Prin Specialist, Procurement
About The Position
As a Principal Specialist in Procurement at Raytheon, you will manage procurement activities that support program objectives, ensure compliance, and create organizational value. You will work with cross-functional teams and suppliers to develop and implement procurement strategies aligned with business needs. The role includes procurement for production and research and development efforts, managing subcontract documentation and performance, and sourcing materials, services, and supplies. You will also address supply chain challenges, negotiate purchases, and provide procurement solutions to Integrated Product Teams. This is a remote role, primarily performed offsite from home, with travel to a site or supplier as needed. The manager may discuss some onsite presence if you live within a reasonable commute of an RTX site where you interact with colleagues.
Requirements
- 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 reading and understanding drawing specifications.
- Experience in cost and price analysis, including developing negotiation strategies and leading formal negotiations.
- Experience with FAR and DFAR regulations.
- U.S. Person status (U.S. citizen, permanent resident, refugee, or asylee) or eligibility to obtain necessary export authorizations. The posting also states U.S. citizenship is required to access information under the program or contract.
Nice To Haves
- Experience with supplier management.
- Experience working within 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, FAR, and DFAR regulations.
- Analyze complex supply chain challenges and develop solutions aligned with organizational objectives.
- Plan and execute assigned procurement tasks independently and ensure timely delivery of program requirements.
- Serve as a key point of 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, dental, and vision insurance.
- Life insurance.
- Short-term and 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.
- Potential eligibility for annual short-term and/or long-term incentive compensation programs, subject to position level and other factors.
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What This Job Offers
Job Type
Full-time
Career Level
Senior
