Principal Specialist, Procurement

RTX (Raytheon); United States; On-site; USD 85,000 - 115,000; Full time

Benefits offered by this job

Healthcare

Retirement plan

Parental leave

Flexible schedules

Educational assistance

Travel opportunities

Job summary

RTX seeks a skilled Subcontract Administrator to negotiate and manage a variety of subcontract types and supplier relationships across programs. You will develop pricing agreements, and coordinate with Program Office and Engineering to align strategies with requirements and SOWs.

The role requires reading drawings, a Bachelor's degree (or advanced equivalent) with years of procurement experience, and eligibility for export controls. A U.S. government clearance is preferred.

Qualifications

• Bachelor's degree with 5+ years of relevant experience or advanced degree with 3+ years.
• Experience reading and understanding drawing specifications.
• U.S. Person or eligible for export authorizations per regulations.

Responsibilities

• Negotiate and administer multiple subcontract types (Firm Fixed Price, Cost Reimbursement, Time and Materials, R&D).
• Evaluate, identify, and select suppliers meeting Raytheon requirements; develop supplier relationships.
• Generate and negotiate Long Term Price Agreements and related documents.
• Coordinate with Program Office and Engineering to define procurement strategies and develop subcontract SOWs; solicit proposals and perform source selection and cost analysis.
• Monitor subcontractor performance and prepare documentation per FAR/DFAR regulations.

Skills

Negotiation

Supplier management

SAP

Price analysis

FAR/DFAR

Education

Bachelor's degree

NCMA Certification

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

What We Offer

• Compensation
• 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.

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.

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.

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 quan