Job Summary
In this position, you will directly report to Vice President of Global Real Estate, working to establish and track progress on key strategic initiatives (KSI), prioritize activities, and ensure yearly team goals are achieved. The role will be responsible for leading GRE's ongoing total cost of occupany (TCO) initiative covering key areas as rooftop reduction, workplace transformation and space utilization for India real estate portfolio. The position will be at the forefront of shaping Eaton's financial success and leading our Global Real Estate team to new heights while developing your career and being well positioned for future growth and progression.
Your focus is also to work with VP, India Country Leader and and partner with Facilities Management team to develop and manage Eaton's real estate portfolio in India. This role will require excellent transaction and construction project management capabilities. Your core responsbilities include coordination of internal stakeholders and resources and leading teams of 3rd party brokers, architects, engineers, attorneys and any other real estate consultants to execute and deliver Eaton India's Real Estate requirements.
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Align with Eaton's global Real Estate Policies to effectively manage key metrics. These metrics include: Number of Locations, sqft per location, high utilization, cost per sqft, compliance to corporate standards. This role will directly report to the VP - Global Real Estate, with a strong focus on driving global strategies and standards. These include rooftop reduction, optimizing space utilization, and consistent brand deployment. In addition to direct functional alignment to Global Real Estate, the role will receive guidance from the India Country Leader and India leadership staff. Measuring and reporting key metrics to and engineering-focused customer base will be critical to the success of this role.
What you'll do:
Construction & Projects Management:
- Managing a variety of real estate projects, including but not limited to relocations, office transformations, tenant improvements, build-to-suit developments, and property dispositions.
- Serve as project manager in the acquisition, relocation and lease negotiation process for new facilities in India.
- Manage the disposal/surrender of surplus property so as to maximize residual value, while managing the company's risks.
- Support and drive global, regional, & other specific Real Estate initiatives such as consolidations, utilization analysis/increase, sustainability, etc across India real estate portfolio
Transaction Management:
- Lead all real estate transactions for owned and leased sites across India.
- Act as the Global Real Estate (GRE) liaison to corporate and business unit stakeholders to define and execute strategic direction for Eaton's footprint in India.
- Oversee site selection and conduct due diligence for real estate projects
- Negotiate complex lease agreements for office, warehouse, manufacturing and distribution facilities required by Eaton's operating divisions
- Partner with external brokers, appraisers, and property managers whose services are retained by the corporation.
- Coordinate with internal partners including Law, EHS, and others to ensure consistent document review and negotiations are performed.
- Serve as key Administrator for Eaton's lease portfolio in India, managing critical dates
- Advise on the condition, functionality, marketability, and value of real estate owned or leased by companies being considered for acquisition.
- Coordinate with internal business stakeholders and external providers including Tax, Accounting, Law and Environmental Services on real estate related issues for the property portfolio.
- Other Requirements: Global and Functional Alignment to Standard.
Qualifications:
- Real Estate, Construction Management, or Engineering degree
- Minimum 10 years or experience in corporate investment or real estate. Experience in leading construction projects for large industrial manufacturers.
- Real estate, Construction, project management, financial analysis, ability to read and understand technical drawings (blueprints).
- Executive presence. Negotiation. Ability to lead and organize significant construction projects.
Skills: