Senior Manager, R&D Outsourcing, Contracts and Vendor Management

Company: Terns Pharmaceuticals
Location: San Mateo
Posted on: March 13, 2023

Job Description:

Position Overview: We are seeking an experienced Senior Manager with a strong foundation in the principles of outsourcing, contract management, finance and vendor management to support drug development projects from late-stage research to through product registration. This individual will work closely with key stakeholders to support successful negotiation of outsourcing related activities including contracts and budgets, and vendor relationship management over the contract life cycle and will report directly to Sr. Director, R&D Outsourcing, Contracts and Vendor Management. Responsibilities: Support the Sr. Director on with the entire end-to-end process of R&D outsourcing and contracting activities with service providers including but are not limited to Vendor Identification, Vendor Capabilities, Request for Information (RFI), Request for Proposal (RFP), bid comparison/evaluation, bid defense meetings, vendor selection, contract and budget negotiations & execution. - Provide contract lifecycle management (e.g, contract amendments, cost containment, end of project reconciliation) needed to support development programs working with relevant R&D internal stakeholders. - Critical thinking ability to ask probing questions to uncover business needs into vendor capabilities, RFI, and RFP as appropriate and provide recommendation for vendor selection for a program or specific trial(s). - Ensures consistency in complex Vendor Outsourcing specific policies and procedures, demonstrates understanding of corporate goals as they relate to Vendor Outsourcing. - Support ongoing improvement to Vendor Outsourcing business process. - With support from Legal, acts as lead for contract negotiation process on assigned projects. - Ensures contracts are established and executed to contribute to corporate success in a timely and cost-effective manner - Negotiate and support consulting and health care professional agreements (e.g., advisory board agreements, DSMBs), - Support Finance Team during budget refresh to ensure pending contracts and amendments are captured appropriately. Outsourcing and Vendor Management - Works with relevant stakeholders to develop outsourcing strategy - Establish and cultivate effective internal and external partnerships to meet the company's business requirements related to quality, delivery, and timelines. Manage the evolution of CRO partnerships and alliances through their life cycles - Support and potentially lead 'fit for purpose' governance across key CRO and vendor relationships from inception through implementation, manage governance plan, and provide guidance to key stakeholders. - Triage program or study-level vendor performance issues, escalate high-risk issues to the relevant stakeholders, and facilitate plans for executing resolution and/or mitigation strategies. - Demonstrated the ability to recommend or make critical decision associated with vendor contract negotiation and escalations. - Collaborate with and support relevant key stakeholders to develop and implement analytics/metrics to improve decision making, measure value, and enable a more strategic view of the portfolio, including development of Key Performance Indicators to measure supplier performance and drive business goals and improvements. Desired Skills and experience: - BA/BS degree and a minimum of 5-7 years' experience from a relevant discipline/industry preferably in biotech/pharma industry - Strong interpersonal and problem-solving skills. - Strong work ethics with the ability to prioritize and operate with a sense of urgency and apply critical thinking in day-to-day activities - Outsourcing, contract and budget development and management experience - Skilled in MS Office Suites (i.e., MS Word and Excel) - Ability to work independently and cross functionally - Possess flexibility to adapt to small biotech culture and environment with limited resources, "ready to roll up your sleeves to get the work done" attitude. The US base salary range for this full-time position is $152,000 - $180,000 + bonus + equity + benefits. Our salary ranges are determined by role, level, and location. The range displayed on each job posting reflects the minimum and maximum target for new hire salaries for the position across all US locations. Within the range, individual pay is determined by work location and additional factors, including job-related skills, experience, and relevant education or training. Your recruiter can share more about the specific salary range for your preferred location during the hiring process. - Please note that the compensation details listed in the US role postings reflect the base salary only. - - NOTE: This position summary is not intended to be all-inclusive. Employee may be required to perform other related duties as assigned to meet the ongoing needs of the organization. Terns Pharmaceutical is an equal opportunity employer, and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, protected veteran status, or disability status, or any other characteristic protected by law. Powered by JazzHR

Keywords: Terns Pharmaceuticals, San Mateo , Senior Manager, R&D Outsourcing, Contracts and Vendor Management, Accounting, Auditing , San Mateo, California