Head Finance Direct Procurement (dfm)

Job Description Summary

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Job Description

Sandoz continues to go through an exciting and transformative period as a global leader and pioneering provider of sustainable Biosimilar and Generic medicines. As we continue down this new and ambitious path unique opportunities will present themselves both professionally and personally. Join us the future is ours to shape!

Head Finance Direct Procurement is a global role partnering with Procurement and Finance function of production sites to deliver 3rd party vendor savings. The role provides insightful and value-added analysis related to vendors and contracts and decision support to the STO Direct Procurement Leadership team and category heads in their organizations. Supports the development and execution of annual operating and long-term financial plans interim forecasts and what if scenarios focusing on the underlying business drivers key financial and operating metrics and relative sensitivity analysis with STO Finance leadership team and drives productivity and savings in the areas of STO Direct Spend. The role supports contract evaluation and financial analysis for vendor negotiations. Brings strategic financial outlook for vendor network development.

Major accountabilities:

Responsibilities include but not limited to:

Direct Procurement Support

• Ensures accuracy and reconciliation of planning and forecasting data between Procurement spend and savings vs. financial reporting for ACT and planning cycles (TGT/LFs)

• Supports Direct Procurement projects and PPV/savings tracking and delivery

Productivity and Financial reporting

• Drives Projects and benchmarking to increase productivity on a short/long term basis for Sandoz Technical Operations with efficient make vs. buy evaluation.

• Ensures efficient Procurement cost structure in line with business need and generics mindset

• Provides input for TPC/Standard costs process. Manages Direct Material planning process and updates.

• Manages proactively R&O and ensures delivery of financial commitments

• Leads planning and forecasting for budgeting cycles and manages delivery against defined objectives for TGT/LFs etc.

Business Partnering

• Support procurement savings calculation and tracking and ensure compliance according to savings guidelines. Play a key role in designing and developing reporting tools interacting with internal functions to devise solutions that enhance reporting and data management.

• Partners with Procurement category managers to deliver incremental Free Cash Flow through supplier payment term improvements.

• Partner with manufacturing site teams commercial organizations beyond Procurement to maximize Enterprise value

• Support and track financial impact of claims cases

• Contribute to the precontract negotiations with key suppliers and effectively deliver implementation of the Terms & Conditionsin the contract.

Governance Compliance and Control

• Ensure rigorous financial processes strong internal controls and full compliance with audit requirements maintaining the highest standards of governance and transparency.

Key performance indicators include: Accuracy of actuals plans availability of analysis in time and of required quality to key stakeholders

Minimum Requirements:
What youll bring to the role:

• Minimum: MA degree required. Desirable: CPA MBA or a professional qualification

• Fluent spoken and written English

• Extensive Finance and Strategy experience with 5-10 years of progressive leadership experience ideally within pharmaceutical biotech FMCG.

• Experience in Finance of Operations knowledge of product costing

• Experience in Procurement Finance is a plus

• Ability to engage with business partners influence across the organization

Why Sandoz

Generic and Biosimilar medicines are the backbone of the global medicines industry. Sandoz a leader in this sector provided more than 900 million patient treatments across 100 countries in 2024 and while we are proud of this achievement we have an ambition to do more!

With investments in new development capabilities production sites new acquisitions and partnerships we have the opportunity to shape the future of Sandoz and help more patients gain access to low-cost high-quality medicines sustainably.

Our momentum is powered by an open collaborative culture driven by our talented and ambitious colleagues who in return for applying their skills experience an agile and collegiate environment with impactful flexible-hybrid careers where diversity is welcomed and where personal growth is supported!

Join us!

Commitment to Diversity & Inclusion:

We are committed to building an outstanding inclusive work environment and diverse teams representative of the patients and communities we serve.

Accessibility and accommodation

Sandoz is committed to working with and providing reasonable accommodation to all individuals. If because of a medical condition or disability you need a reasonable accommodation for any part of the recruitment process please send an e-mail to and let us know the nature of your request and your contact information. Please include the job requisition number in your message

#Sandoz

Skills Desired

Ability To Influence Key Stakeholders Coaching Corporate Governance Decision Support Effective Communications Financial And Management Reporting Market Understanding Pmi (Post-Merger Integration) Resource Allocation Strategic Decision Making