Title: Senior Procurement Analyst
Department: Purchasing & Estimating
Reports to: Manager of Purchasing Estimating
FLSA Status: Exempt
Location: Fargo, ND HQ
Position Summary:
The Senior Procurement Analyst will work both independently and cross departmentally in maintaining, analyzing, and communicating the company’s cost of products, materials, services and investments. With this information and understanding, you play a pivotal role in enhancing the company’s profitability and providing data-driven insights to stakeholders supporting strategic direction of the organization and operational optimization.
A day in the life of a Senior Procurement Analyst at Thomsen Homes:
- Financial Analysis: Conducts comprehensive financial analysis and modeling of materials and labor used during construction, takeoffs, plan layouts along with contract terms for risks, trends, and opportunities.
- Forecasting and Budgeting: Collaborate with cross-functional teams to help develop budgets and forecasts. Analyze historical data, market trends, option pricing, and business assumptions to provide accurate and reliable financial projections.
- Performance Tracking: Assists with creating, maintaining, and reporting of KPI’s, projections and status of ongoing projects and identifies areas of improvement. Includes tracking, maintaining, and proactive approach to rebate programs.
- Reporting and Presentations: Prepare regular reports and presentations for the Manager and Director of the department as well as projects directly from executive leadership. Present complex financial analysis and insights in a clear and concise manner to facilitate informed decision-making.
- Process Improvement: Identify opportunities to streamline processes, enhance data accuracy, and improve overall efficiency. Implement best practices and leverage technology tools to optimize workflows and reporting capabilities.
- Team Collaboration: Collaborate with cross-functional teams to gather data and insights. Work closely with team members to align goals, share knowledge, and support strategic initiatives.
- Market Research: Stay up-to-date with market trends, competitor analysis, and demographic data relevant to the single-family homebuilding industry. Conduct research on market demand and pricing trends.
- Bid & House Plan Updates and Reviews: Assists in verification of completeness and accuracy of bids. Ensures deleted plan offerings are removed and new plans are implemented throughout company systems and processes.
- ERP Assistance: Works with Department Manager who is on ERP Implementation Committee to fulfill data mapping needs, data cleansing, process changes and other go live requirements. Continued involvement post go live for data and process creation and enhancements.
Requirements:
- Education: bachelor’s degree in finance, Business Administration, Economics, or a related field. Master’s degree or CFA designation is a plus.
- Experience: Minimum of 5 years of relevant experience in financial analysis and investment evaluation, or similar experience. Experience in the real estate or homebuilding industry is highly preferred. Management Experience preferred of 1-2 years of 2 or more direct reports minimum.
- Analytical Skills: Strong quantitative and analytical skills with the ability to collect, analyze, and interpret complex financial and market data. Proficient in financial modeling and forecasting techniques.
- Industry Knowledge: Solid understanding of the single-family homebuilding industry, including market dynamics, pricing trends, regulatory environment, and construction processes.
- Financial Acumen: Demonstrated expertise in financial analysis, budgeting, and forecasting. Familiarity with financial metrics, ROI analysis, and capital allocation strategies.
- Communication Skills: Excellent written and verbal communication skills with the ability to present complex concepts to diverse audiences. Strong interpersonal skills to collaborate effectively with cross-functional teams and build relationships with stakeholders.
- Attention to Detail: Meticulous attention to detail with a focus on accuracy and data integrity. Ability to identify anomalies, errors, and inconsistencies in financial and market data.
- Technology Proficiency: Proficient in financial analysis software, Microsoft Excel, and other relevant tools. Experience with data visualization and business intelligence tools is a plus.
- Problem-Solving Abilities: Strong problem-solving and critical-thinking skills to identify issues, evaluate alternatives, and propose effective solutions. Ability to work in a fast-paced environment and manage multiple priorities simultaneously.
Work Environment:
- Option to hybrid work remote after successful onboarding completion: Required successful minimum 1 year in office prior to discussing option of hybrid work remote change.
- Travel required to All Company meetings (1x month), required meetings at HQ as needed.
- May require local travel for sub-contractor or vendor negotiation meetings.
- Prolonged periods sitting at a desk and working on a computer.
