Real Estate Portfolio Manager

Signify; Gurugram District; On-site; INR 1,800,000 - 4,200,000; Full time

Job summary

Signify is seeking a Real Estate Portfolio Manager to lead regional real estate strategy for India, Middle East, Africa and Turkey, with onsite offices in Gurgaon or Noida. The role collaborates with business leaders to optimize and consolidate portfolios, improve total real estate cost and drive value.

You will oversee strategy development, space planning, lease negotiations, and portfolio performance, coordinating with internal stakeholders and external partners to deliver compliant,

Qualifications

• Bachelor’s degree in finance, economics, or related field.
• Experience in corporate real estate, portfolio management, facilities management and transactions.
• Strong stakeholder management in a matrix environment.
• Knowledge of lease contracts and real estate transactions.
• Experience with financial implications, IFRS, NPV and cash flow.

Responsibilities

• Align regional real estate strategy with business needs and location strategy.
• Develop real estate strategy per asset type and deploy it.
• Lead transactions: renewals, acquisitions, disposals with stakeholders.
• Manage outsourced providers and ensure compliant transaction processes.
• Oversee facilities management and support workplace project execution.
• Act as SME across regions on workplace, project management, transactions and sustainability.

Skills

Regional strategy

Stakeholder management

Space planning

Lease negotiations

Financial acumen

Vendor management

Project coordination

Education

Bachelor’s degree in finance or economics

Master’s degree preferred

Job description

This is an exciting job opportunity for a Real Estate Portfolio Manager, onsite in Gurgaon or Noida office,with Signify.

The Real Estate Portfolio Manager has a regional responsibility for the countries in scope (India sub continent, Middle East, Africa and Turkey) and partners with the businesses to drive portfolio optimization and consolidation, create additional value on our total Real Estate cost.

This role will be responsible for ensuring that Real Estate strategic initiatives are deployed and implemented, in line with strategic and portfolio plans for the businesses and in line with Signify.

Strategy and Portfolio

• Responsible for senior stakeholder alignment in the region to fully understand business and location strategy and translate that into real estate requirements.
• Support development of real estate strategy per asset type and deploy the same .
• Advises and challenges strategic rationale, space demand, financial implications, liabilities, risks and opportunities.
• Primus inter pares in the region for HoRE. Leads the regional team and ensures balanced project allocation and prioritization for the region aligned with strategic priorities.
• Space management -Analyzing office utilization data, developing space plans, and implementing solutions to ensure the physical environment supports the needs and goals of Signify and its employees.

Transactions

• Reviews 18 months advance lease events on a regular basis and ensures business alignment and execution.
• Responsible for real estate transactions and contract term negotiations in the region for lease renewals, lease acquisitions, disposals and partners with internal and external stakeholders in legal, environmental, tax, finance etc.
• Manages outsourced service providers for transactions in the region.
• Ensures high quality and compliant and auditable transaction process and is primary interface with brokers.
• Responsible for target and meets capital expenditure and P&L targets.
• Prepares financial business cases prior to submission and presentation to investment committee

Facilities and Project Management

• Support team of facility managers, ensuring compliance with HSE/Security standards and promoting a safe and efficient workplace environment across the assigned regional facilities.
• Oversee the execution of real estate projects with the support of facility managers and external suppliers
• Holds SME role for the domain supporting strategic priorities. In this global SME role, be a consultant supporting across regions in the area of but not limited to workplace, project management, transactions, (use of own) technology, sustainability.

More about you

While we value and appreciate all applicants, we believe that the following experience and skills will be needed to shine brightly in this job opening:

• Bachelor's degree in finance, economics, or related; master's degree highly preferred
• 10+ years of corporate real estate experience, portfolio management, facilities management and transactions management in an international environment with distribution/warehouse, manufacturing, office, and R&D sites. Excellent knowledge of lease contracts
• Experience in stakeholder management, account management and managing expectations within a matrix management environment
• Working knowledge of transactions, design, construction management, facilities and property management
• Excellent business and financial acumen and experience in and been responsible for transactions, negotiations and deal-making; negotiation-handling with uncompromising sense of business integrity
• Strong working knowledge of commercial and industrial building systems, including HVAC, electrical distribution, plumbing, fire/life safety systems, building controls, and industrial utilities is preferred
• Knowledge of financial aspects like IFRS (International Financial Reporting Standards), lease accounting, NPV (Net Present Value) and cash flow; experience with and understanding of decisions impacting P&L and balance sheet
• People management skills creating a performance culture and experience coordinating project teams, preferably in matrix environment; combines result orientation with process focus