Manager, Corporate Contracts

Manager, Corporate Contracts Position Type: Full time Weekly Scheduled Hours: 40 State: Virginia City: Arlington Zip Code: 22203 Total Base Pay Range: $89,700.00 - $149,500.00 Overview Vivmark Residential exists to set the mark for what home can be. Formed through the merger of AvalonBay Communities and Equity Residential, Vivmark brings together two industry leaders with a shared commitment to excellence, innovation, and delivering exceptional living experiences. Our vision is to be the most trusted and best-performing rental housing company in America - one that continues to get better as it grows. And we're looking for people who want to help us do it. As an owner, developer, and manager of more than 180,000 apartment homes in major markets across the US, we have the scale to offer something most companies can't. At Vivmark, team members move up and across functions, markets, and disciplines, building lasting careers. We invest in team members’ growth, development, and capabilities that make them and us better, and we hold ourselves to the highest standard as an employer. The best people want to work here. We hope you're one of them. The Role This position is open to candidates located in either the Arlington, VA, or Chicago, IL, area. Position Overview The Manager, Corporate Contracts is responsible for the strategic sourcing, negotiation, and ongoing commercial management of an assigned portfolio of corporate supplier agreements. This manager-level individual contributor leads complex sourcing initiatives, negotiates favorable commercial terms, and drives measurable financial value, supplier performance, and risk management. Partnering with business leaders and cross-functional teams, including Legal and Finance, the Manager translates business needs into effective sourcing and contracting strategies that support organizational objectives. This role oversees the contract lifecycle from initial assessment and negotiation through implementation, performance management, and renewal while identifying opportunities to optimize spend, strengthen supplier relationships, and improve contracting processes. The current work schedule requires employees to be onsite Monday through Thursday, with the option to work remotely on Fridays. Essential Duties and 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. Required Qualifications Education Bachelor’s degree in Business Administration, Finance, Supply Chain Management, or a related field, or equivalent relevant professional experience. Experience Minimum of five (5) 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. Knowledge, Skills, and Abilities 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. Excellent negotiation, communication, and stakeholder management skills, with the ability to influence outcomes without direct authority. Strong 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. Preferred 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 (ERP) and source-to-pay systems. How Vivmark Supports You We know that our teams are the beating heart of our success and we’re committed to showing our appreciation. We offer A competitive benefits package that supports your health, financial well-being, and work-life balance, including medical, dental, and vision coverage, a 401(k) with company match, paid vacation and company holidays, and exclusive team member housing discounts. Additional Info Vivmark Residential is proud to be an equal opportunity employer and is committed to an inclusive and diverse work environment free of discrimination and harassment. We believe that in order to achieve our purpose of creating a better way to live, we must recruit, develop and retain associates with a wide range of backgrounds, experiences and perspectives and create an environment that encourages all voices to be heard, understood and appreciated. With this we know we can do great things. Vivmark Residential makes employment decisions without regard to a person’s race, ethnicity, color, religion, sex, national origin, sexual orientation, gender identity, pregnancy (including childbirth, lactation or related medical conditions), age, physical or mental disability, genetic information (including characteristics or testing), citizenship status, military or veteran status, or any other status protected by the law. Vivmark Residential will consider for employment qualified applicants with criminal histories in a manner consistent with requirements under the law. Applications are being accepted on an ongoing basis. Vivmark Residential does not require or request that you provide any information that identifies your age, date of birth, or dates of school attendance or graduation. Please redact this information prior to the submission of your application and/or leave these fields incomplete on your application. For California residents, if you elect to apply to Vivmark Residential you accept the Vivmark Residential California Personnel Privacy Notice No Fees Notice & Recruitment Fraud Disclaimer Vivmark Residential is aware that there is recruitment fraud activity whereby scammers impersonate Vivmark Residential and offer fake employment opportunities to candidates. These scammers often seek to obtain personal information or money from candidates. Please note that Vivmark Residential will never charge any candidate a registration fee, hiring fee, or any other fee in connection with its recruitment and hiring process. If you suspect that you are being contacted by a scammer impersonating our company, please report it immediately to our official HR Department View email address on click.appcast.io. #J-18808-Ljbffr Vivmark Residential