Toll Brothers

Vice President, Purchasing

Toll Brothers • $120K — $150K *
Charleston, SC 29412In-Person
Real Estate & Construction
5 - 7 years of experience
More than 3 months ago
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Business Administration, Construction Management, or Supply Chain Management (or equivalent experience)
  • 7+ years of experience in contracting and negotiation for residential homebuilders
  • Strong knowledge of residential construction and purchasing activities
  • Experience in managing contract processes with diverse stakeholders
  • Strong negotiation, estimating, and budgeting skills
  • Working knowledge of Microsoft Office, with a focus on Excel; familiarity with E1 and BuildPro is a plus
  • Experience with Energy Star, Green Building standards, and sustainability practices

Responsibilities

  • Recruit, evaluate, and develop a high-performing Division Purchasing Team
  • Ensure compliance with national and divisional purchasing policies
  • Build relationships with trade partners to achieve quality and cost objectives
  • Communicate material availability, cost fluctuations, and risks to the leadership team
  • Lead initiatives for cost improvement while balancing quality and aesthetics
  • Prepare cost forecasts for feasibility studies for new community developments
  • Provide monthly cost fluctuation updates to the Division President
  • Develop quarterly and annual cost-saving strategies aligned with business goals

Benefits

  • Comprehensive medical and dental insurance
  • 401(k) plan with company match
  • Discounted stock purchase options
  • Discounts on mortgages and home purchases
  • Discounts on household appliances and more
Full Job Description
Overview

Toll Brothers, America's builder of luxury homes, is seeking a Vice President, Purchasing to oversee vendor and subcontractor relations and management of all related contracts in our division located in Charleston, South Carolina.

This position will be on-site 5 days per week.

The Vice President, Purchasing is a senior level manager and an integral part of the division leadership team. They oversee the purchasing function and are accountable for all aspects of divisional purchasing to include: strategy development/implementation, negotiating, executing trade partner contracts, supporting the development of new architecture and options through value engineering and cost feasibility estimates, collaboration with the other Division leaders to ensure that the Purchasing strategy and goals are properly aligned. This role will ensure compliance with our National Purchasing policies, specifications and scopes of work.

Key Responsibilities:
  • Responsible for recruiting, evaluating, hiring, training, developing, and retaining a productive and highly engaged Division Purchasing Team
  • Implement and comply with National and Divisional policies and controls
  • Build and maintain effective relationships with trade partners to ensure that cost strategy and production quality goals are achieved in line with sales goals and demand
  • Anticipate and communicate cost fluctuation, trade partner risk, material availability, and commodity trends to the Division leadership team along with the impact that these factors may have on the Division's business plan
  • Lead value engineering efforts to identify areas for cost improvement while maintaining a balance of high quality and design aesthetics
  • Provide cost forecasts for feasibility studies related to new communities in support of Division expansion
  • Provide Division President with monthly update on cost fluctuations by plan by community along with the details which drove the cost savings / increase
  • Develop and implement quarterly and annual cost saving strategies which are aligned with achieving the Division's business plan
  • Achieve a high degree of transparency through an unbundled / unitized contracting approach
  • Drive contract accuracy and timely completion through a regular review of completion cost vs contracted cost. Ensure contract updates are made in a timely manner and communicated accordingly
  • Ensure collaboration with the Design Studio Manager to drive SKU level optimization while meeting our buyers needs with the goal of leveraging cost saving strategies to improve margin growth

Qualifications

Does this describe you?
  • 4-year degree or higher; MBA desirable or equivalent senior level industry experience
  • Solid knowledge of major activities associated with residential construction and purchasing
  • Working knowledge of E1 and BuildPro software a plus
  • Proven track record of managing complex processes with diverse groups of stakeholders
  • Experience communicating with senior leaders
  • Strategic planning and organizing skills
  • Strong estimating, takeoff and budgeting skills
  • Strong negotiation skills
  • Strong self-organization skills
  • Strong people managerial skills
  • Experience with Energy Star requirements, Green Building concepts, sustainability, etc.


