Xcel Energy

Manager, Capital Projects Sourcing

Xcel Energy$129K — $183K *
Energy & Utilities
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Supply Chain Management, Engineering, Construction Management, Business, or equivalent experience.
  • MBA highly desired; CPSM or other professional certifications preferred.
  • Ten years' experience managing supply chain for major capital projects.
  • Two years' experience managing professional staff.
  • Extensive expertise in major construction contracts and negotiation.
  • Strong leadership skills and ability to influence in a cross-functional environment.
  • Excellent written and verbal communication and project management skills.

Responsibilities

  • Develop and execute supply chain strategies for capital projects.
  • Administer commercial terms and conditions of contracts.
  • Track contractor commitments and progress against contractual terms.
  • Manage risks and ensure compliance in contractor mobilization and completion.
  • Lead strategic negotiations to protect company interests in contracts.
  • Collaborate with Category Management on leveraging strategies for projects.
  • Establish metrics for evaluating contracting strategies and continuous improvement.

Benefits

  • Annual Incentive Program
  • Medical/Pharmacy Plan, Dental, Vision
  • Life Insurance and various reimbursement accounts
  • Short-term disability and long-term disability
  • Tuition reimbursement and employee recognition program
  • Pension and 401(k) plan
  • Paid time off (PTO) and holidays, including Volunteer Paid Time Off (VPTO).
Full Job Description
Position Summary

Develop and manage execution of engineering, procurement, & construction (EPC) projects, engineered equipment and construction services contract sourcing strategies aligned with business priorities. Provide project justifications for capital project proposals using should cost modeling. Lead creation and implementation of strategies to achieve project savings targets. Direct post-award contract management plans, including KPI development with suppliers. Lead project supply risk management strategy and ensure plans for claims and dispute resolution. Act as liaison between Capital Project teams and other departments (Legal, Category Management, Tax, Risk, Audit, etc.). Manage supplier qualification, request for proposal, proposal evaluation, contract negotiation, supplier selection, and contract award compliance for capital projects.

Essential Responsibilities
  • Develop and manage enterprise-wide supply chain strategy/tactics to acquire equipment and services for capital projects. Manage EPC projects, engineered equipment, and construction services contracts. Lead project commercial services standardization, contract development/administration, requests for proposals, bid specifications, and specialized terms & conditions. Manage acquisition of construction, other services, and major equipment for successful development, obtainment, analysis, negotiation, and award of contracts. Collaborate with business stakeholders to achieve value capture.
  • Administer standard commercial terms and conditions of contract issued by Legal and Supply Chain Sourcing. Develop specialty contract formats and terms and conditions templates for engineering, procurement, construction (EPC), engineered equipment and construction services. Furnish and install contracts, storage site facility leases and equipment rental agreements.
  • Manage a process to track that contractor commitments, progress milestones, and payments are made in accordance with contractual terms & conditions and that full earned value to the project is achieved.
  • Manage Xcel Energy's risks by ensuring documents/notices required for contractor mobilization (Proof of Insurance, Performance & Payment Bonds, Letters of Credit, Parental Guarantees, etc.), job progress (permits, etc.), and contract completion (lien waivers, as built drawings, etc.) are obtained and meet the contract requirements.
  • Lead strategic negotiations for Xcel Energy's interests in capital construction contracts and large complex equipment purchases for capital projects. Manage change order process and establish contractor claims resolution process to minimize overall impact to the project budget and schedule.
  • Ensure collaboration with Category Management for opportunities that leverage category strategies.
  • Establish and manage metrics to evaluate the effectiveness of capital projects' contracting strategies related to project cost and schedule targets. Develop and roll-out a process for compiling/publishing performance metrics and utilize the data to formulate lessons learned, facilitate continuous improvement in sourcing strategies, and share best practices.


Minimum Requirements
  • Bachelor's degree in Supply Chain Management, Engineering, Construction Management, Business, related field, or equivalent combination of education and experience.
  • MBA highly desired and Certified Professional in Supply Chain Management (CPSM) or other professional certifications are strongly preferred.
  • Ten years' experience managing supply chain for major capital projects.
  • Two years' experience managing professional staff.
  • Demonstrated leadership capabilities, ability to influence others in a cross-functional environment, and proven results necessary.
  • Extensive expertise in all elements of major construction contracts and negotiation required.
  • Excellent written and verbal communication, project management, and interpersonal skills.
  • Experience in managing multiple teams across multiple construction projects desired.
  • 20% travel; driver's license required.


