Crinetics is a pharmaceutical company based in San Diego, California, developing much-needed therapies for people with endocrine diseases and endocrine-related tumors. We were founded by a dedicated team of scientists with the simple belief that better therapies developed from rigorous innovation can lead to better lives. Our work continues to make a real difference in the lives of patients. We have a prolific discovery engine and a robust preclinical and clinical development pipeline. We are driven by science with a patient-centric and team-oriented culture. This is an exciting time to join Crinetics as we shape our organization into the world’s premier fully-integrated endocrine company from discovery to patients. Join our team as we transform the lives of others.

 

Position Summary:
Reporting to the Vice President, FP&A, the primary role of the

Director, Strategic Sourcing will be to develop sourcing strategies, maintain positive relationships with suppliers, and partner with key stakeholders cross-functionally in negotiations on major contracts. The candidate should have experience directing and identifying sourcing and savings opportunities across the spectrum of business operations including terms, cost, and schedule of major contracts and subcontracts.

 

The successful candidate will manage and optimize sourcing activities and processes including our purchasing system. The candidate will possess excellent leadership abilities, strong communication skills, foster collaboration, and be service-focused. The candidate should have the ability and desire to be part of a team and work in a fast-paced environment while handling multiple projects at once.

 

This role is based in our San Diego, CA office location. Our office-based employees follow a hybrid schedule of at least 3 days a week in the office.

 

Essential Job Functions and Responsibilities:
These may include but are not limited to:

Develop, communicate, and enforce company policies and procedures for purchasing and procurement
Partner with key stakeholders to establish sourcing strategies aligned with the company’s overall objectives, ensuring effective sourcing of materials, components, and services
Focus on immediate and short-term (< 2 Years) strategic planning
Key ownership of Coupa procure to pay system, partnering with all stakeholders to drive process improvements and oversee enhancements and upgrades as required
Develop, execute, and manage the department’s projects/policies to meet department and corporate objectives
Establish Key Performance Indicators (KPIs) and other metrics to measure vendor performance and adherence with contract terms
Monitor market trends, oversee RFPs, engage in price negotiations, and implement cost-saving initiatives while remaining mindful of quality and delivery timelines
Manage policies and metrics to ensure that savings goals are realized
Maintain the supplier database, purchase records, and related documentation
Partner with facilities and lab operations, as appropriate, to determine and ensure favorable inventory needs
Responsible for managing touch points between other functional groups (Legal, Purchasing, Finance, Compliance, etc.) to ensure alignment with existing processes
Provide leadership, career management and personal development to direct reports
Other duties as may be assigned to meet business needs

 

Education and Experience:
Required:
Requires a bachelor’s degree in business administration or a related field with 12+ years of industry experience; experience in Biotech/Life Sciences highly preferred, and a minimum of 8 years of experience in a supervisory role
Strategic sourcing and procurement experience with extensive knowledge of category management and complex contract negotiations expertise in direct and indirect procurement
Willingness to work in a dynamic and fast-paced corporate environment
Outstanding written and verbal communication skills, with the ability to convey strategies and results to a diverse audience
Ability to interact and communicate effectively at all levels across the organization working with both internal and external stakeholders
Strong organizational, multi-tasking, listening, facilitation, and communication skills
The ability to handle sensitive and confidential situations and information
Self-starter who can clearly take initiative, work independently, and make decisions during periods of ambiguity
Strong proficiency in Microsoft Office Suite
Strong commitment to compliance and ethical standards
Experience with Coupa (or similar procure to pay system) required

 

Physical Demands and Work Environment:
Physical Activities: On a continuous basis, sit at desk for a long period of time; intermittently answer telephone and write or use a keyboard to communicate through written means. Some walking and lifting up to 25 lbs. may be required. The noise level in the work environment is typically low to moderate. The physical demands described above are representative of those that must be met by an employee to successfully perform the essential functions and responsibilities of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions and responsibilities.

 

Laboratory Activities (if applicable): Biology and chemical laboratory environment experience needed. Environmental health and safety requirements also apply.

 

Travel:
You may be required to travel for up to 5% of your time.

 

The Anticipated Base Salary Range: $167,000-$200,000
In addition to your base pay, our total rewards program consists of a discretionary annual target bonus, stock options, ESPP, and 401k match. We also provide top-notch health insurance plans for employees (and their families) to include medical, dental, vision and basic life insurance, 20 days of PTO, 10 paid holidays, and a winter company shutdown.

 

The final salary offered to a successful candidate will be dependent on several factors that may include but are not limited to the type and length of experience and education. Crinetics Pharmaceuticals is a multi-state employer, and this salary range may not reflect positions that work in other states. Your recruiter can share more about the specific salary range during the hiring process.

 

Equal Opportunity Employer:
Crinetics is proud to be an Equal Opportunity Employer. We provide equal employment opportunities to all employees and employment applicants without regard to unlawful considerations of sex, sexual orientation, gender (including gender identity and/or expression), pregnancy, race, color, creed, national or ethnic origin, citizenship status, religion or similar philosophical beliefs, disability, marital and civil union status, age, genetic information, veteran status or any personal attribute or characteristic that is protected by applicable local, state or federal laws.

 

Vaccination requirement:
Following extensive monitoring, research, consideration of business implications, and advice from internal and external experts, Crinetics requires that all employees and contractors be fully vaccinated and have received the COVID-19 vaccines as a condition of employment. “Full vaccination” is defined as two weeks after both doses of a two-dose vaccine or two weeks since a single-dose vaccine has been administered. Anyone unable to be vaccinated, either because of a sincerely held religious belief or a medical condition or disability that prevents them from being vaccinated, can request a reasonable accommodation.