Arconic is currently seeking a Capital Procurement Specialist to lead all assigned project spends and Capital Expenditures within the Capital Procurement function. Reporting to the Director of Global Capital Procurement, this individual would be responsible for the lifecycle of procured project/capital investments (front end to back end), working together with the Business Segment's operations and engineering teams to achieve shared goals and targets. If you have proven success in this space, are able to create and sustain positive relationships with all stakeholders and want to join an organization that is positioned for growth, we encourage you to apply!
Arconic Corporation (NYSE: ARNC), headquartered in Pittsburgh, Pennsylvania, is a leading provider of aluminum sheet, plate and extrusions, as well as innovative architectural products, that advance the ground transportation, aerospace, industrial, packaging and building and construction markets. In 2020, the businesses of Arconic Corporation reported annual revenue of $5.7 billion.
Through the ingenuity of our people and cutting-edge advanced manufacturing techniques, we make products that meet quality, efficiency and delivery objectives to achieve customer success and shareholder value.
Compensation:
Strong base salary plus variable compensation bonus structure
Generous Health Benefits beginning day 1; medical, life, dental and vision plans
401(k) Retirement contribution (3%), plus 100% Match up to (6%) of wages
Competitive annual vacation accrual, plus 10 annual paid holidays
Position Profile: The Capital Procurement Specialist is responsible for identifying and assessing value driven opportunities together with Capital Procurement Director and Business Segment leads. This individual will develop and execute cost avoidance strategies for defined and agreed opportunities by using state-of-the-art measures, including, but not limited to: Designed-to-cost initiatives, Target costing, Product Re-engineering, Scope revisions, Benchmarking efforts, Material and Product substitution, negotiated savings, and leveraging.
Essential Functions : The Capital Procurement Specialist position includes both the execution of strategic vision and tactical management, including execution of the following essential functions, examples include but are not limited to:
Assist in the management of current project portfolio, and implementation and on-going management of new sourcing initiatives
Get involved at stage gate FEL 0/1 (idea phase, data collection) to assess baselines for project/capital spend and supports development and improvement of business cases on cost side
Drive standardization strategies into Capital developments
Drive the avoidance of "single source situations" into the project development process
Conduct market analyses on material, product, and process innovations
Assess make-or-buy business cases for select projects/capital spends
Essential Knowledge/Skills/Abilities
Administration and Management - Knowledge of business and management principles involved in strategic planning, resource allocation, production methods, and coordination of people and resources.
Production and Processing - Knowledge of raw materials, production processes, quality control, costs, and other techniques for maximizing the effective manufacture and distribution of goods
Leadership - Job requires a willingness to lead, take charge, and offer opinions and direction.
Dependability - Job requires being reliable, responsible, and dependable, and fulfilling obligations.
Integrity - Job requires being honest and ethical.
Evaluating Information to Determine Compliance with Standards - Using relevant information and individual judgment to determine whether events or processes comply with laws, regulations, or standards.
Critical Thinking - Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions, or approaches to problems.
Negotiation - Bringing others together and trying to reconcile differences.
Problem Sensitivity - The ability to tell when something is wrong or is likely to go wrong.
Stress Tolerance - Job requires accepting criticism and dealing calmly and effectively with high stress situations.
Communication skills - the ability to summarize complex situations into actionable items utilizing Microsoft Office Suite (Outlook, Excel, Word, and PowerPoint).
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Basic Qualifications
Bachelor's degree from an accredited Institution.
5 years minimum experience relevant to capital projects or similar environment.
Employees must be legally authorized to work in the United States. Verification of employment eligibility will be required at the time of Hire. Visa sponsorship is not available for this position.
This position is subject to the International Traffic in Arms Regulations (ITAR) which requires U.S. person status. ITAR defines U.S. person as an U.S. Citizen, U.S. Permanent Resident (i.e. 'Green Card Holder'), Political Asylee, or Refugee .
Preferred Qualifications
MBA in Business Administration/Economics or similar preferred
