POSITION SUMMARY

The Estée Lauder Companies (ELC) is one of the world's leading manufacturers and marketers of quality skin care, makeup, fragrance and hair care products. ELC's products are sold in approximately 150 countries and territories, with brands including; Estée Lauder, Clinique, Jo Malone, Aveda, Tom Ford Beauty and MAC. Reporting to VP Finance UK and Ireland, responsible for the management of the retail and corporate (office) real estate portfolio, as well as overseeing facilities management for the Estee Lauder UK property portfolio for office and retail (FSS and Counters)

WHAT THIS ROLE DOES

Real Estate

• Manage entire ELC UK property portfolio (Retail, Offices, Warehouse and residential)
• Manage key lease events, extracting value through commercial decisions. Have a clear understanding of leases and obligations and inform stakeholders of clauses/risks and liabilities accordingly.
• Oversee Management of third-party contractor to accurately forecast lease events in the next 12/18 months for budgeting purposes and make necessary recommendations based on strategy
• Manage dilapidation obligations to ensure bet terms are sought and brands are accruing correctly
• Work closely with Finance teams and Global to ensure that rents/rates are correctly accrued to ensure accurate financial reporting
• Responsible for rates - appeals, BIDS and budgeting
• Work closely with RDDC Store planning teams to ensure that we maximise cost savings and deliver sites in the most efficient manner, through negotiation of the handover specification and incentives.
• Have sound knowledge of the end to end process for property acquisitions including planning, build regs, listed buildings consents.
• Manage external legal counsel and provide relevant instructions to appointed ELC lawyers on all legal property matters.
• Lead on Real Estate Committee meetings
• Oversee management for UK input into Global Real Estate reporting tool

Facilities Management

• Oversee Facilities Group in managing daily operation of ELC Head Offices, Distribution Centres and Retail (FSS and Counters)
• Oversee management of Facilities for FP and KC - ensuring that support for FM and Catering through third party contactors meet all sites, offices and retail needs and expectations
• Oversee FM budget spend (including control of Capex spend on FP/KC site projects) to ensure service levels are maintained within budgetary restraints.
• Overall responsibility for liaison with Management Agents for head offices to ensure service level agreements are met and that any Landlord requirements are satisfied
• Overall management of sub tenants within FP
• Plan and oversee project management of site initiatives, such as refurbishments/office moves and work with both internal and external groups to ensure project delivery, operational obligations are met, and lease/regulatory requirements are no

WHAT YOU WILL NEED TO BE SUCCESFUL IN THIS ROLE

• MRICS qualified or a 15 minimum of 15 years working in the Real Estate Sector
• Competent at negotiating and analysing leases
• Good knowledge of the UK Real Estate market
• Experience of leading a team preferred
• Able to work well independently and handle a high workload
• Confident at presenting recommendations to senior leadership and global teams
• Must have good communications skills and be well organised

Compensation and Benefits

• Hybrid Working (2 days WFH, 3 days office based)
• Generous Bonus Opportunity that usually performs ahead of target
• 25 Days Annual Leave (exc. Bank Holidays) that increases with length of service up to 29 days.
• 1 additional day of Annual Leave to celebrate your birthday
• Holiday Purchase scheme that enables you to get five additional days
• Summer Fridays for five months of the year
• Market leading Family Leave provisions
• Generous Staff Discount & Credit
• Benefits platform with exclusive discounts and offers
• Mental Health Wellbeing Provisions (Unmind App and Employee Assistant Programme)

Job: Finance & Accounting

Primary Location: GB-ENG-London

Job Type: Standard

Schedule: Full-time

Shift: 1st (Day) Shift

Job Number: 235556

Estee Lauder Companies is an equal opportunities employer. We positively encourage applications from suitably qualified and eligible candidates regardless of sex, race, disability, age, sexual orientation, gender reassignment, religion or belief, marital status, or pregnancy and maternity.