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Americana Restaurants

Real Estate Manager

Early Applicant
  • 4 months ago
  • Be among the first 50 applicants

Job Description

KEY RESPONSIBILITY AREAS:

  • Plans and executes Real Estate strategy aligned to business strategy and objectives across Americana
  • Undertake Sites Acquisitions of the Company new units throughout the Market we operate in principally by overseeing the Identification and securing of sites to hand-over to Construction and pipe-line communication.
  • Handles financial operations of the property such as preparing and maintaining financial statements.
  • Maintaining awareness of new strategic developments and liaising with Market Planning.
  • Ensure new pipelines are well developed in advance to meet growth expectations.
  • Review Market insights gathering and analysis to take effective steps to serve the company's best interest.
  • Monitor Lease negotiation & signing, including rental reduction negotiations.
  • Ensure Accuracy in forecasting the number of new restaurants opening by period/year.
  • Monitor and track the reported pipeline and forecasts on a monthly basis, Drive the setting of AOP and ensure accuracy of monthly Fits tracking reports.
  • Responsibility for prioritization and Identification of sites and their negotiations, ensuring financial viability and reviewing feasibility studies, assessing planning probabilities then managing the planning and legal process for acquisitions.
  • Formulate pipeline reports together with information dissemination throughout various brands.
  • Develop cost effective real estate solutions in alignment with business needs including parameters for location, lease vs. own, length of lease term, financial commitment, exit strategies and operating expense budgets.
  • Acts as a single contact point for outside agents, retailers and potential vendors/landlords.
  • Lead the Acquisitions Team in building a constructive and strategic relationship with Franchise partners while maintaining an up to date working knowledge of Franchisor areas.
  • Lead strategy to minimize property cost inflation for the restaurants portfolio and deliver reduced cost to the business
  • Establish strategies & encourage best practice for effective negotiation to ensure cost savings and effective investments.
  • Role models compliance with Americana processes, internal policies, code of conduct and core value behaviors;
  • Is accountable for team performance coaches, mentors the team for KPIs realization in line with Americana culture;

WORKING RELATIONSHIPS:

INTERNAL COMMUNICATION & EXTERNAL COMMUNICATION

  1. Finance and Planning team
  2. Legal Team
  3. Brands Leads
  4. All departments
  5. Landlords
  6. Landlords
  7. Franchisor

QUALIFICATIONS AND EXPERIENCE:

Education:

  • BSc/BA in business Management or any related field

KNOWLEDGE AND SKILLS:

Knowledge:

  • Thorough understanding of Retail or Hospitality industries and trends
  • Strong knowledge of applicable property law, taxes and financial statements in the country to ensure efficient management of property.
  • Knowledge of lease negotiations, asset management, triple net leases, requisition for loan disbursements, retainage and lien waivers.

Skills:

  • Strong leadership, coaching and mentoring skills
  • Highly developed negotiation, consensus building and communication skills
  • Strong strategic and business acumen
  • Able to analyze problems and strategize for better solutions

More Info

Industry:Other

Function:Real Estate

Job Type:Permanent Job

Skills Required

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Date Posted: 11/07/2024

Job ID: 84104061

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Last Updated: 24-11-2024 05:45:01 PM
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