Xcel Energy · 15 hours ago
Supply Chain Sourcing and Contracting Specialist - Fixed Assets
Twin Cities Area
Contract
Onsite
Mid, Senior Level
$81K/yr - $118K/yr
5+ years expXcel Energy is a leading combination electricity and natural gas energy company, offering a comprehensive portfolio of energy-related products and services. The Supply Chain Sourcing and Contracting Specialist will develop and execute sourcing strategies for capital projects, manage contract negotiations, and ensure efficient project delivery management.
Electrical DistributionEnergyNatural Resources
Responsibilities
Execute contracting and procurement strategy/tactics for capital projects, sourcing for high value, complex goods and services. Develop should cost models and project justifications. Lead the process to define technical bid requirements, specifications, and specialized terms & conditions. Execute bidding events. Lead bid evaluation teams to analyze proposals and award business. Seek opportunities for value capture
Apply contract knowledge, diligence, and integration of all contract components to ensure efficient project delivery management. Lead the development, refinement, and application of the project delivery contracting strategy for assigned projects. Ensure invoices have proper supporting documentation and payment is not in excess of materials delivered or value of work completed. Manage contractor training and compliance with corporate policies and procedures
Negotiate contracts representing company interests in purchases associated with capital projects. Analyze, verify, and negotiate modifications, changes or additional work orders that were not part of the original contract or purchase scope. Facilitate dispute resolution and contract adjustments with suppliers and internal stakeholders
Create and manage project plans for sourcing goods and services. Integrate sourcing and business project plans to develop enterprise-wide standardization of technology and equipment specifications. Maintain relationships with stakeholders and communicate sourcing project status. Execute post award contract management plans, including KPI development. Review with suppliers that contractor commitments and progress milestones are tracked in accordance with contractual terms and conditions and full project value is achieved
Establish post award contract management plans. Monitor supplier performance to ensure supplier commitments and progress milestones are met and project value is achieved. Collaborate with Category Managers to support project needs in alignment with category strategies. Manage supplier relationships as assigned
Develop and lead capital project risk management strategies. Apply contract law knowledge to administer project contract agreements and contractual forms. Manage contract risks and assemble documentation to obtain project specific insurance. Limit company liability by ensuring proper documentation
Qualification
Required
Bachelor's degree in Supply Chain Management, Engineering, Construction Management, Business, related field, or equivalent combination of education and experience
Requires five years of procurement or sourcing experience, including some construction project contract experience
Significant contract knowledge and negotiation skills required
Requires considerable knowledge and expertise in sourcing and supply chain management principles
Strong project management skills required
Proficiency in Microsoft Office Suite and significant experience with purchasing and sourcing systems required
Must be results-oriented and customer focused
Strong interpersonal, relationship, and presentation skills are required
Up to 20% travel; driver's license required
Preferred
MBA and Certified Professional in Supply Management (CPSM) certification or other supply chain certification preferred
Benefits
Annual Incentive Program
Medical/Pharmacy Plan
Dental
Vision
Life Insurance
Dependent Care Reimbursement Account
Health Care Reimbursement Account
Health Savings Account (HSA) (if enrolled in eligible health plan)
Limited-Purpose FSA (if enrolled in eligible health plan and HSA)
Transportation Reimbursement Account
Short-term disability (STD)
Long-term disability (LTD)
Employee Assistance Program (EAP)
Fitness Center Reimbursement (if enrolled in eligible health plan)
Tuition reimbursement
Transit programs
Employee recognition program
Pension
401(k) plan
Paid time off (PTO)
Holidays
Volunteer Paid Time Off (VPTO)
Parental Leave
Company
Xcel Energy
Xcel Energy is an electric and natural gas energy company that offers a portfolio of energy-related products and services to customers.
10001+ employees
H1B Sponsorship
Xcel Energy has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (6)
2024 (6)
2023 (6)
2022 (4)
2021 (1)
2020 (1)
Funding
Current Stage
Public CompanyTotal Funding
$1.39BKey Investors
US Department of EnergyBreakthrough Energy Ventures
2024-11-04Post Ipo Equity· $1.2B
2023-10-18Grant· $100M
2023-09-22Grant· $70M
Leadership Team
Robert Frenzel
Chairman, President and CEO
Brian Van Abel
Executive Vice President and Chief Financial Officer
Recent News
2025-12-27
Company data provided by crunchbase