Intern, Procurement at Intercept Pharmaceuticals Inc. in New York, New York

Job Description:

Job Description

COMPANY SUMMARY:

At Intercept, our mission is to build a healthier tomorrow for patients with progressive non-viral liver diseases. Intercept's lead product, obeticholic acid (OCA), is a first-in-class farnesoid X receptor (FXR) agonist marketed under the brand name \"Ocaliva ® \" in the U.S., EU and Canada for the treatment of patients with primary biliary cholangitis (PBC), a rare autoimmune liver disease. Ocaliva ® was the first medication to be approved for PBC in over twenty years, and sales continue to grow more than four years after its initial approval in 2016.

Intercept has also established the leading clinical development program in advanced fibrosis due to nonalcoholic steatohepatitis (NASH), a disease that impacts the lives of millions of people in the U.S. alone. Currently, there are no available treatments for NASH, and the REGENERATE study of OCA remains the only Phase 3 trial to have generated positive results in the disease. A second Phase 3 trial, REVERSE, is evaluating OCA in patients with compensated cirrhosis due to NASH, with results expected in 2021.

People at Intercept are passionate about patients. You'll see their photos lining our walls and hear their stories in town halls. We're equally passionate about our team and ensuring each member reaches their potential. We brave new challenges together. That's how we find better ways to get things done and break down barriers. It's also how we make it fun to work here.

At Intercept, we foster an environment that celebrates creativity, collaboration and mutual respect. We never hesitate to lean on our teammates and work together. Our relatively small size means you partner with accessible leaders who know you by name. This brings accountability and growth, which all add up to more opportunities to learn something new every day. A strong commitment to diversity, equity and inclusion is engrained in both our culture and our business. For self-motivated leaders who are ready to make a di­fference in the lives of patients, Intercept is a great place to be.

POSITION SUMMARY:

As Intercept continues to build its position as the leader in progressive non-viral liver disease, we are seeking a Procurement Intern to join our hard-working, customer-centric and energetic department.

The selected summer intern will be expected to support procurement operations and related sourcing projects, which will entail, but are not limited to, spend analysis, market studies, and strategy development. You will be working hands on with data and be trained on our systems to help manage projects alongside with our team. At a minimum, the intern is expected to be proficient in using Microsoft tools such as Outlook, Excel, PowerPoint, Word and Teams in order to perform the project tasks described.

This is a summer (May/June - August/September) paid internship.

CORE ACCOUNTABILITIES:

The successful candidate must be able to perform each of the following satisfactorily:

• Increase WorkPlace user experience with other department's guidance (e.g., AP payment schedule/tips, Accounting close dates, GL list, approvers updates).


• Support building an enterprise vendor risk management program.


• Review spend and supplier data for other Commercial and Marketing opportunities.


• Actively review vendor onboarding system and process to help troubleshoot and track. Update all applicable stakeholders (due diligence teams, supplier, IT)


• Understand the legal and compliance environment and drive collaboration with the Legal and Compliance team


• Drive the spirit of \"ONE Team\" across all functions by supporting a team approach to focus on our patients and customers as our top priorities


• Make Intercept a truly desired place to work

In this role, a typical summer might include the following:

• Achieving a general understanding of our global organization, business and operations.


• Completing hands-on projects that have a positive impact on the business and engages active cross-functional team collaboration.


• Engaging with Intercept leadership, as applicable.


• Establishing connections with Intercept's diverse associates

Experience and Skills

QUALIFICATIONS:

• In order to be considered for this role, you must be either an advanced undergraduate or graduate student pursuing a degree in Business, Finance, Mathematics, Statistics, Data Science, Health Sciences or similar and have an interest in learning about the procurement department.


• The ability to work 30 - 40 hours per week (minimum of 30 hours) for approximately 12-14 weeks.


• Ability to work onsite at Intercept's New York office as needed, pending local ordinances for onsite work

REQUIRED KNOWLEDGE AND ABILITIES:

• Ability to learn about purchasing requisitions, PO's and ERP system and participate actively in cross-functional project teams.


• Negotiation skills.


• Experience with MS applications (Word, Excel especially, Outlook, and PowerPoint).


• Experience with Workplace, Great Plains, Cobblestone a plus.


• Interest in multinational companies a plus.


• Ability to work independently.


• Ability to build partnerships across the organization and with strategic suppliers.


• Interest in gathering qualitative and quantitative data.


• Strong verbal and written communications skills


• Learning agility and 'scalability' to take on increasing responsibility as Intercept grows


• Consistent demonstration and embodiment of company core values: Collaboration, Excellence, Innovation, Integrity, Passion, Patient/Stakeholder Centricity


• Ability to have fun and thrive in a growing, diverse and inclusive work environment

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