District Vice President

Graybar Electric Company, Inc.; Minneapolis (MN); On-site; USD 187,000 - 229,000; Full time

Benefits offered by this job

Medical, Dental, Vision benefits

Life Insurance

Flexible Spending Accounts

Disability Benefits

Profit Sharing Plans

401(k) Savings Plan with company match

Paid Vacation & Sick Days

Paid Holidays

Paid Wellness Day

Employee Stock Ownership Plan

Job summary

Graybar Electric Company, Inc. seeks a District Vice President to steer strategic direction, lead district growth, and drive profitability in the assigned district. You will coordinate activities, implement corporate initiatives, and ensure strong performance against targets in sales, gross margin, and operating income.

Extensive travel is required for success. The role requires 11+ years in business or wholesale distribution, a 4-year degree (preferred), and strong leadership, analytical, and

Qualifications

• 11+ years progressively responsible business or wholesale distribution industry experience
• 4 year degree preferred or equivalent
• Knowledge of the wholesale distribution industry
• Knowledge of financial analysis methods and techniques
• Experience with continuous improvement techniques and practices
• Leadership and supervisory skills; able to lead complex project teams
• Analytical, mathematical, critical thinking, and problem solving skills
• Written, oral, and presentation skills; interact across cultures
• Strategic thinker; synthesize complex data; develop solutions
• Ability to leverage corporate, district, and branch resources to win profitable business
• Strong interpersonal skills; develop relationships with customers and suppliers

Responsibilities

• Implement Corporate strategies and initiatives district-wide
• Analyze district financial performance against budget
• Establish a comprehensive business strategy for profitability
• Evaluate industry trends and identify opportunities/threats
• Recruiting, staffing, development, performance management
• Communicate results and expectations to employees
• Provide feedback to Corporate Vice Presidents
• Assess opening/closing locations based on marketplace needs
• Develop relationships with key customers and suppliers
• Ensure district delivers high-quality customer service
• Extensive travel required

Skills

Experience in wholesale distribution

Bachelor degree preferred

Financial analysis

Continuous improvement

Leadership and supervision

Strategic thinking

Strong communication

Cross-functional collaboration

Analytical problem solving

Resource leveraging

Interpersonal skills

Education

Bachelor’s degree

4 year degree preferred

Job description

Make a difference. As a District Vice President, you will provide strategic direction and leadership for assigned district and is responsible for short- and long-term growth and profitability of the district. Direct, administer, and coordinate the activities of the district in accordance with the policies, goals, and objectives established by Corporate. Make recommendations regarding the development and implementation of Company policies and goals relating to sales, marketing, operations, employees, financial performance, and growth. In this role you will: Implement the Corporate strategies and initiatives on a district-wide basis Analyze the actual financial performance of assigned district against budget with the objective of meeting or exceeding established targets such as sales, gross margin, gross margin rate, SG&A, merchandise investment, DSO, operating income, net income, and growth initiatives. Establish an effective, comprehensive business strategy for assigned district; analyze plans for and manage the profitability of the district by leveraging all available resources. Evaluate industry and business trends for potential impact on the district; identify key business opportunities and potential threats within the marketplace. Responsible to ensure district has implemented effective recruiting, staffing, employee development, performance management, and succession planning programs. Clearly and concisely communicate appropriate information, including Corporate/district results, business strategies, and performance expectations to employees on a regular basis. Provide feedback to appropriate Corporate Vice Presidents. Make recommendations to open and/or close locations based on the marketplace, profitability, and other business needs and strategies. Develop and maintain relationships with key customers and suppliers so that the Company is properly positioned within the marketplace; provide guidance and support in the retention of profitable business. Ensure assigned district maintains a consistent focus on delivering high quality customer service.

What you bring to the table:

• 11+ years progressively responsible business or wholesale distribution industry experience
• 4 year degree preferred
• Knowledge of the wholesale distribution industry
• Knowledge of financial analysis methods and techniques
• Experience with continuous improvement techniques and practices
• Leadership and supervisory skills; able to be an effective member of and lead complex project teams
• Analytical, mathematical, critical thinking, and problem solving skills; makes quality fact-based decisions using appropriate information
• Written, oral, and presentation skills; effectively interact at all levels and across diverse cultures
• Strategic thinker able to synthesize the most complex business/financial data, and develop innovative solutions
• Ability to leverage Corporate, district, and branch resources to win profitable business
• Strong interpersonal skills; able to develop and maintain relationships with key customers and suppliers
• Ability to facilitate progressive change

Extensive travel required.

Compensation Details:

The expected salary for this position is starting at $208,000 annually depending on experience. This position is also bonus eligible based on specific and relevant business metrics. This role requires the use of your personal vehicle for business purposes. Graybar offers a Fixed and Variable Rate (FAVR) reimbursement program to support eligible drivers. This program allows you to choose and drive your own vehicle, rather than a company-assigned car, and your reimbursements can help you build equity in your vehicle over time. Please note that certain vehicle requirements, such as age and original MSRP, may impact your eligibility for tax-free reimbursement. More information about Graybar's FAVR reimbursement program will be shared upon hire.

The Value of Graybar:

At Graybar, we are known for our comprehensive benefits and our employee stock ownership plan! Most regular, full-time employees at Graybar may be eligible for a variety of benefits like:

• Multiple plan options for Medical, Dental, Vision, and Prescription Drug benefits.
• Life Insurance coverage for you and options for your family.
• Save on expenses with Flexible Spending Accounts.
• Enjoy our Disability Benefits at no cost to you.
• Share in our success with Profit Sharing Plans.
• 401(k) Savings Plan with company match to help secure your future.
• Paid Vacation & Sick Days to spend time away from work or in case of an illness.
• Rest and recharge during our Paid Holidays throughout the year.
• Take advantage of our Paid Wellness Day to focus on preventive care and prioritize your health.
• Volunteer with Community Time Off to give back to the community.
• Predictable Work Schedules to plan your life: no weekends or nights for most roles.
• Celebrate your and others' achievements with our Employee Recognition Program.
• Reach your career goals with our Educational Reimbursement and Career Development Programs.
• And More Perks that support your well-being and career growth.

Benefit eligibility may vary across locations and roles, so be sure to check in with your recruiter for more information.

Why should you join Graybar?

At Graybar, our employees are the heart and soul of our company. We believe that employees with diverse perspectives bring the ideas and innovative thinking we need to solve our biggest challenges and compete in an ever-changing world. Consistent with our values, we welcome people from all backgrounds, cultures and experiences into our company because we believe it's the right thing to do and the right way to run our business. We want each of our employees to know that they matter and to feel a sense of belonging, ownership and inclusion at Graybar. We believe that everyone should be treated with dignity and respect, and we work to build a collaborative environment where our employees have the opportunity to grow, learn and make a difference, both as individuals and as part of the team. That's what our employee ownership culture is all about: working as one team and moving forward together, while honoring the unique value each person brings to our company.

Graybar, a Fortune 500 company, specializes in supply chain management services, and is a leading North American distributor of high quality components, equipment, and materials. We serve the construction market, the commercial, institutional, and government (CIG) market, and the industrial and utility markets. Graybar products and services support new construction, infrastructure updates, building renovation, facility maintenance, repair and operations, and original equipment manufacturing.