Senior Procurement Specialist

Who we are:

Electra is reinventing iron production to tackle the nearly 10% of global carbon dioxide emissions produced from iron and steelmaking. Its patented process uses chemistry and renewable energy to transform a variety of grades of iron ore into environmentally responsible pure iron at scale. By maximizing the value of Earth’s resources and minimizing our environmental footprint and carbon emissions, Electra is forging a green future from the ground up. With a collaborative culture and passion for disrupting the status quo, careers at Electra offer challenge, reward, and the opportunity to bring to market solutions that dramatically improve the health of the planet. 

What you will do:

As a Senior Procurement Specialist on the Supply Chain Team, you will lead procurement and strategic sourcing activities, supporting the organization's supply chain operations. The role will support the development of category and sourcing strategies for a broad group of categories, in line with companywide growth objectives to ensure that the organization's strategic goals are met by optimizing cost, efficiency, and supplier relationships. 

Responsibilities include:

• Develop and execute sourcing strategies, best practices, and initiatives that support improvements in supplier quality, total cost effectiveness, delivery, lead times, risk compliance, ESG, and other areas as identified
• Develop and lead all RFx activities (RFI/RFQ/RFP) for critical components and services, including developing SOPs for selection criteria and driving the selection of suppliers in collaboration with cross-functional teams
• Manage contract negotiations, including terms, pricing, and delivery schedules, ensuring that contracts deliver values and protect the organization's interests
• Support development and execution of all Supplier Performance and Relationship Management activities within the team, taking ownership of SPM/SRM programs for your assigned categories
• Support internal stakeholders by providing in-depth category and market insights and guidance, allowing for informed decision making in procurement activities
• Analyze spend data and identify opportunities for cost savings, process improvements, and risk reduction
• Develop negotiation and supplier performance improvement strategies, and proactively participate in problem resolution (NCRs, SCARs, delivery issues, etc.) and supplier risk analysis
• Assist in the design and creation of internal procurement SOPs and policies that ensure compliance with financial, legal, and ethical requirements
• Collaborate with project management, engineering, finance, legal, quality, and operations teams to ensure alignment on project goals, timelines, and procurement activities
• Read, understand, and comply with all workplace health and safety policies, safe work practices, and company policies and procedures 
• Perform other duties as assigned by supervisor

What we need you to bring to the team:  

• Bachelor’s degree in supply chain management, business administration, engineering, or related or equivalent work experience
• 8+ years of industry experience in procurement, sourcing, or supply chain roles, preferably in a manufacturing or operations setting (excludes internships, co-ops, and other school projects) OR Master's degree in supply chain management, business administration, engineering, or related and 6+ years of industry experience in procurement, sourcing, or supply chain roles 
• Excellent negotiation, communication, and stakeholder management abilities
• Proficiency with, or ability to quickly learn, Microsoft Office suite of programs including Word, Excel, PowerPoint, Outlook, OneDrive, and SharePoint 

What we want you to bring to the team: 

• Strong financial acumen with the ability to drive cost efficiencies
• Proficiency with procurement and ERP systems
• Ability to manage multiple priorities, exhibit a sense of urgency, and maintain equilibrium in a fast-moving and changing startup environment
• Strong analytical skills, with a focus on data-driven decision-making 

Compensation:  

• The anticipated starting pay range for this position is $105,000 - $125,000 annually and may be more or less depending upon skills, experience, and education. 

Benefits For You: 

• 100% paid premiums across all medical, dental, vision, telemedicine, short-term disability, long-term disability, and basic life insurance plans
• Reasonable use PTO
• $1,800 in annual employer HSA contributions (health savings account) 

Benefits For Your Family: 

• 100% paid premiums across all medical, dental, vision, and telemedicine plans
• $3,600 in annual employer HSA contributions (health savings account) 
• 12 weeks of paid parental leave and flexible return-to-work options

Benefits For Your Future: 

• 401k with up to 5% matching contributions which vest 100% on day one 
• Eligibility for incentive stock options