Senior Manager, Procurement Policy and Process

Otsuka Pharmaceutical Co., Ltd.•Princeton, NJ

4d•$134,615 - $201,250

About The Position

The Senior Manager, Procurement Policy and Process maintains and enhances Otsuka’s North America procurement operations, processes, and policies. Reporting to the Senior Director, Commercial Strategic Sourcing, this role works across Sourcing, Finance, Technology, Legal, and business teams to optimize procurement for the acquisition of organizational goods and services. The position supports strategies and policies that enable effective supplier relationship management, contract negotiation and execution, reporting, streamlined transactions, technology optimization, and regulatory compliance. It applies an understanding of the Sourcing & Procurement transformation strategy and the needs of internal customers to ensure procurement work has a meaningful organizational impact. The role also supports procurement technology and process integration, develops performance metrics and reporting, provides training and change-management support, and helps identify and address procurement risks. Compensation is listed at $134,615–$201,250, plus an incentive opportunity; actual pay may depend on experience, skills, and internal comparisons.

Requirements

At least 6 years of diverse experience in procurement roles.
Bachelor’s degree in Business, Supply Chain, or relevant technical expertise.
Deep knowledge of Source to Pay processes and best practices, including the technology landscape and SAP Ariba.
Strong understanding of procurement compliance, risk management, and regulatory requirements in the pharmaceutical industry.
Familiarity with procurement technology platforms.
Excellent stakeholder-management, communication, and training skills.
Analytical ability to design and implement metrics, SLAs, and scorecards.
Proficiency in AI and analytics tools, Generative AI platforms, and digital storytelling.
Demonstrated successful delivery of transformative projects.
Strategic mindset and financial acumen to assess ROI and cost-benefit for process improvements.
Strong procurement operations and process-management experience, with ability to influence organizational direction and communicate a compelling business story.
Ability to anticipate trends, understand implications, and develop actionable plans for future needs.
Ability to communicate with business partners and simplify complex technical topics to support understanding and decision-making.
Strong customer-service focus and ability to plan and act at the enterprise rather than solely functional level; experience listening to client needs and partnering to deliver mutually beneficial results.
Strong background in S2P processes, strategic sourcing, ERP systems, and procurement analytics, including leadership experience in operational excellence.
Superior analytical skills, including the ability to synthesize disparate data into meaningful information for business decisions.
Strong understanding of the pharmaceutical industry and the development and commercialization of new drugs.

Nice To Haves

Advanced degree (MBA/MS).

Responsibilities

Support development and implementation of procurement strategies aligned with organizational goals, forecasting needs, and procurement planning.
Ensure compliance with applicable federal, state, and local laws, regulations, and organizational procurement policies, including knowledge of taxability of goods and services.
Develop, update, and enforce procurement policies, procedures, and standard operating guidelines in line with regulatory requirements, corporate governance, and best practices.
Support maintenance and administration of procurement-related compliance matters.
Partner with Sourcing, Legal, Compliance, Information Security, Finance, and Quality to embed regulatory risks and controls in purchasing processes.
Identify and recommend improvements to the end-to-end Source to Pay (S2P) process, including sourcing, contracting, purchasing, and supplier management.
Partner with Sourcing and Vendor Management professionals to identify, evaluate, and manage supplier relationships and ways of working.
Administer and maintain approval workflows, delegation-of-authority thresholds, and control mechanisms to mitigate risk and enable efficient operations.
Implement standardized templates, RACI matrices, and playbooks across companies and purchasing categories.
Promote innovation, collaboration, and continuous learning.
Develop and distribute monthly success metrics across the S2P process.
Address emerging business needs and leadership requests as needed.
Train and guide internal Procurement team members and business partners on procurement policies and procedures, and answer procurement-related questions.
Collaborate with business stakeholders to align procurement processes with business objectives and operational needs.
Support change-management efforts to drive stakeholder adoption.
Collaborate with IT to prioritize and define procurement-platform system requirements, workflows, and controls.
Support operational excellence initiatives across S2P, emphasizing automation, lean processes, and continuous improvement with IT.
Build business cases and success measures for major system enhancements.
Maintain procurement master-data cleanliness and develop compliance reporting and adequate audit trails.
Establish KPIs and dashboards using advanced analytics for spend, performance, cycle times, and savings tracking.
Support adoption of Generative AI and advanced analytics to automate purchasing processes and performance reporting.
Manage transitions and process integrations, particularly across affiliated companies and acquisitions.
Monitor supplier and contract compliance with company policies and regulatory requirements.
Support internal and external audits by ensuring adequate documentation, approvals, and governance controls.
Identify gaps and emerging risks in procurement practices and recommend corrective actions.

Benefits

Comprehensive medical, dental, vision, and prescription drug coverage.
Company-provided basic life insurance and accidental death and dismemberment coverage.
Short-term and long-term disability insurance.
Tuition reimbursement.
Student loan assistance.
Generous 401(k) match.
Flexible time off.
Paid holidays.
Paid leave programs.
Other company-provided benefits.
Incentive opportunity.