Purchasing Manager
3 days ago
Posted Friday, February 7, 2025 at 5:00 AM
Purchasing Manager
About Equiton:
Founded in 2015, Equiton is a recognized leader in private equity investments with 1 billion CAD in Assets Under Management (AUM). Our exponential growth is a direct outcome of our leadership team understanding how the industry works and how to create long-term wealth through real estate investing. We have discovered that finding the right opportunities involves time, experience, and discipline. Our strategy is always forward-looking, anticipating trends and adapting our selection to strengthen our market position, capitalizing on value creation opportunities, and building the most robust portfolio possible for our investors. We attract exceptionally talented people and create an atmosphere that rewards initiative, independent thinking, and integrity.
Our Culture:
At Equiton, our culture is the cornerstone of our success. We prioritize our people, recognizing their contributions by fostering an environment where initiative, integrity, and innovation thrive. With a commitment to employee well-being, continuous learning, and community engagement, we cultivate a dynamic workplace that empowers individuals to realize their full potential while driving our collective growth towards shared aspirations.
About the Position:
Reporting to the Director, Physical Resources, this newly created opportunity for a Purchasing Manager will oversee the entire procurement process, focusing on securing services that deliver the best value. You will develop and implement procurement strategies, manage supplier relationships, optimize supply chain operations, and ensure compliance with company policies. Additionally, you will collaborate with various departments to ensure procurement strategies align with overall organizational objectives.
This is an amazing opportunity for the right individual to begin building a Procurement Department from the ground up.
Key Functions and Responsibilities:
- Establish and carry out a full spectrum of procurement services including PO creation, Reporting, Vendor and Cost Management.
- Manage contracts with suppliers, ensuring the company can achieve cost reduction, quality assurance, and long-term partnerships; leverage volume concessions and development purchasing strategies across Canada.
- Provide training to business users on procurement platforms and logistics teams to maintain stock accuracy in the procurement system.
- Manage internal procurement system to ensure all costs and approvals are being tracked in accordance with policy.
- Partner with Operations team to effectively manage the supply of goods, ensuring cost efficiency and compliance with group procurement standards and policies.
- Cover FF&E, Facilities Management, Marketing, and Repair & Maintenance purchases; procure materials and services that meet quality standards.
- Manage vendors, procurement activities, and cost management.
- Monitor the suppliers' performance and recommend suggestions for improvement.
- Work with Operations, Store, and Logistics to review current practices and apply appropriate changes to the ever-changing airport environment.
- Provide support and analysis to Finance leadership to manage the procurement activities in Canada.
- Work on any ad-hoc projects and procurement assignments shared by senior leadership based on business needs.
Specific Duties:
- Maintain/track and review all telephone lines & internet services coming into each building, including:
- The number
- Location
- Purpose
- Provider
- Monthly amount
- Passwords/WEP/Network ID's
- Contract status
- Ensure tendering to achieve the lowest overall cost; combine lines where possible to eliminate redundancy.
- Maintain preventative maintenance contracts for various services and ensure they are fulfilled by contractors.
- Track due dates for annual fire inspections and manage related documentation.
- Negotiate and schedule annual cleaning services and maintain agreements for cleaning supplies and chemicals.
- Provide budget input on all procurement-related items annually.
- Manage appliance ordering and supplier accounts.
Required Skills and Abilities:
- Self-motivated, energetic, detail-oriented, and able to multi-task.
- Strong communication skills and ability to work independently.
- Proficiency in Microsoft Excel, Word, and Outlook.
- Previous experience with Yardi is an asset.
- Fundamental understanding of accounting principles.
- Ability to create and edit reports, providing accurate and detailed information to the department.
Education and Experience:
- University degree or College diploma in a related field.
Our Commitment to Diversity, Equity and Inclusion:
We are committed to fostering an inclusive and accessible experience where all employees feel valued, respected, and supported. We are an equal opportunity employer that values a culture reflecting and celebrating diversity of thought, background, and experience. If you require accommodation for any part of the recruitment process, please let us know.
Our Core Values:
- Rigorous adherence to a set of moral and ethical standards focused on respect, honesty, and fairness.
- Individual responsibility for delivering on commitments and being accountable for decisions and actions.
- Offering the highest level of professional expertise, quality service, and knowledgeable insights.
- Recognizing that customers are the reason for our success and fostering trusting, long-term relationships.
- Focusing on a growth mindset, continuous improvement, and recognizing that goals are achieved through dedication and hard work.
Please note that legal eligibility to work in Canada is a prerequisite for this role.
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