Preferred Requirements
  • Experience with Power Generation Construction commercial strategies and contracts


Non-Bargaining

The anticipated starting base pay for this position is: $129,000.00 to $183,000.00 per year

This position is eligible for the following benefits: Annual Incentive Program, Medical/Pharmacy Plan, Dental, Vision, Life Insurance, Dependent Care Reimbursement Account, Health Care Reimbursement Account, Health Savings Account (HSA) (if enrolled in eligible health plan), Limited-Purpose FSA (if enrolled in eligible health plan and HSA), Transportation Reimbursement Account, Short-term disability (STD), Long-term disability (LTD), Employee Assistance Program (EAP), Fitness Center Reimbursement (if enrolled in eligible health plan), Tuition reimbursement, Transit programs, Employee recognition program, Pension, 401(k) plan, Paid time off (PTO), Holidays, Volunteer Paid Time Off (VPTO), Parental Leave

Benefit plans are subject to change and Xcel Energy has the right to end, suspend, or amend any of its plans, at any time, in whole or in part.

In any materials you submit, you may redact or remove age-identifying information including but not limited to dates of school attendance and graduation. You will not be penalized for redacting or removing this information.

Deadline to Apply: 07/28/26

All Xcel Energy employees and contractors share responsibility for protecting the company's information and systems by adhering to cybersecurity policies, standards, and best practices, recognizing that cybersecurity is everyone's responsibility.

ACCESSIBILITY STATEMENT

Xcel Energy endeavors to make https://www.xcelenergy.com/ accessible to any and all users. If you would like to contact us regarding the accessibility of our website or need assistance completing the application process, please contact Xcel Energy Talent Acquisition at [email protected]. This contact information is for accommodation requests only and cannot be used to inquire about the status of applications.

About Xcel Energy

Xcel Energy Careers

Join the dynamic team at Xcel Energy, where innovation meets expertise in the pursuit of sustainable energy solutions. As a leading energy company, Xcel Energy offers unparalleled job opportunities that empower professionals to advance their careers while contributing to environmental stewardship.

Work You’ll Do

At Xcel Energy, you’ll collaborate with skilled professionals dedicated to pioneering advancements in the energy sector. Our team is at the forefront of developing sustainable energy technologies that revolutionize how people consume energy. By joining us, you will be part of a culture that values diversity, leadership, and professional growth.

Innovate and Lead

Step into a role where your skills will directly enhance our capabilities in delivering reliable and sustainable energy. Xcel Energy is a hub for innovation, where your ideas can lead to groundbreaking solutions that shape the future of energy. Our leadership is committed to fostering an environment where creativity and strategic thinking are at the core of our operations.

Career Development

Xcel Energy is deeply invested in the professional development of its team members. With a variety of career paths available, from engineering to customer service, your journey with us is filled with endless possibilities. We support your growth with robust training programs, leadership development opportunities, and diversity training that prepare you for success.

Join Our Team

Explore the numerous employment opportunities at Xcel Energy, from entry-level positions to senior roles. We are hiring individuals who are passionate about making a difference and ready to contribute their expertise to our mission of delivering safe, clean, and reliable energy.

Internship Programs

Kickstart your career with an internship at Xcel Energy. Our internships provide hands-on experience in real-world projects that matter. You’ll gain invaluable insights into the energy sector while developing essential skills that will enhance your resume and increase your marketability.

Benefits and Culture

Xcel Energy is not just about work; we care about our employees' well-being. We offer competitive benefits, including health care, retirement plans, and wellness programs, designed to keep you at your best. Our inclusive culture encourages collaboration and offers networking opportunities that foster connections and professional growth.

Stay Connected

Keep up to date with the latest at Xcel Energy: - **Search Xcel Energy Jobs**: Find positions that match your skills and interests. We look for driven, curious, and innovative team players. - **Read Careers Blog**: Stay ahead with career tips, insider perspectives, and industry-leading insights you can put to use today—all from the people who work here. - **Job Alert Emails**: Personalize your subscription to receive job alerts, latest news, and insider tips tailored to your preferences. Discover the exciting and rewarding opportunities that await at Xcel Energy. Join Xcel Energy today and be part of a team that is dedicated to building a sustainable future. Your career at Xcel Energy is not just a job; it’s an opportunity to excel in an environment that appreciates your contribution and supports your professional growth.
Learn more about Xcel Energy
Size
11,321 employees
Market Cap
$38.6 billion
Industry
Net Income
$1.4 billion
Founded
2000
5 Year Trend
+3.9%
Revenue
$11.5 billion
NASDAQ

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