COUNTRY: KENYA EMPLOYER: GENERL ELECTRIC FUNCTION: Real Estate Portfolio Manager - SSA Job Number: 1883370 Business: GE Global Growth & Operations Business Segment: Global Growth & Operations - MENAT About Us: GE is an advanced technology, services and capital company with the scale, resources and expertise to take on the world’s toughest challenges. Dedicated to innovation in the areas of energy, health, transportation and infrastructure, we’re committed to leadership, integrity, partnership and human progress. GE businesses ranging from Aviation, Capital, Oil & Gas, Energy Management, Power and Water, Healthcare, Transportation and Home & Business Solutions have operations on the African continent. Major locations include Angola, Ghana, Kenya, Nigeria and South Africa. Over 1300 employees are working in the region, creating local partnerships and providing solutions & services that supports Africa’s infrastructure and sustainable growth Posted Position Title: Real Estate Portfolio Manager - SSA Career Level: Experienced Function: Properties Function Segment: Property Services Location(s) Where Opening Is Available: Kenya City: Nairobi Relocation Expenses: No Role Summary/Purpose Reporting to the Snr. Portfolio Manager, Global Operations – Properties, MENAT/SSA, the Portfolio Manager will be part of a team of real estate professionals responsible for all real estate transactions within Sub-Sahara Africa (SSA). Essential Responsibilities The Real Estate Portfolio Manager is responsible for managing the real estate transactions for the businesses of General Electric, which shall include, site selection, lease negotiation, due diligence, purchase and sale of real property, financial analysis, broker management, and stakeholder communication. This person will utilize a dedicated on-line real estate technology tool to search and analyze real estate data, create reports, track projects, assist with business forecasting and obtain business and corporate approvals. • Assisting Snr. Portfolio Manager to conduct strategic planning and tactical execution for real estate projects with focus on identifying potential cost savings/business synergies across GE businesses. • Oversee all acquisitions, disposals, lease extensions, lease terminations and property surplus activity for GE business units. • Manage broker relationships locally to ensure the highest quality of service delivery. Ensure the most cost effective transaction execution. • Ensure strict adherence to GE Company’s Finance Standard Operating Procedure requirements as they relate to the property transaction process. Utilize an online approval transaction tracking and database technology tool to record Business compliance. • Manage projects using online transaction tracking and database technology tool (Global Enterprise System based on Tririga system) to search and analyze real estate data, create reports, track reports, assist with business forecasting and obtain business and corporate approvals. • Monitors, analyzes, reports, and provides regular updates and feedback to senior management. Maintains knowledge of market trends, competitive actions, and business objectives. • Acts as point of contact to assigned businesses to provide solutions for space needs and to resolve issues. • Monitor and ensure Environmental Health & Safety compliance on all transactions working with the relevant EHS managers. • Monitor and ensure legal compliance on real estate deals working with the companys in-house legal counsel. • Monitor and ensure financial analysis and accounting treatment are done in accordance to FASB, US GAAP guidelines. • Coordinates with the construction area in order to provide an on-time and accurate quote for the businesses to approve and to ensure appropriate delivery of the space Qualifications/Requirements • Bachelor Degree, with 5+ years of experience in corporate real estate portfolio management, including experience with site selections, lease negotiations and property acquisitions/dispositions in emerging markets. • Financial modeling experience • Experience with a lease tracking software such as Leasemod or Tririga. • Experience managing a minimum portfolio size of circa 15,000 sqm properties including but not limited to commercial manufacturing, industrial, residential properties • Knowledge of commercial real estate investment valuation methodologies • Proficient in MS Office, including Excel, Projects and PowerPoint Eligibility Requirements: • Must submit your application for employment through COS (internal candidates) or gecareers (external candidates) to be considered for this job opening. • Must have unrestricted authorization to work in Kenya or South Africa. • Must be willing to comply with pre-employment screening, including but not limited to, drug testing, reference verification and background check. • Must be 18 years of age or older. • Must be willing to work out of an office in Nairobi or Midrand or Lagos. • Must be willing to travel approximately 20% of the time. Desired Characteristics • Bachelors’ Degree in Business, Finance, Accounting, Real Estate, Engineering or Architecture • Experience in Corporate Real Estate within a Portfolio Management role preferably in an occupier/end user capacity • Experience with lease negotiation in frontier or emerging markets. • Minimum of 10 years of professional experience • Minimum of 5 years of corporate real estate experience for a multi-national organization • Experience in Leasemod and Tririga applications • Able to work with internal infrastructure with a corporate mindset • Experience with Environmental, Health & Safety compliance • Ability to work well under pressure; strong project management skills • Ability to manage relationships locally with GE Preferred Broker Suppliers • Experience in financial analysis and accounting, in accordance with FASB and US GAAP guidelines • Experience with property site inspections • Strong written and oral communications skills • Strong analytical and quantitative skills • Strong negotiation and interpersonal skills • Strong relationship management skills • Ability to work independently and within a team • Familiarity with GE business structures (internal employees only) • GE Green Belt trained/certified (internal employees only) For more information about General Electric visit ge To apply click here ge/careers/opportunities and enter the job number in the Search by Keyword field than press search to access vacancy.
Posted on: Tue, 12 Nov 2013 10:11:37 +0000
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