Senior Manager, Portfolio Sourcing

Pfizer • La Jolla, PA

11d • Hybrid

About The Position

Group aligned sourcing leader for internal and external stakeholders delivering on Pfizer’s approach to R&D Portfolio sourcing, contract negotiation, and applicable Pfizer policies and procedures . Ensures Pfizer's business interest and sourcing strategies are delivered. Accountable for minimizing Pfizer’s business risk and maximizing R&D dollars in each commitment . Acts as a central point of contact for business-related and vendor performance issues and facilitates contractual/financial conflict resolution where applicable Leads all sourcing efforts for assigned areas of support (program/study level) . Provides scenario sourcing consultation and guidance, as , and collaborates with other Sourcing and Enterprise Solutions (Source to Pay), Finance, Legal when appropriate . Implements current established sourcing strategies on an engagement basis . Works to negotiate contract budgets, business terms and the scopes of service with all types of service providers.

Requirements

• Applicants must have a bachelor’s degree with 7+ years of experience OR a master’s degree with 5+ years of experience OR PhD with 1+ years of experience.
• Relevant work experience in drug development across various phases of drug development.
• Relevant work experience in program and / or project management experience in a pharmaceutical or biotech environment.
• Understanding of FDA regulations, Good Clinical Practice (GCP), and ICH guidelines
• Experience working in process improvement
• Ability to manage continuous change and complex projects
• Excellent communication
• Effective interpersonal skills to ensure productive collaborations.
• Effective time management.
• Keen insight into the drug development process.

Nice To Haves

• MBA preferred.
• At least 7 years of experience in drug development across various phases of drug development.
• A minimum of 3 years of program and / or project management experience in a pharmaceutical or biotech environment.
• Strong outsourcing and contract management experience.
• Financial modeling experience, and past experience in cash flow optimization.

Responsibilities

• Leads all assignments using knowledge and work experience in sourcing to achieve desired results.
• Liaises frequently with stakeholders to ensure they understand and have realistic expectations of sourcing to contract process and systems.
• Partners with stakeholders to identify and evaluate available sourcing intelligence to support decision-making relative to service/resourcing need at a global and local level.
• Manages the sourcing process as an agent of BVSM: In collaboration with stakeholders (study team/vendor lead/business owner), gains an in-depth understanding of needs and requirements, in order to secure appropriate level of services from vendors.
• Facilitate study-level Sourcing Strategy Meetings to ensure alignment of all internal stakeholders
• Prepare Request for Information and initiate investigation for alternative vendor solutions, in the absence of an established sourcing strategy.
• Responsible for the preparation of Requests for Proposals and bid analyses .
• Requests competitive bids/proposals from CRO Preferred Providers & other technical service providers
• Pressure-tests and analyzes budget proposals and provides recommendations and analysis to internal customer for decision making
• Confirms and completes vendor selection process
• Negotiates budgets with vendors and challenges costs when appropriate .
• Directly negotiates proposed changes to standard contract language within guidelines provided by the Legal Division; escalates requested changes that fall outside of guidelines to the Legal Division and other stakeholders, as
• Participates in special projects and/or initiatives to help achieve business objectives .
• Actively supports Pfizer’s culture.

Benefits

• this position is eligible for participation in Pfizer’s Global Performance Plan with a bonus target of 15.0% of the base salary and eligibility to participate in our share based long term incentive program
• We offer comprehensive and generous benefits and programs to help our colleagues lead healthy lives and to support each of life’s moments.
• Benefits offered include a 401(k) plan with Pfizer Matching Contributions and an additional Pfizer Retirement Savings Contribution, paid vacation, holiday and personal days, paid caregiver/parental and medical leave, and health benefits to include medical, prescription drug, dental and vision coverage.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees