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SENIOR PURCHASING & ESTIMATING at Tidewater Finance Company – Virginia Beach, Virginia

Tidewater Finance Company
Virginia Beach, Virginia, 23464, United States
Posted on
Updated on
Salary:$85000 - $95000

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About This Position

Position Summary

The Senior Purchasing Manager serves as the direct second-in-command of the Purchasing Department. This role supports the VP of Purchasing by overseeing all day-to-day purchasing functions, managing staff, enforcing consistency across divisions, and ensuring accuracy in all purchasing data, pricing, and contracts. The Senior Purchasing Manager leads process improvement, drives cost efficiency, and supports cross-department alignment with construction, sales, design, and accounting.

This position is designed to absorb operational workload from the VP, train and develop the team, maintain executional excellence, and step into division-level leadership when needed.

Core Responsibilities

Leadership, Training & Department Oversight

  • Lead, train, and mentor Purchasing Managers to ensure consistency in processes, procedures, documentation, and vendor communication.
  • Audit Purchasing Manager files, contracts, budgets, take-offs, and pricing for accuracy, completeness, and adherence to company standards.
  • Monitor staff workload and performance; provide ongoing coaching and accountability.
  • Serve as escalation point for vendors, internal departments, and purchasing staff.
  • Vendor Management & Contract Administration

  • Oversee vetting, onboarding, and compliance documentation for all subcontractors and vendors.
  • Review scopes of work, vendor sub-agreements, COIs, insurance requirements, and licensing for accuracy and compliance.
  • Maintain strong relationships with trade partners; support quarterly and annual vendor meetings.
  • Review and troubleshoot VPOs, identifying cost errors, budget gaps, and cost-saving opportunities.
  • Bidding, Pricing & Cost Control

  • Help Lead bid preparation, distribution, evaluation, and award recommendations.
  • Help Oversee and maintain contracts, unit pricing, schedules, assemblies, material lists, and community pricing structures.
  • Conduct periodic price reviews and help shop new vendors to drive competitive pricing.
  • Analyze option sales, profitability, and margins; prepare reports for senior management with recommendations.
  • Plan, Model, & Community Setup

  • Create and set up new communities, plan series, and models across divisions.
  • Ensure all options, standards, elevations, upgrades, and pricing remain consistent across divisions.
  • Create and control specification sheets for sales, design, and operations with the help of the division MGR and field staff.
  • Review architectural plans, quantities, and take-offs to ensure accuracy.
  • Design Center & Cross-Department Collaboration

  • Work closely with Design Centers to ensure all product information, offerings, and pricing are current and consistent.
  • Coordinate with sales, construction, and architecture to resolve scope issues, quantity discrepancies, and special requests.
  • Facilitate the purchase of long-lead items such as trusses, cabinets, flooring, doors/trim, and appliances according to schedule.
  • Start Management & Operational Support

  • Review and analyze new home starts for all communities.
  • Help Manage processing of custom options, ensuring accuracy, margin protection, and timely turnaround.
  • Assist accounting with payables discrepancies and monthly cost audits.
  • Review budget-versus-actual performance for closed homes and analyze trends to improve accuracy.
  • Reporting, Analysis & Strategic Support

  • Generate spend reports, variance analysis, and cost-saving reports for leadership.
  • Identify operational inefficiencies and implement improved processes, tools, and standards.
  • Lead special projects assigned by senior leadership, including cost studies, new material evaluations, and division wide purchasing initiatives.
  • Division-Level Leadership Flexibility

  • Provide backup leadership for Division Purchasing Managers as needed.
  • Capable of stepping into a full Division Purchasing Manager role during vacations, absences, or leadership gaps.
  • Travel to company divisions as needed to support operations and team leadership.
  • Education / Experience / Skills

  • Bachelor’s degree in construction management, business, or related field preferred.
  • 7–12+ years of residential homebuilding purchasing, estimating, or construction experience.
  • Proven leadership and team-management ability.
  • Strong understanding of residential building processes from land development through vertical construction.
  • Skilled in reading plans, verifying quantities, and identifying cost and scope gaps.
  • Excellent communication and vendor-relations skills.
  • High attention to detail and strong organizational ability.
  • Proficiency in Microsoft Excel, Word, Outlook, and Teams.
  • Experience with integrated homebuilding systems (IHMS/ITK preferred).
  • Ability to work in a fast-paced environment and manage multiple priorities effectively.
  • Job Location

    Virginia Beach, Virginia, 23464, United States
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    Job Location

    This job is located in the Virginia Beach, Virginia, 23464, United States region.

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