Business Unit:
Cubic Corporation
Company Details:
When you join Cubic, you become part of a company that creates and delivers technology solutions in transportation to make people's lives easier by simplifying their daily journeys, and defense capabilities to help promote mission success and safety for those who serve their nation. Led by our talented teams around the world, Cubic is committed to solving global issues through innovation and service to our customers and partners.
We have a top-tier portfolio of businesses, including Cubic Transportation Systems (CTS) and Cubic Defense (CD). Explore more on Cubic.com.
Job Details:
Job Summary: As the Senior Manager, Global Real Estate, you will be responsible for managing the end-to-end transaction process for the global real estate portfolio which includes more than 1.8 million square feet of office and industrial real estate. You will be responsible for identifying, evaluating, leading, and managing all real estate activities across all of Cubic's Business Units globally. The right candidate will demonstrate a track record of success in performing the full range of real estate transaction activities, as well as managing and leading internal and external teams with limited supervision and direction. Essential Job Duties and Responsibilities:
- Serves as the Leader and expert in company controlled real estate and leased facilities
- Develops the Real Estate Strategy that supports Cubic's core business goals and provides long-term, sustainable savings
- Develops the multi-year Tactical Real Estate Strategy that ensures the real estate portfolio is aligned with Cubic's overall business strategy with an emphasis on Footprint and Cost Management
- Responsible for negotiating new leases, amendments, renewals, and terminations within office, and industrial properties for all Cubic Business Units globally
- Lead and manage Tenant Improvement and SCIF construction projects including programming, space planning, contractor bid and selection, budget review, finish selection, AIA Contract negotiation, and project management, leading cross-functional teams internally
- Ensures Tenant Improvement construction and contracted work is completed on-time and within budget
- Develops, monitors and communicates project budgets and schedules
- Oversees full cycle real estate transactions (leasing and/or purchase or sale), asset management, and financial analysis and reporting within Cubic's real estate portfolio
- Works with outside real estate brokers in Leasing Transactions. Maintains a global network of contacts
- Establishes and maintains standard methods and processes for capital budgeting and reporting, real estate transaction management and lease administration
- Researches and analyzes property values of Cubic-owned real estate and potential investments
- Negotiates, reviews, and works closely with Cubic Legal Department and external legal counsel on lease agreements and contracts
- Innovate and execute processes and tools to insure the complete real estate cycle from site search through deal execution is completed consistently and predictably, around the world
- Interface with key stakeholders to discuss real estate lease alternatives and provide recommendations based on business needs, policies and transaction economics
- Closely collaborate with internal partners, including legal, finance, accounting, treasury, and capacity planning, to deliver highly successful projects
- On a monthly basis, review and certify Rent Payments with Accounting and Accounts payable team
- Manage vendor, contractor and real estate broker relationships in order to execute on real estate strategy
- Develop the monthly and quarterly reporting of performance indicators to manage, measure and evaluate performance pertaining to the real estate transaction process and portfolio
- Effectively communicate expectations, requirements and status of deals to key business partners - both internal and external
- Manage an ever-changing variety of internal initiatives and projects
- Assist on projects and tasks as needed
Minimum Job Requirements:
- Four-year college degree in Business, Sciences, Engineering, or related field with 12 years proven real estate deal management experience with global footprint desired.
- Must have experience developing and implementing process improvements to streamline the full transactions delivery system.
- Experience in construction of tenant improvements and associated costs of tenant improvements.
- Strong analytical and communication skills.
- Understanding of real estate accounting practices around commercial leases.
- Proven ability to demonstrate a drive for results and accountability of business needs.
- Must be willing and able to travel up to 20% of the time
The description provided above is not intended to be an exhaustive list of all job duties, responsibilities and requirements. Duties, responsibilities and requirements may change over time and according to business need. Cubic Pay Range: $145,000.00 - $175,000.00 + benefits.
The Cubic pay range for this job level is a general guideline only and not a guarantee of compensation or salary. Additional factors considered in extending an offer include (but are not limited to) responsibilities of the job, education, experience, knowledge, skills, and abilities, as well as internal equity, alignment with market data, applicable bargaining agreement (if any), or other law.
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Worker Type:
Employee
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