Senior Manager, Procurement, Strategic Value Capture

Working with Us
Challenging. Meaningful. Life-changing. Those aren’t words that are usually associated with a job. But working at Bristol Myers Squibb is anything but usual. Here, uniquely interesting work happens every day, in every department. From optimizing a production line to the latest breakthroughs in cell therapy, this is work that transforms the lives of patients, and the careers of those who do it. You’ll get the chance to grow and thrive through opportunities uncommon in scale and scope, alongside high-achieving teams rich in diversity. Take your career farther than you thought possible.

Bristol Myers Squibb recognizes the importance of balance and flexibility in our work environment. We offer a wide variety of competitive benefits, services and programs that provide our employees with the resources to pursue their goals, both at work and in their personal lives. Read more: careers.bms.com/working-with-us.

The Senior Manager, Procurement, SVC Achievement role will oversee the budgeting process, financial planning, and analysis to ensure the organization’s financial health and operational efficiency. This role integrates financial management with strategic planning and operational oversight to help the company achieve its financial goals and objectives. The position involves close collaboration with the Finance department to develop, monitor, and manage budgets, providing accurate financial analysis and reporting to support strategic decision-making. The ideal candidate will have strong analytical skills, attention to detail, and the ability to work collaboratively with various departments.

Major Responsibilities and Accountabilities: 

Budget Development and Management

• Oversee and lead the annual budgeting and quarterly forecasting processes in collaboration with Finance, including the preparation, consolidation, and review of departmental budgets.

• Responsible for collecting budget data from all areas within Procurement and providing it to Finance for consolidation.

• Monitor and manage budget performance and provide regular updates to senior management.

• Ensure budget alignment with strategic goals and objectives.

• Analyze variances between actual and budgeted figures, providing insights and recommendations for corrective actions.

Financial Analysis & Reporting

• Analyze financial reports and data from the Finance department to assess the organization's financial performance.

• Conduct detailed financial analysis to support strategic planning and performance improvement.

•  Identify trends, variances, risks, opportunities, and key performance indicators that impact strategic goals.

• Translate financial data into actionable insights to inform strategic decision-making and provide recommendations to senior management to drive business growth and efficiency.

• Collaborate with the Finance department to prepare and review financial reports, and provide regular updates on budget status, financial performance, and key metrics to senior management.

Reporting and Compliance

• Prepare and present budget status updates, financial performance summaries including budget vs actual analysis, and key metrics to senior management and stakeholders.

• Communicate financial information in a clear and concise manner to non-financial stakeholders.

• Ensure compliance with financial regulations, accounting standards, and internal policies.

• Collaborate with external auditors and provide necessary documentation for audits as required.

Cost Control and Optimization

• Monitor and control expenditures to ensure alignment with budgetary constraints.

• Identify cost-saving opportunities and implement measures to improve financial efficiency.

• Review and approve budget adjustments and reallocations.

Collaboration and Communication

• Collaborate with Finance and other departments to ensure accurate and timely financial reporting.

• Participate in cross-functional teams to support strategic initiatives and projects.

• Work closely with department heads to understand their financial needs and provide guidance on budget management.

• Communicate budgetary guidelines and timelines to ensure timely submission of budget proposals.

• Provide training and support to staff on budget-related matters.

System and Process Improvement

• Implement best practices and innovative solutions to improve financial management.

• Ensure the accuracy and integrity of financial data.

Internal/External Stakeholders

• Strategy & Performance team within Procurement

• Procurement SLT

Qualifications

Minimum Requirements

• Minimum education of a Bachelor’s degree in Finance, Accounting, Business Administration, or a related field.

• Minimum of five (5) years of experience in budgeting, financial planning, and analysis.

• Strong knowledge of financial principles, budgeting techniques, and accounting standards.

• Proficiency in financial software and tools (e.g., ERP systems, Excel).

• Excellent analytical, problem-solving, and decision-making skills.

• Ability to work independently and collaboratively in a team environment.

#LI-Hybrid

If you come across a role that intrigues you but doesn’t perfectly line up with your resume, we encourage you to apply anyway. You could be one step away from work that will transform your life and career.

Uniquely Interesting Work, Life-changing Careers
With a single vision as inspiring as “Transforming patients’ lives through science™ ”, every BMS employee plays an integral role in work that goes far beyond ordinary. Each of us is empowered to apply our individual talents and unique perspectives in an inclusive culture, promoting diversity in clinical trials, while our shared values of passion, innovation, urgency, accountability, inclusion and integrity bring out the highest potential of each of our colleagues.

On-site Protocol

BMS has a diverse occupancy structure that determines where an employee is required to conduct their work. This structure includes site-essential, site-by-design, field-based and remote-by-design jobs. The occupancy type that you are assigned is determined by the nature and responsibilities of your role:

Site-essential roles require 100% of shifts onsite at your assigned facility. Site-by-design roles may be eligible for a hybrid work model with at least 50% onsite at your assigned facility. For these roles, onsite presence is considered an essential job function and is critical to collaboration, innovation, productivity, and a positive Company culture. For field-based and remote-by-design roles the ability to physically travel to visit customers, patients or business partners and to attend meetings on behalf of BMS as directed is an essential job function.

BMS is dedicated to ensuring that people with disabilities can excel through a transparent recruitment process, reasonable workplace accommodations/adjustments and ongoing support in their roles. Applicants can request a reasonable workplace accommodation/adjustment prior to accepting a job offer. If you require reasonable accommodations/adjustments in completing this application, or in any part of the recruitment process, direct your inquiries to [email protected]. Visit careers.bms.com/eeo-accessibility to access our complete Equal Employment Opportunity statement.

BMS cares about your well-being and the well-being of our staff, customers, patients, and communities. As a result, the Company strongly recommends that all employees be fully vaccinated for Covid-19 and keep up to date with Covid-19 boosters.

BMS will consider for employment qualified applicants with arrest and conviction records, pursuant to applicable laws in your area.

If you live in or expect to work from Los Angeles County if hired for this position, please visit this page for important additional information: https://careers.bms.com/california-residents/

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