For 75 years, Charles River employees have worked together to assist in the discovery, development and safe manufacture of new drug therapies. When you join our family, you will have a significant impact on the health and well-being of people across the globe. Whether your background is in life sciences, finance, IT, sales or another area, your skills will play an important role in the work we perform. In return, we’ll help you build a career that you can feel passionate about.
Job Summary
Responsible for corporate strategic space utilization and planning, and for establishing and implementing corporate real estate guidelines and workplace strategies. Develop, implement and execute real estate programs. Provide the data analytics necessary to lead the real estate cost tracking and cost saving effort.
ESSENTIAL DUTIES AND RESPONSIBILITIES
• Responsible for developing and implementing space utilisation and planning strategies; integrating with business segment and site facilities leadership to plan and forecast infrastructure capital expenditure requirements necessary to support this initiative.
• Responsible for establishing and implementing corporate real estate guidelines to ensure a consistent approach to real estate processes.
• Provide the data analytics necessary to lead the real estate cost tracking and cost saving effort.
• Provide guidance to Facilities Support disciplines such as project staff, engineering, EHS&S, and procurement as necessary.
• Collaborate with and provide support to business segment managers, assisting in their strategic planning process.
• Develop and monitor real estate business plans with performance and financial metrics, updating senior management.
• Assist the Executive Director Real Estate on the real estate efforts for all mergers, acquisitions, joint ventures and other transactions.
• Lead the initiative to secure local, state or federal incentives for any projects or real estate transactions that may qualify for such incentives.
• Evaluate and screen sites proposed by developers, real estate agents, landowners and other sources.
• Determine lease and purchase costs for sites, and compile business projections to evaluate economic feasibility of projects.
• Present offers, discuss counteroffer details, negotiate and finalize offer conditions and obtain signatures.
• Review, analyse, and interpret financial analysis including cash flow projections, NPV, P&L to determine the impact of real estate transactions.
• Develop and maintain dashboards and reporting tools to monitor and report on the performance of the real estate portfolio.
• Prepare summaries for Corporate Legal review, highlighting non-standard lease or purchase offers, and obtain rulings on contentious issues.
• Lead renewing lease agreements with landlords, resolving issues and responding to inquiries/complaints regarding real estate activities.
• Manage the administration of the real estate database and key metrics to assist in the management of the company’s real property assets.
• Responsible for electronic filing and organization of all real estate documentation.
• Prepare Lease Request documentation for new leases lease renewals that add to the company’s lease obligation.
• Verify monthly recurring rent payments, coordinating with accounting and/or financial controllers.
• Verify Common Area Maintenance (CAM) and Triple Net amounts on rent invoices, performing annual operating expense audits with the help of external partners where applicable, if warranted.
• Assist in the real estate integration of newly acquired companies.
• Support activities of the real estate brokers based on business requirements such as tracking financial data, viewing properties and contacting landlords.
Job Qualifications
• Education: Bachelor’s degree (B.A./B.S.) or equivalent in engineering,, business or related discipline is required. Master’s in Business Administration (M.B.A) preferred.
• Experience: Established track record of related experience in commercial real estate, financial analysis, or similar disciplines.
• An equivalent combination of education and experience may be accepted as a satisfactory substitute for the specific education and experience listed above.
• Other: Experience in market/area surveys and site location analysis.
• Excellent communication and organizational skills.
• Fluency in English (Written and Spoken) essential, together with additional European language skills (desirable).
Please note this is a remote role reporting into the Executive Director of Global Real Estate and Master Planning, based in the USA, and is part of the Global Facilities & Real Estate team.
Candidates should be aware there is travel requirement of 10% - 20% for this role and as such candidates should ideally be located within a commutable distance of a major travel hub / airport.
About Corporate Functions
The Corporate Functions provide operational support across Charles River in areas such as Human Resources, Finance, IT, Legal, Sales, Quality Assurance, Marketing, and Corporate Development. They partner with their colleagues across the company to develop and drive strategies and to set global standards. The functions are essential to providing a bridge between strategic vision and operational readiness, to ensure ongoing functional innovation and capability improvement.
About Charles River
Charles River is an early-stage contract research organization (CRO). We have built upon our foundation of laboratory animal medicine and science to develop a diverse portfolio of discovery and safety assessment services, both Good Laboratory Practice (GLP) and non-GLP, to support clients from target identification through preclinical development. Charles River also provides a suite of products and services to support our clients’ clinical laboratory testing needs and manufacturing activities. Utilizing this broad portfolio of products and services enables our clients to create a more flexible drug development model, which reduces their costs, enhances their productivity and effectiveness to increase speed to market.
With over 20,000 employees within 110 facilities in over 20 countries around the globe, we are strategically positioned to coordinate worldwide resources and apply multidisciplinary perspectives in resolving our client’s unique challenges. Our client base includes global pharmaceutical companies, biotechnology companies, government agencies and hospitals and academic institutions around the world.
At Charles River, we are passionate about our role in improving the quality of people’s lives. Our mission, our excellent science and our strong sense of purpose guide us in all that we do, and we approach each day with the knowledge that our work helps to improve the health and well-being of many across the globe. We have proudly supported the development of 80% of the drugs approved by the FDA in the last five years.
At Charles River Laboratories, we recognize and recruit all talent. We are a company committed to the principle of diversity and inclusion and work daily in this direction.