Senior Manager, Real Estate Transactions

Job Title:Senior Manager Real Estate Transactions

Work Place Flexibility: Hybrid

Legal Entity:Entergy Services LLC

Job Summary/Purpose


The Sr. Manager Real Estate will provide strategic leadership and expert oversight of real estate strategy and transaction management. This role will serve as a key business partner and trusted advisor to all functions and business units across Entergy with direct accountability for an annual lease portfolio of $25$30M and multiple commercial and industrial real estate transactions each year.

The Sr. Manager will collaborate closely with the Workplace Strategy team and internal operations groups to develop and execute the companys 3 5 and10-year Real Estate Strategy. This includes enabling business priorities and growth objectives advancing a customer-centric culture and applying continuous improvement practices to maximize sustainable value for our stakeholders. The role will continuously identify opportunities to optimize and enhance Entergys real estate portfolio.

This leadership position is a key member of the Corporate Real Estate team and partners enterprise-wide with senior leaders (Executives OPCO Presidents SVPs and VPs) to develop comprehensive data-driven and collaborative real estate strategies and transactions. The role must maintain close alignment with Entergys strategic direction including hyperscale customer growth and strategic siting and infrastructure development supporting mega data centers and other large-load projects.

Job Duties/Responsibilities

1. Portfolio Management: Provide end-to-end transaction management for Entergys extensive real estate portfolio which includes 240 office and service center sites (500 buildings / 5M sq. ft.); 30 gas and renewable generation sites on 28000 acres; 5 nuclear sites on 9000 acres; and 12 critical sites. Lead negotiation and management of complex transactions including acquisitions dispositions leases donations and financing arrangements.
2. Strategic Planning: Partner with business units corporate functions and senior leaders to develop business cases and execute real estate strategies that maximize portfolio performance value and alignment with enterprise priorities.
3. Leadership: Lead mentor and develop a geographically dispersed real estate team including Managers and Sr. Staff Analysts. Direct the work of 15 regional brokers and oversee contracted lease administration resources.
4. Partnership: Engage frequently and effectively with Executives Operating Company Presidents and SVP/VP level leaders on strategic planning portfolio decisions and transaction execution.
5. Real Estate Subject Matter Expert: Apply deep expertise in real estate management transactions and planning. Demonstrate strong quantitative skills the ability to quickly grasp complex concepts and excellence in relationship-building active listening and strategic advising. Promote continuous improvement innovation and diversity of thought.
6. Fiscal Management: Manage the annual $25$30M non-capital rent and operating budget for the companys real estate portfolio. Ensure strong vendor management accurate service-level metrics and 100% on-time vendor payments. Conduct lease operating expense audits and support financial and regulatory reporting related to 10K/10Q filings and Corporate Guaranties. Proactively identify and deliver recurring revenue annual savings and one-time revenue opportunities.
7. Program Management: Develop and oversee value-enhancing programs including Mineral Management Sustainable Forestry Land Management and Telecom/IT use to drive highest and best use outcomes and unlock revenue or savings from underutilized sites.
8. Due Diligence: Work collaboratively with Legal Environmental Risk Management Facilities Accounting Regulatory Tax and Finance teams to lead due diligence activities including surveys environmental assessments valuationstitle commitments financial analysis zoning reviews regulatory filings ordinances deed restrictions and encumbrances.
9. Culture: Model the highest ethical standards and champion an enterprise-wide focus on process rigor controls policies laws regulations and governance to maximize value and minimize risk.
10. Safety Stakeholders Involvement: Promote and reinforce strong safety behaviors using tools such as Close Call/Good Catch and regularly assess real estate team and vendor processes. Foster community involvement support employee volunteerism and advance vendor diversity in real estate due-diligence sourcing.

Minimum Requirements

Minimum education required of the position

• Bachelors degree in real estate Business or other related discipline. MBA or masters degree in real estate or related field is preferred

Minimum experience required of the position

• 10 years of recent relevant commercial real estate experience.
• 7 years of Corporate Real Estate and supervisory experience are required.

Minimum knowledge skills and abilities required of the position

• Exceptional collaboration relationship management accountability and negotiation skills
• Strong communication facilitation presentation and creative problem-solving capabilities
• Experience with continuous improvement and digital transformation initiatives
• Strong strategic and analytical thinking with a service delivery mindset
• Deep understanding of real estate best practices processes and compliance requirements
• Extensive experience in complex commercial real estate strategy development and execution

ANSI Required: N

Any certificates licenses etc. required of the position

CoreNet Global professional program QPCR/MCR or SIOR designation is desired

Other Attributes

Functional Knowledge: Regarded as the technical expert in their particular field. Requires in-depth and/or breadth of expertise in own discipline and broad knowledge of other disciplines within the function.

