Procurement Analyst - Oncology Pharmaceuticals

Job Description

Job Description

Description:

RCCA is seeking a highly analytical and detail-oriented Procurement Analyst to support the strategic sourcing, purchasing, and financial performance of oncology pharmaceuticals and specialty medications across a large, multi-site oncology practice. This role focuses on data analysis, market intelligence, supplier performance tracking, and reporting to help ensure reliable drug availability, optimized acquisition costs, strong reimbursement alignment, and operational efficiency.

Working closely with the procurement team, pharmacy leadership, finance, revenue cycle, and clinical stakeholders, the Analyst translates complex spend, inventory, and market data into actionable insights that support informed procurement decisions and continuous improvement in the oncology drug supply chain.

Employment Type: Full Time

Location: Teaneck, NJ

Compensation: $85,000 - $120,000 annually

Compensation packages based on your unique skills, experience, and qualifications

As of the date of this posting, RCCA offers a comprehensive benefits package for this position, subject to eligibility requirements. In addition to the salary, we provide: Health, dental, and vision plans, Wellness program, Health savings account - Flexible spending accounts, 401(k) retirement plan, Life insurance, Short-term disability insurance, Long-term disability insurance, Employee

Assistance Program (EAP), Paid Time Off (PTO) and holiday pay, Tuition discounts with numerous universities.

We believe these benefits underscore our commitment to the well-being and professional growth of our employees.

Key Responsibilities

Spend Analysis & Cost Optimization

• Analyze oncology and specialty drug spend data to identify cost-saving opportunities, pricing variances, and margin improvement potential.
• Evaluate purchasing channels (manufacturers, specialty distributors, GPOs, wholesalers, and specialty pharmacies) to support optimal pricing and rebate performance.
• Track acquisition costs versus expected reimbursement and flag opportunities to improve buy-and-bill results.

Market Intelligence & Supplier Evaluation

• Monitor market trends, drug shortages, recalls, biosimilar launches, and new oncology drug approvals.
• Conduct research on potential suppliers and evaluate supplier capabilities, reliability, and performance.
• Support assessment of biosimilar and alternative therapy opportunities with data-driven recommendations.

Contract & Vendor Support

• Assist with contract analysis, rebate tracking, and compliance monitoring for pharmaceutical purchasing agreements.
• Prepare data packages and performance summaries to support negotiations and annual contract reviews.
• Track vendor performance metrics and highlight risks or improvement opportunities.

Inventory & Supply Continuity Analytics

• Analyze inventory levels, turns, expiration risk, and waste for high-cost oncology medications.
• Support shortage monitoring, allocation tracking, and contingency planning with timely data and reporting.
• Provide analytical support when clinical teams need alternative product or pathway options during supply disruptions.

Reporting & Dashboards

• Create and maintain procurement reports and dashboards covering drug spend, cost trends, contract performance, inventory health, and savings initiatives.
• Prepare clear summaries and presentations for procurement leadership and cross-functional stakeholders.
• Respond to ad-hoc data requests from pharmacy, finance, and operations teams.

Cross-Functional Collaboration

• Partner with pharmacy, finance, revenue cycle, compliance, and clinical leaders to align procurement activities with operational and financial goals.
• Participate in meetings related to formulary considerations, biosimilar adoption, and cost-containment initiatives by providing relevant analysis.
• Collaborate with finance to ensure procurement activities remain aligned with budgetary targets.

Process Improvement & Technology

• Use procurement software, ERP systems, and advanced Excel/analytics tools to streamline data collection and reporting.
• Identify opportunities to improve procurement processes, data quality, and reporting efficiency.
• Support documentation and audit readiness related to pharmaceutical purchasing and inventory controls.

Required Qualifications

• 2–5 years of experience in procurement analysis, supply chain, healthcare operations, finance, or a related analytical role.
• Strong proficiency in Microsoft Excel and experience with data analysis, reporting, or dashboard tools.
• Demonstrated ability to analyze large datasets and translate findings into clear, actionable insights.
• Excellent attention to detail, organizational skills, and written/verbal communication abilities.
• Ability to work collaboratively with clinical, financial, and operational stakeholders.

Preferred Qualifications

• Bachelor’s degree in Supply Chain Management, Business Administration, Finance, Healthcare Administration, Economics, Operations Research, Statistics, or a related field.
• Experience in healthcare, oncology practices, cancer centers, specialty pharmacy, or pharmaceutical purchasing.
• Familiarity with oncology drugs, buy-and-bill models, GPOs, biosimilars, or specialty distribution.
• Knowledge of healthcare reimbursement concepts, or supply chain risk management.
• Experience with procurement or ERP systems commonly used in healthcare settings.
• Master’s degree (MBA, MHA, or related) is a plus.

Key Skills

• Data analysis and interpretation
• Spend and financial analysis
• Market research and supplier evaluation
• Contract and rebate performance tracking
• Inventory and shortage analytics
• Dashboard and report development
• Strong Excel and analytical tool proficiency
• Clear communication of complex information
• Cross-functional collaboration
• Attention to detail and accuracy

Working Conditions This position is primarily office-based within a healthcare administrative environment and involves regular interaction with pharmacy, finance, and operations teams. Occasional travel between practice locations or attendance at industry meetings may be required. The role relies heavily on computers, procurement software, ERP systems, and data analytics tools.