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Contractual Balance Engineer Jobs in Raleigh, NC

Caterpillar

Product Procurement Engineer

Clayton, NC · On-site

$112K - $169K/yr

As a Product Procurement Engineer, you'll play a pivotal role within Caterpillar, representing the ... Make informed sourcing decisions by balancing cost, contractual terms, risk exposure and long-term ...

Volkert Inc

CEI Inspector

Raleigh, NC · On-site

Anticipates contractual problems and advises supervisor of the need for plan revisions ... Associate degree in an applicable area of Engineering Technology, Survey Technology or a related ...

Teleflex

Contracts & Integration Lead

Morrisville, NC · On-site

$83K - $111K/yr

... include engineering, regulatory services, material selection and formulation, prototyping ... balance input on terms and contractual provisions. * Prepare language according to the terms ...

Teleflex

Contracts & Integration Lead

Morrisville, NC · Remote

$83K - $111K/yr

... include engineering, regulatory services, material selection and formulation, prototyping ... balance input on terms and contractual provisions. * Prepare language according to the terms ...

Stratus Team LLC

Market Director

Raleigh, NC · On-site

About Stratus Stratus ® is an integrated, multi-disciplinary engineering, architecture, interior ... We believe flexible, hybrid work supports the balance and well-being our team deserves * Excellent ...

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How much do contractual balance engineer jobs pay per hour?

As of Jun 10, 2026, the average hourly pay for contractual balance engineer in Raleigh, NC is $57.93, according to ZipRecruiter salary data. Most workers in this role earn between $50.48 and $64.47 per hour, depending on experience, location, and employer.
What cities near Raleigh, NC are hiring for Contractual Balance Engineer jobs? Cities near Raleigh, NC with the most Contractual Balance Engineer job openings:
Contractual Balance Engineer jobs near you
Product Procurement Engineer

Product Procurement Engineer

Caterpillar

Clayton, NC • On-site

$112K - $169K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 6 days ago

Caterpillar Inc. rating

7.5

Company rating: 7.5 out of 10

Based on 458 frontline employees who took The Breakroom Quiz

218th of 417 rated machine equipment manufacturers

Job description

Career Area:
Procurement
Job Description:
Your Work Shapes the World at Caterpillar Inc.
When you join Caterpillar, you're joining a global team who cares not just about the work we do - but also about each other. We are the makers, problem solvers, and future world builders who are creating stronger, more sustainable communities. We don't just talk about progress and innovation here - we make it happen, with our customers, where we work and live. Together, we are building a better world, so we can all enjoy living in it.
As a Product Procurement Engineer, you'll play a pivotal role within Caterpillar, representing the Category and managing part sourcing, development, and quality feedback loops across New Product Introduction (NPI), Continuous Product Improvement (CPI), and New Source Introduction (NSI).
You'll work closely with Engineering, Procurement and Supply Chain teams, while also engaging directly with suppliers to ensure alignment. The role ensures category strategy is clearly defined and executed, delivering parts with the right quality, total cost and timing to meet business and customer requirements.
What you can look forward to in this role:
  • Develop, implement and maintain category-specific KPIs, providing clear reporting and insights to Category and Program Leadership.
  • Collaborate with Design Control Engineering, Value Chain Engineering, Procurement, Quality and Supply Chain to define and execute global product supply strategies aligned to category objectives.
  • Drive Value Analysis / Value Engineering (VA/VE) through cost modelling, Design for Manufacturability (DFM), and effective utilization of supplier capability.
  • Contribute within a global team to develop and implement standardized processes across sourcing, quality improvement, cost management and capacity planning.
  • Manage quality feedback loops, ensuring lessons learned are captured, shared and consistently applied to improve supplier performance.
  • Represent category performance at NPI and APQP gateways, working with suppliers and cross-functional teams to resolve quality, cost and delivery issues and drive continuous improvement.

A successful candidate in this role will showcase their skills in:
  • Effective Communications: Communicates clearly and confidently with suppliers and cross-functional stakeholders, influencing technical and commercial decisions to achieve alignment on quality, cost and delivery outcomes.
  • Strategic Sourcing: Develops and executes category and sourcing strategies, managing supplier agreements, sourcing pipelines and procurement programs to deliver competitive and sustainable outcomes.
  • Cost Benefit Analysis: Identifies and delivers cost, quality and efficiency improvements through structured analysis, supporting DFM/DFA and maximizing the use of supplier capability.
  • Data Driven Decision Making: Evaluates business proposals using data, cost analysis and risk assessment, ensuring decisions are robust and escalating risks appropriately to Category Leadership.

Top Candidates for this position may also have:
  • Works directly with suppliers to support part development, resolve quality and delivery issues, and ensure products meet specifications, escalating higher-risk concerns where required.
  • Make informed sourcing decisions by balancing cost, contractual terms, risk exposure and long-term value to protect quality, delivery and commercial outcomes.
  • Apply quality standards, governance and continuous improvement methods to drive consistent product quality and supplier performance.
  • Anticipates and incorporates external factors (regulatory, environmental, geopolitical) into sourcing decisions to enhance resilience and mitigate supply risk.

Additional Information:
The primary location for this position is Cary or Clayton, NC.
Sponsorship is not available
Summary Pay Range:
$112,710.00 - $169,060.00
Compensation and benefits offered may vary depending on multiple individualized factors, job level, market location, job-related knowledge, skills, individual performance and experience. Please note that salary is only one component of total compensation at Caterpillar.
Benefits:
Subject to plan eligibility, terms, and guidelines. This is a summary list of benefits.
  • Medical, dental, and vision benefits*
  • Paid time off plan (Vacation, Holidays, Volunteer, etc.)*
  • 401(k) savings plans*
  • Health Savings Account (HSA)*
  • Flexible Spending Accounts (FSAs)*
  • Health Lifestyle Programs*
  • Employee Assistance Program*
  • Voluntary Benefits and Employee Discounts*
  • Career Development*
  • Incentive bonus*
  • Disability benefits
  • Life Insurance
  • Parental leave
  • Adoption benefits
  • Tuition Reimbursement

* These benefits also apply to part-time employees
Posting Dates:
June 4, 2026 - June 18, 2026
Any offer of employment is conditioned upon the successful completion of a drug screen.
Caterpillar is an Equal Opportunity Employer, Including Veterans and Individuals with Disabilities. Qualified applicants of any age are encouraged to apply.
Not ready to apply? Join our Talent Community.

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