Procurement Specialist, CAPEX

Rio Tinto • Labrador City, NL

5d • Onsite

About The Position

We are looking for a Procurement Specialist, CAPEX to join the Iron Ore Company of Canada (IOC) Procurement team. This is an exciting opportunity to play a key role in managing procurement activities for large capital projects while partnering with stakeholders across the business to deliver value, drive efficiency, and support strategic sourcing initiatives. Reporting to the Procurement CAPEX Lead, you will lead end-to-end sourcing and contracting activities for capital projects, engage with major suppliers, and contribute to the continuous improvement of procurement practices and supplier relationships.

Requirements

• Bachelor's degree in Business, Supply Chain, Engineering, Project Management, or a related discipline.
• Minimum of 10 years of relevant experience in procurement, project management, technical, or related commercial environments.
• Demonstrated experience managing sourcing and contracting activities for large or complex projects.
• Strong negotiation, analytical, problem-solving, and commercial acumen.
• Excellent verbal and written communication skills.
• Proven ability to work independently and collaboratively in a fast-paced environment.

Nice To Haves

• Experience with SAP, Ariba, and Power BI.
• Professional procurement designation (SCMP, CPSM, MCIPS, or equivalent).
• Bilingualism (English and French).

Responsibilities

• Prepare and manage competitive sourcing events, including bid package development, bid evaluations, commercial analysis, and award recommendations.
• Lead supplier negotiations related to pricing, commercial terms, scope clarifications, contract conditions, and value improvement opportunities.
• Identify and deliver opportunities for cost savings, spend optimization, demand management, strategic sourcing, and continuous improvement.
• Negotiate, develop, and implement supplier contracts and master service agreements.
• Independently lead complex and high-value sourcing and negotiation activities.
• Collaborate with cross-functional stakeholders to align procurement activities with business needs and project objectives.
• Contribute to the enhancement of procurement processes, tools, templates, supplier engagement practices, and stakeholder experience.

Benefits

• Career development & education assistance to further your technical or leadership ambitions
• A competitive base salary reflective of your skills and experience with annual incentive program
• Ongoing access to family-friendly health and medical programs, pension and savings plans
• Attractive share ownership plan
• Leave for all of life’s reasons (vacation/annual, paid parental, sick leave)
• Exclusive employee discounts

What This Job Offers

• Job Type: Full-time
• Career Level: Senior