Director - Business Development

Cencora, Inc.; Connecticut; Remote; USD 120,000 - 160,000; Full time

Job summary

A leading company in the healthcare sector is seeking a Director of Business Development to drive growth through strategic acquisitions and partnerships. This role involves collaborating with senior leadership and executing comprehensive M&A strategies. The ideal candidate will have extensive experience in consulting or business leadership, particularly within the Healthcare and MedTech sectors. Join us to make a significant impact on the future of health.

Benefits

Medical Benefits

Dental Benefits

Vision Benefits

Wellness Programs

Support for Working Families

Training

Mentorship

Volunteer Opportunities

Qualifications

• 8+ years in consulting, investment banking, or business leadership.
• Experience in Healthcare and MedTech sectors.

Responsibilities

• Develop and execute M&A strategies for growth.
• Lead cross-functional diligence for deal assessments.

Skills

Strategic Thinking

Analytical Skills

Communication Skills

Project Management

Education

MBA

Technical Degrees

Job description

Our team members are at the heart of everything we do. At Cencora, we are united in our responsibility to create healthier futures, and every person here is essential to us being able to deliver on that purpose. If you want to make a difference at the center of health, come join our innovative company and help us improve the lives of people and animals everywhere. Apply today!

Job Details

#Ll-Remote

We are hiring for a Director of Business Development to join our dynamic team! This is a fantastic opportunity for a strategic thinker and results-driven professional who is passionate about driving growth and building strong relationships.

POSITION SUMMARY:

The Director of Business Development will play a crucial role in driving transformative growth and margin enhancement through strategic inorganic investments. This position is instrumental in executing Cencora's strategic direction by identifying and capitalizing on high-value acquisition and partnership opportunities within Cencora’s target markets. The Director will collaborate closely with senior leadership to leverage mergers and acquisitions (M&A) as key growth enablers. The incumbent will proactively source and cultivate potential targets, develop compelling strategic investment theses, and oversee comprehensive due diligence processes to ensure successful execution of business development initiatives.

PRIMARY DUTIES AND RESPONSIBILITIES:

Business Development leadership

• Partner with senior leadership to develop and execute a comprehensive inorganic (M&A, partnerships, etc.) strategy for Cencora’s target markets that advances the overall enterprise and business unit strategy.
• Conduct specialized market analysis to support end-market strategies developed by the Strategic Development group.

Deal Sourcing, Evaluation, and Execution

• Build a proactive funnel of targets and execute cultivation plans to create strategic opportunities.
• Develop comprehensive deal theses based on market research and strategic knowledge, collaborating with the business team to identify value creation opportunities.
• Partner with Corporate Development to develop ROIC models and establish assumptions to evaluate value drivers.
• Navigate deal stage gate processes to drive deal progression and closure.

Deal Diligence and Execution

• Lead cross-functional diligence to assess assets and identify impacts on valuation.
• Engage subject matter experts for deal-specific assessments to inform decision-making.
• Identify key risks and develop integration action plans post-deal.

EXPERIENCE AND EDUCATIONAL REQUIREMENTS:

• Typically requires 8+ years of experience in consulting, investment banking, or business leadership with inorganic activity.
• Significant experience in Healthcare and MedTech sectors.
• MBA and technical degrees are preferred.

MINIMUM SKILLS, KNOWLEDGE, AND ABILITY REQUIREMENTS:

• Proven track record of successful business transformation and leading organizations through change.
• Strong strategic, analytical, and market trend interpretation skills.
• Excellent executive presence and communication skills for presenting to senior leadership.
• Experience in deal origination, cultivation, and due diligence processes.
• Ability to foster cross-functional collaboration and leadership.
• Deep industry knowledge and ability to synthesize complex information.
• Effective project management and problem-solving skills.

What Cencora offers

We provide competitive compensation, comprehensive benefits, and resources that promote an inclusive culture and support our team members’ purpose-driven lives. Benefits include medical, dental, vision, wellness programs, support for working families, training, mentorship, and volunteer opportunities. For more details, visit https://www.virtualfairhub.com/cencora.

Equal Employment Opportunity

Cencora is committed to equal opportunity employment, prohibiting discrimination and providing reasonable accommodations for individuals with disabilities. To request accommodations, contact 888.692.2272 or [e-mail]. Messages unrelated to accommodations will not be responded to.

Affiliated Companies

Affiliated Companies: AmerisourceBergen Services Corporation