Procurement Product Purchase Price Prime

Ciena is committed to our people-first philosophy. Our teams enjoy a culture focused on prioritizing a personalized and flexible work environment that empowers an individual’s passions, growth, wellbeing and belonging. We’re a technology company that leads with our humanity—driving our business priorities alongside meaningful social, community, and societal impact.

Why Ciena:

- We are big proponents of life-work integration and provide the flexibility and tools to make it a reality with remote work and potentially, part-time work.
- We believe an inclusive, diverse and barrier-free work environment makes for empowered and committed employees.
- We recognize the importance of well-being and offer programs and benefits to support and sustain the mental and physical health of our employees and their families and also offer a variety of paid family leave programs.
- We are committed to employee development, offering tuition reimbursement and a variety of in-house learning and mentorship opportunities.
- We know that financial security is important. We offer competitive salaries and incentive
- programs, RSU’s (job level specific) and an employee share option purchase program.
- We realize time away to recharge is non-negotiable. We offer flexible paid time off
- Great work deserves recognition. We have a robust recognition program, with ongoing and enhanced awards for exemplary performance.

How You Will Contribute:
Reporting to the Director, Procurement Cost Management, as a Procurement Product Purchase, Price Management Prime, a key member of the Procurement Organization, is responsible for maintaining accurate product purchase pricing throughout the supply chain. This includes raw material pricing at the component level, as well as finished-goods product level pricing (Material + Transformation costs). Component pricing and product design change details flow monthly between Ciena and our various CM and distribution partners around the globe. Accurate and timely management of this data helps Ciena maintain a competitive advantage and continue to win market share.

Drive the Product Purchase Price update process including inventory revaluation claims:

- Ensure NPI products are reflected in price files in a timely manner and align to agreed-to production costing.
- Compute and settle inventory revaluation amounts owed for all price changes.

Drive the monthly Component Price Change processes and resulting PPV claims:

- Generate monthly component pricing submissions and transmit to the CM in a timely manner.
- Solicit monthly CM receipt submissions into PCDM, review promptly, and log & address any discrepancies.
- Compute and settle any purchase price variance (PPV) amounts

Drive the claims processing cycle:

- Review monthly shipments to analyze any product purchase price discrepancies with agreed monthly pricing to determine true-up claims with CM resulting from price discrepancies
- Communicate with CM the PPV, Reval and True-up claims, and obtain agreements on amounts owed
- Review claims with management to ensure alignment with budgets

Bachelor’s degree in Supply Chain, business, finance, accounting or similar
- Prior experience with database and model design and segmentation techniques
- Proven success in a collaborative, team-oriented environment
- Strong interpersonal, communication and presentation skills
- MS Office skills - Excel, PowerPoint, Word
- Ability to work under pressure and meet deadlines
- High attention to detail and analytical skills
- Familiarity of Power BI is a plus

What Does Ciena Expect of You?

Customer focus - what’s important to the customer is equally important to you. You make addressing/solving issues a priority.

Relationship Builder - you possess the ability to build trust relationships quickly.

Agility - you are readily able to manage competing and ever-changing priorities under often stressful circumstances.

Communication expertise - you can effectively tailor a message/articulate a value proposition to an audience to enable engagement at all levels of an organization.

Problem Solver - quickly able to understand/analyze an issue and propose an ideal solution.

A commitment to learning - you keep abreast of the market and competition and use that information to Ciena’s advantage.

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At Ciena, we are committed to building and fostering an environment in which our employees feel respected, valued, and heard. Ciena values the diversity of its workforce and respects its employees as individuals. We do not tolerate any form of discrimination.

Ciena is an Equal Opportunity Employer, including disability and protected veteran status.

If contacted in relation to a job opportunity, please advise Ciena of any accommodation measures you may require.