos, CA, went public in June 2020 and currently has a team of approximately 150 employees and anticipates continued, significant growth. Following the October 2022 follow-on equity offering, which generated approximately $651 million in net proceeds, the Company’s balance sheet is further strengthened to advance its pipeline of novel vaccines, including VAX-24. On October 24, 2022, the Company announced positive topline safety, tolerability and immunogenicity data from the Phase 1/2 proof-of-concept study evaluating VAX-24 in adults aged 18-64. The Company believes these results support a best-in-class potential for VAX-24, which was designed to replace the current standard-of-care in adults and children. VAX-24 is being investigated for the prevention of IPD, which can be most serious for infants, young children, older adults and those with immune deficiencies or certain chronic health conditions. Given the global impact of pneumococcal disease remains significant, the public health community continues to advocate for vaccines that can offer broader protection to prevent IPD. Vaxcyte’s PCV franchise, consisting of VAX-24 and VAX-XP, is designed specifically to address this need and has the potential to deliver the broadest protection for this very serious disease. We believe that our PCVs could receive regulatory approval based on successful completion of clinical studies utilizing well-defined surrogate immune endpoints, consistent with how other PCVs have obtained regulatory approval in the past, rather than requiring clinical field efficacy studies.
 
Summary:
 
Vaxcyte is looking for an experienced and collaboration minded Associate Director of Procurement to join our team. The candidate will be responsible for developing and administering purchasing and procurement related activities of the Company. We are looking for a savvy professional who is adept at strategizing, coordinating, and planning, and who can define improvements in policies, processes and procedures to help enable the growth of our company. Additionally, someone who can enable our internal customers to define their needs, improve our engagement with existing vendors, and source new suppliers who can meet our needs. A successful candidate must have the ability to see the big picture, implement tools and processes that will be right sized for our growing needs, and is flexible and adaptable to innovative problem solving.
Essential Functions
    • Manage current procurement policies, procedures, and programs and identify opportunities to enhance organizational value and efficiency; meet regularly with respective departments regarding procurement for their understanding and/or recommendations to enhance policies, procedures and develop, communicate, and implement new/revised policies, procedures and programs as needed.
    • Serve as the primary contact for procurement related questions, training, policy and procedure interpretation and alignment by all departments.
    • Plan, organize, implement and manage all strategic purchasing activities in support of product development, clinical, manufacturing and other operational areas.
    • Negotiate contracts with suppliers to obtain optimal pricing and contract terms in selected categories of spend.
    • Experience running Sourcing (RFx) events in spend categories included but not limited to: lab supplies, lab equipment, Facilities, IT and MRO.
    • Identify opportunities to consolidate vendors to achieve volume discounts, cost reduction opportunities and optimal terms.
    • Work closely with our business partners in creating purchase orders, ensuring proper approvals of Pos prior to procuring goods and services.
    • Ensure proper adherence to purchasing and contracting workflows.
    • Work closely with accounts payable and accounting staff to resolve issues with purchase order and invoice discrepancies, ensuring proper internal controls are in place for invoice payment.
    • Evaluate and implement procurement systems and tools to enable efficient workflows and automation where possible.
    • Work closely with Financial Planning and Analysis in developing or updating budgets and forecasts.
    • Work closely with the company legal department to make sure contracts and terms are favorable.
    • Ensure proper vendor setup and documentation/diligence is performed (ie. W-8 or W-9 forms).
    • Assist with monitoring inventory of lab supplies to ensure adequate supply availability.
    • Other responsibilities as assigned.

Requirements
    • Bachelor’s Degree in Business Administration or equivalent, required
    • ~10+ years of experience in purchasing, procurement or other sourcing capacity at a biotech/life science/pharmaceutical company with owned laboratory facilities, is required
    • Demonstrated ability to identify and implement process improvements to purchasing workflows, P2P and S2P processes.
    • Internal controls background a plus, especially experience with understanding the implications of controls with NetSuite or equivalent ERP.
    • NetSuite experience a plus.
    • Excellent oral and written communication skills.
    • Strong problem-solving skills.
    • Superior organization skills.
    • Excellent attention to detail.
    • Self-motivated and self-directed.
    • Ability to identify and implement process improvements to purchasing workflows.
    • Public company experience a plus.
    • All Vaxcyte employees require vaccination against COVID-19.


Reports to: Senior Vice President of Finance

Location: San Carlos, CA
 
Compensation:
The compensation package will be competitive and includes comprehensive benefits and an equity component.
 
 

Company

Vaxcyte, Inc. (Nasdaq: PCVX) is a next-generation vaccine company seeking to improve global health by developing superior and novel vaccines designed to prevent some of the most common and deadly infectious diseases worldwide. Our exclusively licensed cell-free protein synthesis platform and our proprietary know how enable us to design and produce optimized protein carriers and antigens, the critical building blocks of vaccines, in ways that we believe conventional vaccine technologies cannot. Our lead vaccine candidate, VAX-24, is a preclinical, 24-valent broad-spectrum pneumococcal conjugate vaccine (PCV) being developed for the prevention of invasive pneumococcal disease. Our pipeline also includes VAX-XP, a PCV with an expanded breadth of coverage of at least 30 strains; VAX-A1, a prophylactic vaccine candidate designed to prevent Group A Strep infections; and VAX-PG, a therapeutic vaccine candidate designed to slow or stop the progression of periodontal disease by targeting the keystone pathogen responsible for this chronic, oral inflammatory disease.

Company info
Website
Phone
(650) 837-0111
Location
825 Industrial Road, Suite 300
San Carlos
CA
94070
US

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