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Director of Procurement Finance

Date: Jun 8, 2021

Location: Tel Aviv, IL, 1111

Company: Teva Pharmaceuticals

Company Info

Teva is a global pharmaceutical leader and the world's largest generic medicines producer, committed to improving health and increasing access to quality health solutions worldwide. Our employees are at the core of our success, with colleagues in over 80 countries delivering the world's largest medicine cabinet to 200 million people every day. We offer a uniquely diverse portfolio of products and solutions for patients and we've built a promising pipeline centered around our core therapeutic areas.  We are continually developing patient-centric solutions and significantly growing both our generic and specialty medicines business through investment in research and development, marketing, business development and innovation. This is how we improve health and enable people to live better, healthier lives. Join us on our journey of growth!

Job Description

The Director of Procurement Finance will act as a business partner to senior leadership of Global Procurement and Facilities organization and will be responsible for partnering with procurement on: Category Strategy, Market trends, Vendors negotiations, Make vs Buy analysis, Contracts analysis and review, validation of procurement methodologies and data analysis to identify total cost of ownership opportunities. 
Roles & Responsibilities
Finance business partner to procurement management in an assigned procurement category
Support the Financial forecasting and reporting processes
Use solid financial knowledge and business acumen to build financial models, interpret data, draw conclusions, and make recommendations that deliver results, drive improvements, and influence the leadership team in assigned procurement categories and business segments
Perform analysis of business cases (including make vs buy) and negotiations positions
Conduct ongoing reviews of categories to inform future category strategies and activities
Review and analyze financial terms in contracts 
Build strong relationships across functions within the company, work closely with various functions (Accounting, Tax, Treasury, Procurement, Accounts Payable, etc.) as lead contact on behalf of the above organizations
Involvement in other ad hoc projects as necessary



Bachelor’s Degree in Economics/Accounting. MBA advantage

7+ years professional finance experience in contracts analysis, market analysis, procurement
Strong Communication and partnering skills
Strong analytical skills, attention to details and bias for action
Knowledge of Excel and PowerPoint, SAP, Hyperion- an advantage



Sub Function

Business Finance

Reports To

In process of validation

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Teva’s Equal Employment Opportunity Commitment

Teva Pharmaceuticals is committed to equal opportunity in employment. It is Teva's global policy that equal employment opportunity be provided without regard to age, race, creed, color, religion, sex, disability, pregnancy, medical condition, sexual orientation, gender identity or expression, ancestry, veteran status, national or ethnic origin or any other legally recognized status entitled to protection under applicable laws.