Procurement Engineer (Finance)
Job Description & Responsibilities
Persistent Systems is seeking a Procurement Engineer to join our team at our NYC headquarters. The Procurement Engineer will play a critical role in sourcing and evaluating the components that make our Wave Relay products. The Procurement Engineer will interface with a variety of internal teams to ensure our product specifications are met.
Position Responsibilities
- Conduct cost/risk analysis across our product lines
- Upkeep product development schedules
- Navigate supplier selection for specific products with both new and current suppliers
- Create trade-off matrixes to present to engineering teams
- Write clear statements of work for vendors with milestones that align with internal goals
- Collaborate with project managers, engineers, and stakeholders to understand project specifications and procurement needs
- Complete BOM risk assessment, including sourcing alternate components
- Execute Purchase Orders
- Complete vendor NDA's
- Review technical specifications and drawings to ensure alignment with project requirements and engineering standards
- Manage the procurement process from requisition to delivery, including issuing purchase orders, tracking shipments, and resolving delivery issues
- Monitor supplier performance, conducting regular audits and evaluations to assess compliance with contract terms and quality standards
- Identify opportunities for process improvements and cost savings in procurement operations, implementing best practices and efficiency measures
- Maintain accurate procurement records and documentation, ensuring compliance with organizational policies, procedures, and regulatory requirements
- Manage ad-hoc cost issues e.g., tariffs / import export cost, and cost inflation
Job Qualifications & Experience
Minimum Qualifications
- Must have a United States security clearance or the ability to obtain a United States security clearance
- Must be enrolled or completed a bachelor's or associate degree program in engineering, supply chain/logistics, economics, or business-related program
- Ability to learn and apply technical knowledge rapidly
- Communication and interpersonal skills to collaborate with cross-functional teams, vendors, and stakeholders and effectively convey technical requirements and project objectives
- Proficiency with Excel and PowerPoint
Preferred Qualifications
- Bachelor's degree in engineering, supply chain/logistics, economics, or business-related program
- Prior internship experience in product development
- Prior internship experience in operations
The pay for this role can vary from $75,000 to $85,000 a year based on the selected individual's education and experience. Persistent Systems, LLC offers a comprehensive benefits package including medical, dental, vision, life, and disability insurance; paid time off; flexible spending accounts; 401(k) plan with company match; fitness membership reimbursement; tuition assistance; mental health benefits; and veterinary benefits.
Company Overview
Persistent Systems, LLC is a leading global provider of mobile networking solutions for military, first responder, government, and commercial markets. We engineer our Wave Relay® MANET and Cloud Relay™ technology to transmit voice, video, and situational awareness under the most difficult conditions. Through the Wave Relay® Ecosystem, an alliance of industry-leading companies, Persistent unites warfighters, UGVs, UAVs, sensors, cameras, and devices on a common network. Persistent was founded in 2007 and has offices in New York City, Colorado, Montana, North Carolina, North Dakota, and Wyoming.
