Indirect Sourcing & Commodity Associate

FTAI Aviation LLCMontreal, QC
Onsite

About The Position

FTAI Aviation Ltd. (NASDAQ: FTAI) owns and maintains commercial jet engines, focusing on CFM56 and V2500 engines. FTAI's proprietary products, including the Module Factory and a joint venture for engine PMA manufacturing, offer cost savings and flexibility to airline, lessor, and maintenance, repair, and operations customers. FTAI also owns and leases jet aircraft, which aids in acquiring engines at favorable prices. The company invests in aviation assets and aerospace products that generate strong, stable cash flows with potential for growth and appreciation. FTAI operates globally with offices in New York, Miami, Montréal, Singapore, Dubai, the United Kingdom, and Ireland.

Requirements

  • Bachelor's degree or 5+ years relevant experience in similar Industrial and/or Aerospace Indirect sourcing positions
  • Able to demonstrate subject matter expertise in at least one or more commodity area
  • Experience in Professional Services Commodity, including drafting complex Statements of Work
  • Experience in the execution of large and complex OPEX and CAPEX Agreements (e.g Major Equipment, Renovation Programs, multi-year Facility improvements etc)
  • Commercial negotiation and influencing skills to drive savings and deliver value to stakeholders
  • Experience in contract interpretation, analysis and drafting across Master and Sub-Agreements
  • Strong Sourcing skills and the ability to execute across all elements of the Source to Manage lifecycle
  • Outstanding interpersonal skills, including the ability to develop and nurture both internal customers and external business and supplier relationships
  • Full proficiency in French and English, both spoken and written (required)
  • Highly motivated, proactive, and able to take ownership of tasks and projects
  • Strong team player with the ability to build and maintain professional relationships
  • Excellent written and verbal communication skills
  • Strong sense of initiative and urgency
  • Proficient in Microsoft Office Suite
  • Ability to work independently
  • Intermediate level knowledge of English is necessary for aeronautical personnel to meet regulatory requirements, understand technical procedures and instructions, and document entries regarding work performed on the aeronautical product for customers outside Quebec.

Nice To Haves

  • Experience with procurement tools
  • Knowledge of aerospace equipment/tooling and commodities (asset)

Responsibilities

  • Facilitate new supplier engagements and service/product renewals with a focus on the assigned category and strategic suppliers
  • Serve as a trusted advisor to business stakeholders (Operations, Facility Maintenance, Finance and Business Units) and work collaboratively with colleagues to develop solutions and opportunities for improvement
  • Develop sound sourcing and commodity strategies that drive business value and mitigate risk across the business operations
  • Maximize commercial impact through use of competitive bids and benchmarking/advisory
  • Analyze supplier proposals and negotiate best in class contract terms and value proposition
  • Work cross-functionally with Finance, Legal and Contracts to draft and execute contracts, resolve AP issues (if necessary) and similar related tasks
  • Complete documentation and system requirements as required to enable the Source to Pay process

Benefits

  • Competitive compensation
  • Vacation
  • Personal days
  • Holidays
  • Parental leaves
  • Comprehensive Family Medical coverage
  • Dental coverage
  • Vision coverage
  • Virtual Health Care (24/7 access to medical professionals)
  • Wellness Spending Account
  • Employee & Family Assistance Program (EFAP) which includes free face to face counselling sessions
  • Medical Travel Insurance
  • Onsite fitness facilities
  • Registered Retirement Savings Plan that includes matching company contributions
  • Access to Financial Advisors providing investment advice and comprehensive financial planning
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