Company Overview:
Founded in 1892, B. F. Saul Company has been one of the most successful privately-owned real estate companies in the United States. Our growth has been the results of a commitment to exacting standards and the belief that knowledge of the marketplace, when paired with the ability to commit to substantial resources, will bring exceptional rewards. B. F. Saul Company has a variety of skilled professionals within the following operating divisions, Property Management, Leasing, Hospitality Group, Residential, Insurance, Construction & Development. The B. F. Saul Company concentrates on ownership, development, and construction of commercial real estate.
The Corporate Manager, Procurement and Cost Analysis is responsible for the review, negotiation, and management of contracts and agreements as well as the coordination and management of projects for the Hospitality Group, with a specific focus on cost saving initiatives. This person works closely with fellow corporate team members and field management through each phase of assigned projects and leads the efforts across the Hospitality Group to drive cost efficiencies and vendor relations.
Responsibilities will vary based on operational needs with a specific focus on contracts and agreements including effectively maintaining contracts. vendor relations and budgeting support. Each set of six months’ goals will be updated to identify major responsibilities for the position during that time period.
As this position splits its focus between procurement and project management, the goals from one time period to the next may vary significantly. With each project, specific core requirements will remain the same.
Summary of Competitive Benefits & Perks:
- Health/Medical Insurance including Dental and Vision
- 401(k) with company match
- Paid time off
- Bonus/Target Incentive
- Tuition Reimbursement
- Complimentary usage of modern in-house fitness center
- On-premise full-service dining center discounts
- Discounts via the company’s EAP
- Monthly Employee Recognition Programs
- Referral bonus
- Pre-tax transportation options
- Plus more!
Procurement and Cost Analysis:
- Maintain contracts and vendor relationships to ensure proper compliance by vendors and the B. F. Saul Hospitality Group.
- Communicate with key stakeholders and the Hotel General Managers on contracts, requirements, key impacts enabling proper execution and expectations.
- Negotiate contracts using multiple vendors to find the best option for the long-term good of the company.
- Establish strategic purchasing programs and procedures and monitors utilization with the use of BirchStreet.
- Continuously seeks opportunities to create alternative revenue streams and/or implements programs that impact GOP.
- Special focus on utility rates and contracts including awareness of current market conditions and futures market.
- Leads Procurement meetings and uses advanced knowledge to discuss vendor performance gaps and establishes corrective actions.
- Contributes to capital and operating budgets yearly.
- Maintains an accurate contract database that is consistently reviewed to ensure renewals are executed on time.
- Community and industry involvement that enhances his/her professional network and benefits the strategic interest of the B. F. Saul Hospitality Group.
Project Management:
- Coordination of the scope, design and timing of each major project with Assistant Vice President of Hotel Performance Support and all other relevant stakeholders (e.g. Vice President of Operations, Regional Directors, Corporate Director of Food & Beverage, General Managers, third party consultants and business partners).
- Communication of project status effectively to the appropriate corporate staff members and Hotel General Managers.
- Assembling appropriate supporting documentation for each project.
- Effective troubleshooting and problem solving of each phase of project development and implementation across all relevant projects
Position Requirements:
- Minimum of 3-5 years relevant experience
- Bachelor’s Degree, preferably in Hospitality Management or Business
The actual base pay offered is determined by several variables, including, as appropriate, the applicant's qualifications for the position, years of relevant experience, distinctive skills, level of education attained, certifications or other professional licenses held. Base pay is one component of B. F. Saul Company & Affiliates total compensation package, which also includes access to or eligibility for healthcare benefits, a 401(k) plan, short-term and long-term disability coverage, basic life insurance, bonus plans and more.
B. F. Saul Company is proud to be an equal opportunity workplace. We foster an environment that recognizes employees’ unique skillsets and ensure that all employees have an equal opportunity to grow and advance.
If you are a candidate in need of assistance or an accommodation in the application process, please contact [email protected] or 301-986-6000.
Equal Opportunity Employer/Veterans/Disabled
Top Skills
What We Do
Founded in 1892, B. F. Saul Company has been one of the most successful privately-owned real estate companies in the United States. Our growth has been the result of a commitment to exacting standards and the belief that knowledge of the marketplace, when paired with the ability to commit substantial resources, will bring exceptional rewards.
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