Senior Cost Management Specialist

1 day ago

Bengaluru, Karnataka, India beBeeCost Full time ₹ 15,00,000 - ₹ 25,00,000
Job Title">

About the Opportunity

">

Biocon Biologics is leading the biosimilars revolution. We are creating a model for the future of healthcare where patients come first. Our ambition is to impact a billion lives.

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We foster a culture of affordable innovation, patient centricity and disruptive thinking. We work closely with partners and patients in a multicultural global company. We have proven end-to-end expertise in the field of biosimilars, from development to commercialization.

">Key Responsibilities">
  • Conduct detailed cost of goods sold (COGS) breakdowns for biosimilar products. Monitor key performance indicators (KPIs) to measure the impact of cost reduction initiatives.">
  • Develop and execute a multi-year COGS reduction roadmap aligned with business objectives. Identify quick wins and long-term structural changes for cost optimization.">
  • Collaborate with process development and manufacturing teams to optimize upstream and downstream processes. Recommend cost-saving measures and drive implementation.">
  • Work with procurement to negotiate better pricing for raw materials, resins, excipients and consumables. Explore alternative suppliers, dual sourcing and localization strategies.">
  • Identify opportunities for reducing logistics, warehousing and cold-chain costs. Optimize inventory and production planning to reduce waste and improve efficiency.">
  • Collaborate with quality, regulatory and compliance teams to ensure that cost-saving initiatives meet regulatory standards.">
  • Build robust cost models to assess the impact of proposed initiatives. Perform variance analysis to detect discrepancies and implement corrective actions.">
  • Act as a liaison between R&D, manufacturing, quality, procurement, finance and commercial teams for COGS-related initiatives.">
">Qualifications">
  • Hold a bachelor's or master's degree in biotechnology, biochemistry, chemical engineering or a related field.">
  • Have an MBA or specialized certifications in cost management or lean manufacturing preferred.">
  • Have 7-10+ years of experience in biopharmaceutical manufacturing or operations, with at least 3 years focusing on biosimilars.">
  • Have a proven track record of leading successful COGS reduction initiatives.">
">Benefits">
  • Play a strategic role in shaping the cost competitiveness of our biosimilars.">
  • Work in an innovative, collaborative environment focused on patient impact.">
  • Competitive compensation and benefits package.">
">Why Join Us">

Opportunity to play a strategic role in shaping the cost competitiveness of our biosimilars. Work in an innovative, collaborative environment focused on patient impact. Competitive compensation and benefits package.

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