Senior Procurement Contract Excellence Manager

BioSpace; Plainsboro Township (NJ); On-site; USD 120,000 - 223,000; Full time

Benefits offered by this job

Medical Insurance

Dental & Vision Insurance

Life Insurance

Disability Insurance

401(k) Savings Plan

Flexible Spending Accounts

Employee Assistance Program

Tuition Reimbursement

Group Legal

Critical Illness Insurance

Identity Theft Protection

Pet Insurance

Auto/Home Insurance

Sick Time Policy

Flexible Vacation Policy

Parental Leave Policy

Job summary

Novo Nordisk in Plainsboro, NJ, seeks a Director of Contract Excellence and Sourcing Operations to lead contracting process execution, drive improvements, and supervise a team of up to 4 members. You will partner with stakeholders across Finance, Legal, IT, and Quality to optimize the Contract-to-Pay lifecycle.

The role requires deep contracting expertise, strategic advisory capabilities, and strong communication skills.

Qualifications

• Bachelor's degree required.
• 10+ years of procurement experience with 7+ years in sourcing-to-pay and contracting.
• 3+ years of people leadership.

Responsibilities

• Contracting and Continuous Improvement: deliver vision, priorities, and roadmaps; manage KPIs; negotiate complex contracts.
• Team Supervision: drive KPIs, mentor team, foster learning and morale.
• Business Partnering And User Experience: build stakeholder relationships, provide training resources, collaborate on dashboards and data quality.
• Contracting Technology Adoption: adopt AI-enabled contracting and identify process improvements.
• Physical Requirements: 0-10% overnight travel.

Skills

Procurement leadership

Contracting & negotiation

Stakeholder partnership

Communication skills

Education

Bachelor's degree

Tools

Coupa

Ironclad

MS PowerPoint

MS Excel

Job description

About The Department

The Finance & Operations department brings insights and intelligence to inform decision making & drives digitalization and business solutions to attain NNI goals. Finance & Operations works closely across the organization to guide enterprise-wide resource allocations, investment choices, drive core operations and develop insights to drive growth and operational excellence across the value chain while innovating for future capabilities. Our focus on innovation ensures we're constantly building future capabilities. We're responsible for regulating accounting, upholding workplace safety, managing our supply chain and sampling, supporting technological and data innovation, maintaining our facilities and assuring the integrity and completeness of all business transactions. At Novo Nordisk, you will have the opportunity to build a career in a global business environment. We encourage our employees to make the most of their talent, and we reward hard work and dedication with opportunities for continuous learning and personal development. Are you ready to maximize your potential with us?

About The Department

The Finance & Operations department brings insights and intelligence to inform decision making & drives digitalization and business solutions to attain NNI goals. Finance & Operations works closely across the organization to guide enterprise-wide resource allocations, investment choices, drive core operations and develop insights to drive growth and operational excellence across the value chain while innovating for future capabilities. Our focus on innovation ensures we're constantly building future capabilities. We're responsible for regulating accounting, upholding workplace safety, managing our supply chain and sampling, supporting technological and data innovation, maintaining our facilities and assuring the integrity and completeness of all business transactions. At Novo Nordisk, you will have the opportunity to build a career in a global business environment. We encourage our employees to make the most of their talent, and we reward hard work and dedication with opportunities for continuous learning and personal development. Are you ready to maximize your potential with us?

The Position

This position supports the Director of Contract Excellence and Sourcing Operations in day-to-day execution of the contracting process and its continuous improvement through simplification and automation. It also provides general support of the broader Contract-to-Pay process including risk-based channel strategies aligned with category strategies. The role manages stakeholder relationships and works to elevate stakeholder experience. The role also works closely with contracting subject matter experts and SOP owners in NNI and Novo Nordisk A/S. In addition, the position provides supervision and guidance to members of the Contract Excellence team.

