BI&T Supplier Financial Management

Posted:
10/14/2024, 7:15:04 AM

Location(s):
Princeton, New Jersey, United States ⋅ New Jersey, United States ⋅ Florida, United States ⋅ Chester, New Jersey, United States ⋅ Tampa, Florida, United States ⋅ Chester Township, New Jersey, United States

Experience Level(s):
Mid Level ⋅ Senior

Field(s):
Finance & Banking

Workplace Type:
Hybrid

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.

This role is part of the Business Insights & Technology (BI&T) Supplier Management team. The BI&T Supplier Management team drives consistent service management across our supplier ecosystem to ensure value from external engagements. This role is part of the BI&T Supplier Management team and is responsible for the Consumption and Financial Management functions of the BI&T supplier framework.

This role’s primary focus is to ensure accurate and timely financial management for key BI&T delivery providers by maintaining controls and facilitating approval reviews.  BI&T owns and improves provider consumption governance aiming to strengthen controls and streamline process. BI&T advises on the delivery provider finances through issue resolution, reporting, planning and analysis. This role is responsible for partnering with BI&T Leadership Team, Finance and Service Management stakeholders to promote transparency in the cost management process and reporting. 

Detailed Position Responsibilities:

  • Accountable and responsible for all financial aspects for BI&T enterprise vendor with global business. 
  • Ensure the accuracy, collection, issue management, and reporting of major provider consumption spend. Maintain and provide the budget, projections and monthly accrual processes related to key vendors' activities.
  • Advise executives and stakeholders on the financial impact of decisions, comparing them with budget and quarterly projections.
  • Oversee management of purchase orders globally related to strategic BI&T suppliers’ contracts and budget including monitoring monthly invoices and timely follow-ups with global Account Payable teams for reconciling issues.
  • Monitor project financials and operational insights related to key vendor to advise decision-making and identify improvement opportunities.
  • Partner with Finance and Service delivery organization to foster transparency into costs, consumption, and demand.
  • Support stakeholders regarding provider cost management processes and enterprise level reporting requirements.
  • Developing into subject matter expert interfacing with suppliers and BMS stakeholders.
  • Provide financial guidance and analysis for new BI&T partners, participate in selecting new providers, and manage the financial aspects of their integration.
  • Assist with the financial integration efforts related to service providers or vendors during mergers and acquisitions.

Desired Experience:

  • Education: Bachelor’s degree in Finance or Computer Science or a related discipline or equivalent experience.
  • Industry Experience: 7+ years’ experience in BI&T and/or Finance preferably based at a bio/pharmaceutical company.
  • Demonstrated strategic thinking, leadership, partnering, and energizing cross functional teams.
  • Must have extensive experience in financial processes and internal controls, and how they apply to BI&T and the bio/pharmaceutical industry.
  • Demonstrated competency of analyzing and defining business processes, using structured problem solving and available tools to quickly evaluate problems, identify root cause, create action plans, assess impact and develop resolution options.
  • Strong analytical and problem-solving skills, process knowledge and lateral thinking.
  • Manages multiple sometimes conflicting priorities, challenges the status quo, and exercises diplomacy.
  • Ability to navigate and thrive in a complex environment.
  • Advanced MS Excel skills should include pivot tables, data merging, charting, pivot charts, data models, etc.
  • Experience reporting on data from commercial tools; experience in ServiceNow and SAP is a plus.
  • Excellent teamwork & interpersonal skills, with the ability to communicate and collaborate with employees & management at all levels.  Strong facilitation & meeting management skills.

#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/

Any data processed in connection with role applications will be treated in accordance with applicable data privacy policies and regulations.

Bristol Myers Squibb

Website: https://bms.com/

Headquarter Location: New York, New York, United States

Employee Count: 10001+

Year Founded: 1887

IPO Status: Public

Last Funding Type: Post-IPO Debt

Industries: Biotechnology ⋅ Health Care ⋅ Medical ⋅ Pharmaceutical ⋅ Precision Medicine