Job Overview:
The Principal Procurement Specialist is responsible for interpreting internal or external business issues and recommending best practices. They will be tasked with solving complex Procurement-related problems and will work independently with minimal guidance. The Principal Procurement Specialist may be responsible for leading functional teams or projects and is regarded as a specialist in Procurement. As such, they must have in-depth expertise in Procurement as well as broad knowledge of the Procurement discipline within the Supply Chain function.
ResponsibilitiesKey Tasks and Responsibilities:
- Plan, organize, and manage the procurement of materials, equipment, and services required for projects per company and client requirements; in compliance with established company policies and procedures
- Interface with the procurement function and other McDermott departments for all matters related to the procurement of material for projects
- Work closely with PPMs
- Oversee all procurement activities associated with the effective procurement of project materials, equipment, and services scopes per Project or end-user schedules, specifications, and budgets
- Implement the Project Procurement Execution Strategy applicable to each project
- Manage the Project Procurement group to undertake RFQs, commercial evaluations, and PO award
- Resolve all commercial and Terms and Conditions criteria and issues related to RFQs and PO’s
- Monitor all project procurement-related activities and performance, providing direction and support needed to team members, to ensure the successful delivery of project requirements
- Liaise with vendors, coordinate and assume lead participation in vendor commercial clarification meetings and/or conference calls, and act as the company focal point on commercial discussions with vendors during the preorder stage, i.e., from RFQ to PO award for projects procurement
- Liaise with individual Project Procurement Managers/Coordinators on all procurement matters related to the execution of the Project Procurement Strategy and the effective award of PO’s for Project materials, equipment & services scope
- Liaise with Engineering and QC on technical matters related to an RFQ and/or PO in the pre-award stage
- Liaise with Legal to resolve vendor T&Cs and Accounts Payable to resolve vendor payment issues
- Monitor and review market conditions and report price and delivery trends for Project materials and equipment
- Ensure conformance with the company policies and Procurement procedures by the Project Procurement group and contribute to continuous improvement of procurement work methodologies and processes
- Supervise, train, and coordinate the activities of buyers and supporting staff and provide continuous support to staff in their undertaking of all tasks and activities
- Undertake regular staff performance reviews
- Provide procurement reports as necessary and undertake tasks, activities, and assignments at the direction of the management
Essential Qualifications and Education:
- Bachelor’s Degree (or equivalent) in Supply Chain Management (or a relevant discipline) or HSD/GED/IGCSE with 10 years of relevant experience
- 8-12 years of relevant experience
- Professional Procurement qualification
- Strong analytical skills with the ability to collect, organize, analyze, and disseminate information with attention to detail and accuracy
- Proficient in MS Office suite applications, preferably with intermediate MS Excel skills
- Experience in a database query or programming languages (e.g., SQL)
- Experience in data visualization using Power BI, Tableau, or similar dashboarding application
- Strong verbal and written communication skills
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About UsLutech Resources has over 25 years’ experience providing tailor made recruitment and integrated resource management to leading Engineering, Energy and Manufacturing sector companies worldwide. We set ourselves apart from others in the industry by building long term relationships with both our clients and candidates based on a mutual understanding of their targeted industry and a passion for excellence. With every engagement, our goal is to quickly place qualified talent with the best suited employer. We have a genuine understanding of candidates and clients’ needs. Along with a dynamic and effective service, we strive for positive outcomes for everyone, every time.Skills Required
- Bachelor's degree in Supply Chain Management or equivalent, or HSD/GED/IGCSE with 10 years' relevant experience
- 8-12 years of relevant procurement experience
- Professional Procurement qualification
- Proficient in MS Office suite
- Intermediate MS Excel skills
- Experience in database query or programming languages (e.g., SQL)
- Experience in data visualization using Power BI, Tableau, or similar
- Strong analytical skills with attention to detail and accuracy
- Strong verbal and written communication skills
Lutech Resources Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Lutech Resources and has not been reviewed or approved by Lutech Resources.
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Fair & Transparent Compensation — Base pay is often described as competitive for technical, oil and gas, and engineering roles. Feedback suggests payroll administration is smooth and professional, supporting reliable on-time pay.
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Strong & Reliable Incentives — Compensation processing and compliance logistics are often handled effectively. Feedback suggests HR support during onboarding and placements is generally attentive and efficient.
Lutech Resources Insights
What We Do
Lutech Resources is a global recruitment business providing tailor-made recruitment and integrated resource management to leading Engineering, Resources, Energy, and Manufacturing sector companies worldwide. With over 30 years of experience, they match candidates to specialized roles across the energy value chain, renewables, construction, and technology sectors, including deep expertise in data science, database management, and network security.
