Principal Procurement Specialist

Principal Procurement SpecialistRaytheon is seeking an experienced Procurement professional to join our Operations and Supply Chain (OSC) organization, Advanced Production Solutions (APS) Sub-Business Unit. This role will operate as the focal point of interface between Raytheon Programs and suppliers managing medium and high complexity procurements. You will be responsible for developing sourcing and negotiation strategies with key suppliers, develop a portfolio of subcontracts and procurement activities. You will ensure all purchases orders (PO) and agreements are executed in full compliance to the FAR, DFARs, and company policies & procedures. You will represent the Supply Chain organization at various levels of functional and cross functional teams; manage and build relationships with suppliers to ensure supplier performance will be in alignment with program execution and business priorities.This role can be filled in a variety of Raytheon hub locations and is remote work-from-home.What You Will Do:Develop business partner relationships with suppliers as well as internal stakeholders. Lead procurement activities and be the focal point for supplier performance.Lead Supplier interaction and collaboration with internal cross-functional teams to manage a variety of procurements including but not limited to build-to-print, performance specifications, Supplier Statements of Work (SSOWs), with medium/high complexity.Participate in capture/proposal efforts, review adequacy of requirements flow-down, generate RFI/RFQ/RFPs, and lead Best Value Source Selection and down select activities.Perform Price and/or Cost Analysis in compliance with FAR and DFARS requirement.Develop negotiation strategy and lead multi-functional negotiation teams; negotiate price, schedule, and Terms & Conditions with suppliers/subcontractors.Prepare purchase order documentation in compliance with FAR and DFARs regulations, prime flow downs, company policies, procedures, and command media.Execute and manage various types of contractual activities / agreements, such as PIA, Letter Subcontracts, Long Term Agreement, Bailment, etc.Post award PO / Supplier management to ensure meeting program requirements (quality, schedule, financial, etc.).Communicate clearly and effectively, be proactive in a very fast paced environment; flexible, creative thinking, work with speed and agility while ensuring compliance to company and government requirements.Minimal travel as needed.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 DoD procurement/subcontract compliance with Public Laws, Policies, Federal Acquisition Regulations (FAR/DFAR), and ITAR and import/export requirementsU.S. Person (U.S. citizen, permanent resident, refugee or asylee) or eligible to obtain necessary export authorizations required.Qualifications We Prefer:Experience in leading formal negotiations (price, schedule, and supplier exceptions to contractual flow-down requirements, as well as standard Terms and Conditions)Experience with NDA/PIAs, RFx, and Purchase Orders activities. Review proposals from prospective suppliers and analyze cost/price, technical capability, and financial viability, conduct investigations to ensure ability to perform within cost and schedule.The ability to perform duties with minimal oversight; ability to work effectively in a fast paced and high-volume environment to meet business commitment.Strong communication skills with demonstrated ability to influence across a matrix organization.Experience with supplier management.Experience with SAP and Microsoft Office Suite of ProductsPrior experience with multiple subcontract types including but not limited to Firm Fixed Price (FFP), Time and Material (T&M), Cost Plus Fixed Fee (CPFF), Cost Plus Incentive Fee (CPIF)Experience with reading and understanding drawings, specifications and other engineering documents including complex SOWsKnowledge of EXIM procurements and all the rules and regulations involved in those situationsExperience with import/export regulations (ITAR/EAR)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 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.