Director, Commercial Sourcing & Procurement

Position Summary

The Director, Commercial Sourcing and Procurement will lead the development of sourcing strategies for key vendors in North America, ensuring Acadia has access to top quality services, technologies, and vendor partners to support company's growth. This role is based in San Diego, CA, San Francisco, CA, or Princeton, NJ.

Primary Duties and Responsibilities

• Develop both immediate and long-term sourcing strategies/plans for the SG&A vendors with the focus on Commercial, IT, and professional services areas.
• Proactively work with business stakeholders including senior executives to identify sourcing needs and ensure sourcing strategies align with business goals and enable efficiency & innovation.
• Absolutely assess, benchmark & negotiate existing key SG&A vendor contracts and conduct gap analysis.
• Collaborate with Finance FP&A team on vendor cost budgeting, forecasting, and saving validation.
• Assess industry trends, evolving technology such as AI in procurement to ensure continuous automation of current sourcing process.
• Establish SG&A vendor governance program including vendor optimization, risk assessment and operational performance evaluation process.

Education/Experience/Skills

• Proven leadership ability to manage large vendor spend portfolios and drive global collaborations.
• Demonstrated success developing and executing SG&A category strategies in complex environments.
• 12+ years of extensive sourcing experience with deep knowledge of vendors for advertising agency, media, data analytics, meeting and events.
• Strong negotiation and vendor benchmarking experience across a range of IT contract types, including SaaS, consulting, and managed services agreements.
• Broad category sourcing experience in consulting and legal services will be a plus.
• Proficient procurement system knowledge of S2P (Coupa), CLM (Agiloft) and upcoming AI sourcing tools.
• Familiarity with sourcing saving report methodology and associated tools such as Smartsheet.
• BS/BA or equivalent combination of relevant education.

Key Candidate Qualities

• Willing to go beyond and look for new innovative ways to bring in tangible results/savings.
• Ability to communicate and present sourcing strategies clearly to key stakeholders.
• Ensure compliance with corporate compliance SOP and policies.
• Available for up to 5% domestic or international travel as needed.

Physical Requirements

• Regularly stand, walk, sit, use hands to finger, handle, or feel, reach with hands and arms, climb or balance, stoop, kneel, crouch.
• Occasionally lift and/or move up to 15 pounds.

What we offer US-based Employees

• Competitive base, bonus, new hire and ongoing equity packages.
• Medical, dental, and vision insurance.
• Employer-paid life, disability, business travel and EAP coverage.
• 401(k) Plan with a fully vested company match 1:1 up to 5%.
• Employee Stock Purchase Plan with a 2-year purchase price lock-in.
• 15+ vacation days.
• 13 -15 paid holidays, including office closure between December 24th and January 1st.
• 10 days of paid sick time.
• Paid parental leave benefit.
• Tuition assistance.

EEO Statement (US-based Employees)

We are committed to building a diverse, equitable, inclusive, and innovative company and looking for the BEST candidate for the job. We strongly encourage you to apply, especially if the reason you are the best candidate isn’t exactly what we describe here.

Studies have shown that women and people of color are less likely to apply for jobs unless they believe they meet every one of the qualifications in the exact way they are described in job postings. We are committed to providing equal employment opportunities to all employees and employment applicants without regard to considerations of race, including related to hairstyle, color, religion or religious creed, sexual orientation, gender, gender identity, gender expression, gender transition, country of origin, ancestry, citizenship, age, physical or mental disability, genetic information, legally-protected medical condition or information, marital status, domestic partner status, family care status, military caregiver status, veteran or military status (including reserve status, National Guard status, and military service or obligation), status as a victim of domestic violence, sexual assault or stalking, enrollment in a public assistance program, or any basis protected under federal, state or local law.

As an equal opportunity employer, Acadia is committed to a diverse workforce. If you are a qualified individual with a disability or a disabled veteran, you have the right to request a reasonable accommodation. Furthermore, you may request additional support if you are unable or limited in your ability to use or access Acadia’s career website due to your disability, along with any accommodations throughout the interview process. To request or inquire about your reasonable accommodation, please complete our Reasonable Accommodation Request Form or contact us at talentacquisition@acadia-pharm.com or 858-261-2923.

Please note that reasonable accommodations granted throughout the recruiting process are not guaranteed to be the same accommodations given if hired. A new request will need to be submitted for any ADA accommodations after starting employment.

Additional Information for California Residents

California Applicants: Please see Additional Information for California Residents within our Privacy Policy.

Additional Information for Canadian Residents

Canadian Applicants: Please see Additional Information for Canadian Residents within our Privacy Policy.

Additional Information for Individuals in the European Economic Area, Switzerland, the United Kingdom, and Serbia

Notice to Search Firms/Third-Party Recruitment Agencies (Recruiters): The Talent Acquisition team manages the recruitment and employment process for Acadia Pharmaceuticals Inc. (“Acadia”). Acadia does not accept resumes from recruiters or search firms without an executed search agreement in place. Resumes sent to Acadia employees in the absence of an executed search agreement will not obligate Acadia in any way with respect to the future employment of those individuals or potential remuneration to any recruiter or search firm. Candidates should never be submitted directly to our hiring managers or employees.