Principal Specialist, Contracts (Remote)

Prattwhitney; Arizona; Hybrid; USD 87,000 - 165,000; Full time

Benefits offered by this job

Healthcare

401(k) match

Parental leave

Flexible schedules

Educational assistance

Employee assistance program

Job summary

RTX, a leading aerospace and defense company, seeks a Principal Specialist, Contracts to lead proposals and contract execution for a NAM program. You will partner with Portfolio Directors, Program Managers, Chief Engineers, Finance, and Supply Chain to drive on-time delivery and resolve contractual issues.

This remote role requires US residency, with DoD security clearance capabilities; experience with FAR/DFARS, negotiations, and risk analysis will help shape strategic contracts and protect

Qualifications

• University degree or equivalent experience with 5+ years of relevant contract experience.
• Experience with contracts management, program management, business/finance and supply chain processes.
• Experience with FAR/DFARS requirements or similar contracting regimes.
• Experience in negotiations, pricing, and transactional agreements (SOWs, IP/license/teaming).
• Advanced degrees related to business, law, or finance are a plus.

Responsibilities

• Work closely with Portfolio Directors, Program Managers, Chief Engineers, Finance, and Supply Chain to manage successful execution of contracts.
• Identify, mitigate, and drive resolution of contractual issues as they arise.
• Ensure negotiated terms and conditions comply with company policies.
• Provide guidance on contractual and business issues, rights and obligations, and risk mitigation.
• Establish and maintain effective relationships with customers and internal partners.
• Interface with customers for correspondence, contractual changes, and issues.

Skills

Contracts management

Program management

Negotiation

FAR/DFARS knowledge

Risk analysis

Education

University Degree

Advanced Degree (MBA/JD/MS)

Job description

At RTX, the world's largest aerospace and defense company, 185,000 great minds are united by purpose and inspired to make a difference solving the world’s most complex problems. With our three market leading businesses, world-class operations and investments in research and development, we offer capabilities and opportunity no one else can. Together, we push the boundaries of known science and find new ways to connect and protect our world. Raytheon brings the strength of more than 100 years of experience and renowned engineering expertise to meet the needs of today’s mission and stay ahead of tomorrow’s threat. We deliver solutions that help our nation and allies defend freedoms and deter aggression, creating a safer, more secure world. Join us and help shape the future of aerospace and defense.

Principal Specialist, Contracts

Raytheon has an exciting opportunity for a Principal Specialist, Contracts supporting the Development Contracts lead for a critical and growing program area within our Naval Power, Naval Air Missiles (NAM) organization. The successful applicant will lead new pursuits (proposals), as well as execution efforts (Contracts) and will be an integral part of the business teams, supporting strategic solutions and providing dynamic recommendations for proposal, negotiation, and execution issues. Specific focus will be driving for on-time proposal delivery, current contract execution. Developing and maintaining strong internal and external customer relationships will be required. The program is a complex, legacy missile franchise program that launches from ships, submarines, and ground launchers and can strike targets precisely from 1,000 miles away, even in heavily defended airspace with development, production, and sustainment activities interwoven. The portfolio includes FAR-based domestic and Foreign Military Sales (FMS) contracts with the US Navy (NAVAIR). Our Raytheon Contracts teammates are valued business partners, influencing and executing balanced business deals, collaborating with internal and external stakeholders, all in support of the products and services we deliver to our customers. With a global portfolio of clients, partners, and suppliers, the development opportunities for our Contracts professionals are endless, both domestically and abroad.

What You Will Do

• Work closely with the Portfolio Directors, Program Managers, Chief Engineers, Finance, and Supply Chain to manage successful execution of contracts.
• Identify, mitigate, and drive resolution of contractual issues as they may arise.
• Ensure that negotiated terms and conditions comply with company policies.
• Provide guidance regarding contractual and business issues, rights and obligations, and possible mitigation of contractual and programmatic risks.
• Establish and maintain effective working relationships with customers and internal partners.
• Interface with customers for correspondence, contractual changes, and contractual issues.

