Principal Specialist, Procurement

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

Benefits offered by this job

Parental leave

Flexible work schedules

Educational assistance

Annual incentive programs

Employee assistance program

401(k) match

Comprehensive health benefits

Job summary

RTX is an aerospace and defense leader seeking a Subcontract Administrator to manage FFP, cost reimbursable and other subcontract types, including development/R&D efforts. You will evaluate suppliers, build partnerships, and negotiate long term Price Agreements while working with Program Office and Engineering to shape procurement strategies and SOWs.

Role requires experience with reading drawings, familiarity with FAR/DFAR, and the ability to secure export authorizations.

Qualifications

• Typically requires a Bachelor’s and a minimum of 5 years prior relevant experience, or an Advanced Degree with at least 3 years.
• Experience reading and understanding drawing specifications.
• U.S. Person or eligible for export authorizations.

Responsibilities

• Negotiate and administer multiple subcontract types, including FFP, Cost Reimbursement, and T&M.
• Evaluate, identify, and select suppliers meeting Raytheon requirements.
• Develop business partner relationships with suppliers.
• Generate and negotiate Long Term Price Agreements and related agreements.
• Collaborate with Program Office and Engineering to define procurement strategies and SOWs.
• Solicit proposals from subcontractors and perform source selection analyses.
• Monitor subcontractor performance metrics and implement corrective actions.

Skills

Subcontract management

Negotiation

Price analysis

Source selection

Supplier relations

SAP

Drawings reading

Education

Bachelor's degree

Advanced degree

Tools

SAP

Job description

What You Will Do

• Negotiate and administer multiple subcontract types, to include but not limited to, Firm Fixed Price, Cost Reimbursement, Time and Materials, as well as development/R&D efforts.
• Evaluate, identify, and select suppliers that meet Raytheon requirements.
• Develop business partner relationship with suppliers.
• Generate and negotiate Long Term Price Agreements and other related agreements.
• Work closely with Program Office representatives and Engineering to define and implement procurement strategies and develop subcontract Statements of Work.
• Solicit competitive and single/sole source proposals from prospective subcontractors, perform source selection analysis, and employ price and cost analysis techniques to make a fair and reasonable price determination.
• Monitor subcontractor performance metrics and recommend/implement corrective actions as necessary.
• Prepare subcontract documentation in accordance with established company, customer and government FAR and DFAR regulations.

Qualifications

• Typically requires a Bachelor’s and a minimum of 5 years prior relevant experience, or an Advance Degree in a related field and a minimum of 3 years experience.
• Experience with reading and understanding drawing specifications.
• U.S. Person (U.S. citizen, permanent resident, refugee or asylee) or eligible to obtain necessary export authorizations required.
• https://www.ecfr.gov/current/title-22/chapter-I/subchapter-M/part-120/subpart-C/section-120.62

We Prefer

• Experience with supplier management.
• Experience working within SAP software application.
• Experience in leading formal negotiations (price, schedule, and Experience FAR and DFAR regulations Experience making presentations (verbal and/or written) to key stakeholders Experience leading executive and program level supplier reviews.
• NCMA Certification.
• Active and transferable U.S. government issued security clearance undefined undefined

What We Offer

• Whether you’re just starting out on your career journey or are an experienced professional, we offer a total rewards package that goes above and beyond with compensation; healthcare, wellness, retirement, and work/life benefits; career development and recognition programs.
• Some of the benefits we offer include parental (including paternal) leave, flexible work schedules, achievement awards, educational assistance, and child/adult backup care.
• The salary range for this role is 86,800 USD - 165,200 USD.
• 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.

Additional Information

• Remote: Employees who are working in Remote roles will work primarily offsite (from home). An employee may be expected to travel to the site location as needed.
• Travel: Employees may be required (20%) to travel to support Supplier and/or Program Reviews.
• 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.
• 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.

Our Values

• Safety, Trust, Respect, Accountability, Collaboration, and Innovation.

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 Systems, Pratt & Whitney, and Raytheon. Its 185,000 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, VA.

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.