Procurement Lead

Vault 4401 • Denver, CO

5d • $100,000 - $140,000 • Hybrid

About The Position

Vault 44.01 (“Vault”) is a leading carbon capture & storage (“CCS”) developer focused on the development, capitalization, and operation of carbon storage assets throughout North America. Vault’s team brings over 90 years of direct carbon storage experience, with involvement in the development of carbon storage projects across North America since 2007. Vault’s capabilities span technical analysis, project design, permitting, stakeholder engagement, land leasing and acquisition, facility construction, and operations. In collaboration with our industrial partners, we are currently developing CCS projects in the US Midwest, US Southeast, and Canada, focusing on single CO2 source, near-site sequestration projects and including 7 projects currently under contract. Vault has secured a US$300 million equity capital commitment from Grey Rock Investment Partners (Dallas, TX based private equity company) and has offices in Denver, CO and Calgary, AB.

Vault is seeking an experienced and hands-on Procurement Lead to establish and manage procurement and contracting activities across our projects including drilling, completions, facilities and operations. This role will be critical in ensuring cost control, supplier performance, and schedule adherence as we move into capital project execution and operations. As a key member of the Operations team, the Procurement Lead will develop procurement strategies, manage vendor relationships, and implement processes that support efficient and scalable operations.

Requirements

• 10 years of procurement experience in oil & gas, energy, or infrastructure projects
• Direct experience supporting drilling and completions programs and/or facilities construction
• Strong knowledge of oilfield services, equipment supply chains, and contracting models
• Proven experience managing competitive bid processes and negotiating contracts
• Familiarity with long-lead equipment procurement (e.g., compressors, process equipment)
• Ability to operate effectively in a small, fast-paced, and evolving organization
• Strong commercial acumen, analytical skills, and attention to detail
• Excellent stakeholder management and communication skills
• Post-secondary education in business, supply chain, engineering, or a related field
• Must be able to legally work in the United States of America

Responsibilities

• Collaborate with projects and operations to define procurement requirements and lead procurement activities for drilling, completions, facilities and operations
• Develop and execute sourcing strategies aligned with project schedules and budgets
• Manage competitive bidding processes (RFPs/RFQs), bid evaluations, and contract negotiations
• Identify and secure long-lead items, ensuring timely delivery and supply chain reliability
• Establish and maintain preferred supplier lists and vendor qualification processes
• Negotiate commercial terms and manage contracts to mitigate risk and optimize value
• Track procurement budgets, commitments, and cost savings initiatives
• Implement procurement policies, systems, and controls appropriate for a growing organization
• Monitor supplier performance, delivery, and quality, resolving issues as needed
• Ensure compliance with regulatory, HSE, and company standards

Benefits

• Competitive salary
• 401k plans
• Health and dental coverage
• Retirement plans
• Generous paid time off
• Paid holidays
• Health Savings Accounts (HSAs) & Flexible Spending Accounts (FSAs) for health and dependent care
• Paid Parental Leave (maternity & paternity)

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: Associate degree