Procurement Specialist

Be more than just an employee number! Join Terran Orbital, a leader in innovation, manufacturing, and operations in the satellite industry. We are a pioneer in the miniaturization of space technologies and the delivery of responsive space solutions. We are a unique, fast-growing, and trusted team focused on quickly and economically designing, building, launching, and operating state-of-the-art satellites for advanced mission constellations.

Terran Orbital is seeking an experienced Procurement Specialist (Buyer) to join our growing team. Reporting to the Procurement Manager, the Procurement Specialist will provide purchased materials and supplies and manage and develop the vendor base across our satellite and technology programs at our Irvine, CA, location. The candidate will collaborate with multidisciplinary team members, managers, and other stakeholders to maintain and status the execution of projects and prepare performance evaluation reports.

Requirements

• BS degree in a related field or equivalent experience is required
• Experience in the Aerospace, Defense, or Investment Banking industry a plus
• Understanding project management and program budget is very helpful
• Advanced knowledge of Microsoft Office (emphasis on Excel & PowerPoint)
• Proficient in spreadsheets, databases, MS Office, and financial software applications
• Minimum of three (3) years of experience
• Working knowledge of various corporate systems: JIRA and Confluence collaboration tools
• Strong initiative and ability to manage and follow through on multiple projects
• Excellent organizational and prioritization skills
• Ability to complete projects promptly is critical
• Ability to influence, persuade, and negotiate
• Outstanding presentation, reporting, and communication skills
• Ability to work well with others in a fast-paced, dynamic environment

Additional Differentiators

• Bachelor's degree in business, engineering, management, or a related discipline
• Proficiency in ERP software, such as MS Dynamics
• Excellent organizational, time-management, and communication skills
• Exceptional communication skills with multiple disciplines

Key Duties and Responsibilities

• Responsible for all company-wide Purchasing functions
• Create, Manage, and Closeout Requisitions/Purchase Orders
• Interact with interdepartmental staff, vendors, and management to fulfill purchase requests
• Obtain proper approvals and manage exceptions
• Match PO, Invoices, Credit Card Orders, and Receipt documents
• Process PO closeout functions in the company system
• Interact with receiving staff, accounting, and order-placing department
• Manage and enforce company credit policy as it applies to purchase transactions
• Perform cash, purchasing, and project management analysis by collecting, monitoring, and studying data; recommending actions. Track expenses and revenues vs. budget and forecast and analyze fluctuations
• Provide creative alternatives and recommendations to reduce costs and improve financial performance
• Recommend actions by analyzing and interpreting data and making comparative analyses, studying proposed changes in methods and operations
• Protect operations by keeping financial information confidential
• Contribute to team effort by accomplishing related results as needed
• Consult with management to guide and influence long-term and strategic decision-making within the broadest scope
• Drive process improvement and policy development initiatives that impact the function
• Analyze current and past performance
• Prepare reports and projections based on this analysis
• Coordinate with other members of the Finance, Project, and Executive team to review purchasing information and forecast
• Develop, maintain, and distribute ad hoc reports as needed
• Travel to vendors required (up to 40%), as necessary

Benefits

• 100% Company-paid comprehensive medical, dental, and vision coverage for you and your dependents
• Employee Equity Incentive Program
• 401(k) Match
• Unlimited PTO
• Cross-training and professional development opportunities

Salary Range $57,000 - $90,000

Your actual level and base salary will be determined case-by-case and may vary based on the job-related qualification, knowledge, skills, education, and experience. In addition to base salary, we offer equity for each empl