Job Description Summary

We're hiring a new Head Finance for Direct Procurement!

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.

As a newly independent company we are focused on growth. We see growth as the engine powering everything we want to achieve for patients. It will allow us to innovate & pioneer greater access to high-quality medicines, but we can only do this by bringing the best and the brightest minds together.

The 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.

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 pre‐contract negotiations with key suppliers and effectively deliver implementation of the Terms & Conditions in 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.

What you need to bring to the role:

- University degree in Business, Finance or equivalent.
- Desirable: CPA, MBA or a professional qualification
- Fluent English
- Extensive Finance and Strategy Experience
- 5-10 years of progressive leadership experience, ideally within the pharmaceutical, biotech.
- Experience in Finance of Operations, knowledge of product costing
- Experience in Procurement finance is plus.
- Ability to engage with business partners
- Influence and reach alignment across the organization

Why Sandoz?
Generic and Biosimilar medicines are the backbone of the integral medicines industry. Sandoz, a leader in this sector, touched the lives of 500 million patients last year and while we are proud of this achievement, we have an ambition to do more!
With investments in new development capabilities, state-of-the-art 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.

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.

Join our Sandoz Network: If this role is not suitable to your experience or career goals but you wish to stay connected to hear more about Sandoz and our career opportunities, visit Sandoz.com/Careers

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

📌 Head Finance Direct Procurement (Madrid)
🏢 Empresa reconocida
📍 Madrid