Contract Management Specialist Senior Manager

Vertex Pharmaceuticals Inc (US); Boston (MA); Hybrid; USD 110,000 - 164,000; Full time

Benefits offered by this job

Hybrid work model

Annual bonus and equity awards

Job summary

Vertex Pharmaceuticals is seeking a Senior Category Manager for Commercial categories in Boston. The role owns category management, develops multi-year sourcing strategies, and leads cross-functional negotiations with internal partners (Finance, Legal) to optimize contracts and supplier performance.

The ideal candidate has a Bachelor's degree and ~5 years of category/sourcing experience, with ERP/e-Sourcing and BI tooling proficiency.

Qualifications

• Bachelor's degree required.
• Typically 5 years of sourcing experience.
• Experience in Marketing category preferred.
• ERP systems and e-Sourcing tools proficiency.

Responsibilities

• Own Category Management for select Commercial categories.
• Develop and implement sourcing strategies and negotiate complex contracts.
• Lead RFx processes, supplier analysis and performance reviews.
• Collaborate with Business Partners to align with priorities and risks.
• Support end-to-end sourcing process optimization and user experience.

Skills

Category management

Sourcing

Negotiation

Analytics

Stakeholder management

Communication

Project management

Education

Bachelor's degree

Tools

ERP systems

e-Sourcing tools

Business intelligence

Reporting platforms

Job description

Job Description Job Posting Description: Senior Category Manager - Commercial

Summary: The Senior Category Manager will own Category Management activities across Vertex for certain Commercial/Marketing categories. Working collaboratively with internal business stakeholders, this role is expected to develop sound category and sourcing strategies for multi-year, multi-geography teams across regions. Duties will include development and execution of Sourcing Strategies, as well as RFx development, competitive bid analysis, contract development, negotiation planning, and strategic supplier management. The Senior Manager will interface closely with Business Partners to understand their business priorities and needs, and in turn, to define specific initiatives to support the business. This role is also expected to support the optimization of End-to-End sourcing processes, while enhancing overall User Experience.

Key Duties and Responsibilities

• Leads Category Management for specific category areas including the development of sourcing strategies, management of strategic supplier relationship and performance management, in addition to tactical RFx activities, when needed.
• Drives the development and implementation of sourcing strategies.
• Performs market research to support Category strategies and/or sourcing activities with the ability to filter data into a relevant, actionable format.
• Manages the Supplier Performance/Relationship Management process that may include Executive Business Reviews.
• Supports the Business Owner with identification of all applicable risks as part of the Sourcing process, including coordination with Risk Subject Matter Experts to properly assess and develop mitigation plans, where necessary.
• Manages complex contract negotiations, leading a cross-functional Company effort (internal stakeholders such as Business Partners, Finance and Legal).

Required Education, Experience and Competencies

• Bachelor's degree required
• Category specific sourcing experience in Marketing desired
• Good understanding of the nuances associated with a regulated environment AI-ready mindset, passionate individual about AI opportunities and overall impact in Services area Embody a Can-Do- Mindset, thriving in ambiguity, while building bridges thanks to innovative solutions; Dreamer
• Solid knowledge of ERP systems, can expertly leverage e-Sourcing tools, including business intelligence and reporting platforms
• Strong analytical capabilities | Project management skills | Good communication and presentation skills, able to clearly articulate opinions in concise and persuasive manner
• Able to work in collaborative, team environment; ability to cultivate and maintain effective business partner relationships through earned respect and trust

Education and Experience

• Bachelor's degree in relevant discipline from a 4-year College or University
• Typically requires 5 years of specific Sourcing experience, or the equivalent combination of education and experience

Job Location

Boston, Hybrid (3 days in the office & 2 days remote on a weekly basis)

Pay Range

$109,600 - $164,400 Disclosure Statement: The range provided is based on what we believe is a reasonable estimate for the base salary pay range for this job at the time of posting. This role is eligible for an annual bonus and annual equity awards. Some roles may also be eligible for overtime pay, in accordance with federal and state requirements. Actual base salary pay will be based on a number of factors, including skills, competencies, experience, and other job-related factors permitted by law. At Vertex, our Total Rewards offerings also include inclusive market-leading benefits to meet our employees wherever they are in their career, financial, family and wellbeing journey while providing flexibility and resources to support their growth and aspirations.

Flex Designation

Flex Designation: Hybrid-Eligible Or On-Site Eligible Flex Eligibility Status: In this Hybrid-Eligible role, you can choose to be designated as: 1. Hybrid: work remotely up to two days per week; or select 2. On-Site: work five days per week on-site with ad hoc flexibility.

Flex Eligibility Status

Note: The Flex status for this position is subject to Vertex’s Policy on Flex @ Vertex Program and may be changed at any time. #LI-Hybrid

Company Information

Vertex is a global biotechnology company that invests in scientific innovation. Vertex is committed to equal employment opportunity and non-discrimination for all employees and qualified applicants without regard to a person's race, color, sex, gender identity or expression, age, religion, national origin, ancestry, ethnicity, disability, veteran status, genetic information, sexual orientation, marital status, or any characteristic protected under applicable law. Vertex is an E-Verify Employer in the United States. Vertex will make reasonable accommodations for qualified individuals with known disabilities, in accordance with applicable law. Any applicant requiring an accommodation in connection with the hiring process and/or to perform the essential functions of the position for which the applicant has applied should make a request to the recruiter or hiring manager, or contact Talent Acquisition at [e-mail]

Help Us Achieve Our Mission Vertex is a global biotechnology company that invests in scientific innovation to create transformative medicines for people with serious diseases and conditions. The company has approved therapies for cystic fibrosis, sickle cell disease, transfusion-dependent beta thalassemia, acute pain and acromegaly, and it continues to advance clinical and research programs in these areas. Vertex also has a robust clinical pipeline of investigational therapies across a range of modalities in other serious diseases where it has deep insight into causal human biology, including IgA nephropathy, neuropathic pain, APOL1-mediated kidney disease, primary membranous nephropathy, congenital adrenal hyperplasia, ACTH-dependent Cushing's syndrome, autosomal dominant polycystic kidney disease, type 1 diabetes, generalized myasthenia gravis, and myotonic dystrophy type 1. Vertex was founded in 1989 and has its global headquarters in Boston, with international headquarters in London. Additionally, the company has research and development sites and commercial offices in North America, Europe, Australia, Latin America and the Middle East. Vertex is consistently recognized as one of the industry's top places to work, including 17 consecutive years on Science magazine's Top Employers list and one of Fortune’s 100 Best Companies to Work For.

For company updates and to learn more about Vertex's history of innovation, visit www.vrtx.com or follow us on LinkedIn, Facebook, Instagram, YouTube, and X We believe our culture is one of Vertex’s greatest strengths and a key enabler of our ability to deliver transformative medicines for patients who need them. Rooted in innovation, purpose and collaboration, our culture empowers people to take smart risks, challenge conventional thinking and do their best work. The diversity of our people is central to that culture. By bringing together individuals with different backgrounds, experiences and perspectives, we foster an environment where new ideas thrive, better decisions are made and breakthrough innovation is possible. We are committed to creating a workplace where everyone feels valued, included and connected to our shared mission, because we know that our unique culture and the collective strength of our people are what set Vertex apart.