Job Posting:

Since 1953, Ferguson has been a source of quality supplies for a variety of industries. Together We Build Better infrastructure, better homes and better businesses. We exist to make our customers’ complex projects simple, successful, and sustainable. We proactively solve problems, adapt and grow to continuously serve our customers, communities and each other. Ferguson is proud to provide best-in-class products, service and capabilities across the following industries: Commercial/Mechanical, Facilities Supply, Fire and Fabrication, HVAC, Industrial, Residential Trade, Residential Building and Remodel, Waterworks and Residential Digital Commerce. Ferguson has approximately 36,000 associates across 1,700 locations. Ferguson is a community of proud associates who operate with the shared purpose of building something meaningful. You will build a career that you are proud of, at a company you can believe in.

Ferguson is actively hiring for a Real Estate Portfolio Strategist to join our Corporate Real Estate Team!

As a Portfolio Strategist, you will play a critical role in optimizing our network of owned and leased real estate comprised of over 1500 locations totaling approximately 47m square feet.

This will be a Hybrid role based out of Newport News, VA, in accordance with the Ferguson Flex schedule; 3 days office / 2 days remote. However, more in office time may be required initially for onboarding and training.

Primary Duties and ResponsibilitiesBuild a strategic plan for portfolio strategy across owned and leased real estate assets detailing risk tolerance metrics for consideration,Work closely with developers/landlords, government agencies, and other real estate consultants as needed, as well as internal groups like Finance, customer groups, and executive teams,Drive a manage-to-market mentality, leveraging market analytics while creating opinions of value, metro analyses, buy vs. lease scenarios, and other data considerations to optimize the performance of the portfolio,Communicate with internal customers regularly to provide location intelligence and update them on their portfolio’s performance and any recommended changes via detailed reports and presentations,Analyze current and potential investments to determine their suitability for the portfolio,Oversee and deliver consistent processes, following a playbook methodology on delivery,Review all financial modeling tools and outputs to ensure completeness and accuracy,Perform with a strong sense of urgency with high expectations around driving costs from the company P&L and best preparing Ferguson for future growth,Ensure Service Level Agreements (“SLAs”) and Key Performance Indicators (“KPIs”) are established project-wide, including solicitation of Net Promotor Score (“NPS”) as measurement of performance,Possess a strong and proactive understanding of navigating permitting, zoning, and other municipality requirements,Deliver best practices to achieve maximum customer satisfaction and performance,Research and stay up to date on financial market trends and economic indicatorsPositively engage with all associates across Real Estate and Facilities, along with all internal and external partners.

Preferred QualificationsBachelor’s or master’s degree in finance, business management, real estate, or a similar field, with 5-7+ years’ experience planning, managing, and implementing real estate portfolio strategiesExperience with high profile projects that range up to $750M in Operational Expense or Asset ValueAbility to engage with all stakeholders in projects, internal and external, and up to and including the Executive team,Strong skills in Financial Analysis, Budgeting, Relationship Building, Time Management, Risk Mitigation, Planning, and Communication both written and verbally.

At Ferguson, we care for each other. We value our well-being just as much as our hard work. We are committed to a holistic approach towards benefits plans and programs that support the mental, physical and financial well-being of our associates. Our competitive offering not only includes benefits like health, dental, vision, paid time off, life insurance and a 401(k) with a company match, but our associates also enjoy additional meaningful and inclusive enhancements that are adaptable to their diverse situations and needs, including mental health coverage, gender affirming and family building benefits, paid parental leave, associate discounts, community involvement opportunities and more!

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Pay Range:

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$5,550.30 - $11,275.00

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Estimated Ranges displayed are Monthly for Salaried roles OR Hourly for all other roles.

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This role is Bonus or Incentive Plan eligible.

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Ferguson complies with all wage regulations. The starting wage may be higher in certain locations based on local or state wage requirements.

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The Company is an equal opportunity employer as well as a government contractor that shall abide by the requirements of 41 CFR 60-300.5(a), which prohibits discrimination against qualified protected Veterans and the requirements of 41 CFR 60-741.5(A), which prohibits discrimination against qualified individuals on the basis of disability.

Ferguson Enterprises, LLC. is an equal employment employer F/M/Disability/Vet/Sexual Orientation/Gender Identity.

Equal Employment Opportunity and Reasonable Accommodation Information