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Senior Manager, GPO Strategic Contracting (V&A)

Teva Pharmaceuticals
Full-time
Remote friendly (Parsippany, New Jersey, United States)
Worldwide
Corporate Functions
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Who We Are

Together, we’re on a mission to make good health more affordable and accessible, to help millions around the world enjoy healthier lives. It’s a mission that bonds our people across nearly 60 countries and a rich, diverse variety of nationalities and backgrounds. Working here means working with the world’s leading manufacturer of generic medicines, and the proud producer of many of the products on the World Health Organization’s Essential Medicines List. Today, at least 200 million people around the world take one of our medicines every single day. An amazing number, but we’re always looking for new ways to continue making a difference, and new people to make a difference with.

The opportunity

The Senior Manager of GPO (Group Purchasing Organization) is a pivotal role that will lead the contracting activities for Teva’s GPO partnerships, ensuring optimized value from these contractual relationships as consistent with Teva’s objectives. This position will work closely with internal stakeholders across Account Management, Payer Marketing, Finance, Legal, and Operations in support of Teva’s Branded and Biosimilar portfolio. This role will have one direct report.

Location: This is a hybrid opportunity that can be based out of our Parsippany, NJ or West Chester, PA offices.

How You’ll Spend Your Day

All areas of responsibility listed below are essential to the satisfactory performance of this position by any incumbents with reasonable accommodation if necessary. Any non-essential functions are assumed to be included in other related duties or assignments.

Contract Development & Negotiation

  • Lead the development and execution of contracting strategies with GPOs to ensure alignment with Brand and organizational goals for assigned customers.
  • Propose and craft contract language as consistent with intent and business objectives.
  • Manage the RFP bid process, negotiate, renew, and manage contracts with GPO partners to maximize value, cost efficiencies, and service levels.
  • Collaborate with Legal, Finance, and internal stakeholders to ensure all contracts comply with organizational and regulatory requirements.
  • Manage the contract approval process to ensure proper Governance, organizational awareness and Leadership alignment.

Data & Financial Analysis

  • Analyze purchasing data and market trends to identify opportunities for new contract negotiations or improvements to existing agreements.
  • Utilize data analytics to track GPO performance, savings achieved, and identify areas for future opportunities.
  • Prepare pre and post deal analytics to inform contract decision making and assess ROI.
  • Align with Finance to capture all contractual changes impacting financial projections for accruals and business planning purposes.

Cross-Functional Collaboration

  • Work closely with the Account Management, Payer Marketing, Finance, and Pricing teams to ensure alignment on all proposals and contracting recommendations.
  • Provide expert guidance and training on GPO contracting strategies to internal teams.
  • Contribute to a high-performance culture by promoting best practices with a collaborative, supportive and positive mind-set to meet Teva’s objectives.

Compliance & Risk Management

  • Ensure compliance with internal policies, legal regulations, and industry standards throughout the contracting process.
  • Identify potential risks related to GPO contracting and develop mitigation strategies.
  • Support the internal and external audit process, as well as dispute resolution in partnership with Compliance, as necessary.

Your Experience And Qualifications

Any equivalent combination of education, training and/or experience that fulfills the requirements of the position will be considered.

Education/Certification/Experience

  • Bachelor’s degree in Business Administration, Supply Chain Management, Finance, or related field.
  • MBA, JD or advanced degree preferred.
  • Minimum of 6 years of experience in contract management, procurement, or supply chain management with a focus on GPO contracting.
  • Direct report leadership experience.

Skills/Knowledge/Abilities

  • Proven track record of negotiating complex contracts and managing GPO contractual relationships in a corporate setting; legal training is a plus.
  • Experience in the healthcare, pharmaceuticals, or other industries with GPO relationships is highly desirable.
  • Strong leadership and mentoring abilities with experience managing direct report(s) in a high-pressure, fast-paced environment.
  • Strong financial acumen and contract language development skills with keen attention to detail.
  • Excellent communication, interpersonal, and leadership skills.
  • Ability to manage multiple projects and priorities in a fast-paced environment.

Travel Requirements

Approximately 5-10% domestic travel throughout the US. Occasional.

PHYSICAL REQUIREMENTS:

  • Sitting for extended periods of time at workstation or mobile equipment.
  • Visual Acuity: Perform activities such as computer work, preparing and analyzing data, and extensive reading.

WORKING ENVIRONMENT

May be required to wear personal protective equipment (PPE) as needed on site visits (i.e. safety glasses, hearing protection, gloves, etc.).

Enjoy a more rewarding choice

We Offer a Competitive Benefits Package, Including

  • Comprehensive Health Insurance: Medical, Dental, Vision, and Prescription coverage starting on the first day of employment, providing the employee enrolls.
  • Retirement Savings: 401(k) with employer match, up to 6% and an annual 3.75% Defined Contribution to the 401k plan.
  • Time Off: Paid Time Off including vacation, sick/safe time, caretaker time and holidays.
  • Life and Disability Protection: Company paid Life and Disability insurance.
  • Additional benefits include, but are not limited to, Employee Assistance Program, Employee Stock Purchase Plan, Tuition Assistance, Flexible Spending Accounts, Health Savings Account, Life Style Spending Account, Volunteer Time Off, Paid Parental Leave, if eligible, Family Building Benefits, Virtual Physical Therapy, Accident, Critical Illness and Hospital Indemnity Insurances, Identity Theft Protection, Legal Plan, Voluntary Life Insurance and Long Term Disability and more.

Already Working @TEVA?

If you are a current Teva employee, please apply using the internal career site available on "Employee Central". By doing so, your application will be treated with priority. You will also be able to see opportunities that are open exclusively to Teva employees. Use the following link to search and apply: Internal Career Site. The internal career site is available from your home network as well. If you have trouble accessing your EC account, please contact your local HR/IT partner.

Teva’s Equal Employment Opportunity Commitment

Teva Pharmaceuticals is committed to equal opportunity in employment. It is Teva's policy that equal employment opportunity be provided without regard to age, race, creed, color, religion, sex, disability, pregnancy, medical condition, genetic information, marital status, sexual orientation, gender identity or expression, ancestry, national or ethnic origin, citizenship status, military status or status as a disabled or protected veteran, or any legally recognized status entitled to protection under applicable federal, state, or local laws.

Please advise us of any accommodations needed to support you throughout the recruitment and selection process. All accommodation information provided will be treated as confidential and used only for the purpose of providing an accessible candidate experience. Request a reasonable accommodation by sending an email to disabilityassistance@tevapharm.com with the nature of your request and your contact information. Only inquiries concerning a request for a reasonable accommodation will be responded to from this email address.

Important notice to Employment Agencies - Please Read Carefully

Teva Pharmaceuticals USA does not accept unsolicited assistance from agencies for employment opportunities. All CVs / resumes submitted by search firms to any employee at our company without a valid written search agreement in place for this position will be deemed the sole property of our company. No fee will be paid in the event a candidate is hired by our company as a result of an agency referral where no pre-existing agreement is in place. Where agency agreements are in place, introductions are position specific. Please, no phone calls or emails.

Teva Pharmaceuticals is committed to equal opportunity in employment.

It is Teva's policy that equal employment opportunity be provided without regard to age, race, creed, color, religion, sex, disability, pregnancy, medical condition, genetic information, marital status, sexual orientation, gender identity or expression, ancestry, national or ethnic origin, citizenship status, military status or status as a disabled or protected veteran, or any legally recognized status entitled to protection under applicable federal, state, or local laws.