Exceptional Flagships Director

  • Location: New York, NY
  • Type: Direct Hire
  • Hybrid
  • Job #9457

This strategic procurement leadership role drives the sourcing, contract negotiation, and commercial management for high-value, multi-year construction projects (such as $150M+ retail flagships), utilizing tools like Procore to manage budgets, mitigate risks, and align financial forecasting.
 

Key Responsibilities:

Strategic Procurement Leadership  
  • Establish project goals and align with sourcing strategy together with Procurement 
  • Develop and maintain procurement strategy for direct and non-direct consultants and contractors covering owner of installation, basis of order, type of procurement route, bid documents, contract type and bid deliverables against a bid event schedule  
  • Lead the identification, evaluation, and selection of strategic suppliers and partners, fostering robust and resilient supply chains.
  • Drive innovation in procurement processes, leveraging best practices, technology, and market intelligence to achieve competitive advantages.
  • Oversee the development of RFPs, RFQs, and other solicitation documents, ensuring clarity, comprehensiveness, and alignment with project goals
  • Advise and coordinate the drafting and approval of recommendations to ensure they align with procurement strategy and defined budget 
  • Lead bi-weekly legal and procurement coordination calls that update on contract status, reviewing the bid event schedule, aligning on strategy 
Contract Strategy and Management  
  • Manage input from legal and outside counsel to align in the form of contract that aligns with specific package risks, value, scope of work and future relationships across the network.
  • Manage stakeholders, including outside consultants, on contract review.  Provide input and review of vendor / consultant contracts  
  • Lead complex contract negotiations with major vendors, contractors, and service providers, ensuring favorable terms, conditions, and pricing while mitigating risks.
  • Establish and manage robust contract lifecycle management processes, from drafting and execution to performance monitoring, amendment, and close-out.
  • Develop and advise on contract strategy for all vendors, specifically general contract that satisfies best the project brief for multi-year projects, including risk allocation, performance incentives, and dispute resolution mechanisms.
  • Develop strategies for managing long-term supplier relationships, including performance reviews, escalations, and continuous improvement initiatives.
Strategic Planning / Schedule
  • Evaluate the financial viability of acceleration options or alternative scheduling approaches.
  • Integrate schedule risk analysis into overall financial risk assessments for projects.
  • Establish with project manager and planner schedule strategy on issuance, reviews, delay and mitigation, and float ownership.  Convert this include contract language with chosen contractor
  • Analyze schedule dependencies and potential delays, quantifying their financial implications (e.g., increased labor costs, penalties, delayed revenue).
Risk Management & Compliance
  • Identify, assess, and mitigate procurement and contractual risks associated with large-scale, multi-year projects.
  • Develop and implement strategies to manage supply chain disruptions, geopolitical risks, and market volatility
Commercial Management/Stewardship  
  • Establish commercial strategy in conjunction with external cost management partners that aligns with project goals and decision-making hurdles for large-scale, multi-year projects 
  • Ensure complete transparency in cost reporting and allocation methodologies, making them understandable and auditable for all stakeholders.
  • Executive summary and presentation of budgets to facilitate decision making at all budget milestones including base estimate movements, path the budget and included risks 
  • Review monthly cost reports and identify significant variances, trends, and anomalies, drilling down into root causes of cost overruns or underruns.
  • Prepare detailed executive summaries and presentations on cost performance, highlighting key insights, risks, and opportunities. Work directly with Finance and Store Planning
  • Collaborate with project managers and department heads to understand cost drivers and validate report accuracy.
  • Ensure compliance with internal financial policies, accounting standards
  • Collaborate with internal and external auditors as needed
  • Cash flow 
    • Collaborate with finance teams to ensure accurate accounting for project costs, forecasting, and reporting.
    • Implement and manage effective commitment tracking processes to ensure accurate forecasting of financial obligations and mitigate budget overruns.
    • Drive robust financial management for all projects, including meticulous tracking of cash flow, expenditures, and commitments against approved budgets.
    • Interrogate external cost management forecasts to ensure business needs are aligned between overallocation of spend and under forecasting of risks. 
  • Spent to date, reconciliation, invoicing 
    • Manage reconciliation between invoicing and spend to date between internal (finance, procurement etc.) and external (project and cost manager) stakeholders and align with financial planning tool  
    • Evaluate invoices against spend to date, cashflow, budget and approved change orders for recommendation  
  • Procore 
    • Experience standing up project management software for owner management of multi-year, large investment projects.  
    • Experience managing Procore as an Owner utilizing financial management, project management and pre-construction tools 
    • Ensure seamless information flow and data integrity between project management systems and internal stakeholder platforms (e.g., finance, procurement, accounting)
    • Champion the use of technology to streamline workflows, improve communication, and provide real-time project insights to all relevant internal departments
    • Review, maintain and advise on ROMs, Invoices, Potential Change Orders and Change Orders against the correct budget allocation through Procore keeping track of overall project contingency spend 
    • Integrate direct contract vendors into Procore process and workflow 

Recommended background: Bachelor Engineering (Civil, Structural, Mechanical), Quantity Surveyor (RICS certified) 

Experience: Working with STARchitects on multi-year retail flagships for over $150M 

 


Estimated Compensation: $118,000 - $210,000 Per Year
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MEET YOUR RECRUITER

Jessica BrooksJessica Brooks

Recruiting Manager

(201) 256-1090

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