Procurement Manager at Vertex in Boston, MA

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Job Description:

The Procurement Manager will oversee, manage and lead the Procurement function (requisition processing and PO delivery) and team members across all sites within North America. Direct the activities of the Procurement team to achieve all Company goals and objectives through coaching, mentoring and development of the team. Develop new policies and practices, where required, to ensure the Procurement function operates efficiently, provides high customer satisfaction, and attains optimal performance. Constantly seek to implement new technologies, end-to-end automation and other "best practices" to drive improved efficiency across the Procure-to-Pay process. Challenge existing practices to assess the value-add to the organization; recommend changes based on data-driven analyses. Through the use of data analysis and a systematic process of root cause and corrective action, instill a culture of continuous improvement across the Procurement organization.
Key Responsibilities:
- Management of the daily Procurement team activities; ensure Oracle order queue is appropriately balanced across the buyers; oversee the output quality of Procurement team including adherence to our global PO Policy.
- Establish strong working relationships with all business partners, including AP, Finance, Strategic Sourcing, Clinical and other business stakeholders across all NA sites to drive change and adherence to applicable policies and processes. Specific focus on relationship-building with AP/Finance to drive closer collaboration and integration of the groups in management of the Procure-to-Pay process.
- Collaborate with a cross functional P2P team to develop and track metrics that will measure the effectiveness and efficiency of the P2P cycle and identify non-compliance and training opportunities within the business.
- Support the Supplier Enablement process to ensure all suppliers understand Vertex's practices and requirements related to delivery of goods and/or services.
- Establish annual performance targets for the team to drive continuous improvement; foster the development of a data driven culture across the Procurement group in which action plans drive improvement based on thorough root cause analyses, clear implementation dates, and the identification of responsible owners for each action. Present key findings and accomplishments to Senior management and key stakeholders.
- Partner with our Research locations in San Diego and Boston through the use of technology, process and effective communication.
- Perform monthly SOX-compliance reports and immediately escalate issues to Manager; support audit requirements, when necessary.
- Review and approve POs per our PO Policy compliance requirements, based on dollar value threshold.
- Support Procurement training to all new employees; periodically review and refresh training materials and intranet site content as required.
- Support Quarterly Business Reviews with key strategic suppliers by providing data and feedback to the Strategic Sourcing organization when requested.
- Serve as Oracle 'owner' for Procurement by approving access requests, system changes, or upgrades. Work with Global Information Systems group to monitor the development and implementation of desired Oracle R12 enhancements.
- Work with HR on a semi-annual basis for the recruitment of co-op students to support Procurement.


Minimum 5+ years working in the Procurement function
- Bachelor's degree from 4-year College or University
- Prior management experience fostering a high performing team
- Large scale ERP system experience

Preferred Qualifications:
- Pharmaceutical or life science industry experience preferred but not required.
- Strong process and data-driven background; Green or black belt experience a plus.
- Ability to develop, design, implement, and monitor plans, policies, procedures and systems.
- Broad knowledge of the entire procure-to-pay process desirable (i.e. invoice and payment process).
- Experience with Oracle, supplier catalog management tools (i.e. SciQuest or similar) strongly desired.
- Strong interpersonal and communication skills (both written and verbal). Comfortable as a Change Agent driving new approaches and methodologies across the organization.
- Comfortable making presentations, interfacing with senior leadership.

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