Director, Operations and Transaction, Global Real Estate

The Estée Lauder Companies Inc.; Melville (NY); On-site; USD 124,000 - 214,000; Full time

Benefits offered by this job

Health insurance

Retirement plans

Paid time off

Job summary

Estée Lauder Companies Inc. seeks a Director of Global Real Estate Finance to lead lease accounting, financial reporting, and end-to-end transaction management for office and industrial properties worldwide.

Requires 5–10 years in real estate operations with ASC842 expertise, strategic planning, and strong communication with senior leaders. Travel ~10% expected. The company offers comprehensive benefits including health, retirement plans, paid leave, and bonus opportunities.

Qualifications

• Bachelor's Degree required.
• 5–10 years of experience in real estate operations and transformation.
• Proficiency in ASC842 lease accounting and financial analysis.

Responsibilities

• Lead lease accounting and ASC842 financial impact reporting for global real estate.
• Oversee end-to-end transaction management for office and industrial properties.
• Develop and report on portfolio KPIs and global real estate performance.
• Collaborate with senior leaders and cross-functional teams on global strategy.
• Negotiate real estate transactions and manage external vendors.

Skills

Lease accounting ASC842

Executive level reporting

Microsoft Office proficiency

Communication skills

Matrix environment experience

Education

Bachelor's Degree

Job description

Estée Lauder Companies Inc. is one of the world’s leading manufacturers, marketers, and sellers of quality skin care, makeup, fragrance, and hair care products, and is a steward of luxury and prestige brands globally. The company’s products are sold in approximately 150 countries and territories under brand names including: Estée Lauder, Aramis, Clinique, Lab Series, Origins, M·A·C, La Mer, Bobbi Brown Cosmetics, Aveda, Jo Malone London, Bumble and bumble, Darphin Paris, TOM FORD, Smashbox, AERIN Beauty, Le Labo, Editions de Parfums Frédéric Malle, GLAMGLOW, KILIAN PARIS, Too Faced, Dr.Jart+, the DECIEM family of brands, including The Ordinary and NIOD, and BALMAIN Beauty.

Description

The new Director will require background in lease accounting and financial reporting along with the full real estate transaction management process, negotiation, audit controls and execution of corporate real estate lease / purchases. This includes portfolio reporting, key performance indicator setup (KPIs), managing transactions including collaboration and reporting at each milestone, and the understanding of lease accounting / financial impact for global transactions. Expectation to streamline / create processes to improve the ways of working within the global real estate as a key for success.

• Experience in the leasing and management of global or regional corporate offices and industrial sites
• Responsible for the real estate portfolio tracking and reporting across the globe including transaction status, cost, critical dates, utilization and sustainability efforts
• Design and execution of real estate processes and the ability to improve and streamline using AI and the latest technology
• Lease accounting and ASC842 financial impact reporting
• Support development of global strategy and new ways of working with global principles while ensuring country and business requirements are met
• Provide ongoing and ad hoc executive level reports
• Collaboration with senior leaders and functional teams for end to end project management and audit controls
• Negotiation of real estate including hiring external vendors, performing market analysis and reviewing legal documents
• Vendor management and ability to lead global project teams

Qualifications

Bachelor's Degree

5-10 years of experience

10% Travel

Real estate operations with a focus on transformation and streamlining processes. Lease accounting expertise / ASC842 with experience with financial analysis. End to end transaction management focusing on office and industrial real estate. Excellent communication skills with a background in executive level presentation creation and proficiency in Microsoft Office products. Must have excellent organization and communication skills and the ability to succeed in a matrixed environment.

Pay Range

The anticipated base salary range for this position is $124,200.00 to $214,450.00. Exact salary depends on several factors such as experience, skills, education, and budget. Salary range may vary based on geographic location. In addition to base salary, this position is eligible for participation in a highly competitive bonus program as well as participation in the share incentive plan. In addition, In addition to base salary, this position is eligible for participation in a highly competitive bonus program with the possibility for overachievement based on performance and company results. In addition, The Estée Lauder Companies offers a variety of benefits to eligible employees, including health insurance coverage (medical, dental, and vision insurance), wellness and family support programs, life and disability insurance, retirement savings plans, paid leave programs, education-related programs, paid holidays and vacation time, and many others. Many of these benefits are subsidized or fully paid for by the company.

Equal Opportunity Employer

It is Company's policy not to discriminate against any employee or applicant for employment on the basis of race, color, creed, religion, national origin, ancestry, citizenship status, age, sex or gender (including pregnancy, childbirth and related medical conditions), gender identity or gender expression (including transgender status), sexual orientation, marital status, military service and veteran status, physical or mental disability, protected medical condition as defined by applicable state or local law, genetic information, or any other characteristic protected by applicable federal, state, or local laws and ordinances. The Company will endeavor to provide a reasonable accommodation consistent with the law to otherwise qualified employees and prospective employees with a disability and to employees and prospective employees with needs related to their religious observance or practices. Should you wish to apply for this position or any other position with the Company and you believe you require assistance to complete an application or participate in an interview, please contact [e-mail].

Michigan Applicants

Persons with disabilities needing accommodations for employment must notify the company in writing of the need for an accommodation within 182 days after the date the person with a disability knew or reasonably should have known that an accommodation was needed.

Philadelphia Applicants

Philadelphia's Fair Chance Hiring Law

Rhode Island Applicants

The company is subject to chapters 29-38 of title 28 of the general laws of Rhode Island and is therefore covered by the state's workers' compensation law.