Director, Procurement
Denver, CO - USA
Department:
Job Summary
POSITION: Director Procurement (Full Time Exempt)
COMPENSATION: Pursuant to Colorado regulations if this job is performed in Colorado the salary range is $140000 - $160000 plus bonus potential. âEligible to participate in the company benefits plan. We offer health vision dental and pet insurance. We offer a 401(k) retirement plan student loan assistance licensing and continuing education reimbursement parental leave and housing allowances or gifts.
REPORTS TO: VP Strategy and Offerings
SUMMARY
As the Director Procurement you are primarily responsible for leading a strategic plan and vision to centralize core operational functionsspecifically contract procurement and expense controlinside a newly created department. You will manage specialized personnel and leverage enterprise platforms including an AI-powered contract warehousing and bidding platform and an invoice auditing and re-procurement tool. The primary desired outcomes of this role are to remove the administrative burden of procurement from our on-site operators and to drive significant expense savings for Cardinals owned and managed portfolio. You will ensure that all new contracts are negotiated appropriately housed centrally and fully compliant with Cardinals standard operating procedures and legal protections.
RESPONSIBILITIES (Including but not limited to)Lead mentor and manage the specialized procurement team including procurement managers and analysts.
Drive expense savings at Cardinal Group communities with specific focus on service contract categories.
Oversee the entire workflow for recurring contracts across the portfolio from bid procurement to contract assembly execution and centralized warehousing.
Utilize NetVendor to house all property-level and HQ MSA agreements monitor contract expirations solicit competitive bids and securely collect signatures from appropriate parties.
Partner with re-procurement providers to negotiate and drive savings in select high-leverage categories (e.g. Telecom Elevators Waste Security Laundry and others).
Leverage AI technology to audit invoices against contract terms ensure billing accuracy flag anomalies and reduce accounts payable workload.
Review community spend to identify rogue spending and correct on-site purchasing behaviors by enforcing the use of preferred vendors and standard agreements.
Act as a strategic consultant to Ops and On-Site teams monitoring the bid queue for one-time service scopes to ensure compliance while supporting site-level operations.
Partner with Legal to ensure all executed contracts include Cardinals standard terms conditions and risk mitigation language.
Work to improve risk management metrics related to vendor compliance and credentialing.
Support Due Diligence and Acquisitions efforts by providing hard benchmarking data warehousing contracts for DD readiness and aggressively underwriting lower in-place expenses.
Lead change management initiatives across the organization ensuring site teams understand the value of centralized procurement and incorporating operator feedback into service recommendations to prevent resentment.
Drive continuous improvement of the Cardinal platform by testing and implementing new technologies and delivering quick wins by attacking outlier or loss-leader contracts.
Maintain excellent relationships with all internal stakeholders including Legal Treasury Accounting FP&A and Client Services.
Champion the Cardinal Culture and Cardinals Core Values every day.
Other tasks as assigned by the Team Leader.
QUALIFICATIONS
Bachelors degree in a related field and/or a minimum of 5 years of experience managing contract procurement vendor relations and expense control ideally within multifamily or student housing.
Proven leadership experience managing a team (e.g. managers and analysts) across a large portfolio.
Familiarity with property management systems (e.g. Entrata Yardi) and enterprise procurement/compliance platforms such as NetVendor and SIB.
Strong change management skills with the ability to build consensus and address concerns from operations teams regarding centralized processes.
Outstanding leadership organizational and customer service skills.
Proficiency in Google Suite and Microsoft office software applications; project management applications preferred.
Excellent written and verbal communication skills. Capability to write interdepartmental memos.
Effective facilitation of team and client meetings.
Strong interpersonal skills and problem-solving ability.
Ability to travel when needed to fulfill project responsibilities.
Meet strict deadlines and prioritize.
Excellent analytical skills attention to detail and a strong work ethic.
Ability to solve problems and think outside-of-the-box.
Build and maintain strong relationships and establish strong interpersonal connections.
Ability to embody the Cardinal Culture and Cardinal Core Values every day.
WORK ENVIRONMENT
The work environment characteristics described here are representative of those a Team Member encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. Incumbents work in an office environment. This role routinely uses standard office equipment such as computers phones photocopiers filing cabinets and fax machines.
PHYSICAL DEMANDS
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
While performing the duties of this job the Team Member is regularly required to use hands to finger type handle or feel and talk or hear. The Team Member is frequently required to stand; walk; reach with hands and arms and stoop or squat. The Team Member is often required to sit. The Team Member must be able to push pull lift carry or maneuver office products and supplies of up to twenty (20) pounds. Specific vision abilities required by this job include close vision distance vision color vision peripheral vision depth perception and ability to adjust focus.
The above job description is not intended to be an all-inclusive list of duties and standards of the position. Incumbents will follow any other instructions and perform any other related duties as assigned by their Team Leader.
Required Experience:
Director
About Company
Cardinal Group is your fully-integrated real estate partner. We handle everything from real estate investments to property management.