Principal Specialist, Procurement

RTX•Richardson, TX

16h•Hybrid

About The Position

At Raytheon, the foundation of everything we do is rooted in our values and a higher calling – to help our nation and allies defend freedoms and deter aggression. We bring the strength of more than 100 years of experience and renowned engineering expertise to meet the needs of today’s mission and stay ahead of tomorrow’s threat. Our team solves tough, meaningful problems that create a safer, more secure world. Raytheon is seeking a Procurement Principal Specialist that will report directly to the Acquisitions Senior Manager, supporting multiple programs within the Advanced Product Solutions (APS) Raytheon business unit. This individual will manage medium to high complexity subcontracts (domestic) and represent the Supply Chain organization at various levels on functional and cross functional teams to drive business success. This role will also be the focal point for communication between internal and supplier cross-functional organizations for all procurement activities.

Requirements

Typically requires bachelor’s degree and 5 years of relevant experience or an advanced degree and 3 years of relevant experience.
DoD industry experience
Minimum 3 years experience in a procurement, contract management, and/or supply chain role
Experience working within SAP software application.
U.S. citizenship is required, as only U.S. citizens are authorized to access information under this program/contract.

Nice To Haves

Experience FAR and DFAR regulations
Experience creating and presenting presentations
Experience leading executive and program level supplier reviews

Responsibilities

Negotiate and administer multiple subcontract types, to include but not limited to, Firm Fixed Price, Cost Reimbursement, Time and Materials, as well as development/R&D efforts.
Evaluate, identify, and select suppliers that meet Raytheon requirements.
Develop business partner relationship with suppliers.
Generate and negotiate Long Term Price Agreements and other related agreements.
Work closely with Program Office representatives and Engineering to define and implement procurement strategies and develop subcontract Statements of Work.
Monitor subcontractor performance metrics and recommend/implement corrective actions as necessary.
Prepare subcontract documentation in accordance with established company, customer and government FAR and DFAR regulations.
Travel domestically less than 15%

Benefits

Our values drive our actions, behaviors, and performance with a vision for a safer, more connected world. At RTX we value: Safety, Trust, Respect, Accountability, Collaboration, and Innovation.
As part of our commitment to maintaining a secure hiring process, candidates may be asked to attend select steps of the interview process in-person at one of our office locations, regardless of whether the role is designated as on-site, hybrid or remote.
The salary range for this role is 86,800 USD - 165,200 USD. The salary range provided is a good faith estimate representative of all experience levels.
RTX considers several factors when extending an offer, including but not limited to, the role, function and associated responsibilities, a candidate’s work experience, location, education/training, and key skills.
Hired applicants may be eligible for benefits, including but not limited to, medical, dental, vision, life insurance, short-term disability, long-term disability, 401(k) match, flexible spending accounts, flexible work schedules, employee assistance program, Employee Scholar Program, parental leave, paid time off, and holidays. Specific benefits are dependent upon the specific business unit as well as whether or not the position is covered by a collective-bargaining agreement.
Hired applicants may be eligible for annual short-term and/or long-term incentive compensation programs depending on the level of the position and whether or not it is covered by a collective-bargaining agreement. Payments under these annual programs are not guaranteed and are dependent upon a variety of factors including, but not limited to, individual performance, business unit performance, and/or the company’s performance.
This role is a U.S.-based role. If the successful candidate resides in a U.S. territory, the appropriate pay structure and benefits will apply.
RTX anticipates the application window closing approximately 40 days from the date the notice was posted.
RTX is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability or veteran status, or any other applicable state or federal protected class.
RTX provides affirmative action in employment for qualified Individuals with a Disability and Protected Veterans in compliance with Section 503 of the Rehabilitation Act and the Vietnam Era Veterans’ Readjustment Assistance Act.