Director, Procurement & Strategic Sourcing

Director, Procurement & Strategic Sourcing Full Time Management Based in Waltham Office, Waltham, MA, US 9 days ago Requisition ID: 1130 Salary Range: $210,000.00 To $230,000.00 Annually Company Overview Innoviva Specialty Therapeutics, Inc., a subsidiary of Innoviva, Inc., is a biopharmaceutical company focused on developing innovative solutions for patients and healthcare providers in the fields of Critical Care and Infectious Diseases. Our mission to deliver innovative, life‑saving medicines for serious unmet medical conditions drives us every day and contributes to building a sustainable business for the long term. It also inspires our entrepreneurial culture which fosters innovation, collaboration, and a relentless commitment to the people we serve. Patients are at the center of everything we do because everyday matters. Every employee is encouraged to take initiative, explore new ideas, and turn challenges into opportunities that can potentially transform lives, especially those suffering from serious and difficult‑to‑treat illnesses. Our products marketed in the U.S. include: GIAPREZA (angiotensin II) is a vasoconstrictor to increase blood pressure in adults with septic or other distributive shock. XACDURO (sulbactam for injection; durlobactam for injection) is a new treatment designed specifically to treat hospital‑acquired bacterial pneumonia (HABP) and ventilator‑associated bacterial pneumonia (VABP) caused by susceptible strains of bacteria called Acinetobacter baumannii‑calcoaceticus complex in adults. XERAVA (eravacycline) is a broad‑spectum antibiotic used to treat patients with complicated intra‑abdominal infections (cIAI). ZEVTERA (ceftobiprole) is an approved advanced‑generation cephalosporin antibiotic and the only FDA‑approved cephalosporin specifically designed to treat adult patients with Staphylococcus aureus bloodstream infections (bacteremia) including those with right‑sided infective endocarditis. In addition, Zevtera is approved in adult patients with acute bacterial skin and skin structure infections (ABSSSI), and adult and pediatric patients (3 months to less than 18 years old) with community‑acquired bacterial pneumonia (CABP). Nuzolvence (zoliflodacin) for oral suspension is a first‑in‑class, single‑dose oral antibiotic for the treatment of uncomplicated urogenital gonorrhea in adults and adolescents 12 years of age and older weighing at least 35 kg. Summary of Position The Director of Procurement & Strategic Sourcing will lead the strategic sourcing, procurement operations and supplier management functions. This highly visible role will own the full procurement lifecycle from strategic sourcing and contract negotiation through purchasing operations, systems optimization and procure‑to‑invoice process management. The Director will be responsible for establishing best‑in‑class procurement processes, optimizing supplier partnerships, and ensuring cost‑effective purchasing while supporting the company’s commercial, R&D and corporate operations. The ideal candidate brings deep procurement experience within commercial and late‑stage pharmaceutical organizations, including expertise in negotiating commercial, CRO, CMC, G&A and professional services agreements. Key Responsibilities Strategic Sourcing & Supplier Management Lead strategic sourcing initiatives across clinical, CMC, commercial, G&A, technology and professional services spend categories. Negotiate complex agreements, including CRO, CMC, commercial services, consulting, SaaS and enterprise vendor contracts. Develop sourcing strategies, vendor selection processes, supplier negotiations, and ongoing supplier performance management. Partner cross‑functionally with G&A, Commercial and R&D organizations to support sourcing and contracting needs. Procurement Operations & Purchasing Management Own day‑to‑day procurement operations, including purchasing workflows, purchase requisitions, PO management, approvals, vendor onboarding, and procure‑to‑invoice activities. Ensure procurement activities align with company policies, delegation of authority, financial controls and public company requirements. Partner with Finance and Accounting to support purchasing controls, spend visibility, accruals, invoice management, and budget alignment. Establish and maintain scalable procurement processes appropriate for a lean organization. Procurement Systems, Process Improvement & Governance Serve as internal business owner for procurement processes and systems. Identify and resolve process inefficiencies, system configuration issues, and workflow bottlenecks across the procurement lifecycle. Drive continuous improvement initiatives related to procurement operations. Partner with external vendors, IT, Finance and other business stakeholders to define, prioritize and optimize systems and processes. Develop procurement reporting, spend analytics and dashboards to improve visibility, compliance and decision‑making. Support system implementations, upgrades, testing, training and change management initiatives related to procurement operations. Experience & Education Bachelor’s degree in Business, Supply Chain, Finance, Life Sciences or related field 10+ years of procurement, strategic sourcing or supply chain experience within biotech, pharmaceutical or life sciences organizations Experience with procurement systems and P2P tools (Coupa and NetSuite preferred) Professional procurement certification (e.g., CPSM) is a plus Experience supporting commercial and/or late‑stage clinical organizations Experience leading system and process optimizations initiatives Skills and Abilities Public company experience and familiarity with SOX controls, governance and compliance expectations Demonstrated success negotiating complex contracts across multiple spend categories, including CRO and CMC agreements Strong commercial negotiation skills, contract acumen and supplier management expertise Experience establishing procurement processes, controls and governance frameworks in a growing organization Strong cross‑functional collaboration and stakeholder management skills Ability to operate effectively in a fast‑paced, lean and evolving environment The above statements are intended to describe the general nature and level of work being performed by employees assigned to this classification. They are not intended to be construed as an exhaustive list of all responsibilities, duties and skills required of employees assigned to this position. Innoviva Specialty Therapeutics is an equal opportunity employer that is committed to diversity and inclusion in the workplace. We prohibit discrimination and harassment of any kind based on race, color, sex, religion, sexual orientation, national origin, disability, genetic information, pregnancy, or any other protected characteristic as outlined by federal, state, or local laws. #J-18808-Ljbffr