Purchasing Manager

3 days ago

Lehi, Utah, United States Reef Capital Partners Full time
Job Description

Job Title: Purchasing Manager - Interior Design

Location: Lehi, UT

Salary: $80,000-$100,000 DOE

Company: Reef Capital Partners

About the Company:

Reef Capital Partners is a commercial real estate investment firm specializing in private credit and private equity investments. Founded in 2005, the company has completed over 500 transactions with an aggregate value of nearly $2 billion. Reef has a strong track record of performance, with an internal rate of return (IRR) on realized investments over the past decade of approximately 20%.

The company is currently developing several high-profile projects, including Black Desert Resort in St. George, Marcella Club and Cormont Condominiums at the new Deer Valley East Village, Tributer Bay in Mineral, Virginia, and more.

Job Overview:

Reef Capital Partners is seeking an experienced Purchasing Manager to join its interior design team. This role offers a unique opportunity for professional growth and development, as the Purchasing Manager will work under the Director of Design to oversee all aspects of purchasing while implementing best practices for an efficient purchasing process.

Responsibilities:

  • Establish a communication cadence with designers, project controllers, and financial and leadership teams regarding the purchasing pipeline, status, and payment schedule.
  • Collaborate with project controllers on financial reporting.
  • Participate in meetings with designers to assess project scope and strategize on the logistical aspects of procurement.
  • Assist the Director of Design in collaboration with designers related to Furniture, Fixtures, and Equipment (FF&E), ensuring seamless coordination. Provide oversight over product selections and ensure custom furniture shop drawings maintain quality standards.
  • Oversee and effectively communicate the entire ordering process from acknowledgment to final delivery and installation, including monitoring designers' and/or vendors' shipping, receiving, and storage.
  • Review and approve proposals and/or purchase orders prepared by designers and/or third-party purchasing agents.
  • Cultivate and sustain strategic vendor relationships on behalf of Reef, maintaining a database of interior vendors.
  • Conduct supplier research and ensure compliance with internal procedures, to facilitate smooth purchasing operations.
  • In coordination with the Director of Design, work with designers to resolve product availability issues, reselections, and changes.
  • Analyze initial furniture budgets, schedules, and contracts to strategize shipping, delivery, installation logistics, insurance requirements, and project timelines.
  • Provide regular updates to the Director of Design regarding project status and purchased items.
  • Collaborate with the accounting team to manage budgets, including reconciliation during the purchasing process and at project completion, to generate final project reports.

Requirements:

  • Bachelor's degree in Supply Chain Management, Business Management, or a closely related field or a similar role with equivalent work experience.
  • Proficiency in purchasing software systems would be ideal.
  • Skilled in developing processes to implement streamlined systems and communication channels, optimizing the specification and purchasing process, and reducing errors.
  • Able to establish, negotiate, and manage budgets and schedules in collaboration with the project team, designers, and vendors to ensure purchased goods are received and installed on time and budget.
  • Able to effectively manage shifting priorities to meet tight deadlines while ensuring positive internal and external relations.
  • The ability to review and advise on custom furniture design is preferred.
  • Established relationships with high-end manufacturers, galleries, work rooms, receiving houses, freight, delivery, and installation companies are preferred.

Company Benefits:

  • 401K plan with company match
  • Generous company health plan with $1,200 HSA match
  • Daily lunches at the office
  • Flexible paid time-off
  • Cell phone allowance
  • Discounts at company-owned properties

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