Sr. Manager Of Purchasing

JOB RESPONSIBILITIES:

Leads strategic sourcing and procurement for, and implementation of, key categories and processes associated with new store, relocation, remodel and special projects. Responsible for key financial functions associated with Purchasing, and sourcing and procurement for certain enterprise wide categories.

• Manage direct reports who own the tactical functions associated with new stores, remodels, and special projects programs.

• Manage relationships with key vendor partners, including ensuring that day-to-day deliverables are being met (quality/scope/cost/schedule), including delivering best value.

• Negotiate and institute master services and/ or purchasing agreements and renewals with key suppliers.

• Work directly with Legal Department on refining and executing the terms and conditions of all master services and/ or purchasing agreements.

• Proactively lead cost and process optimization related to strategic sourcing and procurement of assigned categories.

• Prepare, negotiate and place annual and supplemental purchases with key suppliers for all Fixtures, Furnishing & Equipment required to support store expansion, special projects, and existing stores.

• Participate in the development of specifications for Fixtures, Furnishings & Equipment.

• Utilize creative thinking to develop strategies and programs to drive cost containment and reduction, and process improvements.

• Provide detailed reports and data associated with core responsibilities to key internal leadership to assist in their decision-making processes.

• Periodically vet incumbent relationships versus the market to ensure current prices are competitive, and programs and processes deliver maximum efficiencies.

• Track, document and report projected savings and ensure that savings are realized after goods and services are delivered.

• Collaborate with other department leaders and teams to identify sourcing initiatives and procurement opportunities to improve efficiencies and reduce costs enterprise wide.

• Support Finance Department with maintaining SOX Compliance, periodic inventories, tracking purchase obligations and other key information to support annual 10-K filings.

• Work with Finance on accruals to reconcile monthly spend for existing store supply spend, operating and capital cost.

QUALIFICATIONS:

• 5-7 years of relevant experience sourcing for and procuring indirect spend categories (fixture and equipment categories experience preferred)

• Bachelor’s Degree or equivalent professional experience preferred

• Strong data and financial analysis skills required

• Advanced knowledge of Microsoft Office applications required (Word, Excel, Power Point), familiarity with enterprise or construction project management software systems (Sitefolio, Tririga, Expesite, Lucernex, On Base) preferred.

• Highly organized, self-motivated, independent thinker who works with minimal direction

• High degree of professionalism including strong work ethic, the initiative to research and vet opportunities independently and contributes to a collegial and collaborative work environment

At Five Below our growth is a result of the people who embrace our purpose: We know life is way better when you are free to Let Go & Have Fun in an amazing experience, filled with unlimited possibilities, priced so low, you can always say yes to the newest, coolest stuff! Just ask any of our over 17,000 associates who work at Five Below and they’ll tell you there’s no other place like it. It all starts with our purpose and then, The Five Below Way, which is our values and behaviors that each and every associate believes in.

It’s all about culture at Five Below, making this a place that can inspire you as much as you inspire us with big ideas, super energy, passion, and the ability to make the workplace a WOWplace!

If you like wild growth and working with happy, enthusiastic over-achievers, you'll enjoy your career with us!

Five Below is an Equal Opportunity Employer.

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