Manager Real Estate - Real Estate & Workplace Solutions
FirstEnergy
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Benefits offered by this job
Job summary
FirstEnergy is seeking a Manager of Real Estate to oversee its real estate portfolio across multiple states. You will lead a team handling acquisitions, dispositions, lease administration, and property agreements, ensuring regulatory compliance and alignment with financial goals.
The role requires collaboration with Legal, Operations, Engineering, Environmental, and Finance teams, plus external partners. A strong background in real estate, contracts, and budgeting is essential.
Qualifications
- Bachelor's degree in Business Administration, Engineering, Real Estate, Finance, or related field.
- Minimum of 7 years of experience in business development, project management, real estate, or related field.
- Experience managing complex projects, contracts, and stakeholder relationships.
- Strong leadership with experience guiding teams and external resources.
- Excellent analytical, negotiation, communication, and problem-solving abilities.
Responsibilities
- Lead a team responsible for administration of the real estate portfolio across five-state territory.
- Oversee negotiation, execution, and management of leases, licenses, easements, rights-of-way.
- Direct property acquisition and disposition activities aligned with objectives and regulatory requirements.
- Manage contract administration, revenue tracking, and stakeholder engagement.
- Develop strategies to optimize real estate assets while mitigating risk and costs.
- Ensure compliance with applicable regulations and internal policies.
- Coordinate with external consultants, surveyors, appraisers, brokers, and legal counsel.
- Prepare portfolio updates, financial analyses, and strategic recommendations for leadership.
Skills
Education
Tools
Job description
We are a forward-thinking electric utility powered by a diverse team of employees committed to making customers’ lives brighter, the environment better and our communities stronger.
FirstEnergy (NYSE: FE) is dedicated to safety, reliability, and operational excellence. Headquartered in Akron, Ohio, FirstEnergy includes one of the nation's largest investor-owned electric systems, more than 24,500 miles of transmission lines that connect the Midwest and Mid-Atlantic regions, and a regulated generating fleet with a total capacity of 3,780 megawatts.
We are a forward-thinking electric utility powered by a diverse team of employees committed to making customers’ lives brighter, the environment better and our communities stronger.
FirstEnergy (NYSE: FE) is dedicated to safety, reliability, and operational excellence. Headquartered in Akron, Ohio, FirstEnergy includes one of the nation's largest investor-owned electric systems, more than 24,500 miles of transmission lines that connect the Midwest and Mid-Atlantic regions, and a regulated generating fleet with a total capacity of 3,780 megawatts.
This is an open position with FirstEnergy Service Co., a subsidiary of FirstEnergy Corp. [SC00]
The Manager, Real Estate is responsible for the strategic oversight and administration of the Company’s real estate portfolio across a multi-state service territory. This role leads a team of real estate professionals and external contractors managing property acquisitions and dispositions, lease and license agreements, lease administration, deed and right-of-way records, and third-party land use transactions. The position also oversees the identification and resolution of property and right-of-way encroachments.
The successful candidate provides leadership, business guidance, and portfolio management to ensure real estate transactions and agreements support operational needs, regulatory compliance, financial objectives, and long-term business strategy. This role requires strong collaboration with internal stakeholders, including Legal, Operations, Engineering, Environmental, and Finance teams, as well as external partners and contractors.
- Lead and manage a team responsible for the administration of the Company's real estate portfolio across a five-state service territory.
- Oversee the negotiation, execution, and ongoing management of facility leases, rights of entry, licenses, easements, transmission rights-of-way, and other property agreements.
- Direct property acquisition and disposition activities, ensuring alignment with business objectives and regulatory requirements.
- Manage receivable lease programs, including contract administration, compliance monitoring, revenue tracking, and stakeholder engagement.
- Review and approve third-party requests involving Company-owned properties, transmission rights-of-way, and related interests.
- Develop and implement strategies for optimizing real estate assets while minimizing risk and controlling costs.
- Ensure compliance with all applicable federal, state, and local regulations, as well as Company policies and procedures.
- Manage relationships with external consultants, surveyors, appraisers, brokers, legal counsel, and contractors.
- Identify, track and resolve as found encroachments in FirstEnergy Operating/Transmission Company Transmission Rights of Ways.
- Establish performance metrics, monitor team effectiveness, and drive continuous process improvements.
- Prepare and present portfolio updates, financial analyses, and strategic recommendations to senior leadership.
- Support budgeting, forecasting, and long-range planning activities related to real estate assets and expenditures.
- Bachelor's degree in Business Administration, Engineering, Real Estate, Finance, or a related field.
- Minimum of 7 years of experience in business development, project management, real estate, land administration, or a related field.
- Demonstrated experience managing complex projects, contracts, and stakeholder relationships.
- Strong leadership and people management skills with experience leading teams and external resources.
- Excellent analytical, negotiation, communication, and problem-solving abilities.
- Proficiency in Microsoft Office Suite, Google Earth Pro, SAP, Power BI, FileNET, FileNET Desktop, and experience working with contract management and real estate systems.
- Budget management.
- MBA or other advanced degree.
- Experience within the utility, energy, infrastructure, or regulated industry environment.
- Knowledge of property acquisitions, dispositions, easements, deeds, rights-of-way, and payable/receivable lease administration.
- Familiarity with regulatory, environmental, and land-use considerations affecting utility operations.
- Professional certifications related to real estate, project management, or property administration.
- Strong understanding of real estate portfolio management principles and practices.
- Ability to balance strategic objectives with day-to-day operational requirements.
- Experience negotiating and administering complex contracts and agreements.
- Strong financial acumen, including budgeting, forecasting, and investment analysis.
- Ability to influence and collaborate effectively across multiple business functions.
- Proven ability to manage multiple priorities in a fast-paced, dynamic environment.
At FirstEnergy, employees are key to our success. We depend on their talents to meet the challenges of our changing business environment. We are committed to rewarding individual and team efforts through our total rewards philosophy which includes competitive pay plus incentive compensation, a company-sponsored pension plan, 401(k) savings plan with matching employer contribution, a choice of medical, prescription drug, dental, vision, and life insurance programs, as well as skills development training with tuition reimbursement. Please visit our website at www.firstenergycorp.com to learn more about all of our employee rewards programs.
All qualified applicants will receive consideration for employment without regard to race, religion, color, national origin, sex, sexual orientation, gender identity, age, status as a protected veteran, or status as a qualified individual with a disability.
No recruiters or agencies without a previously signed contract. Unable to sponsor or transfer H-1B visas at this time.
Safety is a core value for FirstEnergy and is essential to all of our business activities. We ensure employees have the tools, information, and processes to perform their duties in a manner that assures safety for themselves, their co-workers, our customers and the public. Our goals are to provide a safe work environment, to maintain an accident-free, injury-free workplace, and to promote and maintain public safety. To meet these goals, we dedicate ourselves to achieving world-class safety standards.
Exempt
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