Regeneron Pharmaceuticals Hiring for Buyer at Bengaluru, India Full Time

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 approaches to science, manufacturing, and commercialization, as well as redefining our understanding of health.

The Buyer position is responsible for handling the procurement workflow process for the requisitions of goods, supplies, and services for all locations globally. The role provides daily support to Regeneron employees and suppliers while adhering to purchasing policies and procedures. The Buyer embraces and recommends operating and transactional process improvements within the Global Purchasing department. This role implements procurement-related projects and tasks and makes decisions within limited parameters under regular supervision.

In this role typical day might include performing the following:

• Proactively resolves objectives/needs of purchase requisitions (PRs) and ensures required documentation is incorporated in the PR, which may include, Oracle New Supplier support form, Requisition Support Form, quotes, Draft Contracts, Approved Supplier List (ASL) waivers if applicable, or work orders (WO).

• Manages approved PRs and creates purchase orders (POs) in a timely manner while speaking publicly with sourcing team approvers and business requestors. Assures accurate PO line-item structure, supplier entity selection, proper currency, remittance details, and adds contract numbers & notes to guide proper tax exemption and delivery instruction if needed.

• Handles invoice hold pricing discrepancies with Accounts Payable to ensure timely and accurate closure of outstanding invoices. Work with business requestors as needed to submit change requisitions in iPro for all POs to be updated and invoices processed. Call outs to Procurement team any contract related issues requiring resolution, e.g., wrong entity, wrong currency, wrong payment terms, etc

• Annually handles the blanket purchase order creation process by analyzing spend by category, cost center, supplier, etc and identifying candidates for addition blanket orders then works with partners and procurement to implement, reviews existing blanket orders for renewal.

• Advises and applies the use of P-cards to complete an order for an approved PR when appropriate in lieu of setting up a new supplier and issuing PO’s.

• Reconciles monthly P-card expenses in Concur timely and submits for approval.

• Directs & advises the appropriate and compliant catalog usage to drive awareness with business requestors to minimize standalone PO’s with catalogue suppliers.

• Proactively reviews new supplier requests from iPro requestors and liaises with Procurement, requestor, supplier and Vendor Maintenance as appropriate to facilitate onboarding

• Supports supplier requests, contact validation, and coordinates edit related information on existing suppliers. Collaborates with the Vendor Maintenance team to ensure a timely and efficient review and approval of all supplier requests.

• Assess new supplier requisitions against use of iPro catalogs to speed the purchasing process and reduce the supplier setup burden if applicable

• Ensure PO’s are created in accordance with Regeneron’s contract policy and PO creation procedures.

• Assures POs raised within our GxP environment adhere to applicable SOPs and regulatory guidelines

• Satisfactorily completes all required trainings and certifications according to established SOP’s.

• Supports the requisition to invoice process as required. This may include, but not limited to, responding to audit information requests, participating in compliance reviews, and identifying continuous improvement opportunities working collaboratively with the sourcing team.

• Support inquiries to advise and educate partners regarding the sourcing and contract process and seek to identify system/process enhancements.

This job might be for you if you:

• 2-4 years’ experience in similar roles within purchasing, finance, AP within a Pharma/Life Sciences/Regulated industry preferred but not required.

Connect with us, so we can learn more about you, and you can learn more about our medicines. And join us in shaping 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.