Business Expertise: Anticipates business and regulatory issues; recommends product process or service improvements.

Problem Solving: Leads projects with notable risk and complexity; develops the strategy for project execution.

Impact: Impacts the direction and resource allocation for program project or services; works within general functional policies and industry guidelines.

Interpersonal Skills: Communicates complex ideas anticipates potential objections and persuades others often at senior levels to adopt a different point of view.

Working Conditions/Essential Functions/Physical Requirements

Office environment with minimal physical requirements. As a provider of essential services Entergy expects its employees to be available to work additional hours to work in alternate locations and/or to perform additional duties in connection with storms outages emergencies or other situations as deemed necessary by the company. Exempt employees may not be paid overtime associated with such duties.

Other

• Not all aspects of the job are covered by the description - may require other duties as assigned
• Job may change over time in accordance with business needs
• Job description does not guarantee employment

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Primary Location: Louisiana-New OrleansLouisiana : New Orleans
Job Function: All Other Jobs
FLSA Status: Professional
Relocation Option: No Relocation Offered
Union description/code: NON BARGAINING UNIT
Number of Openings: 1
Req ID: 121837
Travel Percentage:Up to 25%

An Equal Opportunity Employer Minority/Female/Disability/Vets. Please click here to view the EEO page or see statements below.

EEO Statement:The Entergy System of Companies provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race color religion sex gender sexual orientation gender identity or expression national origin age disability genetic information marital status amnesty or status as a protected veteran in accordance with applicable federal state and local laws. The Entergy System of Companies complies with applicable state and local laws governing non-discrimination in employment in every location in which the company has facilities. This policy applies to all terms and conditions of employment including but not limited to recruiting hiring placement promotion termination layoff recall transfer leaves of absence compensation and training.

The Entergy System of Companies expressly prohibits any form of unlawful employee harassment based on race color religion sex gender sexual orientation gender identity or expression national origin age genetic information disability or veteran status. Improper interference with the ability of the Entergy System of Company employees to perform their expected job duties is absolutely not tolerated.

Accessibility:Entergy provides reasonable accommodations for online applicants. Requests for a reasonable accommodation may be made orally or in writing by an applicant employee or third party on his or her you are an individual with a disability and you are in need of an accommodation for the recruiting process please clickhereand provide your name contact number the accommodation requested and the requisition number that you are requesting the accommodation for. Employee Services will contact you regarding your request.

Additional Responsibilities:As a provider of essential services Entergy expects its employees to be available to work additional hours to work in alternate locations and/or to perform additional duties in connection with storms outages emergencies or other situations as deemed necessary by the company. Exempt employees may not be paid overtime associated with such duties.

Know Your Rights: Workplace Discrimination is Illegal

The non-confidential portions of the affirmative action program for individuals with disabilities and protected veterans shall be available for inspection upon request by any employee or applicant for employment. Please to schedule a time to review the affirmative action plan during regular office hours.

EEI Testing:

One way that Entergy has found to identify and assess the abilities and skills needed for certain jobs is through pre-employment testing. If this position does require an EEI test the type of test will be located under the qualifications section of the job posting. If you are invited to a test session we strongly recommend you review and complete the practice test as well as review the testing brochure for your respective test. The test brochure will give you critical information on the test such as time allocated and numberof questions. Also keep in mind that the actual test is timed; you should practice timing yourself while doing the practice tests. The practice test information and test brochures can be located by going to the EEI website Logon ID: entergy password: practice test (2 words).Travel expenses incurred in connection with EEI testing are non-reimbursable.

In addition to EEI testing there is also Fit-for-Duty testing which will identify and assess the abilities and skills needed for certain jobs. If this position does require Fit-for-Duty testing the type of test will be located under the qualifications section of the job posting.

WORKING CONDITIONS:
As a provider of essential services Entergy expects its employees to be available to work additional hours to work in alternate locations and/or to perform additional duties in connection with storms outages emergencies or other situations as deemed necessary by the company. Exempt employees may not be paid overtime associated with such duties.

Please note: Authorization to work in the United States is a precondition to employment in this position. Entergy will not sponsor candidates for work visas for this position.