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Director Of Pricing & Procurement

Company

Mynd

Address United States
Employment type FULL_TIME
Salary
Category Real Estate
Expires 2023-05-14
Posted at 1 year ago
Job Description
About Mynd:


Mynd is a tech-enabled real estate company serving the $85B+ property management and real estate investment market. In the past few years, consumers have gained access to free stock trades, greater transparency in the mortgage market, and apps that make managing their money more convenient. Yet real estate investment, the most powerful tool for building generational wealth, has largely been the purview of wealthier individuals and professional money managers.


Mynd is determined to overhaul that paradigm.


At Mynd, we’re on a mission to democratize access to happy homes and sustainable investments by making the purchase of single-family residential real estate as effortless as other types of investments. Investing in real estate can be intimidating, especially for first-time buyers. Moreover, many potential investors don’t want to buy real estate in their geographic area, or have been priced out of competitive big city housing markets.


With operations in 25 markets across the U.S. and real-time insights via our platform, we remove the time, communication, and geographic barriers traditionally associated with buying real estate. Investors can now find, purchase, lease, manage, and sell single-family rental properties 100 percent remotely.


Mynd is Best Places to Work certified, a Built In SF Best Places to Work 2022 winner, and was named the #1 fastest-growing East Bay company by the San Francisco Business Times in 2021. We’ve attracted talent from Starwood Waypoint Homes, The New York Times, McKinsey, BCG, Compass, Better, One Medical, Zillow, Upwork, WeWork, and Facebook. We’re backed by top VCs, including Lightspeed, Canaan, Jackson Square, and QED, and recently announced a $5 billion deal with Invesco Real Estate that will make us the largest buyer of single-family rental homes in the country.


Join us!


About the Role:


This position is responsible for negotiating purchasing contracts for labor, supplies and materials from national distributors, manufacturers and General Contractors. Developing and maintaining standard stocking plans for field personnel and monitoring effectiveness of the distribution networks will be a critical portion of this role. Utilizes data analytics to determine appropriate products for homes under management and forecasting stocking levels both internally and with suppliers to ensure that supply chain issues are addressed in advance of the need. Monitors labor rates across all markets and adjusts as necessary for successful completion of projects across all sectors of the company. Works cross functionally with Sales, Property Management, Vendor Management and field teams to identify product needs and anticipates changes to satisfy the needs of the customer. This position will be the driver behind capitalizing on supplier rebate programs.


Responsibilities:


  • Analyzes product usage to determine appropriate stocking levels both internally and externally.
  • Monitors the usage of inventory systems to identify potential shortfalls. Works cross functionally with field teams to correct inefficiencies and misuse of the technology.
  • Works with large suppliers and manufacturers to determine potential supply chain issues and institutes alternatives in advance of shortages.
  • Develops standard materials lists for repairs and renovations of the properties under management. Sources suppliers and distributors for those materials at competitive prices.
  • Determines best local suppliers of product in conjunction with the Vendor Management Team.
  • Performs or directs intermittent inventory counts and reconciliations as needed.
  • Negotiates with manufacturers and suppliers for rebate programs.


Qualifications:


  • Positive, can-do attitude with a dedication to excellence and achieving goals
  • Excellent communication skills, both verbal and written
  • 10 years with progressive work experience, 3 years in a similar position leading a team coordinating large projects with multiple stakeholders and deliverables
  • Proven ability to successfully design and implement purchasing and distribution networks on a Nationally scaled level.
  • Can work effectively solo, and as a member of various teams and committees, with minimum supervision
  • Tech savvy with ability to learn and use systems for tracking, scheduling and communications
  • Experience in the Single Family Residential industry is a must.
  • Excellent problem solving skills with attention to detail
  • Demonstrated success in a high growth, operationally intense environment
  • Ability to prioritize, multitask and efficiently manage one's schedule
  • Must be able to travel as needed.
  • Ability to review, understand and put into effect standards and procedure documents
  • Bachelor’s Degree in accounting, data analytics or other related discipline
  • Must have experience with SupplyWare, Renowalk and other industry leading software.


Any offer of employment is conditioned upon the successful completion of a background investigation.


Other Duties:


Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice.


At Mynd, we offer a robust, competitive & unique benefits package:


  • Volunteer time off
  • Paid Parental Leave
  • Sabbatical program
  • Unlimited time off
  • Wellness, home office, and cell phone subsidies
  • Eligible to participate in Mynd’s equity program
  • Cash to purchase your own investment property through our “Project Investor Myndset” program
  • 13 Paid holidays
  • Robust health, dental, vision insurance, and more
  • 401k + Match


At Mynd, we encourage all of our team members to:


  • Think Like An Investor
  • Play Team First
  • Be an ‘A’ Player
  • Earn Trust
  • Be Myndful
  • Always Be Entrepreneurial


As part of our dedication to diversity, Mynd is an Equal Opportunity Employer. Individuals seeking employment at Mynd are considered without regard to race, ethnicity, color, age, sex, religion, national origin, ancestry, pregnancy, sexual orientation, gender identity, gender expression, genetic information, physical or mental disability, registered domestic partner status, caregiver status, marital status, veteran or military status, citizenship status, or any other legally protected category.