Do you have these qualifications?
  • Essential:
    • Bachelor's Degree in Business Administration, Construction Management, or Supply Chain Management (or extensive experience in the residential home building industry)
    • 7+ years of experience in contracting and negotiating residential homebuilder subcontractor contracts/building materials/supply chain management
    • Working knowledge of Microsoft Office programs, specifically Excel, and aptitude to learn new software programs (E1)
  • Preferred:
    • Master's Degree in Business Administration
    • Experience with EnterpriseOne (E1) and BuildPro software
    • Experience with Energy Star requirements, Green Building concepts, sustainability, etc.
    • Proficient in Microsoft software applications (Excel, Word, PowerPoint, Outlook)


We offer an excellent benefits package, including comprehensive medical/dental, 401(k), discounted stock purchase, discounts on mortgages, homes, appliances, and much more!

APPLY ONLINE TODAY!

#LI-Onsite

About Toll Brothers

Toll Brothers create and sell construction homes. Their residential communities provide traditional residences and active living communities. Their online sales consultants assist in your home search, about the community, and schedule a virtual appointment.

Toll Brothers Careers

Join the esteemed team at Toll Brothers, America's leading builder of luxury homes, and be part of a company known for its unwavering commitment to quality and customer satisfaction. At Toll Brothers, we offer more than just job opportunities; we provide a pathway to a fulfilling career in the homebuilding industry, enriched with diversity training and leadership development.

Work You’ll Do

Embark on a career journey with Toll Brothers and contribute to our mission of crafting dream homes across the nation. Our team benefits from a culture that values innovation, growth, and professional excellence. Whether you're looking to advance in construction management, design, sales, or customer service, Toll Brothers offers a variety of positions that could match your skills and ambitions.

Innovative Work

At Toll Brothers, innovation is at the core of everything we do. Join our team and leverage cutting-edge technology and sustainable practices to redefine luxury living. With projects that span across the country, your work at Toll Brothers will not only challenge you professionally but also contribute to shaping the future of American housing.

Be Part of a Great Team

Our employees are our greatest asset, and we pride ourselves on creating a supportive and dynamic work environment. The culture at Toll Brothers encourages teamwork, leadership, and continuous learning through professional development and mentorship programs. By joining our team, you'll collaborate with industry experts and gain invaluable networking opportunities that foster career growth and personal development.

Future-Proof Your Career

Toll Brothers is dedicated to the growth and development of its employees. We offer robust training programs, including leadership development and diversity training, to ensure you are well-equipped to meet the challenges of today and tomorrow. With Toll Brothers, your career is in your hands, and the opportunities for advancement are abundant.

Explore Job Opportunities and Internships

Whether you're a seasoned professional seeking to elevate your career or a recent graduate looking for an internship, Toll Brothers has opportunities that can lead to rewarding employment. Our hiring process is designed to identify and attract individuals who are passionate, curious, and driven to excel in their respective fields.

Stay Connected

- **Join Our Team**: Search open positions that align with your skills and interests. We are constantly on the lookout for creative, solution-driven team players who are ready to make a significant impact. - **Keep Up to Date**: Stay ahead with career tips, insider perspectives, and industry-leading insights you can put to use today—all from the people who work here. - **Job Alert Emails**: Customize your subscription to receive job alerts, the latest news, and insider tips tailored to your preferences. Discover the exciting and rewarding opportunities that await at Toll Brothers. At Toll Brothers, we are not just building homes; we are building careers. Join us and become part of a legacy of luxury, quality, and innovation.
Learn more about Toll Brothers
Size
5,100 employees
Market Cap
$5.7 billion
Industry
Real Estate & Construction
Net Income
$486.2 million
Founded
1967
5 Year Trend
+12.1%
Revenue
$7.3 billion
NASDAQ
TOL
* Ladders Estimates

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