Relationships

Reports to the Director of Contract Excellence and Sourcing Operations. Will interact with other Procurement leaders, locally and globally. Has extensive interaction with all Line of Business (LOB) customer areas. Develops a deep and collaborative relationship with key stakeholders and senior management within Finance, Legal, IT, Quality, Compliance and Product Safety. Leads an Operations team comprising up to 4 members.

Essential Functions

• Contracting and Continuous Improvement:
  • Collaborates with the Operations Leader on the delivery of the vision, strategic priorities and roadmap for contracting
  • Supervises day-to-day contracting process execution based on KPIs including cycle time, AI adoption, business partnering, and productivity of team members
  • Negotiates urgent or complex contracts with counterparties
  • Identifies and drives continuous improvement in process. Utilizes data to make decisions on process improvements, measure process performance, etc.
  • Provides general support of the broader Contract-to-Pay process, such as executing a risk-based channel strategy aligned with category strategies
• Team Supervision:
  • Drives accountability on KPIs of cycle time, volume throughput, AI adoption
  • Provides guidance on issue management
  • Ensures team engagement and morale
  • Establishes a learning culture and a continuous improvement mindset.
• Business Partnering And User Experience:
  • Cultivates and maintains strong relationships with stakeholders, including providing strategic advice, updates and reports, and gathering feedback
  • Ensures the development, delivery and storage of high-quality communication and training resources related to policy, processes, technology, tools, and other process matters
  • Closely collaborates with BI on data quality, dashboards, and insights
  • Closely collaborates with Digital-on-digital transformation projects
  • Closely collaborates with Global System teams on platform feature enhancements, version releases, etc.
  • Facilitates organization change management for changes in policy, process, platform
• Contracting Technology Adoption:
  • Adopts new technology such as AI-assisted redlining, AI-enabled contracting and leads through example
  • Identifies opportunities to improve processes based on technology, and to leverage technology to enable better process
• Physical Requirements:
  • 0-10% overnight travel required.

Qualifications

• A Bachelor 's degree required
• A minimum of 10 years of progressively responsible, relevant experience required with at least 7 years in procurement source to pay process management, with specific emphasis in contracting. A minimum of 3 years of experience in contract redlining and negotiation with counterparties
• Knowledge and experience in world class Contract Lifecycle Management systems such as Coupa, Ironclad, etc. Familiarity of broader source to pay platforms is preferred
• A minimum of 3 years of people leadership
• Demonstrated experience as a valued advisor and partner to stakeholders by providing influential counsel and guidance
• Demonstrated experience developing and communicating complex problem statements and recommendations to gain stakeholder endorsement
• Ability to effectively plan, prioritize, execute and follow-up in a timely manner and anticipate problems and roadblocks to avoid crisis management
• Excellent written and verbal communication and interpersonal skills required
• Knows how to get things done both through formal and informal channels
• Advanced MS PowerPoint/MS Excel required
• Pharmaceutical or biotech industry experience preferred

The base compensation range for this position is $120,300 to $222,600. Base compensation is determined based on a number of factors. This position is also eligible for a company bonus based on individual and company performance. Novo Nordisk offers long-term incentive compensation and or company vehicles depending on the position's level or other company factors.

• medical, dental and vision coverage
• life insurance
• disability insurance
• 401(k) savings plan
• flexible spending accounts
• employee assistance program
• tuition reimbursement program
• group legal
• critical illness
• identity theft protection
• pet insurance
• auto/home insurance
• sick time policy
• flex-able vacation policy
• parental leave policy

We commit to an inclusive recruitment process and equality of opportunity for all our job applicants.

Novo Nordisk is an equal opportunity employer. Qualified applicants will receive consideration for employment without regard to race, ethnicity, color, religion, sex, gender identity, sexual orientation, national origin, disability, protected veteran status or any other characteristic protected by local, state or federal laws, rules or regulations.

If you are interested in applying to Novo Nordisk and need special assistance or an accommodation to apply, please call us at 1-855-411-5290. This contact is for accommodation requests only and cannot be used to inquire about the status of applications.