Senior Manager – Engineering Software Strategic Sourcing

3 months ago


Farmington, United States Raytheon Technologies Full time

Date Posted:

2024-07-29

Country:

United States of America

Location:

UT6: 4 Farm Springs 4 Farm Springs Road, Farmington, CT, 06032 USA

Position Role Type:

Remote

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.

To realize our full potential, RTX is committed to creating a company where all employees are respected, valued and supported in the pursuit of their goals. We know companies that embrace diversity in all its forms not only deliver stronger business results, but also become a force for good, fueling stronger business performance and greater opportunity for employees, partners, investors and communities to succeed. 

The following position is to join our RTX Corporate, Enterprise Services, Research Center or BBN team:

What You Will Learn

This role is responsible for integrating all aspects of Engineering Software (SW) functions into Enterprise Services (ES) Strategy and Transformation Initiatives through collaborating and partnering with suppliers, ES leaders, and functional service owners. A key component of the role is to develop supplier capabilities, partnerships and category strategies for internal use requirements.

The ideal candidate will draw from past experience with various Engineering software technologies and can assist with translating this knowledge via contract negotiations and project management skills to lead the coordination, communication and integration of suppliers to support the achievement of technical, financial and performance objectives. This individual will have an understanding of supplier products and develop various strategies to drive year on year cost savings to help RTX meet its bottom line. 

An understanding of the end-to-end procurement process, from contract negotiations to requisition and PO placement is needed for this role. The successful candidate will have excellent communication and presentation skills, with ability to develop effective presentations and present to leadership and peers.

Specific responsibilities will include but not limited to:

Strategy Development & Negotiation: Build a strategy, lead and manage negotiations for Engineering Software (SW) contracts to ensure favorable terms and conditions to the achievement of technical, financial and performance objectives for RTX

Supplier Examples: Siemens, PTC, Ansys and Mathworks

License Types: Experience with various forms of SW licensing methodologies and complex pricing analysis

Contract Review & Drafting:  Review, draft, and revise a variety of contracts including software licenses and master agreements

Collaboration : Work closely with internal stakeholders including partnership peers, legal, finance, cyber to align contract terms with company objectives

Vendor Management : Manage relationship with suppliers ensuring adherence to agreed terms, quality, and opportunity development

Establish supplier engagement plans and enforce overall governance within portfolio

Develop and manage an integrated master schedule of engagements, renewals, RFQs, etc.

Facilitate supplier performance reviews, benchmarks & reporting

Risk Management: Identify and mitigate potential risks in contracts, ensuring compliance with legal and regulatory requirements.

Supports the investigation, negotiation and favorable resolution of disputes with suppliers

Managing Software audits

Documentation: Maintain organized and accurate records of all contract negotiations, drafts and final agreements

Market Analysis: Stay informed of industry trends, regulatory changes, and best practices in software contracting

Continuous Improvement: Recommend and implement process improvements in deal tracking (savings, risk, metrics) and contract management to enhance efficiency and effectiveness

Qualifications You Must Have

Candidates for this role should possess a Bachelors Degree with an MBA preferred

Minimum 10 years Sourcing and Procurement Management with at least 5 years in Digital Preferred

Excellent negotiation, communication and interpersonal skills

Ability to manage multiple priorities and meet deadlines in a fast-paced environment

In-depth understanding of various types of software licensing models for Engineering Software

Strong background in negotiating software/SaaS contracts to drive year on year cost savings to help RTX meet its bottom line

Ability to proactively identify and resolve problems efficiently and effectively

Understand and perform contract redlines

Business acumen to connect technical requirements and concerns to contract performance

A deep understanding of the end-to-end procurement process

Demonstrated ability to understand financial information, budgets and program performance and develop strategies and business cases to improve performance in these areas

Strong working skillset with Microsoft Suite of Products including Excel, Word and Teams

U.S. citizenship is required, as only U.S. citizens are authorized to access the financial management system due to government contractual requirements

Excellent, communication and presentation skills and demonstrated business results working internally with internal functional service owners in addition to external suppliers

Qualifications We Prefer

Strong project management skills and ability to convert requirements into executable strategies, and ability to develop and manage an integrated master schedule

Ability to effectively work with and communicate with all levels of management and individual contributors on the program team

Ability to develop effective presentations and documents used for leadership reviews

Location:

Farmington, CT

Dallas, TX

Arlington, VA

What We Offer: Whether you’re just starting out on your career journey or are an experienced professional, we offer a robust total rewards package 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.

#reempowerprogram

This role is also eligible for the Re-Empower Program. The Re-Empower Program helps support talented and committed professionals as they rebuild their capabilities, enhance leadership skills, and continue their professional journey. Over the course of the 14-week program, experienced professionals will gain paid, on-the-job experience, have an opportunity to participate in sessions with leadership, develop personalized plans for success and receive coaching to guide their return-to-work experience. Upon completion of the program, based on performance and contributions participants will be eligible for a career at RTX.

Minimum Program Qualifications

To qualify for the RTX Re-Empower Program, candidates should:

Be on a career break of one or more year at time of application Have prior experience in functional area of interest Have interest in returning in either a full-time or part-time position The salary range for this role is 118,000 USD - 246,000 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.

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