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AvalonBay Communities

REIT developing, acquiring, managing apartment communities

Manager Corporate Contracts

Procurement & SourcingConfirmed live in the last 24 hours
Full-time$89.7k - $149.5k

About the Job

Requirements

  • A bachelor's degree in Business Administration, Finance, Supply Chain Management, or a related field, or equivalent relevant professional experience.
  • At least five years of progressively responsible experience in procurement, strategic sourcing, or commercial contract management.
  • Demonstrated experience negotiating and managing complex corporate supplier agreements.
  • Proven ability to lead cross-functional initiatives, influence senior stakeholders, and deliver measurable financial or service improvements.
  • Strong knowledge of strategic sourcing, commercial negotiations, contract lifecycle management, and supplier relationship management.
  • Ability to evaluate contractual terms, assess commercial and financial risks, and identify issues requiring Legal or specialist review.
  • Strong analytical and financial skills, including spend analysis, pricing evaluation, total cost of ownership, and savings validation.
  • Negotiation, communication, and stakeholder management skills, with the ability to influence outcomes without direct authority.
  • Project management, organizational, and problem-solving skills, with the ability to manage multiple complex agreements and competing deadlines.
  • Proficiency in Microsoft Excel, PowerPoint, Word, and Teams, along with experience using contract management, sourcing, or procurement systems.
  • Sound business judgment, attention to detail, and discretion when handling confidential information.
  • Ability to work collaboratively across business functions, manage competing priorities, and support process improvement and organizational change.

Responsibilities

  • Develop and execute sourcing and contract management strategies for an assigned portfolio, including renewal planning, supplier consolidation, and standardization of commercial terms.
  • Lead complex sourcing initiatives, including requests for information and proposals, supplier evaluations, total cost of ownership analysis, and recommendations for supplier selection.
  • Collaborate with business stakeholders to define requirements, scopes of work, deliverables, service levels, acceptance criteria, and implementation expectations.
  • Lead commercial negotiations for master agreements, statements of work, amendments, and renewals, addressing pricing, payment terms, incentives, and other key contractual provisions.
  • Review and develop commercial contract language using approved templates, partnering with Legal and other internal teams to address contractual, financial, privacy, insurance, and information security risks.
  • Manage the contract lifecycle, including intake, review, approvals, amendments, renewal deadlines, and closeout, ensuring accurate documentation and records within contract management systems.
  • Analyze supplier spend, market conditions, pricing, and demand to identify cost-saving opportunities, improve purchasing leverage, and evaluate supplier consolidation strategies.
  • Develop business cases and executive recommendations outlining financial impact, commercial considerations, potential risks, and implementation requirements.
  • Partner with Finance to validate savings opportunities, monitor negotiated pricing and financial commitments, and distinguish realized savings from cost avoidance.
  • Monitor supplier performance, contractual obligations, rebates, credits, and other financial commitments; investigate discrepancies and coordinate corrective action as needed.
  • Establish supplier performance metrics and lead business reviews with stakeholders to address service concerns, resolve escalated issues, and improve supplier outcomes.
  • Lead supplier implementation and transition activities, ensuring contracted terms are incorporated into purchasing and payment processes and adopted by relevant stakeholders.
  • Identify and implement improvements to contracting workflows, reporting, and standard practices to increase efficiency, consistency, and compliance with established policies.
  • Provide subject matter expertise and guidance to procurement colleagues on strategic sourcing, commercial negotiations, and contract management best practices.

Desired Qualifications

  • Experience managing corporate or indirect procurement agreements across multiple business functions within a large, decentralized organization.
  • Experience in the multifamily housing, real estate, or hospitality industry.
  • Experience leading supplier consolidation initiatives, standardizing commercial terms, or supporting organizational integration.
  • Familiarity with enterprise resource planning and source-to-pay systems.

About the Company

AvalonBay Communities

REIT developing, acquiring, managing apartment communities

AvalonBay is a REIT focused on developing, redeveloping, acquiring, and managing multifamily apartment communities in the United States. It generates revenue mainly from rental income and uses vertical integration by acting as its own general contractor to control construction costs and quality. The company differentiates itself through tight control of the construction process and strong asset management and customer service in well-located markets with high barriers to entry. Its goal is to provide stable and growing returns to investors by building and operating a high-quality, diversified portfolio of apartment communities in economically strong markets.

Company size
1-10
Company stage
IPO
Headquarters
Arlington County, VA
Founded
1978

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