Director, Commercial Sourcing & Procurement

Acadia Pharmaceuticals • San Diego, NJ

4d • Hybrid

About The Position

Acadia is committed to turning scientific promise into meaningful innovation that makes the difference for underserved neurological and rare disease communities around the world. Our commercial portfolio includes the first and only FDA-approved treatments for Parkinson’s disease psychosis and Rett syndrome. We are developing the next wave of therapeutic advancements with a robust and diverse pipeline that includes mid- to late-stage programs in Alzheimer’s disease psychosis and Lewy body dementia psychosis, along with earlier-stage programs that address other underserved patient needs. At Acadia, we’re here to be their difference. The Director, Commercial Sourcing and Procurement will be a strategic leader of the Acadia Sourcing & Procurement team, leading the development of SG&A(Commercial, IT, Professional services, Legal, Contingent Workforce) sourcing strategies for key vendors in North America. This position will play a vital role to ensure Acadia has access to top quality services, technologies, and vendor partners required to support company’s growth. It leads the identification, assessment, selection, negotiation, execution of contracts and relationship with key SG&A vendors, and will contribute to the corporate sourcing & procurement policy, vendor management and governance framework and process. This role will be based in San Diego, CA or Princeton, NJ

Requirements

• Proven leadership ability to manage large vendor spend portfolios and drive global collaborations.
• Demonstrated success developing and executing SG&A category strategies in complex environments.
• 12+ years of extensive sourcing experience with deep knowledge of vendors for advertising agency, media, data analytics, meeting and events
• Strong negotiation and vendor benchmarking experience across a range of IT contract types, including SaaS, consulting, and managed services agreements.
• Proficient procurement system knowledge of S2P(Coupa), CLM (Agiloft) and upcoming AI sourcing tools
• Familiarity with sourcing saving report methodology and associated tools such as Smartsheet
• BS/BA or equivalent combination of relevant education

Nice To Haves

• Broader category sourcing experience in consulting and legal services will be a plus
• Willing to go beyond and look for new innovative ways to bring in tangible results/savings
• Ability to communicate and present sourcing strategies clearly to key stakeholders
• Ensure compliance with corporate compliance SOP and policies

Responsibilities

• Develop both immediate and long-term sourcing strategies/plans for the SG&A vendors with the focus on Commercial, IT, and professionals services areas.
• Proactively work with business stakeholders including Sr. executives to identify sourcing needs and ensure sourcing strategies align with business goals and enable efficiency & innovation
• Assess, benchmark & negotiate existing key SG&A vendor contracts and conduct gap analysis.
• Collaborate with Finance FP&A team on vendor cost budgeting, forecasting, and saving validation
• Assess industry trends, evolving technology such as AI in procurement to ensure continuous automation of current sourcing process
• Establish SG&A vendor governance program including vendor optimization, risk assessment and operational performance evaluation process

What This Job Offers

• Job Type: Full-time
• Career Level: Director
• Education Level: Associate degree