Director, Global Spend Transparency
Company: Vertex Pharmaceuticals
Location: Boston
Posted on: November 20, 2024
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Job Description:
Job Description
The Director, Global Spend Transparency, will be responsible for
developing, driving, and optimizing the strategic direction and
governance of the Spend Transparency program globally. This role
will serve as Vertex's subject matter expert for Transparency
Reporting and will be accountable for global report execution. This
role will be responsible for building and leading strategic
initiatives to streamline and effectively meet the unique business
needs and scale of the organization. Exceptional communication,
collaboration and problem solving are required. This role will
partner closely with colleagues across both Legal and Compliance
and will serves as the primary Business Partner to Senior Leaders
globally.
Key Duties and Responsibilities:
Lead the strategy, vision, operations & governance for Spend
Transparency program globally.
Accountable for timely and accurate execution of disclosures across
multiple jurisdictions.
Responsible for ongoing assessment of Vertex's geographic footprint
to ensure program strategy and reporting methodology are compliant,
fit for purpose and scale globally. Develops strong spend
transparency compliance controls in order to meet global reporting
requirements.
Leadership and oversight of master service provider and spend
transparency technology.
Responsible for policy development, compliance & governance of
Global Spend Transparency policy.
Ownership of transparency dashboards, leveraging data trends &
insights to drive compliance to policy and inform decision making
and strategy.
Proactively anticipates and addresses business needs, takes
leadership role in assessing processes, tools, and policies to
strengthen the program and enhance efficiencies.
Impactfully influence stakeholders to drive transformation and
business partnership. Proactively anticipates and addresses
business needs beyond one's direct scope, spearheading cross
functional alignment and collaboration with Legal, Data Privacy,
Compliance, Global Travel & Expense and Global Meeting &
Events.
Leads Global Spend Transparency team members, ensuring operational
excellence through strategic prioritization of tasks, resource
allocation, master service provider support and creation of metrics
and dashboards to assess data, forecast, and identify trends.
Develops talent within the team, evaluates performance, sets the
team vision, priorities and goals. Provides leadership, coaching
and guidance to ensure functional and corporate goals are
achieved
Responsible for developing the annual team budget, defining support
models and workforce planning.
Builds and maintains strong partnerships with C-Suite and Senior
Leadership.
Knowledge and Skills:
Proven experience leading a Spend Transparency function on a global
scale.
Expert knowledge of spend transparency laws, disclosures,
regulations and industry codes. Direct experience with global
transparency reporting including US Sunshine Act, EFPIA
Disclosures, and/or European disclosure laws.
Ownership and accountability of spend reporting technology and
master service provider partnership.
Exhibits exceptional analytical acumen, leveraging the value of
data to identify innovative and strategic insights and decision
making.
Exceptional influencing skills, ability to develop impactful
business cases and present persuasive ideas to drive alignment and
impact change.
Advanced operational and project management skills, ability to
drive alignment, streamline processes and mitigate complexities
across multi-functional, global teams.
Exceptional presentation and influencing skills, expertly
influencing Senior Leaders and C-Suite with data-driven insights
tailored to address pressing business needs and challenges.
Demonstrate exceptional adaptability, essential for thriving in a
dynamic, deadline-driven environment.
Leverage understanding of the interdependencies between various
functional areas within the organization to drive informed
decisions, deliver recommendations, and steer the business toward
successful outcomes.
Pioneer continuous improvements and innovation through the
development of strategic business processes.
Exceptional cross-functional collaboration skills and ability to
build trusted partnerships globally across all levels of the
organizations including Senior Leaders.
Advanced leadership skills, coaching and mentoring direct
reports.
Prior working experience with Transparency reporting technology
Experience working with a Master Data Management system
Ownership of PowerBi dashboards.
Prior working experience with Transparency reporting technology
Experience working with a Master Data Management system
Ownership of PowerBi dashboards.
Education and Experience:
Bachelor's degree from 4-year college or University
Typically requires 12 years of relevant experience in transparency,
risk, control, compliance or similar functions.
7 years leading a Spend Transparency function globally including
people management responsibilities.
Previous pharmaceutical experience required
#LI-LN1
Flex Designation:
Hybrid-Eligible Or On-Site Eligible
Flex Eligibility Status:
In this Hybrid-Eligible role, you can choose to be designated as:
1. Hybrid: work remotely up to two days per week; or select 2.
On-Site: work five days per week on-site with ad hoc
flexibility.
Note: The Flex status for this position is subject to Vertex's
Policy on Flex @ Vertex Program and may be changed at any time.
Company Information
Vertex is a global biotechnology company that invests in scientific
innovation.
Vertex is committed to equal employment opportunity and
non-discrimination for all employees and qualified applicants
without regard to a person's race, color, sex, gender identity or
expression, age, religion, national origin, ancestry, ethnicity,
disability, veteran status, genetic information, sexual
orientation, marital status, or any characteristic protected under
applicable law. Vertex is an E-Verify Employer in the United
States. Vertex will make reasonable accommodations for qualified
individuals with known disabilities, in accordance with applicable
law.
Any applicant requiring an accommodation in connection with the
hiring process and/or to perform the essential functions of the
position for which the applicant has applied should make a request
to the recruiter or hiring manager, or contact Talent Acquisition
at ApplicationAssistance@vrtx.com
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Keywords: Vertex Pharmaceuticals, Chelsea , Director, Global Spend Transparency, Executive , Boston, Massachusetts
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