Principal Specialist, Subcontracts Procurement
About The Position
Raytheon Operations and Supply Chain (OSC) is seeking a strong candidate to join our energetic, and collaborative environment in support of the Advanced Technology procurement team. The selected individual will be responsible for leading procurement efforts in support of multiple programs within the Product Support business area. In this role, you will foster relationships with suppliers, administer subcontracts in a fashion consistent with integrated supply chain models, recognizing the role and value of each participant through the acquisition life cycle from requirements generation through product delivery, product support, and payment for products and services. You will engage in supplier performance, relationship management, and strategic sourcing as well as facilitate complex business agreements in support of the various contracts. The procurement professional will operate as the focal point interface to handle communication between Raytheon Programs and suppliers.
Requirements
- Typically requires a University Degree or equivalent experience and minimum 5 years prior relevant experience, or An Advanced Degree in a related field and minimum 3 years’ experience.
- Experience with DoD procurement/subcontract compliance with Public Laws, Policies, Federal Acquisition Regulations (FAR/DFAR), and ITAR and import/export requirements
- Experience with proposals and understanding of all phases of sourcing, procurement execution to include price negotiation reductions and terms and conditions, completion of compliance EPAD Packages
Nice To Haves
- Experience in leading formal negotiations (price, schedule, and supplier exceptions to contractual flow-down requirements, as well as standard Terms and Conditions)
- Previous experience with integrated supply chain, including strategic procurement
- Experience with supplier management
- Experience with reading and understanding drawings, specifications and other engineering documents including complex SOWs, Price Cost Analysis experience
- Experience with proposals from prospective suppliers and analyze cost/price, technical capability, and financial viability, conduct investigations to ensure ability to perform within cost and schedule
- Experience with import/export regulations (ITAR/EAR). Knowledge of EXIM procurements and all the rules and regulations involved in those situations.
- Experience with automation tools
Responsibilities
- Preparation and issuance of Request for Quotations/Proposals
- Perform price and cost analysis and lead formal negotiations, price, delivery, scope, terms & conditions.
- Place subcontracts/purchase orders and associated change orders
- Prepare POs and PO documentation in accordance with company directives, prime contract flow downs and company work instructions. Post-award management of POs to be handled in accordance with company directives and work instructions
- Issue and conflict resolution of medium/high complexity in accordance with all regulatory (FAR/DFAR) and corporate compliance requirements for various subcontract types (Cost Types, Firm Fixed price, Time & Materials)
- Work closely with the Program and other functional groups (Operations, Quality, Engineering, etc.) to achieve objectives
- Nurture professional business relationships with first tier subcontractors
- Provide comprehensive Supply Chain support for gate reviews.
- Ability to travel as required
Benefits
- 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
- holidays
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What This Job Offers
Job Type
Full-time
Career Level
Principal
