Procurement Manager
SubComAre you looking for an opportunity with plenty of growth potential? Do you enjoy working in an exciting, fast-paced, collaborative environment? Are you interested in working with the world’s most innovative companies to create a more connected world? Connecting Continents. Impacting Communities. The backbone of the Internet is a series of high-tech subsea fiber optic cables deployed throughout the globe - SubCom has deployed over 50% of them. Our employees ensure data communications networks are engineered, manufactured, deployed to the highest standards, enabling faster and more reliable connectivity to communities worldwide. Every member of the SubCom team plays a role in an end-to-end process that is critical to enterprises, governments, big cities, and rural towns. We encourage, expect, and value creativity, thoughtful risk taking, openness to change, and diverse perspectives. Whether you’re a seasoned applicant seeking a new and exciting challenge, or you’re new to the workforce and looking for a flexible, rewarding, and fast-paced position with an innovative and stable organization (since 1953), SubCom has opportunities to advance your career. Position Overview The Procurement Manager for the Marine Services group is accountable for the meticulous acquisition of materials, components, equipment, and services essential for operational efficacy. This entails adeptly orchestrating the entire procurement lifecycle—from soliciting and scrutinizing quotations to steering negotiations and contract development. A pivotal aspect of this role is assessing budgetary parameters while executing rigorous cost analyses and volumetric projections for both commodities and services. Furthermore, this position evaluates vendor reliability and pioneers the exploration of new supply sources when needed to ensure optimal procurement outcomes. By developing requirements and specifications for new contract orders, they lay the groundwork for seamless procurement processes. This position reports to the Managing Director of Supply Chain Management. Responsibilities Supports all Procurement activities to ensure all orders and contracts are placed in a timely manner to ensure goods and services arrive on schedule. Improves Supply Chain processes and supports the overall Supply Chain Organization. Reviews and approves Purchase Orders within the procurement system in accordance with the Schedule of Authorization (SOA). Collaborates with project teams to negotiate favorable terms and conditions for contracts, including but not limited to pricing, delivery schedules, and quality standards. Ensure contracts align with project requirements and budget constraints and the requirements set by the Law Department. Utilizes strong financial acumen to analyze procurement data, manages budget targets, tracks expenses, and identifies cost-saving opportunities. Develops and implements strategies to optimize spending while maintaining quality and reliability. Ensures strict adherence to the SOA, company policies and procedures, and industry regulations throughout the procurement process. Ensures ethical practices are maintained and ensures adherence to relevant laws and regulations. Conducts regular audits to mitigate risks and maintain compliance standards. Manages all subcontractor commercial issues from development to fulfillment. Generates appropriate correspondence within the Supply Chain Organization and with suppliers to support purchasing activities. Provides weekly reports to stakeholders, attends regular meetings within the area of responsibility and interfaces with all departments to resolve any problems and issues. Provides guidance and mentorship to the procurement team. Set clear performance objectives, drives accountability, conducts regular performance evaluations, and supports professional development initiatives. Qualifications Bachelor's degree in business, paralegal or technical degree; demonstrated equivalency will be co…