Real Estate Manager

Hertz hiring for Real Estate Manager jobs in Elmwood Park, IL, US

Starting at $80,000 year- we pay based on experience! 

Job Purpose:

The Real Estate Manager is responsible for managing the Hertz real estate portfolio within an assigned area and across all divisions.  The objective of the position is to serve as an asset / property manager for an assigned territory.

We are flexible on the location for the position but ideally would be located near a major Midwest or East Coast city. 

Key Responsibilities Include:

•  Manage workflow of all incoming deals & service requests.
• Assist Director, Real Estate with special projects & reports for senior management.
• Manage site searches for both new locations and relocations as requested by Operations.
• Review and administer leases in order to ensure Company compliance with all lease provisions and obligations.
• Dispose of surplus property.
• Review Real Estate Summaries (RES’s) prepared by Operations & his/her staff, for compliance with Hertz standards and policies (cost, terms, conditions, etc.).
• Communicate with Region personnel, Landlords and the Corporate Law Department in preparation of lease documents.
• Negotiate new leases and lease renewals.
• Review and approve lease abstracts to ensure accuracy and conformity to lease terms.
• Resolve Landlord disputes & other Real Estate issues pertaining to leased properties.
• Coordinate and monitor Real Estate Summary approval process & facilitate circulation of Real Estate Documents.
• Assist the Law Department in tracking pertinent lease dates.
• Coordinate lease renewals, expirations & terminations with Operations to ensure timely action is taken.
• Assist with reports pertaining to status of Real Estate transactions and department’s performance.
• Assist the Regions with Service requests and provide feedback on any concerns regarding proper Real Estate procedures.
• Assist Region with Letters of Intent (LOI) & advise on Real Estate questions/concerns

The Hertz Corporation operates the Hertz, Dollar Car Rental, Thrifty Car Rental brands in approximately 9,700 corporate and franchisee locations throughout North America, Europe, The Caribbean, Latin America, Africa, the Middle East, Asia, Australia and New Zealand. The Hertz Corporation is one of the largest worldwide airport general use vehicle rental companies, and the Hertz brand is one of the most recognized in the world.

Key Result Areas:

• Timely processing & accuracy of RES’s
• Ensure proper procedures are followed with regard to RE decisions/approvals.
• Ensure compliance of RES with corporate standards.
• Make certain that RE disputes are handled in a timely fashion.
• Ensure proper documentation/approvals are provided with any Lease decisions.
• Ensure all RE deadlines (renewal options, expirations etc) are met.
• Make sure all executed leases & contracts comply with company policies.
• Travel as required for the position.

Educational Background:

Bachelor’s Degree - preferably in Accounting, Finance or other business discipline or equivalent experience.

Professional Experience:

At least  3-6 years of related work experience preferably in Law, Real Estate, or Property Management. 

Knowledge:

• In depth knowledge of RE Finance and RE Principles.
• Finance & Business acumen

 Skills:

• Detailed oriented & ability to read, understand and abstract legal contracts while keeping organized on numerous assignments.
• Work independently with little or no supervision.
• Ability to prepare documents using computer software programs such as Excel and Microsoft Word.
• Exceptional communications, organizational, and multitasking skills.
• Competent in Microsoft Office Suite applications.
• Ability to interact with all levels of management & outside vendors (Landlords)
• Ability to manage large Real Estate portfolio with high work volume.
• Flexibility to learn new programs and adapt to process changes.