Specialist II, Procure to Pay COE at Axsome Therapeutics Inc

Warren, New Jersey, United States

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Not SpecifiedCompensation

Mid-level (3 to 4 years)Experience Level

Full TimeJob Type

UnknownVisa

Biopharmaceutical, HealthcareIndustries

Requirements

High school diploma and a minimum of 5 years of current, related Procurement and/or vendor relations experience required, ideally within a pharmaceutical, biotechnology or related industry
Proficiency with Microsoft Office specifically Excel
Excellent verbal and written business communication skills
Attention to detail, organizational skills and good customer service skills
Excellent planning, organization and time management skills including the ability to support and prioritize multiple tasks
Ability to work independently and collaboratively, as required, in a fast-paced, matrixed, team environment consisting of internal and external team members

Responsibilities

Work across business units to assist with the planning and prioritization related to purchasing activities
Review requisition submissions for appropriateness, correct classification, supporting documentation where relevant; oversee and manage the approval process; update and maintain purchase orders through completion
Work closely with vendors to create, transmit and prioritize approved purchase orders
Track order acknowledgements, prepare and communicate order information as needed (delivery dates, costs, shortage, and back-order information)
Communicate internally as a liaison for the procurement team to ensure order information from vendors/suppliers is shared appropriately and in a timely manner with requesters regarding inventory shortages, order status, etc. for planning purposes
Support the PTC supplier portal process by assisting with the supplier portal workflow process through validating vendor data against PTC required information and documentation; support vendors as needed to complete the supplier portal registration process
Assist with the development and execution of procurement reporting in support of day-to-day procurement operations, to fulfill audit requirements and support internal controls
Support the accounts payable team and finance division in resolving receiving and invoice discrepancies
Support PTC end users with communications and training as needed regarding requisition submission; maintain training information for accuracy/changes as needed
Assist with the development, identification, and execution of procurement best practices through benchmarking and end to end process improvements
Act as a liaison for procurement to satisfy audit requests related to procurement processes and reporting
Perform other tasks and assignments as needed and specified by management

Skills

Key technologies and capabilities for this role

Purchase OrdersRequisitionsVendor ManagementProcurement ProcessesOrder TrackingIssue ResolutionSupplier PortalWorkflow ManagementProcurement ReportingProcess ImprovementSOP ComplianceCross-Functional Collaboration

Questions & Answers

Common questions about this position

Is this a full-time position?

Yes, this is a full-time employment opportunity.

What is the work location for this role?

This information is not specified in the job description.

What key responsibilities are involved in this Procurement Specialist role?

The role involves creating purchase orders from requisitions, order tracking and management, issue resolution, maintaining vendor relations, procurement reporting, and supporting process improvements.

What is the company culture like at PTC Therapeutics?

PTC Therapeutics cultivates an inclusive culture where everyone feels valued, respected, and empowered, welcoming candidates from all backgrounds to foster a strong sense of belonging.

What makes a strong candidate for this Procurement Specialist position?

Strong candidates will have experience working cross-functionally with internal departments and external partners on procurement matters, supporting process improvements, and ensuring adherence to regulatory requirements and SOPs.

Axsome Therapeutics Inc

Develops therapies for CNS disorders

About Axsome Therapeutics Inc

Axsome Therapeutics develops therapies for central nervous system (CNS) disorders, focusing on conditions like major depressive disorder, treatment-resistant depression, and Alzheimer's agitation. Their main product, AXS-05, is an oral medication that works by blocking NMDA receptors in the brain, which helps regulate mood. This drug has shown positive results in clinical trials and has received special FDA status to speed up its approval process. Unlike many competitors, Axsome emphasizes addressing unmet medical needs in CNS disorders and aims to improve patient outcomes through rigorous research and development. The company's goal is to bring effective treatments to market, enhancing the quality of life for patients suffering from these conditions.

New York City, New YorkHeadquarters

2012Year Founded

$430.7MTotal Funding

IPOCompany Stage

Biotechnology, HealthcareIndustries

201-500Employees

Benefits

Performance Bonus

Company Equity

Risks

Increased competition from companies like Compass Pathways in the CNS market.

Potential delays in AXS-07 launch amid growing market anticipation.

Departure of key personnel like Lori Englebert may impact strategic direction.

Differentiation

Axsome focuses on CNS disorders with limited current treatment options.

AXS-05, an NMDA receptor antagonist, targets major depressive disorder and treatment-resistant depression.

Axsome's balanced portfolio includes both clinical and research stage products.

Upsides

FDA's fast-tracking of CNS treatments could expedite Axsome's drug approvals.

Increased investment in CNS R&D drives innovation, benefiting Axsome's pipeline.

Growing personalized medicine trend offers Axsome opportunities for tailored therapies.

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