Senior Specialist Contracting

Posted Yesterday
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Bengaluru, Karnataka
Senior level
Biotech • Pharmaceutical
The Role
Senior Specialist - Contracting role at Regeneron focuses on enabling delivery of Global Procurement responsibilities. Responsible for drafting and finalizing contracts, supporting negotiations, implementing category strategies, and driving process efficiencies within contracting approaches. Requires a bachelor's degree in a relevant field and 5+ years of proven experience in procurement, particularly in Pharma/BioPharma.
Summary Generated by Built In

Regeneron is founded on the belief that the right idea, combined with the right team, can lead to significant transformations. Our growing global network is dedicated to inventing, developing, and commercializing medicines that change lives for those with serious diseases. In doing so, we are pioneering innovative ways to science, manufacturing, and commercialization, as well as redefining our understanding of health.

Senior Specialist – Contracting Global Procurement Capability Centre in Bengaluru will be an individual contributor and supporting the contracting capabilities within a newly formed Capability center to enable delivery of Global Procurement responsibilities at Regeneron. The role will be demonstrating a systemic approach for buying goods and services while applying procurement applications to provide efficient and effective contract execution.

The role will maintain consistency, scalability and efficiency for repeatable, location agnostic contracting across Global Procurement. In addition, working with colleagues globally, the role will support end to end contract execution process by implementing category strategy, supplier negotiated terms, providing analytical insights, as needed, to advise future decision making.

In this role typical day might include performing the following:

  • Accountable for drafting and finalising contracts across categories and services to agreed quality and timelines.

  • Supports simple contracting activities to ensure compliance with appropriate GxPs and other applicable regulations, as applicable.

  • Work closely with colleagues in Global Procurement to ensure contracting approach is in alignment with category strategy.

  • Supports implementation of contracting approaches with category strategies to serve global and regional business needs as assigned.

  • Supports simple negotiations, supplier management activities, and stakeholder engagement activities for the contract as assigned.

  • Identify and implement process efficiency within contracting approaches across Global Procurement

  • Takes direction to drive value in terms of cost savings, cash flow improvement, and other efficiency savings from contract management activities.

This job might be for you if you:

  • The role requires a bachelor's degree in a relevant field of study plus relevant, dynamic experience in procurement, including experience in Pharma/BioPharma.

  • Looking for 5+yrs proven experience into Procurement contracts

  • Establishes relationships with stakeholders and suppliers to get results for Regeneron.

  • Candidate should demonstrate ability to support cross-functional teams to get results in implementing category strategies through effective sourcing, negotiations, contracting, and supplier relationship management.

  • Provide insight and knowledge regarding rates, unit costs, and costing structures to enable efficient negotiations.

  • Uses external data sources, market information, and supplier engagement to support negotiation strategy.

  • Individual who is experienced operating with integrity, focus, and transparency in an environment of ambiguity to lead change and improvement.

  • Solid understanding with sourcing contracting tools, ERP’s, and eRFx systems preferred. (Oracle, Zycus, Ariba, Other)

  • Ability to demonstrate standard business applications for communicating, presenting and analyzing (Word, Excel, Powerpoint)

Connect with us, so we can learn more about you, and you can learn more about our medicines. And join us in crafting the future of healthcare.

Regeneron is an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion or belief (or lack thereof), sex, nationality, national or ethnic origin, civil status, age, citizenship status, membership of the Traveler community, sexual orientation, disability, genetic information, familial status, marital or registered civil partnership status, pregnancy or parental status, gender identity, gender reassignment, military or veteran status, or any other protected characteristic in accordance with applicable laws and regulations. We will ensure that individuals with disabilities are provided reasonable accommodations to participate in the job application process. Please contact us to discuss any accommodations you think you may need.

Does this sound like you? Apply now to take your first step towards living the Regeneron Way! We have an inclusive and diverse culture that provides comprehensive benefits, which often include (depending on location) health and wellness programs, fitness centers, equity awards, annual bonuses, and paid time off for eligible employees at all levels!

Regeneron is an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion or belief (or lack thereof), sex, nationality, national or ethnic origin, civil status, age, citizenship status, membership of the Traveler community, sexual orientation, disability, genetic information, familial status, marital or registered civil partnership status, pregnancy or parental status, gender identity, gender reassignment, military or veteran status, or any other protected characteristic in accordance with applicable laws and regulations. The Company will also provide reasonable accommodation to the known disabilities or chronic illnesses of an otherwise qualified applicant for employment, unless the accommodation would impose undue hardship on the operation of the Company's business.

For roles in which the hired candidate will be working in the U.S., the salary ranges provided are shown in accordance with U.S. law and apply to U.S.-based positions. For roles which will be based in Japan and/or Canada, the salary ranges are shown in accordance with the applicable local law and currency. If you are outside the U.S, Japan or Canada, please speak with your recruiter about salaries and benefits in your location.

Please note that certain background checks will form part of the recruitment process. Background checks will be conducted in accordance with the law of the country where the position is based, including the type of background checks conducted. The purpose of carrying out such checks is for Regeneron to verify certain information regarding a candidate prior to the commencement of employment such as identity, right to work, educational qualifications etc.

Top Skills

Ariba
Oracle
Zycus
The Company
HQ: New York, New York
15,000 Employees
Hybrid Workplace
Year Founded: 1988

What We Do

At Regeneron we believe that when the right idea finds the right team, powerful change is possible. As we work across our expanding global network to invent, develop and commercialize life-transforming medicines for people with serious diseases, we’re establishing new ways to think about science, manufacturing and commercialization. And new ways to think about health. Connect with us so we can learn more about you, and you can learn more about our biopharmaceutical medicines. And join us, as we build a future we believe in.

Please visit www.regeneron.com/social-media-terms for information on how to engage with us on social media.

An important note about privacy: Regeneron is committed to your privacy and will not ask for sensitive personal information such as social security number, date of birth or bank account details via email or social media.

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