What are the responsibilities and job description for the Senior Director, Procurement ($182,700.00 - $232,000.00) position at Irvine Company?
Position Summary:
The Senior Director of Procurement is responsible for developing and executing strategic procurement plans for the Apartments Division. This role is responsible for mitigating company risk, achieving cost containment, enhancing quality and efficiency, and providing essential operational support. The Senior Director will collaborate directly with ICAC Senior Management to align annual strategic plans, budgets, and actions with overarching company goals.
Job Duties:
- Leads the Apartments Division procurement function, overseeing contract management, bidding, sourcing, and scope of services to align with company objectives and standards, while also developing the procurement team through goal setting, training, and support.
- Drives risk mitigation and compliance by monitoring insurance requirements, licensing, auditing, and assessing company-wide risk in procurement activities.
- Optimizes vendor and commodity management through strategic onboarding, performance monitoring, and service assessments to ensure high-quality service, adherence to scopes of work, and achievement of business results.
- Directs eProcurement system oversight, including training, reporting, analytics, and driving continuous improvements and enhancements to maximize value for the Division.
- Owns procurement budgeting and financial management, including purchase orders (POs), sourcing, buying, contracted services, identifying cost savings actions, and exploring other income opportunities.
- Develops and manages comprehensive reporting and analytics related to spend management, cost trends, and procurement opportunities, providing ad-hoc reporting as needed to support operations.
- Leads strategic initiatives to adapt to economic conditions and regulatory changes, fostering strategic partnerships and integrating technology innovation to minimize business disruption.
- Manages all Division contracts from negotiation and bidding to final signing within Delegation of Authority, including drafting scopes of work, ensuring liability protection, and managing insurance requirements and pricing.
- Leads and participates in Cross-Divisional Procurement initiatives to optimize pricing and quality across the entire company.
Minimum Qualifications / Other Expectations:
Education & Experience:
- BS or BA degree from an accredited College or University preferred.
- Prior multi-family management experience preferred.
- 10 years of procurement/sourcing experience desired with a minimum of 5 years in a leadership position required.
- Prior experience negotiating and managing contracts required.
Other:
- C.P.S.M. – Certified Professional in Supply Management designation preferred.
- Primarily works independently, exercising sound judgment and adhering to company policies.
- Must be proficient in all Google Suite products (Docs, Slides, Sheets).
- Ability to communicate clearly and effectively in English, both verbally and in writing.
Compensation:
Base Pay Range: $182,700.00 - $232,000.00
Salary : $182,700 - $232,000