Real Estate Strategy

1 day ago

Chennai, Tamil Nadu, India Cognizant Full time ₹ 20,00,000 - ₹ 25,00,000 per year

Job summary

Associate Director - Real Estate Strategy & Transactions

Real Estate Strategy & Transactions Lead (India & APAC)

Responsibilities

  • Act as CRE Real Estate Strategy & Transactions focal for India and APAC
  • Ensure all RE Transaction related actions like new lease acquisition Mid-Cycle Escalation Lease expiry/renewal Site Exits & Associate lease actions etc.. are followed up and completed timely.
  • Establish prelim. RE market options & define executable RE scenarios for new RE space acquisitions
  • Drive RFP in coordination with Procurement.
  • Update / Revalidate statement of requirements basis market options.
  • Drive Technical & Legal Due diligence of properties in coordination with other cross functions (IT HSE/EHS Security CWS Legal)
  • Organise & Drive RE Transaction governance.
  • Prepare RE strategy and drive stakeholders alignment basis the final shortlisted options.
  • Prepare Business Case & work with FPNA for approval.
  • Lead Negotiation & align relevant stakeholders for readiness to execute agreement.
  • Execute agreement & tie-out with business leadership.
  • Ensure smooth site handoff to relevant CWS team for moving into next relevant project phase.
  • Prepare & Maintain RE Portfolio tracker for both India & Philippines up to date.
  • Support CRE regional leader with annual budget planning exercise.
  • Execution registration archival of lease related documents.
  • Lease negotiation/discussion for operational portions of the leases.
  • SD recovery after exit resolving issues related to lease payments.
  • Data source of leases for FP&A Lease Accounting AP Internal CWS team.
  • O&M Budget forecasting.
  • Prepare short term and long term real estate strategy city strategy in coordination with CREWS team.
  • Provide rental benchmarking for city level facilities.

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