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About the Role

The Cost Manager on the Procurement team is responsible for supporting the optimization of indirect procurement and sourcing activities within Richemont's North American Maisons and Functions, while driving savings. This role requires a resourceful individual with strong relationship-building, analytical, and sourcing skills to assist in leading regional sourcing efforts and executing best practice purchasing principles.

Responsibilities

Lead the development, growth, and strategic management of comprehensive sourcing plans and projects within key spend areas, including luxury retail construction.
Expertly lead and optimize the vendor selection process across varied categories, including specialized suppliers for luxury retail construction.
Drive close collaboration with global Category Managers, Richemont Maisons, and Functions to implement and evolve procurement strategy, policy, and procedures.
Proactively identify and advance value-added opportunities with Maisons and Functions, enhancing procurement platform services.
Conduct in-depth market research, spend analysis, and supplier landscape assessments to identify opportunities for cost reduction, process improvement, and innovation.
Develop construction supplier/contractor database, maintaining feedback on performance, and cost data.
Lead procurement forums and deliver training to educate stakeholders on compliance requirements, strategic sourcing methodologies, and harmonization opportunities.
Strategically manage supplier performance reviews, including driving remediation efforts and leading re-negotiations.
Lead the identification and realization of strategic cost savings opportunities through category and spend analysis.
Develop and sustain a competitive advantage through supplier relationship management and the strategic application of best-in-class agreements.
Develop insightful team reporting based on advanced data analyses and present strategic findings and recommendations to leadership teams.
Champion the development of creative, value-focused, and innovative sourcing strategies aligned with business needs and market dynamics.
Continuously evaluate, drive, and implement innovative procurement process improvements.
Work closely across multiple business functions to streamline and optimize the procure-to-pay process cycle.
Support HQ Responsible Sourcing alignment with indirect supplier activity in the Americas region.
Align with Corporate Social Responsibility (CSR) objectives and integrate these principles into the RFx process.
Build and lead cross-functional partnerships to champion and promote procurement guiding principles with each Maison.

Requirements

Bachelor's degree in Supply Chain Management, Finance, Engineering, Construction Management, or a related field.
6+ years of progressive experience in strategic sourcing, procurement, or supply chain management, preferably within a luxury retail environment.
Proven expertise in leading complex RFx processes, advanced negotiation strategies, and comprehensive contract management, specifically within construction or real estate development.
Project management skills combined with an ability to work as part of a cross-functional team.
Strong Microsoft Office suite skills, with advanced proficiency in Excel and PowerPoint.
Specific experience in luxury retail real estate development or store design and construction.
Strong understanding and practical experience with quantity surveying principles and robust cost management in construction projects.
Professional certification (e.g., CPSM, CIPS, RICS for Quantity Surveying).
Experience with e-procurement platforms and ERP systems (e.g., SAP Ariba, Coupa).
In-depth knowledge of global trade regulations and international sourcing best practices.
Detailed oriented person, motivated in a fast-paced environment managing multiple activities.
Ability to work independently as well as in a team and complete assignments within established deadlines.
High level of integrity and dependability with a strong sense of urgency.
Results-orientated with a strong track record of overall execution.
Continually striving for improvement and efficiency.
Flexibility to adapt quickly to changing circumstances.
Comfortable working proactively in a challenging environment and capable of prioritizing with execution in a timely manner.
Ability to cultivate/maintain strong collaborative working relationships with the Maisons, Functions, multiple corporate levels, Richemont contacts and third-party partners.
Proactively troubleshoot with an ability to gather/analyze data from numerous sources, and interpret results into actionable steps supported by an analytical approach.
Excellent written and verbal communication, especially pertaining to vendor relationships, negotiations, Richemont communications.
Proven ability to influence others and drive meaningful improvements coupled with strong presentation skills.

Skills

Strategic Sourcing
Vendor Selection
RFx Events
Negotiation
Contract Management
Spend Analysis
Market Research
Supplier Relationship Management
Cost Management
Quantity Surveying
Data Analysis
Presentation Skills
Microsoft Office Suite
Excel
PowerPoint
e-procurement platforms
ERP systems
Global Trade Regulations
International Sourcing

Location

New York, NY
Shelton, CT
Dallas, TX
Mississauga, ON

Work Type

Full-time

Experience Level

6+ years of progressive experience in strategic sourcing, procurement, or supply chain management
Specific experience in luxury retail real estate development or store design and construction
Strong understanding and practical experience with quantity surveying principles and robust cost management in construction projects

Education Level

Bachelor's degree in Supply Chain Management, Finance, Engineering, Construction Management, or a related field.
Professional certification (e.g., CPSM, CIPS, RICS for Quantity Surveying).

Salary/Compensations

$125,000 - $140,000 annually

Benefits

Medical, dental, and vision programs
Health savings and flexible spending accounts
Life insurance
Disability benefits
401(k) with employer match
Paid time off
Wellness reimbursement benefit
Employee assistance program
Volunteer days off

About the Company

Richemont is one of the world leaders in the luxury sector, with Houses specializing in jewelry, watches, and high-end accessories.
Each Maison embodies a tradition of style, quality, and craftsmanship.
Richemont strives to preserve the heritage and identity specific to each of its Houses.
The company is committed to innovating and designing new products in line with the values of its Houses through permanent creativity.
Richemont Americas aspires to reflect the ever-changing world around us and is proud to employ talent from many different backgrounds, experiences, and identities.
They are building a continually evolving, inclusive community where the diversity of colleagues and clients is rich and celebrated.
They believe when inclusion is fully embraced and empowered, creativity and knowledge emerge to deliver excellence, advancing the community that is uniquely Richemont Americas.

Equal Opportunity

At Richemont Americas, we aspire to reflect the ever-changing world around us. We are proud to employ talent from many different backgrounds, experiences, and identities to build a continually evolving, inclusive community where the diversity of our colleagues and clients is rich and celebrated. We believe when inclusion is fully embraced and empowered, creativity and knowledge emerge to deliver excellence, advancing the community that is uniquely Richemont Americas.