Director of Strategic Business Growth

At Cencora, our team members are the foundation of our mission to create healthier futures. We invite passionate individuals who want to impact health and well-being globally to join our innovative organization. If you're ready to make a difference, we encourage you to apply!

Position Overview

We are excited to hire a Director of Strategic Business Growth to be part of our vibrant team!

This role is a great fit for a strategic thinker and results-oriented professional dedicated to fostering growth and building impactful relationships.

Role Summary :

The Director of Strategic Business Growth will be pivotal in propelling transformative growth and enhancing margins through strategic investments. This leadership role will focus on executing Cencora's strategic vision by identifying and leveraging high-value acquisition and partnership opportunities in our target markets. In collaboration with senior leadership, you will utilize mergers and acquisitions (M&A) as essential strategies for growth, proactively sourcing potential partners and overseeing all due diligence processes for successful business initiatives.

Key Responsibilities :

Leadership in Business Development

Collaborate with the senior leadership team to craft and implement a comprehensive inorganic strategy (M&A, partnerships, etc.) that aligns with Cencora's overall business objectives.

Conduct specialized market research to support end-market strategies developed by the Strategic Development group.

Deal Sourcing, Evaluation, and Execution

Create a proactive pipeline of potential targets and implement a comprehensive cultivation plan for optimal engagement.

Develop detailed deal theses based on market insights and collaborate with the business team for value creation strategies.

Team up with Corporate Development on return on invested capital (ROIC) model development and establish valid assumptions regarding value drivers.

Navigate through the deal stage gate process to enhance deal outcomes.

Deal Diligence and Execution

Lead cross-functional diligence teams to thoroughly evaluate assets and assess their impact on overall valuation.

Engage with subject matter experts for deal-specific assessments that reinforce confidence.

Identify risk areas and develop actionable integration plans to mitigate them.

Qualifications and Experience :

8+ years of experience in consulting, investment banking, or business leadership with a focus on inorganic activities.

Substantial expertise in the Healthcare and MedTech sectors.

Preferred educational qualifications include an MBA and a technical degree.

Essential Skills and Attributes :

Proven track record in successful business transformation with the ability to lead organizations through change.

Strong strategic and analytical skills, capable of interpreting complex data and market trends for informed decision-making.

Exceptional executive presence with the ability to effectively communicate with senior leadership.

Skill in deal origination efforts, engaging potential acquisition targets, and ensuring alignment with business goals.

Ability to think strategically and collaborate on deal thesis development.

Advanced experience in due diligence processes, ensuring comprehensive evaluations of financial, operational, and strategic aspects.

Ability to maintain high cross-functional awareness, leading collaborative efforts to achieve strategic objectives.

Expertise in aggregating information and presenting insights clearly to diverse audiences.

Deep understanding of industry trends for leveraging strategic insights.

Excellent verbal and written communication skills, capable of presenting complex information persuasively.

Strong project management abilities, adept at managing multiple priorities in fast-paced settings.

Demonstrated capacity for problem identification, evaluation of options, and effective solution implementation.

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What Cencora Offers

We provide an inclusive culture along with comprehensive compensation and benefits that allow our team members to live purposefully every day. We offer traditional benefits such as medical, dental, and vision care, as well as support for working families, which may include backup dependent care, adoption assistance, infertility coverage, family building support, behavioral health solutions, paid parental leave, and caregiver leave. To promote personal growth, we offer training programs, professional development resources, mentorship opportunities, employee resource groups, volunteer activities, and more.

Equal Employment Opportunity

Cencora is committed to equal employment opportunities and prohibits discrimination based on race, color, religion, sex, sexual orientation, gender identity, genetic information, national origin, age, disability, veteran status, or any other class protected by law. Our ongoing success relies on effectively utilizing qualified individuals across all areas of the company. We aim to provide reasonable accommodations for individuals with disabilities during the employment process in accordance with legal requirements.

Affiliated Companies

Affiliated Companies : AmerisourceBergen Services Corporation