Director, Procurement, Finance Category Lead at Bristol-Myers Squibb

Princeton, New Jersey, United States

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Not SpecifiedCompensation

Senior (5 to 8 years), Expert & Leadership (9+ years)Experience Level

Full TimeJob Type

UnknownVisa

PharmaceuticalsIndustries

Requirements

Expertise in procurement strategy, execution, and stakeholder engagement for Finance-related categories (Audit, Tax, Treasury, Controllership, Pensions, Insurance, Cash and Asset Management, Capital Markets)
Ability to partner with senior Finance stakeholders (e.g., Head of Tax, Chief Audit Officer, Controller) to develop and implement global and sub-category strategies
Knowledge of market nuances to develop, implement, and drive global, regional, and local services strategies and processes
Strong skills in sourcing, supplier relationship management, and continuous improvement efforts
Capability to lead complex, program-level projects, initiatives, and negotiations
Experience ensuring compliance with regulatory standards, preferred supplier programs, budget compliance, and risk management
Proficiency in developing metrics, reporting mechanisms, KPIs, and 3–5-year strategic plans
Ability to drive cross-market and cross-functional collaboration, governance forums, sustainability, DEI, and strategic enterprise programs

Responsibilities

Lead Global Procurement Business and Partnership Strategy for Global Finance Categories, including understanding market nuances, developing/implementing strategies and processes, driving cost and service improvements, and encouraging cross-market/cross-functional collaboration
Develop and manage senior business relationships with Finance key partners through collaborative relationships, championing Procurement initiatives, driving co-ownership and accountability, and implementing metrics/reporting
Develop and implement a 3–5-year strategic plan for Finance categories (Audit, Tax, Treasury, Controllership, Pensions, Insurance, Capital Markets), ensuring alignment with Finance transformation, budget compliance, savings realization, and schedule attainment
Own and drive complex, program-level projects, initiatives, and negotiations on a prioritized basis
Ensure compliance with preferred supplier programs and manage risk across Finance categories
Participate in governance forums and support sustainability, DEI, and strategic enterprise program outcomes
Identify, build, and maintain mutually beneficial relationships, partnerships, and alliances with suppliers through Supplier Relationship Development programs, focusing on processes, procedures, segmentation, metrics/KPI development, and application
Ensure excellence in delivery of Finance initiatives that maximize corporate, business, and functional priorities and objectives

Skills

Procurement Strategy

Sourcing

Supplier Relationship Management

Stakeholder Engagement

Category Management

Cost Savings

Risk Mitigation

Global Procurement

Contract Negotiation

Operational Efficiency

Bristol-Myers Squibb

Develops and delivers biopharmaceutical medicines

About Bristol-Myers Squibb

Bristol Myers Squibb (BMS) develops and delivers medicines aimed at treating serious diseases, focusing on areas like cancer, autoimmune diseases, and heart conditions. The company conducts extensive research and development to create new drugs, which are sold after receiving regulatory approval. BMS also produces generic drugs, offering affordable alternatives that meet the same quality standards as their branded counterparts. What sets BMS apart from competitors is its dual focus on both innovative and generic medicines, enhancing access to healthcare. The company's goal is to improve patient outcomes while maintaining a commitment to sustainability and corporate responsibility.

New York City, New YorkHeadquarters

1887Year Founded

$33,706.1MTotal Funding

IPOCompany Stage

Biotechnology, HealthcareIndustries

10,001+Employees

Benefits

Flexible Work Hours

Hybrid Work Options

Professional Development Budget

Risks

Increased competition in oncology from emerging biotech firms like ArsenalBio.

BMS's lawsuit over the 340B Drug Pricing Program may lead to regulatory challenges.

Rapid AI and digital tech evolution may pose integration challenges for BMS.

Differentiation

BMS focuses on innovative cancer treatments through collaborations like ArsenalBio for T cell therapies.

The company emphasizes digital health technologies, enhancing clinical trial management and patient engagement.

BMS offers both innovative and generic medicines, increasing affordable healthcare solutions.

Upsides

BMS's partnership with Medidata enhances clinical research processes and patient outcomes.

The collaboration with AI Proteins advances novel miniprotein-based therapeutics, expanding therapeutic modalities.

BMS's global license agreement with BioArctic expands its portfolio in neurodegenerative diseases.

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