The Senior Principal Procurement Specialist manages and oversees procurement activities, ensuring compliance with policies and procedures while leading the procurement group and liaising with vendors and internal teams.
Job Overview:
The Senior Principal Procurement Specialist is tasked with solving unique and complex problems that have a broad impact on the business. They must proactively identify and solve the most complex problems that impact the management and direction of the business. They are considered a specialist in the field of Procurement, and they offer a broad base of knowledge about the Supply Chain function. They impact the direction and resource allocation of programs and projects in their discipline and work within general functional policies and industry guidelines. The Senior Principal Procurement Specialist role requires conceptual and innovative thinking to develop creative solutions to Procurement challenges.
ResponsibilitiesKey Tasks and Responsibilities:
- Plan, organize, and manage the procurement of materials, equipment, and services required for projects per company and client requirements; in compliance with established company policies and procedures
- Interface with the procurement function and other McDermott departments for all matters related to the procurement of material for projects
- Work closely with PPMs
- Oversee all procurement activities associated with the effective procurement of project materials, equipment, and services scopes per Project or end-user schedules, specifications, and budgets
- Implement the Project Procurement Execution Strategy applicable to each project
- Manage the Project Procurement group to undertake RFQs, commercial evaluations, and PO award
- Resolve all commercial and Terms and Conditions criteria and issues related to RFQs and PO’s
- Monitor all project procurement-related activities and performance, providing direction and support needed to team members, to ensure the successful delivery of project requirements
- Liaise with vendors, coordinate and assume lead participation in vendor commercial clarification meetings and/or conference calls, and act as the company focal point on commercial discussions with vendors during the preorder stage, i.e., from RFQ to PO award for projects procurement
- Liaise with individual Project Procurement Managers/Coordinators on all procurement matters related to the execution of the Project Procurement Strategy and the effective award of PO’s for Project materials, equipment & services scope
- Liaise with Engineering and QC on technical matters related to an RFQ and/or PO in the pre-award stage
- Liaise with Legal to resolve vendor T&Cs and Accounts Payable to resolve vendor payment issues
- Monitor and review market conditions and report price and delivery trends for Project materials and equipment
- Ensure conformance with the company policies and Procurement procedures by the Project Procurement group and contribute to continuous improvement of procurement work methodologies and processes
- Supervise, train, and coordinate the activities of buyers and supporting staff and provide continuous support to staff in their undertaking of all tasks and activities
- Undertake regular staff performance reviews
- Provide procurement reports as necessary and undertake tasks, activities, and assignments at the direction of the management
Essential Qualifications and Education:
- Bachelor’s Degree (or equivalent) in Supply Chain Management (or a relevant discipline) or HSD/GED/IGCSE with 15 years of relevant experience
- 10-16 years of relevant experience
- Familiar with procurement procedures, standards, and codes
- Highly analytical and capable of mapping processes to determine areas for improvement
- Must be able to quickly learn complex software and be able to teach others
- Must be capable of handling a diverse workload and multiple tasks with accuracy under minimal supervision
- Work well with others and understands the value of teamwork
- Must be intrinsically motivated to succeed and have a high desire for achievement
- Procurement experience in “lump-sum” business
- International experience and cultural sensitivity
- Good communicator with excellent presentation skills to flow goals and directives
- Prefer lump sum turnkey and modular experience
- Prefer SPM, JDE E1, ERP, Oracle experience
- Strong proficiency with the entire Microsoft Office Suite
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