Head of Procurement and Sourcing at BridgeBio Pharma | CA, US | Rezi

Head of Procurement and Sourcing at BridgeBio Pharma

Head of Procurement and Sourcing

BridgeBio Pharma · CA, US

1 months ago

Head of Procurement and Sourcing

BridgeBio Pharma · CA, US

2 months ago
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About the Role

BridgeBio is establishing a dedicated Strategic Procurement function and seeks a Director to lead its development. This role involves building the team, defining sourcing strategies and governance, and managing procurement for non-clinical spend categories including IT, Travel & Expense, Sales & Marketing, and General & Administrative expenses. The Director will oversee the entire procurement lifecycle, from strategy definition and sourcing events to contract negotiation, implementation, and supplier performance management. The goal is to achieve measurable savings against an approximately $500M annual addressable spend base and build a sustainable procurement infrastructure.

Responsibilities

  • Stand up and lead the Strategic Procurement team, including direct management of a Sr. Manager, Strategic Sourcing and two Buyer (contractor) resources.
  • Recruit, onboard, and develop procurement talent as the function scales; define roles, workflows, and performance expectations for the team.
  • Own strategic sourcing and vendor management across IT, T&E, S&M, and G&A categories.
  • Develop and execute category sourcing strategies against ~$500M in addressable non-clinical spend.
  • Deliver a savings target of 2–4% of addressable spend annually (approximately $5M–$10M).
  • Build the pipeline, tracking, and reporting needed to validate savings and hold the function accountable to target.
  • Lead RFP processes, vendor negotiations, and contract structuring across in-scope categories.
  • Establish ongoing vendor performance management and contract renewal governance.
  • Partner closely with Finance, IT, Sales & Marketing, G&A, and Legal stakeholders to align sourcing strategy with business needs.
  • Act as the primary point of contact for procurement matters with the Executive Director, FP&A and other senior stakeholders.
  • Establish procurement policies, approval workflows, and procure-to-pay processes for a newly formed function.
  • Build dashboards and reporting to track savings, spend under management, and team performance; present results to Finance leadership.

Requirements

  • Bachelor's degree required; MBA preferred.
  • 10+ years of progressive experience in procurement or strategic sourcing, including experience leading a team.
  • Demonstrated experience building or scaling a procurement function, ideally in a growth-stage or resource-conscious environment.
  • Category expertise across some combination of IT, corporate travel, marketing/agency spend, and G&A services.
  • Track record of delivering measurable, validated cost savings.
  • Strong contract negotiation and vendor management skills.
  • Excellent executive communication and stakeholder management skills, given regular visibility with senior Finance leadership.
  • Analytical and comfortable operating with limited infrastructure in a fast-paced environment.

Skills

  • Strategic Sourcing
  • Vendor Management
  • Contract Negotiation
  • RFP/RFI/RFQ processes
  • Contract Lifecycle Management
  • Supplier Performance Management
  • Category Management (IT, T&E, S&M, G&A)
  • Financial Analysis
  • Stakeholder Management
  • Executive Communication
  • Process Improvement
  • Team Leadership

Location

  • California

Work Type

  • Hybrid

Experience Level

  • 10+ years of progressive experience
  • Director level

Education Level

  • Bachelor's degree
  • MBA preferred

Salary/Compensations

  • $220,000—$252,000 USD

Benefits

  • Market-leading compensation
  • 401(k) with employer match
  • Employee Stock Purchase Program (ESPP)
  • Pre-tax commuter benefits (transit and parking)
  • Referral bonus for hired candidates
  • Subsidized lunch and parking on in-office days
  • 100% employer-paid medical, dental, and vision premiums for you and your dependents
  • Health Savings Account (HSA) with annual employer contributions
  • Flexible Spending Accounts (FSA)
  • Fertility & family-forming benefits
  • Expanded mental health support (therapy and coaching resources)
  • Flexible, “take-what-you-need” paid time off and company-paid holidays
  • Comprehensive paid medical and parental leave
  • Career pathing through regular feedback, continuous education and professional development programs via LinkedIn Learning, LifeLabs, & BetterUp Coaching

About the Company

  • BridgeBio pioneered a "moneyball for biotech" approach in 2015, pooling projects and early-stage research from academia under one financial umbrella to reduce risk and foster innovation.
  • The company builds bridges to groundbreaking advancements in rare disease and develops life-changing medicines for patients with unmet needs.
  • BridgeBio values curiosity and experimentation, including the ethical and thoughtful use of AI to improve work.
  • The company is a global organization.

Equal Opportunity

  • BridgeBio strives to provide a market-competitive total rewards package, including base pay, an annual performance bonus, company equity, and generous health benefits.
  • BridgeBio is a multi-state employer.
  • We have high expectations for our team members. We make sure those working hard for patients are rewarded and cared for in return.
  • People are part of our growth and success story - from discovery to active drug trials and FDA pipelines, there are endless opportunities for skill development and internal mobility.
  • We celebrate strong performance with financial rewards, peer-to-peer recognition, and growth opportunities.