Principal Supply Chain Major Capital Project Specialist

Xcel Energy•Denver, CO

1d•Hybrid

About The Position

Lead, develop, and execute sourcing strategies for large-scale engineering, procurement, and construction (EPC), engineered equipment, and construction services contracts, aligned with business stakeholder priorities. Use construction project contract expertise to procure construction EPC/turnkey contracts, achieve project savings targets, negotiate supplier commercial terms and contracts, and manage risk mitigation and post-award contract management plans, including KPIs and supplier reviews. Work with leadership and business-unit stakeholders during project planning to deploy category-level strategies on time and secure the lead time needed for project-directed sourcing. Provide peer-level coaching and guidance to other sourcing professionals. The position is eligible for an annual incentive program and the benefits listed in the posting. Xcel Energy supports a hybrid work model; many roles work onsite three days per week, but expectations vary by role, team, and business needs. This role requires up to 20% travel and a driver’s license.

Requirements

Bachelor’s degree in Supply Chain Management, Engineering, Construction Management, Business, or a related technical or analytical field.
Eight years of advanced contracting or sourcing experience.
Project management experience.
Expert contract knowledge, negotiation, and project management skills.
Advanced expertise in sourcing and supply chain management principles.
Proficiency in Microsoft Office Suite and significant experience with purchasing and sourcing systems.
Results-oriented and customer-focused approach.
Strong interpersonal, relationship-building, and presentation skills.
Ability to travel up to 20%.
Valid driver’s license.

Nice To Haves

Experience developing, negotiating, and administering EPC contracts for large-scale capital projects, including commercial risk allocation, pricing structures, scope management, change orders, and contract claims resolution.
MBA.
Certified Professional in Supply Chain Management (CPSM) or another supply chain certification.

Responsibilities

Execute contracting and procurement strategies and tactics for large-scale capital projects, sourcing high-value and complex goods and services.
Develop should-cost models and project justifications.
Lead definition of technical bid requirements, specifications, and specialized terms and conditions; execute bidding events and lead bid evaluation teams through proposal analysis and business awards.
Coordinate with Category Management to leverage scale for recurring purchases and capture value.
Apply contract expertise and integrate contract components to support efficient project delivery; lead development and refinement of project delivery contracting strategies.
Ensure contractors are trained and comply with corporate policies and procedures.
Develop complex contract negotiation strategies and plans that represent company interests in purchases for large-scale capital projects.
Analyze, verify, and negotiate modifications, changes, and additional work orders outside the original contract or purchase scope.
Resolve disputes and contract adjustments with critical suppliers and internal stakeholders.
Participate with leadership in business-unit project planning to deploy category-level strategies in a timely manner and secure sufficient lead time for project-directed sourcing.
Create and manage project plans for sourcing goods and services; integrate sourcing and business project plans to support enterprise-wide standardization of technology and equipment specifications.
Build stakeholder relationships and communicate sourcing project status.
Develop and lead post-award contract management plans, including KPIs; review supplier commitments and progress milestones against contractual terms and project value objectives.
Manage supplier performance and critical supplier relationships, and collaborate with Category Managers to support project needs in alignment with category strategies.
Develop and lead capital project risk management strategies.
Apply contract law knowledge to administer project contract agreements and forms; manage contract risk and assemble documentation for project-specific insurance.
Limit company liability through proper documentation.
Coach sourcing professionals and provide industry-relevant contract management advice and training through hands-on and classroom methods.