Asset Manager

McDonald's Restaurants of Canada - Burnaby, BC (30+ days ago)

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Position title: Asset Manager, Western Canada
Department: Restaurant Development

Position band: Supervisory/Consultant

Reports to: Director, Asset Management

Type of position: Full-time, permanent

*Who we are
*At McDonald's, we are committed to being the best, and that starts with finding the best people. We have formed a team of extraordinary people from around the world. We are problem solvers, risk takers, innovators, and thought leaders that take our work seriously, but have fun doing it. We challenge ourselves to get smarter and sharper every day, are committed to personal and professional growth, and believe in rewarding and celebrating our successes.

*How would you like to work for the #1 quick service restaurant operation in the world? We currently have an open position for an Asset Manager for Western Canada in the Restaurant Development Department in the Vancouver office. This role is part of a National Team and could also be responsible for work outside of their assigned territory. Reporting to the National Director of Asset Management in Toronto, the successful candidate will be accountable to optimize in their territory the Real Estate portfolio for all Lease renewals, handle owned Real Estate assets including excess properties and raised property management issues.

Key customers include: Regional Vice President, Development Vice President, National Director – Asset Management & Property Taxation, Regional Director – Restaurant Development, Senior Regional Real Estate Manager, Construction Manager, Owner/Operators and Regional Staff. This position also requires a strong working relationship and regular interaction with Landlord’s, Municipalities and outsourced consultants including Architects, Municipal Planning Consultants, Appraisers

*You love the food industry and understand the franchisee model. You have the ability to build positive relationships and work collaboratively in a team environment with both internal and external parties. As a change agent with strong interpersonal skills, you are productive in supporting a fast-paced and agile environment. You are a protector of the Brand and always has an ear to the ground to mitigate risks.

*
This is an unparalleled opportunity to join a winning organization during an exciting time of transformational change. You will gain exposure across all levels of the organization, from your team members to the Executives and Franchisees. You are looking for a company with a winning culture where you can grow in depth and breadth while making a tangible impact on strategic initiatives.

In addition to following McDonald’s policies and procedures, principle accountabilities include, but are not limited to: *

  • Negotiating, managing and tracking all lease renewal activities in their territory, which include: preparation of data for lease extension analysis from regional finance; exercising options to renew on time; negotiating new rents and extended term working with legal on agreements.
  • Property Management Issues: working with National Property Manager on maintenance issues; operating costs disputes; estoppel/status certificates; and leasing issues.
  • Working directly with Restaurant Development Staff in the co-ordination of all renovation projects; and site plan approvals for renovations and additions. Lead all aspects of securing of early renewals, additional tenure; landlord and municipal approvals.
  • Day to Day accountability and support of Lease System.
  • Managing and supervising of excess property and tenant portfolio including required appraisals, lease renewals, disposition or leasing of vacant sites, property management and site maintenance issues all with a view to improve the value of and the returns for these assets.
  • Provide accurate and prompt responses to internal partners on term for conditions of sale; Franchisee rewrites; Work directly with internal and external Legal to manage and negotiate all expropriations/condemnations with municipalities/expropriating authorities and follow-up to ensure maximum compensation is received and future rights are preserved.
  • Review all public notices that impact the use and underlying value and rights associated with portfolio, and partner with Legal and Government Relations as required to address issues to the benefit of the location or system as the case may be.
  • Ensure required lease reviews are conducted for any special projects.

*Qualifications
*The ideal candidate will possess the following skills and qualifications:

*

  • Minimum 6 to 10 years of Leasing and Asset Management experience
  • Strong understanding of property valuation process & principles and their application in order to negotiate renewal terms and rents.
  • Applied real estate principles and development principles
  • Legal drafting skills to be able to draft proposals and review legal documents
  • Strong understanding and ability to apply real estate law and planning
  • Strong working knowledge of MS word, excel, access, power point and other proprietary software and systems.

*

  • Stand with the Guest - Strong guest focus with the ability to provide accurate and timely responses.
  • Inspire Others to Shine - Outstanding interpersonal skills and team player.
  • Collaborate Across Boundaries - High degree of influence and credibility both internally and externally.
  • Focus on Shared Purpose - Superior communication, negotiation and conflict resolution skills. This includes ability to handle difficult situations and conversations.
  • Seek New Ways - Ability to monitor market trends and adapt accordingly.

Job Types: Full-time, Permanent

Experience:

  • Asset Management: 6 years (Required)

Language:

  • English (Required)
  • French (Preferred)