[Hiring] Senior Director, Global Procurement, R&D @Teva Pharmaceuticals

Role Description

We are looking for a dynamic and strategic executive to lead the Global Procurement Organization for R&D at Teva. This leader will be a critical business partner to the R&D leadership team and will lead a team of 10 to develop and implement strategic initiatives to deliver speed, quality and total cost optimization through our supply base and in collaboration with the R&D organization.

• Collaborate with the Senior Vice President, Chief Procurement Officer and Global Procurement leadership team in the development and implementation of global and regional R&D Procurement goals.
• Establish and maintain collaborative relationships with Senior R&D Leadership and other cross-functional stakeholders to develop strategic initiatives aligned to the organization’s goals.
• Develop category strategies that establish long-term plans to ensure best in class costs, quality, service levels and risk mitigation across the R&D supplier portfolio.
• Conduct supply market research to provide category intelligence and benchmarks on industry dynamics, trends, and best practices to inform strategies and advise R&D stakeholders.
• Act as a liaison between Global Procurement and R&D for any transversal category needs (Consulting, Meetings, Staff Augmentation, etc.).
• Develop a high-performing team and develop succession plans.
• Guide cross-functional teams in the application of the Sourcing Management Process.
• Oversee all sourcing activities for the team, including directing and approving competitive bidding (RFx) processes. Review, advise, and approve complex RFx documentation issued by the team.
• Effectively communicate the impact of sourcing decisions.
• Develop effective supplier negotiation plans and strategies.
• Implement Supplier Relationship Management (SRM) Programs with key suppliers to foster innovation, track performance metrics, and ensure ongoing continuous improvement.
• Interface directly with Finance to plan and document value and P&L impact.
• Drive compliance in line with the Global Procurement Policy.
• Advance Teva Culture for the Global Procurement Team.
• Establish and communicate Procurement Job performance standards and identify training and development needs.

This is a remote opportunity that will require onsite visits to Parsippany, NJ as needed.

Qualifications

• Any equivalent combination of education, training and/or experience that fulfills the requirements of the position will be considered.
• Bachelor’s Degree with a major or concentration in Business Administration, Finance, or Supply Chain.
• MBA and/or relevant certification is preferred, e.g., Six Sigma, CPM, CPP.
• Minimum of 12 years of work experience in an international company with progressive leadership roles, and at least 5 years in R&D Procurement leadership role.

Requirements

• Able to translate a strategic vision into action.
• Excellent supplier negotiation and conflict management skills.
• Demonstrated ability to lead cross-functional teams, manage multiple simultaneous projects, and deliver quantifiable results.
• Excellent communication and presentation skills, both written and verbal – the ability to gain executive support.
• Strong Interpersonal/Relationship Management Skills, ability to mentor, manage, and develop staff as well as manage/develop suppliers.
• Strong analytical skills and conceptual thinking that drives strategy and creates innovative options.
• Solid business judgment, able to anticipate the impact of decisions and initiatives.
• Superior financial modelling and problem-solving skills.
• Proficiency with spoken and written English.
• Travel Requirements – International: 20%.

Compensation Data

The annual starting salary for this position is between $213,000 - $280,770 annually. Factors which may affect starting salary within this range and level of role may include geography/market, skills, education, experience and other qualifications of the successful candidate.

Benefits

• Comprehensive Health Insurance: Medical, Dental, Vision, and Prescription coverage starting on the first day of employment, providing the employee enrolls.
• Retirement Savings: 401(k) with employer match, up to 6% and an annual 3.75% Defined Contribution to the 401k plan.
• Time Off: Paid Time Off including vacation, sick/safe time, caretaker time, and holiday.
• Life and Disability Protection: Company paid Life and Disability insurance.
• Additional benefits include, but are not limited to, Employee Assistance Program, Employee Stock Purchase Plan, Tuition Assistance, Flexible Spending Accounts, Health Savings Account, Life Style Spending Account, Volunteer Time Off, Paid Parental Leave, if eligible, Family Building Benefits, Virtual Physical Therapy, Accident, Critical Illness and Hospital Indemnity Insurances, Identity Theft Protection, Legal Plan, Voluntary Life Insurance and Long Term Disability and more.
• The total compensation may also include restricted stock units and discretionary awards, depending on the position offered.