Xcel Energy

Principal SC Capital Project Specialist

Xcel Energy$112K — $159K *
Real Estate & Construction
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Supply Chain Management, Engineering, Construction Management, Business, or related field.
  • MBA and CPSM certification strongly preferred.
  • Eight years of advanced contracting and sourcing experience required.
  • Project management experience mandatory.
  • Expertise in contract negotiation and project management skills essential.
  • Advanced knowledge in sourcing and supply chain management principles required.
  • Proficient in Microsoft Office Suite and purchasing/sourcing systems.
  • Customer-oriented with strong interpersonal, relationship, and presentation skills.

Responsibilities

  • Execute sourcing strategies for large-scale capital projects, including bidding and supplier evaluation.
  • Lead development of contract negotiation strategies for high-value procurement.
  • Manage risk mitigation and post-award contract compliance to ensure project success.
  • Create and oversee project plans integrating sourcing and business needs.
  • Enhance supplier performance and manage critical supplier relationships post-award.
  • Develop and implement capital project risk management strategies and documentation.
  • Provide coaching and support to team members in contract management and sourcing best practices.

Benefits

  • Annual Incentive Program
  • Medical/Pharmacy Plan
  • Dental and Vision Insurance
  • Life Insurance
  • Tuition reimbursement
  • Retirement plans including Pension and 401(k)
  • Paid time off including holidays and parental leave
  • Employee Assistance Program (EAP)
  • Fitness Center Reimbursement and Transportation Reimbursement Account
Full Job Description
Position Summary

Lead, develop, and execute large-scale engineering, procurement, & construction (EPC), engineered equipment, and construction services contract project sourcing strategies aligned with business stakeholder priorities. Utilize construction project contract expertise to procure construction EPC/turnkey contracts. Implement strategies to achieve project savings targets. Develop strategies and negotiate commercial terms and contracts with suppliers. Manage risk mitigation and post award contract management plans, including KPIs and supplier reviews to optimize successful project execution. Provide peer-level coaching and guidance support to other sourcing specialists upon request or as directed by manager. With leadership, activity engage in the BU project planning process to ensure timely deployment of category-level strategies and securing necessary lead time to support project directed sourcing activities.

Essential Responsibilities
  • Execute contracting and procurement strategy/tactics for large-scale capital projects, sourcing for high value, complex goods and services. Develop should cost models and project justifications. Lead the process to define technical bid requirements, specifications, and specialized terms & conditions. Execute bidding events. Lead bid evaluation teams to analyze proposals and award business. Coordinate with Category Management to leverage scale for recurring purchase opportunities and value capture.
  • Apply expert contract knowledge, diligence, and integration of all contract components to ensure efficient project delivery management. Lead the development, refinement, and application of the project delivery contracting strategy for assigned projects. Ensure contractor training and compliance with corporate policies and procedures.
  • Develop complex contract negotiation strategies and plans to facilitate negotiation of contracts representing company interests in purchases associated with large-scale capital projects. Analyze, verify, and negotiate modifications, changes, or additional work orders that were not part of the original contract or purchase scope. Resolve disputes and contract adjustments with critical suppliers and internal stakeholders.
  • With leadership, activity engage in the BU project planning process to ensure timely deployment of category-level strategies and securing necessary lead time to support project directed sourcing activities. Create and manage project plans for sourcing goods and services. Integrate sourcing and business project plans to develop enterprise-wide standardization of technology and equipment specifications. Deepen relationships with stakeholders and communicate sourcing project status. Execute post award contract management plans, including KPI development. Review with suppliers that contractor commitments and progress milestones are tracked in accordance with contractual terms & conditions and full project value is achieved.
  • Lead post award contract management plans. Manage supplier performance to ensure commitments and progress milestones are met. Collaborate with Category Managers to support project needs in alignment with category strategies. Manage critical supplier relationships.
  • Develop and lead capital project risk management strategies. Apply expert contract law knowledge to administer project contract agreements and contractual forms. Manage contract risk and assemble documentation to obtain project specific insurance. Limit company liability by ensuring proper documentation.
  • Provide peer-level coaching and provide guidance to other sourcing professionals aa they develop their contract management skills. Provide expert knowledge industry relevant advice and training to less experienced sourcing professionals through various hands-on and classroom type methods.


Minimum Requirements
  • Bachelor's degree in Supply Chain Management, Engineering, Construction Management, Business, or related technical/analytical field.
  • MBA and Certified Professional in Supply Chain Management (CPSM) or other supply chain certification strongly preferred.
  • Requires eight years of advanced contracting, sourcing, or logistics experience.
  • Project management experience required.
  • Expert contract knowledge, negotiation and project management skills required.
  • Requires advanced expertise in sourcing and supply chain management principles.
  • Proficiency in Microsoft Office Suite and significant experience with purchasing and sourcing systems is required.
  • Must be results-oriented and customer focused.
  • Strong interpersonal, relationship, and presentation skills are required.
  • Up to 20% travel; driver's license required.


Preferred Requirements
  • Demonstrate experience developing, negotiating, and administering Engineering, Procurement, and Construction (EPC) contracts for large-scale capital projects, including commercial risk allocation, pricing structures, scope management, change orders, and contract claims resolution.


Non-Bargaining

The anticipated starting base pay for this position is: $112,000.00 to $159,400.00 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: 07/26/26

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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