Bristol-Myers Squibb
Director, Procurement, Finance Category Lead
Bristol-Myers Squibb, Princeton, New Jersey, us, 08543
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. Take your career farther than you thought possible. Read more: careers.bms.com/working-with-us.
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.
The Director, Global Procurement, Finance Category Lead is responsible for maximizing value for business partners by leading procurement strategy, execution, and stakeholder engagement for all Finance‑related categories (Audit, Tax, Treasury, Controllership, Pensions, Insurance, Cash and Asset Management, Capital Markets) aligned with critical business and enterprise strategic priorities. This role drives service excellence, value realization, and business transformation through effective relationships, innovative strategies, and operational rigor, ensuring alignment with BMS’s business objectives and competitive advantage. This role partners with senior Finance stakeholders (e.g., Head of Tax, Chief Audit Officer, Controller) to develop and implement global and sub‑category strategies, ensuring alignment with business objectives and compliance with regulatory standards. The Director will lead sourcing, supplier relationship management, and continuous improvement efforts to deliver cost savings, operational efficiency, and risk mitigation.
Major Responsibilities and Accountabilities Lead Global Procurement Business and Partnership Strategy for Global Finance Categories
Understand market nuances to effectively develop, implement and drive global, regional, and local services strategies and processes.
Drive improvements in costs and service levels aligned to business needs.
Encourage cross‑market and cross‑functional collaboration to take advantage of synergies through effective business partnering and stakeholder management.
Develop and manage senior business relationships with Finance key partners
Develop collaborative relationships with business partners to leverage knowledge, spend and procurement effectiveness.
Champion Procurement initiatives to better support business needs.
Drive co‑ownership of initiatives and accountability based on agreed upon strategies.
Develop and implement metrics and reporting mechanisms.
Develop and implement a 3–5‑year strategic plan for Finance categories, ensuring all projects deliver maximum value and schedule attainment
Develop a multi‑year strategic plan for all Finance‑related procurement categories (Audit, Tax, Treasury, Controllership, Pensions, Insurance, Capital Markets).
Ensure alignment with Finance transformation programs, deliver budget compliance, and savings realization.
Own and drive complex, program level projects, initiatives and negotiations on a prioritized basis.
Ensure compliance with preferred supplier programs and manage risk across Finance categories.
Participate in governance forums and support sustainability, DEI, and strategic enterprise program outcomes.
Identify, build, and maintain mutually beneficial relationships, partnerships, and alliances with select suppliers through Supplier Relationship Development programs with a focus on processes, procedures, and supplier and category segmentation, metrics / KPI development and application.
Ensure excellence in delivery of Finance initiatives that maximize corporate, business, and functional priorities and objectives
Work with the Senior Director to ensure all escalated issues with respect to quality, performance or supply are resolved.
Provide business expertise and strategic and thought leadership to promote a high level of partnership, credibility and trust.
Facilitate continuous improvement and idea innovation to achieve strategic objectives.
Finance Portfolio Management
Engage with matrix teams to align strategy, drive value and project delivery.
Develop and oversee robust portfolio of procurement projects executed in partnership with Agile Sourcing team resources, ensuring strategic alignment with business and enterprise objectives and maximizing value delivery.
Provide prioritization and governance of Finance‑related Sourcing Initiatives.
Provide necessary coaching, category and negotiation expertise and insights to inform and enhance project & operational excellence in portfolio execution and delivery.
Facilitate contract management, ensuring key agreements and contracts are reviewed to protect and advance the company’s interest.
Track progress to ensure adherence to timelines, budgets, and quality standards.
Qualifications
Minimum education of a B.S./B.A. is required; M.S./M.B.A. is preferred.
Minimum of ten (10) years of business experience in a multi‑disciplined procurement position. Finance‑related procurement category knowledge is preferred.
Experience leading cross‑functional/global teams and managing senior professionals.
Procurement process expertise, contract management, financial, market, and supplier analysis, supplier diversity, supplier management, technology utilization, and strategic planning experience.
Internal stakeholder management, data/information management, category management, process redesign and continuous improvement expertise, project management and performance measurement skills.
Demonstrated success in driving complex initiatives and transformational programs.
Compensation Overview Princeton – NJ – US: $188,450 – $228,351. The starting compensation range(s) for this role are listed above for a full‑time employee (FTE) basis. Additional incentive cash and stock opportunities (based on eligibility) may be available. The starting pay rate takes into account characteristics of the job, such as required skills, where the job is performed, the employee’s work schedule, job‑related knowledge, and experience. Final, individual compensation will be decided based on demonstrated experience.
Benefits Benefit offerings are subject to the terms and conditions of the applicable plans then in effect and may include the following: Medical, pharmacy, dental and vision care. Well‑being support such as the BMS Living Life Better program and employee assistance programs (EAP). Financial well‑being resources and a 401(k). Financial protection benefits such as short‑ and long‑term disability, life insurance, supplemental health insurance, business travel protection and survivor support. Work‑life programs include paid national holidays and optional holidays, Global Shutdown Days between Christmas and New Year’s holiday, up to 120 hours of paid vacation, up to two (2) paid days to volunteer, sick time off, and summer hours flexibility. Parental, caregiver, bereavement, and military leave. Family care services such as adoption and surrogacy reimbursement, fertility/infertility benefits, support for traveling mothers, and child, elder and pet care resources. Other perks like tuition reimbursement and a recognition program.
