Senior Director of Strategic Sourcing and Contracts

Datavant is a rapidly growing health information technology company with a mission to connect the world’s health data to improve patient outcomes. Datavant works to reduce the friction of data sharing across the healthcare industry by building technology that protects the privacy of patients while supporting the linkage of patient health records across datasets.

By joining Datavant today, you’re stepping onto a highly collaborative, remote-first team that is passionate about creating transformative change in healthcare. We hire for three traits: we want people who are smart, nice, and get things done. We invest in our people and believe in hiring for high-potential and humble individuals who can rapidly grow their responsibilities as the company scales. Datavant is a distributed, remote-first team, and we empower Datavanters to shape their working environment in a way that suits their needs. Read more about our culture and benefits here!

Reporting directly to the Head of Finance Operations, the Senior Director of Sourcing and Contracts leads the development and implementation of strategies to leverage Datavant’s $320M annual buying power to deliver the best value for the products and services required by our business units. Charged with conceiving and implementing strategic sourcing initiatives based on robust understanding of Datavant’s procurement needs and market expertise. Leads contract negotiations in service of our sourcing priorities or the formation of other complex commercial relationships involving Datavant, ensuring the use of effective procurement strategies and the adoption of appropriate terms and conditions. Engages in proactive and comprehensive outreach to Datavant’s teams to establish priorities for strategic sourcing and highlight pricing, customer service and compliance benefits associated with the use of preferred vendors. Builds and maintains business relationships with functional staff to ensure sourcing and contracting activities overseen by Director add value. Rigorously uses spending-related data and analytics tools to guide strategic sourcing initiatives. Represents Datavant at procurement-related conferences and consortia to network with professional peers in NMC, Blackstone and industry about best sourcing and contracting practices and build strategic relationships. Recommends and maintains key performance indicators for measuring the effectiveness and efficiency of strategic sourcing initiatives and contracting practices. Supervises a newly integrated team of sourcing and contracting professionals, comprising a new team within the Office of the Head of Finance Operations, in service of these objectives. Fosters skills development, community engagement, rigorous and routine analysis of procurement-related data, collaboration, and a metrics-based approach to measuring performance among this team. Works extensively with Director of Finance Operations within Office of the CFO and his or her managers to ensure systematic collaboration of sourcing and contracts team with separate procurement operations and accounts payable staff responsible for facilitating transactions and business analysts responsible for overseeing the implementation and operation of procurement-related systems. Also collaborates with the Head of Compliance to ensure that procurement policies and procedures are consistent with customer contracts and grant regulations and other applicable regulatory and statutory requirements. Success in this position requires a strong understanding and appreciation of strategic sourcing, best practices in negotiation, competitive procurement and contracting, regulatory and statutory requirements for professional services and contracts practices, and Datavant’s mission. Candidate must be deeply motivated to make a positive impact for the Datavant community, exhibit enthusiasm and capability for pursuing a data- and customer-driven approach to establishing priorities, possess strong leadership qualities and professional integrity, and demonstrate a collaborative spirit that will benefit sourcing and contracting initiatives and the overall functioning of the Finance Operations function. 

You will:

• Conceives and implements strategic sourcing initiatives based on outreach to the Datavant community, data-driven analysis and market expertise.
• Proactively initiates outreach to the Datavant community to identify strategic sourcing priorities and highlight the value of strategic procurement and the use of preferred vendors.
• Plans, leads, and implements sustainable sourcing and procurement practices in line with overall Institute sustainability efforts.
• Negotiates business terms of vendor contracts on behalf of Datavant, collaborating with the Office of the General Counsel and other Datavant units as needed to manage legal risks of contractual agreements.
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