Procurement Manager
Hybrid position located in McKinney, TX. U.S. Person status required (U.S. citizen, permanent resident, refugee, or asylee).
About the role
Raytheon is seeking a Management & Sourcing professional to join the Engineered Items procurement acquisition team. This role will manage medium and high complexity Engineered Items procurements, serving as the focal point interface between Raytheon Programs and suppliers. The position is hybrid and can be filled in various Raytheon hub locations.
Responsibilities
- Lead supplier interaction and collaborate with internal cross-functional teams to manage procurements, including build-to-print, performance specifications, and Supplier Statements of Work (SSOWs) with medium/high complexity.
- Select qualified suppliers and seek alternate suppliers when applicable.
- Develop and manage RFIs and RFQs.
- Prepare purchase orders (POs) and PO documentation in accordance with company directives, prime contract flow-downs, and work instructions.
- Post-award management of POs in compliance with company directives and work instructions.
- Manage suppliers to meet program requirements for quality and delivery.
- Prepare and execute various types of agreements, such as PIAs, Long Term Agreements, and Bailment.
- Minimal travel required.
Requirements
- Bachelor’s degree with a minimum of 8 years of prior relevant experience, or an advanced degree in a related field with a minimum of 5 years of experience.
- Experience with DoD procurement/subcontract compliance, including Public Laws, Policies, Federal Acquisition Regulations (FAR/DFAR), ITAR, and import/export requirements.
- Experience leading formal negotiations (price, schedule, supplier exceptions to contractual flow-downs, and standard Terms and Conditions).
- Experience with supplier management.
- U.S. Person status (U.S. citizen, permanent resident, refugee, or asylee) or eligibility to obtain necessary export authorizations.
Preferred Qualifications
- Experience with SAP and Microsoft Office Suite.
- Prior experience with multiple subcontract types, including Firm Fixed Price (FFP), Time and Material (T&M), Cost Plus Fixed Fee (CPFF), and Cost Plus Incentive Fee (CPIF).
- Experience reading and understanding drawings, specifications, and complex SOWs.
- Experience evaluating supplier proposals, analyzing cost/price, technical capability, and financial viability.
- Knowledge of EXIM procurements and related rules and regulations.
- Experience with import/export regulations (ITAR/EAR).
Benefits
- Medical, dental, and vision insurance.
- Life insurance, short-term disability, and 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.
- Eligibility for annual short-term and/or long-term incentive compensation programs (dependent on role level and collective-bargaining agreements).
Pay
The salary range for this role is $107,500 – $204,500 USD. The range is a good faith estimate representative of all experience levels. RTX considers several factors when extending an offer, including role, function, responsibilities, work experience, location, education/training, and key skills.