Procurement Specialist

Vault is seeking an experienced and hands‑on Procurement Lead to establish and manage procurement and contracting activities across our projects including drilling, completions, facilities and operations. This role will be critical in ensuring cost control, supplier performance, and schedule adherence as we move into capital project execution and operations. As a key member of the Operations team, the Procurement Lead will develop procurement strategies, manage vendor relationships, and implement processes that support efficient and scalable operations. Key Responsibilities Collaborate with projects and operations to define procurement requirements and lead procurement activities for drilling, completions, facilities and operations Develop and execute sourcing strategies aligned with project schedules and budgets Manage competitive bidding processes (RFPs/RFQs), bid evaluations, and contract negotiations Identify and secure long‑lead items, ensuring timely delivery and supply chain reliability Establish and maintain preferred supplier lists and vendor qualification processes Negotiate commercial terms and manage contracts to mitigate risk and optimize value Track procurement budgets, commitments, and cost savings initiatives Implement procurement policies, systems, and controls appropriate for a growing organization Monitor supplier performance, delivery, and quality, resolving issues as needed Ensure compliance with regulatory, HSE, and company standards Skills and Qualifications 10 years of procurement experience in oil & gas, energy, or infrastructure projects Direct experience supporting drilling and completions programs and/or facilities construction Strong knowledge of oilfield services, equipment supply chains, and contracting models Proven experience managing competitive bid processes and negotiating contracts Familiarity with long‑lead equipment procurement (e.g., compressors, process equipment) Ability to operate effectively in a small, fast‑paced, and evolving organization Strong commercial acumen, analytical skills, and attention to detail Excellent stakeholder management and communication skills Post‑secondary education in business, supply chain, engineering, or a related field Employment and Wage Details Must be able to legally work in the United States of America Travel to operating facilities may be required. The role frequently operates in field office environments, often located near industrial facilities. The role requires on‑call availability for incident response and may involve exposure to hazardous environments, requiring the use of personal protective equipment (PPE). Annual salary range is $100,000 - $140,000 Potential for annual bonus Participation in Vault's long‑term incentive program We offer a comprehensive benefits package, including competitive salaries, health and dental coverage, retirement plans, and generous paid time off to support your work‑life balance. 401k plans Health and dental Paid time off and paid holidays Health Savings Accounts (HSAs) & Flexible Spending Accounts (FSAs) for health and dependent care Paid Parental Leave (maternity & paternity) Vault is an equal opportunity employer; diversity and inclusion are important to us. We are committed to providing employment opportunities to all qualified individuals. Final candidates for this position may be required to undergo a security screening, including a criminal records check. #J-18808-Ljbffr