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Director, Procurement

Remote

Organization Overview:

Immunovant, Inc. is a clinical-stage immunology company dedicated to enabling normal lives for people with autoimmune diseases. As trailblazer in anti-FcRn technology, the Company is developing innovative, targeted therapies to meet the complex and variable needs of people with autoimmune diseases.

The Role: 

This exciting, newly created role in Procurement will have dual responsibility for leading the strategic sourcing, contracting and negotiations, and supplier management for all outsourced needs for the enterprise (non-Clinical/CMC), as well taking a hands on change management role within Procurement to improve key process and systems. Business interface will include partnering across multiple functions, such as Commercial, Med Affairs, Quality, Regulatory, and SG&A (IT, HR, Finance, etc.) to deliver to the outsourcing needs of the organization, as well as routine and strategic supplier management to manage critical relationships with our vendor partners. This role requires keen business facing skillsets and acumen, as well as significant experience interfacing with, and managing, vendor partners in the industry across a broad range of non-clinical/CMC services. General responsibilities will include procurement initiatives, people management (as required), requests for proposals, supplier selection, contract negotiations, and ongoing business oversight of new and existing vendors. Additionally, in this dual role, this role will also partner across IT, Legal, Finance, Accounting, and Procurement to develop next generation process improvements, reporting, data management, and systems (e.g. eSourcing, CLM, Req-to-Pay, etc.).   

Key Roles and Responsibilities: 

Business Partnership:

  • Interface with and facilitate (as needed) across Immunovant’s functional areas to develop requirements and provide guidance/training to Business Owners (BOs) and stakeholders on the end-to-end sourcing process. 
  • Partner early in cross-functional (Business, Legal, Finance etc.) business planning by effectively fostering relationships internally to maximize timely Procurement support for outsourcing initiatives and outcomes. 
  • Establish clear external outcomes, deliverables/milestones, and payment structures within outsourced services and partners to effectively support the functions.  
  • Ensure applicable vendors execute services as committed, and support issue resolution for outsourced services. 

 Sourcing Process & Supplier Management Leadership: 

  • Develop and execute sourcing strategies for outsourced services for various businesses (Commercial, Med Affairs, CMO, SG&A, etc.).
  • Engage with BOs, stakeholders, vendors, and legal team to facilitate review of CDAs, CTAs, MSAs, Consulting Agreements, SOWs, Amendments/Change Orders, and other documents as required.  
  • Lead the RFx and vendor bidding process for outsourced services, including RFP development, bid comparison analysis, bid defense meetings, and vendor scorecards, as well as manage any changes to existing programs (change orders, scope, etc.).
  • Manage the contracting process end-to-end working with key BOs, Legal, and Finance by optimal facilitation, review, and negotiations for outsourced services leveraging appropriate tools and guidance to support the functional areas.
  • Manage communication with outsourced vendor partners.
  • Utilize expertise in total cost of ownership to facilitate and provide stellar negotiations leadership while focusing on “win-win” solutions between Immunovant and outsourced partners.  
  • Manage supplier enablement/onboarding and purchase orders in system of record.  
  • Support or lead (as needed) supplier relationship management needs, including metrics/KPI development, scorecards, etc. for business review meetings with key partners. 

Procurement Process Excellence: 

  • Foster clear, consistent, and open collaboration internally and externally.
  • Identify and pursue continuous improvement and constructive change to support higher levels of procurement execution, including development of best practices and timely communication of key learnings.  
  • Support the issue escalation process at the operational level and ensure timely escalation to senior leadership.
  • Collaborate with BOs, IT, Legal, and Finance to drive the development of key templates, training / awareness, negotiation / escalation parameters, processes, systems & tools to support Procurement growth and the clinical pipeline.  
  • Own, and update as necessary, Procurement procedures on selection, onboarding, and maintenance of outsourced partners.    

Requirements: 

  • Bachelor’s or Master’s degree with an emphasis on biotech/pharma, life sciences, outsourcing, supplier management, sourcing systems, and business partnering. 
  • 10+ years’ experience in the pharmaceutical/biotech industry preferred, with a minimum of seven (7) years of indirect and SG&A procurement.  
  • Must have experience in the procure-to-pay (P2P) process and working in a P2P system. Coupa or equivalent sourcing software (eSourcing, Risk Management, etc) a plus.
  • Excellent interpersonal skills and demonstrated ability to be independently business facing and influence across all levels.  
  • Ability to build consensus and strong partnerships internally and externally. Must be highly team oriented and comfortable working with cross-functional teams.  
  • Excellent analytical skills and effective written and verbal communication skills.  
  • People management experience required.  
  • Highly skilled in establishing effective business relationships with internal and external customers, demonstrating strong collaboration skills, commitment to relationship building, and focus on delivery and commitments.
  • Excellent leadership and influencing skills including ability to prioritize critical needs, act decisively, and handle a high volume of complex tasks within a given timeframe.
  • Flexibility to adapt to the dynamic needs of a rapidly growing biotech company. 

Work Environment:

  • Remote-based
  • Dynamic, interactive, fast-paced, and entrepreneurial environment
  • Domestic or international travel are required (10-20%)

Compensation is based on a number of factors, including market location, and may vary depending on job-related knowledge, skills, and experience. Equity and other forms of compensation may be provided as part of a total compensation package, in addition to a full range of medical, dental, vision, 401k, and other benefits, including unlimited paid time off and parental leave. The annual base salary for this position ranges from $210,000.00 - $220,000.00.

 

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