| Job Description: |
About Us At GE Capital Real Estate, we’re redefining what’s possible. Whether we’re growing our investment management business or managing our diverse property portfolio, our global teams are dedicated to partnering with our customers to take on some of the industry’s toughest challenges. Join us, and you’ll find yourself in an open, collaborative environment in which our experienced, best-in-class professionals are working together to refine our business focus and stay strong. If you’re a flexible, ambitious leader who is open to learning and developing new skills, then join GE in developing the next generation of real estate investment products and services that will help build a better world for generations to come.
Visit www.gecapitalrealestate.com to learn more.
imagination at work…
GE is an equal opportunity employer.
GE offers a competitive salary, outstanding benefits and the professional advantages of an environment that supports your development and recognizes your achievements.
GE is inclusive: employees have the opportunity to succeed, and diversity is embraced as a competitive advantage.
The passion our people bring to their work extends to their private worlds. GE encourages a balance between the two.
GE also values education and provides the tools and training for your professional development. Role Summary/Purpose The Corporate Properties and Services Operation (CP&SO) leads the full spectrum of real estate support functions from global facility management to worldwide construction projects to defining real estate strategy for locations and offices housing GE’s 330k employees. Within South East Asia, GE businesses operate out of 100+ locations, covering 7 countries (Singapore, Malaysia, Thailand, Cambodia, Vietnam, Philippines, and Indonesia). 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.
Conduct strategic planning and tactical execution for real estate projects with focus on identifying potential cost savings/business synergies across GE businesses and supporting Country business strategies.
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 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.
Maintain ongoing communication with business leaders via verbal and written updates and reports.
Monitor and ensure Environmental Health & Safety (EHS) compliance on all transactions working with the relevant EHS managers.
Monitor and ensure legal compliance on real estate deals working with the company's in-house legal counsel.
Monitor and ensure financial analysis and accounting treatment is handled in accordance with Financial Accounting Standards Board and US Generally Accepted Accounting Principles guidelines. Qualifications/Requirements Basic Requirements:
Bachelor Degree with 5+ years of experience in real estate transaction management, including experience with site selections, lease negotiations and property acquisitions/dispositions in the Asia-Pacific region
Experience with financial modeling
Experience with a lease tracking software
Knowledge of commercial real estate investment valuation methodologies
Proficient in MS Office, including Excel and Word and PowerPoint
Fluent speaking, reading and writing in English and Chinese
Eligibility Requirements:
Must submit your application for employment through COS (internal candidates) or www.gecareers.com (external candidates) to be considered for this job opening.
Must be willing to comply with pre-employment screening, which may include drug testing (where allowed by law), reference verification and background check.
·Must have unrestricted authorization to work in Singapore
Must be 18 years of age or older.
Must be willing to work out of an office in Singapore.
Must be willing to travel approximately 40% of the time. Desired Characteristics Bachelors’ Degree in Business, Finance, Accounting, Real Estate, Engineering or Architecture
Experience in Real Estate with focus on office, industrial and/or warehouse transactions
10 years of professional experience
5 years of commercial or corporate real estate experience
Able to work effectively within internal infrastructure with a corporate mindset
Experience with Environmental, Health & Safety compliance
Ability to work well under pressure; strong project management skills
Experience managing relationships with local suppliers
Basic understanding in financial analysis and accounting
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)
This posting will remain active at least through May 13, 2011.
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