Associate Director, Strategic Procurement

Travere Therapeutics

Associate Director of Strategic Procurement at Travere Therapeutics overseeing financial oversight and vendor management in clinical operations. Implementing outsourcing strategies and cost optimization across R&D.

Posted 7/17/2026full-timeSan Diego • California • 🇺🇸 United StatesSenior💰 $150,000 - $195,000 per yearWebsite

Core Competencies

Role fit

Core Competencies

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Demonstrates expertise in developing outsourcing strategies and managing R&D financial needs, including procurement and vendor management. Proficient in clinical study budgeting, forecasting, and financial performance analysis within the biotech or pharmaceutical industry.

Highest-signal resume keywords

Outsourcing Strategy DevelopmentClinical Study Budget ManagementVendor ManagementFinancial ForecastingContract Negotiation

ATS Keywords

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Applicant Tracking System Keywords

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Hard Skills

Budget ReconciliationAccrual CalculationsRFP DevelopmentBid AnalysisFinancial GovernanceResource Utilization AnalysisOperational Feasibility AssessmentFinancial Impact EvaluationClinical Trial Cost Drivers UnderstandingStudy Budgeting Methodologies

Soft Skills

CollaborationCommunicationNegotiationContinuous ImprovementStakeholder Engagement

Tools & Technologies

Executive-Level ReportingDashboardsFinancial Planning Tools

Certifications & Qualifications

Bachelor’s Degree in FinanceMBA Preferred

Industry Keywords

Clinical Research OrganizationBiotechPharmaceutical IndustryClinical OperationsVendor Financial Performance

About the role

Key responsibilities & impact

Develops outsourcing strategies and plans for R&D departments, with focus on Clinical Studies
Acts as the lead point of contact for R&D financial needs including procurement
Lead competitive sourcing initiatives, RFP development and bid analysis
Evaluate outsourcing models and provide recommendations that balance quality, timelines, operational feasibility, and financial impact
Provides input into the negotiation of financial business terms and conditions, and management of all R&Ds contracts in close cooperation with the other departments
Supports and coordinates discount programs with key vendors
Assists in negotiating vendor business terms in contracts such as scope, price, payment terms, and service level agreements
Develop and maintain forecasts for clinical programs and other R&D activities, providing visibility into projected spending, risks, and opportunities
Monitor actual spending against budget and forecast, identify variances, and provide actionable recommendations to stakeholders
Support monthly and quarterly financial close activities, including accrual calculations, invoice forecasting, and budget reconciliation
Analyze resource utilization, vendor spend trends, and portfolio investment requirements to support strategic decision-making
Collaborate with Finance and R&D leadership to develop long-range planning assumptions and multi-year development cost projections
Support the preparation of executive-level reporting and dashboards on R&D expenditures, study financial performance, vendor spending, and key financial metrics
Champion continuous improvement initiatives that optimize procurement, outsourcing, financial governance, and operational effectiveness
Additional duties assigned as needed

Requirements

What you’ll need

Bachelor’s degree in finance, business administration, life science, or related field of study required
Equivalent combination of education and applicable job experience may be considered
MBA preferred
8+ years of relevant work experience in procurement, outsourcing, contracts, vendor management, clinical operations, finance, or related functions
2 years of experience working in a Clinical Research Organization, biotech, or pharmaceutical industry.
Demonstrated experience managing clinical study budgets, forecasting, accruals, and vendor financial performance.
Experience working with Clinical Research Organizations (CROs) and other clinical service providers required.
Strong understanding of clinical trial cost drivers, study budgeting methodologies, and R&D financial planning processes preferred.

Benefits

Comp & perks

premium health
financial offerings
work-life and well-being offerings for eligible employees and dependents
wellness and employee support programs
life insurance
disability
retirement plans with employer match
generous paid time off