What You Will Learn

• Contracting with multiple Government and non-Government customers via traditional and non-traditional contract vehicles.
• Take an active role in managing contracts and engaging directly with program leadership.
• Development and Production focused contracts to meet domestic, FMS and Subcontractor requirements.
• Business management reviews with leadership support such as quarterly EAC Reviews.

Qualifications

• 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 related to contracts management, program management, business management, finance and / or supply chain processes and procurement.
• Experience with contracts, terms and conditions, RFP's, RFQ's, FAR, DFARS or similar contracts experience.
• Experience We Prefer: Wide experience in contracts negotiations, execution and administration of various contracts aspects (including price, Statements of Work, terms, etc.), and agreements such as Proprietary Information Agreements.
• Experience with Federal Acquisition Regulations (FAR) and Defense Federal Acquisition Regulation Supplemental (DFARS) requirements.
• Experience applying analysis and critical thinking for complex problem solving.
• Understanding of financial aspects of contracts and risk quantification.
• Experience with Intellectual Property, license agreements, or teaming agreement.
• Advanced Degrees related, such as MBA, JD, Law Degree, Master of Science in Finance, etc.

What We Offer

• The salary range for this role is 86,800 USD - 165,200 USD.
• Compensation; healthcare, wellness, retirement and work/life benefits; career development and recognition programs.
• Parental (including paternal) leave, flexible work schedules, achievement awards, educational assistance and child/adult backup care.
• Hired applicants may be eligible for benefits, including but not limited to, 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, and holidays.
• Specific benefits are dependent upon the specific business unit as well as whether or not the position is covered by a collective-bargaining agreement.
• Hired applicants may be eligible for annual short-term and/or long-term incentive compensation programs depending on the level of the position and whether or not it is covered by a collective-bargaining agreement.
• Payments under these annual programs are not guaranteed and are dependent upon a variety of factors including, but not limited to, individual performance, business unit performance, and/or the company’s performance.
• This role is a U.S.-based role. If the successful candidate resides in a U.S. territory, the appropriate pay structure and benefits will apply.

Remote Work

• This position is classified as Remote. This position currently is designated as remote. Employees who are working in remote roles will work primarily offsite (from home) but may be expected to travel to the site location as needed.
• The successful candidate for this role will be required to reside and work from one of the 50 U.S. states (excluding U.S. territories).

Security Clearance

This position requires a security clearance. The ability to obtain and maintain a U.S. government issued security clearance is required. U.S. citizenship is required, as only U.S. citizens are eligible for a security clearance. Security Clearance Type: DoD Clearance: Secret. Security Clearance Status: Active and existing security clearance required after day 1. DCSA Consolidated Adjudication Services (DCSA CAS), an agency of the Department of Defense, handles and adjudicates the security clearance process. More information about Security Clearances can be found on the US Department of State government website here: https://www.state.gov/m/ds/clearances/c10978.htm As part of our commitment to maintaining a secure hiring process, candidates may be asked to attend select steps of the interview process in-person at one of our office locations, regardless of whether the role is designated as on-site, hybrid or remote.

Application Window

RTX anticipates the application window closing approximately 40 days from the date the notice was posted. However, factors such as candidate flow and business necessity may require RTX to shorten or extend the application window.

Equal Opportunity Employer

RTX is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability or veteran status, or any other applicable state or federal protected class.

RTX provides affirmative action in employment for qualified Individuals with a Disability and Protected Veterans in compliance with Section 503 of the Rehabilitation Act and the Vietnam Era Veterans’ Readjustment Assistance Act.

Company Overview

RTX is an aerospace and defense company that provides advanced systems and services for commercial, military and government customers worldwide. It comprises three industry-leading businesses – Collins Aerospace, Pratt & Whitney, and Raytheon. Its 195,000 employees enable the company to operate at the edge of known science as they imagine and deliver solutions that push the boundaries in quantum physics, electric propulsion, directed energy, hypersonics, avionics and cybersecurity. The company, formed in 2020 through the combination of Raytheon Company and the United Technologies Corporation aerospace businesses, is headquartered in Arlington, Virginia.