McDermott International

Principal Procurement Specialist

McDermott International$100K — $130K *
Business Services
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree in Supply Chain Management or equivalent experience (10 years)
  • 8-12 years of relevant procurement experience
  • Professional Procurement qualification required
  • Strong analytical skills with keen attention to detail
  • Proficient in MS Office, especially Excel
  • Experience with database query or programming languages (e.g., SQL)
  • Proficient in data visualization tools like Power BI or Tableau
  • Excellent verbal and written communication skills

Responsibilities

  • Plan, organize, and manage procurement of materials and services for projects
  • Interface with procurement and other departments for project-related materials
  • Collaborate closely with Project Procurement Managers
  • Oversee procurement activities to meet project schedules and budgets
  • Implement Project Procurement Execution Strategy for each project
  • Manage RFQs, commercial evaluations, and the award of purchase orders
  • Resolve commercial issues related to RFQs and purchase orders
  • Monitor project procurement activities, providing direction and support to the team
  • Lead vendor discussions and clarify commercial terms during pre-award phase
  • Coordinate with engineering, legal, and accounts payable for technical and contract issues
  • Monitor market conditions and report trends for project materials
  • Ensure compliance with company procurement policies and contribute to process improvements
  • Supervise and train procurement staff, conducting performance reviews

Benefits

  • Comprehensive health and wellness benefits
  • Opportunities for professional development and training
  • Flexible working arrangements
  • Employee engagement initiatives and events
  • Support for continuous learning and career advancement
Full Job Description
Job Description

Job Overview:

The Principal Procurement Specialist is responsible for interpreting internal or external business issues and recommending best practices. They will be tasked with solving complex Procurement-related problems and will work independently with minimal guidance. The Principal Procurement Specialist may be responsible for leading functional teams or projects and is regarded as a specialist in Procurement. As such, they must have in-depth expertise in Procurement as well as broad knowledge of the Procurement discipline within the Supply Chain function.

Responsibilities

Key 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


Qualifications

Essential Qualifications and Education:
  • Bachelor's Degree (or equivalent) in Supply Chain Management (or a relevant discipline) or HSD/GED/IGCSE with 10 years of relevant experience
  • 8-12 years of relevant experience
  • Professional Procurement qualification
  • Strong analytical skills with the ability to collect, organize, analyze, and disseminate information with attention to detail and accuracy
  • Proficient in MS Office suite applications, preferably with intermediate MS Excel skills
  • Experience in a database query or programming languages (e.g., SQL)
  • Experience in data visualization using Power BI, Tableau, or similar dashboarding application
  • Strong verbal and written communication skills

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About McDermott International

McDermott International, Inc. is a premier, fully integrated provider of technology, engineering and construction solutions to the energy industry. For more than a century, customers have trusted McDermott to design and build end-to-end infrastructure and technology solutions?from the wellhead to the storage tank?to transport and transform oil and gas into the products the world needs today. Our proprietary technologies, integrated expertise and comprehensive solutions deliver certainty, innovation and added value to energy projects around the world. Customers rely on McDermott to deliver certainty to the most complex projects, from concept to commissioning. Learn more at www.mcdermott.com.
Learn more about McDermott International
Size
100 employees
Industry
NASDAQ

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