Back to Job Search

Sourcing Associate

Posted 21 days ago

  • Expiry Date: 05 February 2022

​​​​​Job Description:

REMOTE ROLE

Description:

  • The role of Sourcing Excellence, Contractor for R&D Contracting within the Strategic Sourcing & Procurement (Procurement) function, will be responsible for the delivery of an industry-leading contracting capability through the efficient conduction of dedicated contracting including active contract review, analysis, redlining, negotiation. It will be key for this individual to manage the effective collaboration across multiple locations with cross-functional stakeholders, including Legal, Global Process Owners, and other important cross-functional teams. It will also be key for this individual to manage and handle escalations in the contracting process.

Major Responsibilities and Accountabilities:

  • Lead contract facilitation process for highly complex contracts

  • Serve as primary escalation point for approximately 10 Sourcing Excellence (SE) contract facilitators for template questions, redlines to contract terms, and other process items.

  • Oversee the facilitation of an upward of 25+ contracts at any given time.

  • Support contract executions in a timely method with appropriate legal oversight to ensure compliance with company standards

  • Perform appropriate due diligence by assessing risk mitigating options, and identifying business issues.

  • Coordinate redlines and negotiation strategies with legal and other stakeholders as well as suppliers:

  • Negotiate business terms and collaborate, coordinate and be able to explain risks and implications of contract terms to the business and other stakeholders.

  • Complete gap analysis, review, redline and understand contract language, risks and implications of such language.

  • Draft where appropriate contract terms

  • Defend legal terms on standard internal templates, agreements and third-party paper where necessary.

  • Ensure appropriate written guidelines are followed and/or subject matter expert (SME) input is obtained throughout the process (e.g., privacy, finance, international and domestic taxation, customs and trade, information security, systems quality, software asset management, and other SMEs)

  • Ensure key agreements and contracts are reviewed by peers and superiors to protect and advance the company’s interest

  • Collaborate with cross-functional teams to ensure excellence in contract management

  • Collaborate with the client Legal in its development, oversight and maintenance of relevant contract templates, fallback and guidance

  • Identify points of escalation for Sourcing Excellence (SE) to interface with Legal, and other relevant stakeholders (e.g., Compliance, Audit, etc.,) regarding contracting and Procurement policy and related operational questions

  • Support continuous improvement initiatives towards an industry-leading contracting capability within Procurement

  • Participate in training for professional development and further expansion of contracting skillsets

  • Ensure thresholds and hand-offs between Business, Legal, and other involved parties are clear and well communicated

  • Partner with functional / regional category teams to maintain effective contracting procedures and ensure adherence to regional/global category strategies

  • Collaborate with Global Process Owners

Internal/External Stakeholders:

  • Procurement Functional Leadership

  • Global Process Owners

  • Sourcing Excellence Functional Leads / Teams

  • company Legal Teams

Qualifications:

Minimum Requirements:

  • B.S./B.A. or equivalent degree

  • JD or equivalent degree (e.g., paralegal)

  • Legal training/qualification/experience could be a differentiator

  • 5-7 years of relevant experience including drafting, reviewing and negotiating procurement / business contracts, procurement negotiations (preferably in Pharmaceutical or Life Sciences industries [or other regulated industries])

  • Experience managing cross-functional and/or global teams of contracting and / or procurement professionals and in establishing performance expectations

  • Internal stakeholder management, data/information management, category management, process redesign and continuous improvement expertise, project management and performance measurement skills

  • Procurement process knowledge, contract management, financial analysis, market analysis, supplier analysis, supplier diversity, supplier management, technology utilization, strategic planning and integrated supply chain experience

  • Procurement process knowledge, contract management, Understanding of legal terms vs. business terms

  • Analytical and active reader with an ability to recognize and critically assess business and legal risks and their implications

  • Effective communicator in explaining legal risks and their implications to both experts and laypersons

  • Proficient in Microsoft Office applications and collaboration tools such as Microsoft Teams

  • Understanding of urgency and ability to maintain high performance under tight timelines

  • Excellent verbal, written, and interpersonal communication skills

  • Demonstrates ability to ask the right questions and use sound business judgment

  • The ability to deal effectively with ambiguity and thrive in a fast-moving environment

  • Excellent organizational and multi-tasking skills with tremendous attention to detail

Preferred Qualifications:

  • Relevant professional certifications (e.g., CPM, CPIM)

  • Previous experience in Pharmaceutical, Life Sciences, Clinical Development, Medical Devices, etc. industries a significant plus 3 years of Pharmaceutical Procurement experience

  • Membership in Professional Associations (e.g., ISM)

  • R&D and/or Business Insights and Analytics (BI&A), Claims Data &other real-world data (RWD) sources, and real-world evidence (RWE) experience

  • Familiarity with healthcare laws, rules, and regulations including the Federal Anti-Kickback Statute, the Affordable Care Act, the Health Insurance Portability and Accountability Act (HIPAA), and other data privacy laws Lawford evidence (RWE) experience

  • Familiarity with healthcare laws, rules, and regulations including the Federal Anti-Kickback Statute, the Affordable Care Act, the Health Insurance Portability and Accountability Act (HIPAA), and other data privacy laws. 

About ASK:ASK Consulting is an award-winning technology and professional services recruiting firm servicing Fortune 500 organizations nationally. With 5 nationwide offices, two global delivery centers, and employees in 42 states-ASK Consulting connects people with amazing opportunities

ASK Consulting is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all associates.