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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. Take your career farther than you thought possible. Read more: careers.bms.com/working-with-us.
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.
The Director, Global Procurement, Finance Category Lead is responsible for maximizing value for business partners by leading procurement strategy, execution, and stakeholder engagement for all Finance‑related categories (Audit, Tax, Treasury, Controllership, Pensions, Insurance, Cash and Asset Management, Capital Markets) aligned with critical business and enterprise strategic priorities. This role drives service excellence, value realization, and business transformation through effective relationships, innovative strategies, and operational rigor, ensuring alignment with BMS’s business objectives and competitive advantage. This role partners with senior Finance stakeholders (e.g., Head of Tax, Chief Audit Officer, Controller) to develop and implement global and sub‑category strategies, ensuring alignment with business objectives and compliance with regulatory standards. The Director will lead sourcing, supplier relationship management, and continuous improvement efforts to deliver cost savings, operational efficiency, and risk mitigation.
Major Responsibilities and Accountabilities Lead Global Procurement Business and Partnership Strategy for Global Finance Categories
Understand market nuances to effectively develop, implement and drive global, regional, and local services strategies and processes.
Drive improvements in costs and service levels aligned to business needs.
Encourage cross‑market and cross‑functional collaboration to take advantage of synergies through effective business partnering and stakeholder management.
Develop and manage senior business relationships with Finance key partners
Develop collaborative relationships with business partners to leverage knowledge, spend and procurement effectiveness.
Champion Procurement initiatives to better support business needs.
Drive co‑ownership of initiatives and accountability based on agreed upon strategies.
Develop and implement metrics and reporting mechanisms.
Develop and implement a 3–5‑year strategic plan for Finance categories, ensuring all projects deliver maximum value and schedule attainment
Develop a multi‑year strategic plan for all Finance‑related procurement categories (Audit, Tax, Treasury, Controllership, Pensions, Insurance, Capital Markets).
Ensure alignment with Finance transformation programs, deliver budget compliance, and savings realization.
Own and drive complex, program level projects, initiatives and negotiations on a prioritized basis.
Ensure compliance with preferred supplier programs and manage risk across Finance categories.
Participate in governance forums and support sustainability, DEI, and strategic enterprise program outcomes.
Identify, build, and maintain mutually beneficial relationships, partnerships, and alliances with select suppliers through Supplier Relationship Development programs with a focus on processes, procedures, and supplier and category segmentation, metrics / KPI development and application.
Ensure excellence in delivery of Finance initiatives that maximize corporate, business, and functional priorities and objectives
Work with the Senior Director to ensure all escalated issues with respect to quality, performance or supply are resolved.
Provide business expertise and strategic and thought leadership to promote a high level of partnership, credibility and trust.
Facilitate continuous improvement and idea innovation to achieve strategic objectives.
Finance Portfolio Management
Engage with matrix teams to align strategy, drive value and project delivery.
Develop and oversee robust portfolio of procurement projects executed in partnership with Agile Sourcing team resources, ensuring strategic alignment with business and enterprise objectives and maximizing value delivery.
Provide prioritization and governance of Finance‑related Sourcing Initiatives.
Provide necessary coaching, category and negotiation expertise and insights to inform and enhance project & operational excellence in portfolio execution and delivery.
Facilitate contract management, ensuring key agreements and contracts are reviewed to protect and advance the company’s interest.
Track progress to ensure adherence to timelines, budgets, and quality standards.
Qualifications
Minimum education of a B.S./B.A. is required; M.S./M.B.A. is preferred.
Minimum of ten (10) years of business experience in a multi‑disciplined procurement position. Finance‑related procurement category knowledge is preferred.
Experience leading cross‑functional/global teams and managing senior professionals.
Procurement process expertise, contract management, financial, market, and supplier analysis, supplier diversity, supplier management, technology utilization, and strategic planning experience.
Internal stakeholder management, data/information management, category management, process redesign and continuous improvement expertise, project management and performance measurement skills.
Demonstrated success in driving complex initiatives and transformational programs.
Compensation Overview Princeton – NJ – US: $188,450 – $228,351. The starting compensation range(s) for this role are listed above for a full‑time employee (FTE) basis. Additional incentive cash and stock opportunities (based on eligibility) may be available. The starting pay rate takes into account characteristics of the job, such as required skills, where the job is performed, the employee’s work schedule, job‑related knowledge, and experience. Final, individual compensation will be decided based on demonstrated experience.
Benefits Benefit offerings are subject to the terms and conditions of the applicable plans then in effect and may include the following: Medical, pharmacy, dental and vision care. Well‑being support such as the BMS Living Life Better program and employee assistance programs (EAP). Financial well‑being resources and a 401(k). Financial protection benefits such as short‑ and long‑term disability, life insurance, supplemental health insurance, business travel protection and survivor support. Work‑life programs include paid national holidays and optional holidays, Global Shutdown Days between Christmas and New Year’s holiday, up to 120 hours of paid vacation, up to two (2) paid days to volunteer, sick time off, and summer hours flexibility. Parental, caregiver, bereavement, and military leave. Family care services such as adoption and surrogacy reimbursement, fertility/infertility benefits, support for traveling mothers, and child, elder and pet care resources. Other perks like tuition reimbursement and a recognition program.
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