What are the responsibilities and job description for the Business Analyst, Sourcing position at Equity Residential?
Job Description
The Procurement team of the Property Operations function is responsible for managing company expenses in the related categories determined by SVP of Procurement and Facilities. The main focus of the Sourcing, Business Analyst role is to assist and support the Sr. Director, Procurement and the broader Procurement and Property Operations teams in the administration and reporting of numerous property programs and projects, across all three business segments : new construction, renovation, and property management.
This position will be responsible for providing data and analysis for projects including the following : program start-ups, opportunity identification, detailed and quantitative analysis, recommendations, request for proposal creation, vendor selection and consolidation, program pilots, implementation, stabilization, measurement and tracking, program communication, and expense reporting. This position will support these programs on a day to day basis to ensure that they are running optimally and we are meeting our expense goals.
Some of the key responsibilities include : collecting, synthesizing, and reporting on external and internal program metrics; making decisions directly impacting program operations; preparing summary highlight presentations on the progress of key initiatives; conducting current-state analysis across designated expense and income categories; managing vendor relationships and expectations; auditing vendor compliance and invoicing; front-end involvement in cost-reduction initiatives; and direct impact on expense reduction.
WHO YOU ARE :
- Knowledgeable. Your background includes a combination of procurement, sourcing or project management, skills that you've built through both educational and professional experiences. You're comfortable with vendor negotiations, contract reviews, and making strategic recommendations to go-forward business plans. You are a strong Microsoft Excel user and know how to leverage its extensive capabilities, whether it be to analyze data, evaluate trends, or problem solve to achieve effective results.
- Organized and Accountable. You might like lists and checking things off. You take great notes and know how to prioritize competing projects and tasks to make the biggest impact. You ask lots of clarifying questions so that you can deliver on expectations.
- Flexible and Adaptable. You enjoy managing a lot of things at once and you don't mind jumping from one topic to the next. You are comfortable living in the grey and embrace change. You don't get stressed easily when there is more to do than time allows - you like the challenge!
- Talking is fun and writing is cool, too. Your writing and speaking skills are clear and effective, helping you connect well with others at all levels of the organization. You consistently know how to organize your communication concisely in order to successfully get your message across. To help effectively convey your analysis, findings, and results, you take pride in creating effective and aesthetically pleasing charts and graphs.
- People Person and Collaborator. You like people and being part of a team. You enjoy working with vendors, customers, and teammates alike. You like building relationships and appreciate the value that everyone brings to the table.
- Strategist. You like to balance the big picture with the details to come up with the best strategy. You're constantly thinking about how we can do it better and you love the art of figuring things out. You also like to plan with the right partners prior to taking action to ensure you are making the right move and have support from key stakeholders.
WHAT YOU'LL DO :
REQUIREMENTS & PREVIOUS EXPERIENCE :
About Us
Working for Equity Residential (EQR), a leading multi-family real estate investment trust (REIT), means living our purpose : creating communities where people thrive. It means striving to provide the best in apartment living, speaking boldly about new ideas for innovation, and inspiring creativity in the ways we work together.
Our portfolio of high-quality properties in urban growth markets - New York City, Boston, Washington DC, Seattle, San Francisco, Southern California, and Denver - provides homes where people most want to live, work and play. We've got the best people in the business, as evidenced by our employee engagement scores and customer loyalty ratings. That's why our employees say they are proud to work at Equity, a company that gives our residents a place where they can Live Remarkably, and offers a culture where our employees have the opportunity to thrive.
Equity Rewards
When you join Equity Residential, you won't be treated as simply another employee - you will be considered a partner in our shared success. As such, we are committed to investing in your personal success through a benefits program that supports your Total Wellbeing.
We recognize that everyone has different needs outside of work. That's why, in addition to a competitive benefits package (medical, dental, vision and paid time off), we offer many unique benefits options to employees, like a comprehensive wellness program, pet insurance, new parent benefits, and paid time off for community service projects. In addition to your next job, you can also find your next home with us! Rent discounts on Equity Residential apartment homes are available to our benefits-eligible employees. The amount of the discount offered is determined based on the market, ranging upwards from 20%. Learn more about our Total Wellbeing program here.
Equity Values
At Equity Residential, like our residents, our employees come from everywhere. A richly diverse work environment captures top talent, cultivates the best ideas, and creates the widest possible platform for success. By focusing on inclusion, these differences are harnessed to create value - in ideas, business practices, relationships, and employee engagement. As an Equal Opportunity Employer, we are committed to maintaining a diverse, inclusive and equitable work environment where our employees can thrive.
All aspects of the employment process are merit-based. Every Equity employee is expected to maintain a work environment that is free from discrimination and harassment. Equity Residential does not discriminate against any employee or job applicant because of race, religion, color, creed, sex, sexual orientation, gender, sexual / gender identity / expression, age, pregnancy (including childbirth, lactation or related medical conditions), physical or mental disability, national origin, citizenship status, military (including uniformed service member or protected veteran) status, marital status, genetic characteristic or information, ancestry or any other characteristic protected by law. Equity Residential also prohibits retaliation against individuals who report harassment or discrimination, or participate in investigations into such conduct.
