Senior Manager-Global Real Estate

Senior Manager-Global Real Estate

Requirements

• Bachelor’s degree in a related field
• Minimum 7 to 10 years professional experience in complex global real estate management in a multinational corporate setting
• Experience managing mixed portfolios (Manufacturing and Office)

Responsibilities

• Advising BD Leadership on how best to plan and optimize the Real Estate Portfolio in pursuit of BD objectives
• Working closely with the Regional & Business leaders, Finance, Integrated Supply Chain (ISC) Strategy & Transformation team, to understand business strategies and from this to develop forward-looking views and plans of the required spaces; and acquiring and divesting space accordingly
• Advise and influence decision making in real estate programs to ensure not only financial outcomes, but also to support human capital management and strategic long-term company and BU goals
• Spaces requiring refit / renovations will be coordinated with the appropriate BD organizations and external suppliers
• Partner with the appropriate BD functions to manage lease expenses, space utilization, tax payments, and insurance assessments
• Long Range Planning – working with businesses and regional leaders, identify areas of likely future corporate growth and retraction; make selective strategic acquisitions of land; and developing and executing appropriate exit strategies
• Master Planning – working with business units, develop master plan for sites when land and/or existing facilities are to be converted into active/different uses
• Acquisition – working with business units to identify and acquire (either lease or purchase as is appropriate) land / facilities
• Disposal – working with business units to identify surplus assets, reviewing potential uses across the BD network, and disposal of the assets in the most effective manner
• Working with HR, Facilities, Global Construction, and other expert groups internally and externally to ensure that our workplace layouts and policies are attractors for talent, are efficient working spaces and help deliver increased ROI for BD
• Ensuring the maintenance of the global database of all leased and owned property to enable timely reviews by internal departments
• Payment (or coordination thereof with the business and Finance) of taxes applicable for each facility
• Ensure that BD’s lead Real Estate partners deliver the value to the relationship
• As a key team member, ensure timely Real Estate input to M&A teams to ensure costs, issues and risks are identified and planned for
• Advise and influence M&A teams on portfolio optimization opportunities and potential synergies related to any acquired real estate assets
• Highlight critical dates to be leveraged for integration strategy planning and execution
• Scenario analysis and strategic guidance for ownership vs lease vs sale leaseback vs build to suit
• Build a pipeline of 5 – 8%+ cost savings return on spend driven by negotiation, right-sizing footprint, and other strategic levers
• Negotiation with landlords targeting below-market rents while maximizing flexibility for lease termination, ability to reduce footprint, etc.
• Accountable for group results and delivery against functional goals
• Engage and influence Finance partners to drive appropriate quantification and visibility of financial impacts in the respective budgets through communication and consensus on strategies and processes

Preferred Qualifications

• MBA or other relevant advanced degree preferred
• Understanding of Real Estate markets
• Cost management & optimization practices
• Experienced in developing and deploying Workplace Management Strategies
• Champion change and innovation
• Strategic agility, business acumen and managing complexity
• Working and influencing within a highly matrixed organization
• Adept at navigating inclusive and diverse environments
• Highly-skilled at reviewing and interpreting lease contracts (including sublease, termination), purchase and sale agreements, and Transitional Services Agreements (M&A), in partnership with internal legal group and outside counsel
• Experienced and bold negotiator adept at achieving favorable and flexible deal terms aligned to business drivers
• Strategic collaborator and trusted partner to business and regional leader