Principal Specialist, Procurement

RTX Corporation; Phoenix (AZ); Hybrid; USD 87,000 - 165,000; Full time

Benefits offered by this job

Healthcare

Parental leave

Flexible schedules

Educational assistance

Backup care

Job summary

RTX Corporation, a leading aerospace and defense company, is seeking a Subcontract Specialist to negotiate and administer subcontracts, develop procurement strategies with Program Office and Engineering, and manage source selections in compliance with FAR/DFAR.

The role requires a Bachelor’s degree with 5+ years of relevant experience (or an advanced degree with 3+ years), U.S. person eligibility, and SAP experience. Remote/hybrid options may apply; location is in Phoenix, AZ.

Qualifications

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

Responsibilities

• Negotiate and administer multiple subcontract types (Firm Fixed Price, Cost Reimbursement, Time and Materials) including development/R&D efforts.
• Evaluate, identify, and select suppliers meeting Raytheon requirements; develop supplier relationships.
• Generate and negotiate Long Term Price Agreements and related agreements.
• Work with Program Office and Engineering to define procurement strategies and develop subcontract Statements of Work.
• Solicit competitive and sole-source proposals; perform source selection and price analysis to determine fair and reasonable price.
• Monitor subcontractor performance metrics and prepare documentation per FAR/DFAR regulations.

Skills

Negotiation

Supplier management

Presentations to stakeholders

Communication

Reading drawing specifications

Education

Bachelor’s degree

Advanced degree

Tools

SAP

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.

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 You Must Have:

• 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

Qualifications 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
• undefinedWhat 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. 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.
  • healthcare, wellness, retirement, and work/life benefits
  • career development and recognition programs
  • parental (including paternal) leave
  • flexible work schedules
  • achievement awards
  • educational assistance
  • child/adult backup care

What We Offer

Our values drive our actions, behaviors, and performance with a vision for a safer, more connected world. At RTX we value: Safety, Trust, Respect, Accountability, Collaboration, and Innovation.

Remote: Employees who are working in Remote roles will work primarily offsite (from home). If you live within a reasonable commute of an RTX site with other colleagues you interact with, your manager will discuss whether there is a degree of onsite presence associated with this role.

Candidates will learn more about role type and current site status throughout the recruiting process. For onsite and hybrid roles, commuting to and from the assigned site is the employee’s personal responsibility.

RTX Corporation 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.

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.

The salary range for this role is 86,800 USD - 165,200 USD. The salary range provided is a good faith estimate representative of all experience levels. RTX considers several factors when extending an offer, including but not limited to, the role, function and associated responsibilities, a candidate’s work experience, location, education/training, and key skills.

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.

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.

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.