The Procurement Specialist manages vendor relationships, processes orders, ensures compliance with policies, and supports finance and lab operations.
Who We Are
Cogent Biosciences is a publicly traded biotechnology company focused on developing precision therapies for genetically defined diseases. The most advanced clinical program, bezuclastinib, is a selective tyrosine kinase inhibitor that is designed to potently inhibit the KIT D816V mutation as well as other mutations in KIT exon 17. KIT D816V is responsible for driving systemic mastocytosis (SM), a serious disease caused by unchecked proliferation of mast cells. Exon 17 mutations are also found in patients with advanced gastrointestinal stromal tumors (GIST), a type of cancer with strong dependence on oncogenic KIT signaling. Top-line results from registration-directed trials in NonAdvanced SM, Advanced SM and GIST are expected in 2025. The company also has an ongoing Phase 1 study of its novel internally discovered FGFR2 inhibitor. In addition, the Cogent Research Team is developing a portfolio of novel targeted therapies to help patients fighting serious, genetically driven diseases targeting mutations in ErbB2, PI3Kα and KRAS.
Our Team
https://cogent.culturehq.com
The Procurement Specialist will be a part of a dynamic and fast paced team. In this role you will be responsible for preparing and processing orders on behalf of the Research Team and will support lab operations and finance from our Boulder location. This role serves as key liaison between corporate functions and business partners to facilitate the timely procurement of lab supplies, and other research-related materials, processing of purchase orders and invoices and resolution of issues within the purchasing function.
Responsibilities
- Manage vendor onboarding and set up within the purchasing system and manage on-going relationships with established vendors
- Review purchase requisitions and convert them to purchase orders in the purchasing system, including review to ensure preferred suppliers are used and purchases comply with the Cogent purchasing policies and procedures
- Assist with chemical purchases, tangible goods purchases and service and contract requests through the appropriate purchasing systems, including obtaining quotes, sourcing materials and entering into the system
- Negotiate with suppliers for discounts and manage vendor catalogs
- Assist with tracking material orders to delivery and resolving any issues, including providing updates to requesters as needed
- Develop KPIs for monitoring vendor and spend trend and activity; identify areas for potential cost savings or efficiencies
- Add new employees to systems and conduct employee training on Procurement policies and procedures and purchasing systems
- Collaborate with Accounts Payable and internal customers to resolve procure-to-pay issues, including receiving exceptions and invoice match exceptions
- Work with the Finance team in establishing SOX compliant purchasing policies and procedures and assist in monitoring and documenting controls
- Maintain and promote strong relationships with internal and external customers
- Make improvements to processes and tools to enhance productivity
- Assist in preparation of Operating and Capital budgets
Qualifications
- Minimum of 4-5 years of relevant experience, (Pharmaceutical/biotech industry experience strongly preferred)
- Strong project management skills with accurate attention to detail
- Proficient in MS Office and Excel, & experience with online Procurement and ERP systems, experience with Jaggaer and/or Netsuite systems a plus
- Solid understanding of procure-to-pay (P2P) workflows
- Supplier relationship management experience
- Clear, concise communicator with the ability to be direct while building and maintaining productive relationships and excellent written communication skills
- High energy, forward-thinking, self-driven and creative individual with high ethical standards and a positive and professional demeanor
- Ability to be flexible and able to function comfortably in a fast paced, changing and dynamic environment
- Ability to work on site in Boulder, CO for the majority of the work week, with flexibility for some remote work as needed. The role is required to be on site.
Our Locations
Waltham, MA: Our Boston office includes an open office layout that has recently undergone a makeover designed for collaboration and giving our employees the best work place possible. Free access is provided for both on-site parking and gym facilities in the building.
Boulder, CO: We have just moved into our new state-of-the art Research Facility in the fast-growing biopharmaceutical hub in the greater Denver/Boulder corridor. Our CEO is based full-time in this location and we are proud to call this the home of Cogent’s discovery research organization.
Our Offer To You
To attract the very best talent, we offer a generous benefits package that includes competitive pay, performance-based bonus, stock options, insurance coverage (health, dental, life, and disability), competitive time-off, a 401(k) plan, and commuter/parking benefits.
We are proud to be an Equal Opportunity Employer. Our goal is to have a diverse workforce. We do not discriminate on the basis of race, age, color, religion, national origin, gender, sexual orientation, gender identity or expression, veteran status or disability, or any other status protected under federal, state, or local law. All employment is decided on the basis of qualifications, merit, and business need.
Top Skills
Excel
Jaggaer
MS Office
NetSuite
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