Senior Vice President of Procurement
16 hours ago
SOLV Energy is a leading engineering, procurement, construction (EPC) and solar services provider for utility solar, high voltage substation and energy storage markets across North America.
Job Summary:
The Senior Vice President of Procurement plays a critical role in overseeing and optimizing the procurement process within SOLV Energy.
Reporting directly to the COO, this leadership position requires a seasoned professional with extensive experience in procurement, supply chain management, and vendor relations within the renewable energy industry.
Key Responsibilities:
Strategic Procurement Planning :
Develop and implement procurement strategies aligned with the company's overall objectives and growth plans. This includes assessing current procurement processes, identifying areas for improvement, and implementing best practices to streamline operations and reduce costs.
Vendor Management :
Build and maintain strong relationships with vendors, subcontractors, and suppliers. Negotiate contracts, terms, and pricing to ensure favorable agreements that meet quality standards, cost objectives, and project timelines.
Supply Chain Optimization :
Evaluate and optimize the supply chain to minimize risks and maximize efficiency. Identify potential bottlenecks, disruptions, or opportunities for improvement in the procurement process and take proactive measures to address them.
Budgeting and Cost Control :
Work closely with finance and project management teams to develop procurement budgets, forecasts, and cost-saving initiatives. Monitor expenses, track procurement metrics, and implement cost-control measures to ensure projects remain within budgetary constraints.
Quality Assurance and Compliance :
Ensure that all procured materials, equipment, and services meet quality standards, regulatory requirements, and industry certifications. Establish quality assurance protocols, inspection procedures, and compliance checks to uphold the company's reputation for excellence.
Team Leadership and Development :
Provide strong leadership and mentorship to the procurement team, fostering a culture of accountability, collaboration, and continuous improvement. Set clear goals, provide regular feedback, and invest in professional development initiatives to empower team members and enhance their skills.
Risk Management :
Identify and mitigate potential risks associated with procurement activities, such as supply chain disruptions, vendor risk assessments, supply chain security, market fluctuations, or geopolitical issues.
Develop contingency plans, alternative sourcing strategies, and risk mitigation strategies to safeguard against unforeseen challenges.Market Insight:
Stay at the forefront of industry developments and emerging market trends, incorporating relevant innovations and technologies into company practices. Utilize market data to negotiate contracts and terms with vendors, optimizing pricing, terms, and conditions. Develop and implement procurement strategies informed by comprehensive market analysis, including tracking market indices, economic indicators, and supply chain trends.
Requirements:
Bachelor's degree in Business Administration, Supply Chain Management, Engineering, or related field (Master's degree preferred). Proven track record of leadership experience in procurement, supply chain management, or related fields, preferably within the utility-scale photovoltaic construction industry. Strong negotiation skills and ability to influence stakeholders at all levels. Deep understanding of procurement best practices, market dynamics, and regulatory requirements. Excellent analytical skills with the ability to interpret data, identify trends, and make strategic recommendations. Demonstrated ability to lead and develop high-performing teams in a fast-paced environment. Strong communication skills, both verbal and written, with the ability to effectively collaborate with cross-functional teams. Proficiency in procurement software, enterprise resource planning (ERP) systems, Microsoft Power BI and Microsoft Office Suite.
SOLV Energy is an Equal Opportunity Employer. At SOLV Energy, we celebrate the power of our differences. We are committed to building diverse, equitable, and inclusive workplaces that improve our communities. SOLV Energy prohibits discrimination and harassment of any kind against an employee or applicant based on race, color, age, religion, sex, sexual orientation, gender identity or expression, marital status, national origin, or ethnicity, mental or physical disability, veteran status, parental status, or any other characteristic protected by law.
Benefits:
Employees (and their families) are eligible for medical, dental, vision, basic life and disability insurance. Employees can enroll in our company's 401(k) plan and are provided vacation, sick and holiday pay.
Compensation Range:
$250,000.00 - $310,000.00
Pay Rate Type:
Salary
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