Strategic Procurement and Compliance Manager for Healthcare Solutions
5 days ago
At Solventum, we are committed to sourcing materials and services responsibly, while maintaining compliance with industry regulations and ensuring high-quality healthcare products and services.
We are seeking a highly skilled Strategic Procurement and Compliance Manager for Healthcare Solutions to join our team. This role is responsible for overseeing and ensuring that the sourcing and procurement activities align with the company's sustainability, ethical, and compliance standards.
The ideal candidate will have experience in the healthcare supply chain, a thorough understanding of sustainable practices, and familiarity with Sarbanes-Oxley (SOX) controls. They will support the company's mission to source materials and services responsibly, while maintaining compliance with industry regulations and ensuring high-quality healthcare products and services.
Key Responsibilities- Design and implement SOX controls within the healthcare procurement process to ensure compliance with regulatory requirements.
- Ensure all procurement activities, including documentation and records, comply with SOX and healthcare industry regulations, focusing on supplier selection, contract management, and purchase approvals.
- Conduct regular reviews and audits to validate SOX control effectiveness, identifying and addressing compliance gaps specific to the healthcare sector.
- Collaborate with internal audit, compliance, and finance teams to support SOX testing, reporting, and remediation efforts, ensuring alignment with healthcare-specific standards.
- Identify and assess risks in the healthcare supply chain, including ethical, environmental, and SOX compliance issues, as well as risks specific to healthcare materials and services.
- Develop risk mitigation strategies to address potential non-compliance issues, with a focus on maintaining high standards for patient safety and healthcare product quality.
Additionally, the successful candidate will:
- Stay updated on healthcare industry regulations, global regulatory changes, and SOX standards impacting responsible sourcing.
- Work closely with internal departments such as procurement, finance, operations, compliance, and legal to ensure alignment on responsible sourcing and SOX compliance within the healthcare context.
- Engage with external stakeholders, including regulatory bodies, certification organizations, and industry groups, to stay informed on best practices, emerging trends, and regulatory changes in the healthcare industry.
- Communicate responsible sourcing goals and SOX compliance progress to internal and external stakeholders, highlighting the impact on healthcare quality and patient outcomes.
- Collect and analyze data on sourcing activities, supplier compliance, sustainability metrics, and SOX controls, with a focus on healthcare-specific requirements.
The estimated salary for this position is $137,439 - $167,981, which includes base pay plus variable incentive pay, if eligible.
Solventum offers many programs to help you live your best life – both physically and financially. To ensure competitive pay and benefits, Solventum regularly benchmarks with other companies that are comparable in size and scope.
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