Director - Business Development

Cencora; United (PA); Remote; USD 120,000 - 160,000; Full time

Job summary

Cencora is seeking a Director of Business Development to drive transformative growth through strategic investments. This role requires a strategic thinker with a proven track record in business leadership, particularly in the Healthcare and MedTech sectors. The successful candidate will collaborate with senior leadership to identify high-value acquisition opportunities and oversee comprehensive due diligence processes, ensuring alignment with Cencora’s strategic goals.

Benefits

Medical Benefits

Dental Benefits

Vision Care

Wellness Programs

Paid Parental Leave

Professional Development

Qualifications

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

Responsibilities

• Drive growth through M&A and partnerships.
• Develop deal theses and oversee due diligence processes.
• Collaborate with senior leadership on strategic direction.

Skills

Strategic Thinking

Analytical Skills

Communication

Problem Solving

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 team 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 into execution.
• Conduct specialized market work that builds on end-market strategies developed by the Strategic Development group.

Deal Sourcing, Evaluation, and Execution

• Build a proactive funnel of targets and drive comprehensive cultivation plans to create an advantaged actionability.
• Develop comprehensive deal theses that build on end-market strategic knowledge through market work and collaborate with the business team to develop a proprietary view on value creation.
• Partner with Corporate Development on ROIC model development and develop grounded assumptions to identify value drivers.
• Successfully navigate deal stage gate processes to drive deal disposition.

Deal Diligence and Execution

• Drive cross-functional diligence streams to fully assess assets and identify impacts to overall valuation.
• Engage subject matter experts to provide deal-specific assessments to inform decision-making.
• Identify key risk areas and develop proposed integration action plans.

EXPERIENCE AND EDUCATIONAL REQUIREMENTS:

• Typically requires 8+ years of consulting, investment banking, or business leadership experience 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.
• Advanced strategic and analytical skills, capable of interpreting complex data and market trends.
• Strong executive presence with effective communication skills for senior audiences.
• Ability to drive deal origination, cultivation, and strategic alignment.
• Experience in due diligence processes for acquisitions.
• Ability to foster cross-functional collaboration and leadership.
• Excellent presentation skills and industry knowledge for strategic insights.
• Strong project management skills to handle multiple priorities.
• Problem-solving skills with the ability to evaluate options and implement solutions.

What Cencora offers

We provide compensation, benefits, and resources that enable a highly inclusive culture and support our team members’ ability to live with purpose every day. Our offerings include medical, dental, vision care, and a suite of wellness programs supporting physical, emotional, financial, and social well-being. We support working families with benefits like backup dependent care, adoption assistance, infertility coverage, family building support, behavioral health solutions, paid parental leave, and paid caregiver leave. We also offer training programs, professional development, mentorship, employee resource groups, volunteer activities, and more. For details, visit https://www.virtualfairhub.com/cencora

Equal Employment Opportunity

Cencora is committed to providing equal employment opportunities regardless of race, color, religion, sex, sexual orientation, gender identity, genetic information, national origin, age, disability, veteran status, or any other protected class. We ensure non-discrimination in recruiting, training, compensation, benefits, promotions, and transfers. We provide reasonable accommodations for individuals with disabilities during the employment process. To request accommodations, contact us at 888.692.2272 or [e-mail]. Messages unrelated to accommodation requests will not be responded to.

Affiliated Companies

Affiliated Companies: AmerisourceBergen Services Corporation