Principal Procurement Specialist
About The Position
As a Principal Specialist in Procurement at Raytheon, you will manage procurement activities that support program objectives, ensure compliance, and create value for the organization. You will collaborate with cross-functional teams and suppliers to develop and implement procurement strategies aligned with business needs. The role covers production and R&D efforts and includes procurement of materials, services, and supplies, as well as solutions for “buy” technologies. This remote role is based in the United States. Employees work primarily offsite from home; a manager may discuss some onsite presence for employees who live near an RTX site with colleagues they work with. Candidates may also be asked to attend select interview steps in person. U.S. citizenship is required to access information under the program or contract. The posted salary range is $86,800–$165,200. Eligible hires may receive benefits and annual incentive compensation, subject to business-unit, role, and performance-related conditions.
Requirements
- Typically, a bachelor’s degree and at least 5 years of relevant experience, or an advanced degree in a related field and at least 3 years of experience.
- Experience with FAR and DFAR regulations.
- U.S. Person status or eligibility to obtain necessary export authorizations; U.S. citizenship is required to access information under this program or contract.
Nice To Haves
- Experience reading and understanding drawing specifications.
- Experience in cost and price analysis, developing negotiation strategies, and leading formal negotiations.
- Experience with supplier management.
- Experience working with SAP software applications.
- Experience leading executive- and program-level supplier reviews.
- Experience making verbal and/or written presentations to key stakeholders.
Responsibilities
- Negotiate and administer Firm Fixed Price, Cost Reimbursement, and Time and Materials subcontracts for production and R&D efforts.
- Collaborate with material program management and engineering teams to define and execute procurement strategies.
- Monitor subcontractor performance metrics and recommend or implement corrective actions.
- Prepare and manage subcontract documentation in compliance with company policies and FAR and DFAR regulations.
- Analyze complex supply chain challenges and develop solutions aligned with organizational objectives.
- Plan and execute assigned procurement tasks independently to ensure timely delivery of program requirements.
- Serve as a key contact for internal and external stakeholders and collaborate with senior personnel on cross-functional initiatives.
- Use ERP systems and standard supply chain processes to manage procurement execution and drive material outcomes.
- Conduct price analyses, support cost analyses, develop negotiation strategies, and lead negotiations to achieve best-value outcomes.
- Source, negotiate, award, and document purchases for materials, services, and supplies.
- Interface with Integrated Product Teams (IPTs) to address technical and program challenges and provide procurement solutions for “buy” technologies.
Benefits
- Medical insurance
- Dental insurance
- Vision insurance
- Life insurance
- Short-term disability insurance
- Long-term disability insurance
- 401(k) match
- Flexible spending accounts
- Flexible work schedules
- Employee assistance program
- Employee Scholar Program
- Parental leave
- Paid time off
- Holidays
- Annual short-term and/or long-term incentive compensation programs may be available, subject to eligibility and other factors.
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What This Job Offers
Job Type
Full-time
Career Level
Senior
