[Hiring] Principal Procurement Specialist @RTX

Role Description

As a Principal Specialist in Procurement, you will play a key role in managing procurement activities to support program objectives, ensure compliance, and drive value for the organization. You will collaborate with cross-functional teams and suppliers to develop and implement procurement strategies that align with business needs. Core responsibilities include:

• Negotiate and administer various subcontract types, including Firm Fixed Price, Cost Reimbursement, and Time and Materials, for both production and R&D efforts.
• Collaborate with material program management and engineering teams to define and execute procurement strategies.
• Monitor subcontractor performance metrics and recommend or implement corrective actions as needed.
• Prepare and manage subcontract documentation in compliance with company policies, FAR, and DFAR regulations.
• Analyze complex supply chain challenges and develop solutions that align with organizational objectives.
• Plan and execute assigned procurement tasks independently, ensuring timely delivery of program requirements.
• Serve as a key point of contact for internal and external stakeholders, collaborating with senior personnel on cross-functional initiatives.
• Utilize ERP systems and standard supply chain processes to manage procurement execution and drive material outcomes.
• Conduct price analyses, support cost analyses, develop negotiation strategies, and lead negotiations to achieve best value outcomes for goods and services.
• Source, negotiate, award, and document purchases for materials, services, and supplies.
• Interface with Integrated Product Teams (IPTs) to address technical and program challenges, providing procurement solutions for "buy" technologies.

Qualifications

• Typically requires a Bachelor’s degree and a minimum of 5 years of relevant experience, or an advanced degree in a related field and a minimum of 3 years of experience.
• Experience with FAR and DFAR regulations.
• U.S. Person (U.S. citizen, permanent resident, refugee or asylee) or eligible to obtain necessary export authorizations required.

Requirements

• Experience reading and understanding drawing specifications.
• Experience in cost and price analysis, including developing negotiation strategies and leading formal negotiations.
• Experience with supplier management.
• Experience working within SAP software applications.
• Experience leading executive and program-level supplier reviews.
• Experience making presentations (verbal and/or written) to key stakeholders.

Benefits

• 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.