Rio Tinto

Procurement Specialist, CAPEX

Rio Tinto$100K — $120K *
Energy & Utilities
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Business, Supply Chain, Engineering, Project Management, or related discipline
  • Minimum of 10 years of relevant experience in procurement or project management
  • Experience in sourcing and contracting for large or complex projects
  • Strong negotiation, analytical, problem-solving, and commercial acumen
  • Excellent verbal and written communication skills
  • Proven ability to work independently and collaboratively in a fast-paced environment

Responsibilities

  • Prepare and manage competitive sourcing events and bid evaluations
  • Lead supplier negotiations on pricing and contract terms
  • Identify opportunities for cost savings and spend optimization
  • Negotiate and implement supplier contracts and service agreements
  • Lead complex sourcing and negotiation activities independently
  • Collaborate with stakeholders to align procurement with project objectives
  • Enhance procurement processes and supplier engagement practices

Benefits

  • Safety-first work environment
  • Career development and education assistance
  • Access to family-friendly health and medical programs
  • Attractive share ownership plan
  • Leave for all life reasons
  • Exclusive employee discounts
Full Job Description
Procurement Specialist, CAPEX
  • Be part of a group that is safety driven and values inclusion
  • Grow your career in a global mining organization
  • Based in Labrador City, NL


About the role

We are looking for a Procurement Specialist, CAPEX to join the Iron Ore Company of Canada (IOC) Procurement team. This is an exciting opportunity to play a key role in managing procurement activities for large capital projects while partnering with stakeholders across the business to deliver value, drive efficiency, and support strategic sourcing initiatives.

Reporting to the Procurement CAPEX Lead, you will lead end-to-end sourcing and contracting activities for capital projects, engage with major suppliers, and contribute to the continuous improvement of procurement practices and supplier relationships.

What you'll be doing
  • Prepare and manage competitive sourcing events, including bid package development, bid evaluations, commercial analysis, and award recommendations.
  • Lead supplier negotiations related to pricing, commercial terms, scope clarifications, contract conditions, and value improvement opportunities.
  • Identify and deliver opportunities for cost savings, spend optimization, demand management, strategic sourcing, and continuous improvement.
  • Negotiate, develop, and implement supplier contracts and master service agreements.
  • Independently lead complex and high-value sourcing and negotiation activities.
  • Collaborate with cross-functional stakeholders to align procurement activities with business needs and project objectives.
  • Contribute to the enhancement of procurement processes, tools, templates, supplier engagement practices, and stakeholder experience.


What you'll bring

Required
  • Bachelor's degree in Business, Supply Chain, Engineering, Project Management, or a related discipline.
  • Minimum of 10 years of relevant experience in procurement, project management, technical, or related commercial environments.
  • Demonstrated experience managing sourcing and contracting activities for large or complex projects.
  • Strong negotiation, analytical, problem-solving, and commercial acumen.
  • Excellent verbal and written communication skills.
  • Proven ability to work independently and collaboratively in a fast-paced environment.

Assets
  • Experience with SAP, Ariba, and Power BI.
  • Professional procurement designation (SCMP, CPSM, MCIPS, or equivalent).
  • Bilingualism (English and French).


What we offer

Be recognized for your contribution, your thinking and your hard work, and go home knowing you've helped the world progress.
  • A work environment where safety is always the number one priority
  • Career development & education assistance to further your technical or leadership ambitions
  • A competitive base salary reflective of your skills and experience with annual incentive program
  • Ongoing access to family-friendly health and medical programs, pension and savings plans
  • Attractive share ownership plan
  • Leave for all of life's reasons (vacation/annual, paid parental, sick leave)
  • Exclusive employee discounts


Where you'll be working

We are a leading North American producer and exporter of premium iron ore pellets and high-grade concentrate with average iron grades greater than 66%. With a team of over 2,700 employees, IOC is committed to providing value and continuity for our customers, employees, communities and shareholders through our unique mine to port approach, taking advantage of our full integration and wholly owned infrastructure to deliver our high-quality concentrate and pellets to our customers across the globe.

IOC's operations include a mine with five operational pits, a concentrator and a pelletizing plant located near Labrador City in the province of Newfoundland and Labrador. We also operate a wholly-owned 418 km railway, the Quebec North Shore and Labrador Railway (QNS&L), that links our Labrador operations to Company-owned port facilities in Sept-Iles.

About Rio Tinto

Rio Tinto Group is a British-Australian multinational mining and metals corporation. The company was founded in 1873 and is headquartered in London, England. Rio Tinto operates in over 35 countries and is one of the largest mining companies in the world. The company produces a wide range of commodities, including aluminum, copper, diamonds, gold, iron ore, and uranium. Rio Tinto is committed to sustainable mining practices and has been recognized for its efforts in this area. The company is listed on the London Stock Exchange and the Australian Securities Exchange.
Learn more about Rio Tinto
Size
49,000 employees
Market Cap
$116.2 billion
Industry
Net Income
$9.7 billion
5 Year Trend
+13.5%
Revenue
$44.6 billion
NASDAQ

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