Denali Therapeutics

Associate Director, Procurement

Denali Therapeutics$159K — $207K *
Pharmaceuticals & Biotech
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree in Business or closely related field required
  • 9+ years of procurement experience in the biotech/pharmaceutical industry
  • 5+ years of people management experience (if applicable)
  • Strong business instincts with expertise in purchasing and vendor management
  • Fluent in Development and Commercial activities at a biotech company
  • Familiarity with Procurement IT solutions like Coupa and Concur, alongside knowledge of GAAP/SOX controls.

Responsibilities

  • Collaborate with Development, Commercial, and other functions for vendor sourcing and agreement negotiation.
  • Guide Denali users and vendors through the procure-to-pay process to minimize non-conformances.
  • Resolve procure-to-pay issues promptly within Development and Commercial teams.
  • Manage vendor performance ensuring adherence to agreements and implementing improvement actions.
  • Ensure compliance with contracts, addressing issues, and optimizing vendor relationships during reviews.
  • Document and report on vendor savings and Procurement KPIs to inform strategic decisions.
  • Provide benchmarking and expertise to support functional leadership's spend behavior recommendations.
  • Drive the Procurement strategy and lead any direct reports through growth and training compliance.

Benefits

  • 401k plan
  • Healthcare coverage
  • Employee Stock Purchase Plan (ESPP)
  • Broad range of other benefits
Full Job Description
The Associate Director, Procurement supports Denali functional teams in sourcing, assessing, negotiating and managing vendors and works with Procurement and Expense Systems (e.g. Coupa, Concur) users and vendors to ensure an accurate and efficient procure-to-pay process.

Key Accountabilities/Core Job Responsibilities:
  • Works closely with Development, Commercial and other functions for vendor sourcing, RFP generation, assessments and selection, agreement negotiation and performance management.
  • Guides and assists Denali users of the Procurement System as well as vendors to follow the procure-to-pay process and minimize any non-conformances (e.g. missing PO#s ).
  • Leads the prompt resolution of any procure-to-pay issues within Development and Commercial and with vendors.
  • Accountable for vendor performance including adherence to executed agreements, implementation of actions to improve performance.
  • Ensure contracts are followed, issues are addressed, risks are managed and vendor relationships are optimized by serving as the Procurement lead in joint operations reviews and governance meetings with business partners.
  • Documents, monitors and reports vendor savings and other Procurement KPIs to inform the organization.
  • Maintain understanding of competitive and market data to influence effective negotiation outcomes.
  • Support functional leadership by providing benchmarking and subject matter expertise for key activities and provide recommendations on spend behavior.
  • Contributes to and helps drive the Procurement strategy.
  • Leads direct report(s) through annual goal setting, growth planning, adherence to company policies, maintain training compliance and provide ongoing feedback on growth, development and areas of improvement (if applicable).


Qualifications/Skills:
  • Bachelor's Degree in Business or closely related field required
  • 9+ plus years of procurement experience in the biotech/pharmaceutical industry
  • 5+ years of people management experience (if applicable)
  • Strong business instincts and strong knowledge and experience in purchasing, negotiating and managing vendor relationships
  • Fluent with Development and Commercial activities at a biotech company
  • Strong knowledge of critical Procurement IT solutions (e.g. Coupa, Concur) and of GAAP/SOX and internal accounting controls


Salary Range: $159,000.00 to $207,000.00 . Compensation for the role will depend on a number of factors, including a candidate's qualifications, skills, competencies, and experience. Denali offers a competitive total rewards package, which includes a 401k, healthcare coverage, ESPP and a broad range of other benefits. Learn more at https://www.denalitherapeutics.com/careers

This compensation and benefits information is based on Denali's good faith estimate as of the date of publication and may be modified in the future.

About Denali Therapeutics

Denali Therapeutics is a biotechnology company focused on developing therapies for neurodegenerative diseases. The company's pipeline includes treatments for Parkinson's disease, Alzheimer's disease, and amyotrophic lateral sclerosis (ALS). Denali Therapeutics uses a proprietary technology platform to develop drugs that can cross the blood-brain barrier, which is a major challenge in treating neurological disorders. The company was founded by a team of scientists with extensive experience in drug development and neuroscience research.
Learn more about Denali Therapeutics
Size
380 employees
Market Cap
$3.7 billion
Industry
Net Income
$71.1 million
Founded
2015
Revenue
$335.6 million
NASDAQ

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