Commercial Property Manager

Siemens Real Estate (SRE) is responsible for the professional management of Siemens' real estate portfolio worldwide. This includes the acquisition and setup of new commercial/industrial real estate, renovations, disposition of locations, and servicing customers with a broad set of service offerings.

In the United States, Siemens Real Estate manages ~ 6 million square feet of space at ~215 locations. To effectively manage this large real estate portfolio, it has been divided into five Regional Asset Management Areas or RAMs: Each RAM has an operational leader and a commercial property manager (CPM), finance counterpart. This position is for the CPM who will financially support the leader of the RAM and reports directly to the Head of Finance Asset Management.

This person will be responsible for commercial execution within the RAM as directed by the Head of Finance, focusing on the operational business (lease in and lease out), ensuring the commercial correctness of the related financial statements.

We are looking for a Commercial Property Manager. This is a hybrid position and based in Austin, Texas.

You'll make an impact by:

Assist in the development of budgets and reports for the RAM, track performance against budget, and support the region in implementing SRE financial reporting standards and tools. Provides reporting to key stakeholders, including the Head of Finance, as required. Other responsibilities include:

• Assist in the development, along with the RAM Head, of bottom-up financial planning and alignment with target setting, and monitoring of compliance with accounting standards.
• Support with iAPP Business Case Calculations.
• Responsible for the accuracy of local financial figures, creation and alignment of financial forecasts, and identification/realization/reporting of savings measures with location management.
• Monthly review of bookings and billing, commercial project definition and preparation, including cost/investment calculations, and interface with other team members from the Region and the Business Administration Service Center.
• Coordinate accounting, legal, tax, and insurance-related topics, support the Head of Finance for negotiation, and preparation of external renting and customer lease contracts.
• Apply the SRE pricing model according to guidelines (calculating net rent, rent adaptation, evaluating pricing impact of maintenance measures, and projects).
• Prepare and ensure accuracy of all financial data required for customer reporting meeting reporting timelines.
• Prepare and analyze financial results, providing variance commentary on a monthly basis to budget and forecast.
• OPEX & Service costs analysis review, alignment, and communication and confirmation with tenants.
• Ensuring full charges of net-rent, OPEX, and services to customers.
• Develop feasibility studies in conjunction with Project Managers.
• Provides finance support to Project Teams, including project cost tracking, project analysis, status of contracts, open commitments, and project close-out.
• Resolve complex problems not covered by existing procedures or practices independently. Displays a high level of critical thinking in bringing successful resolution to high-impact, complex, and/or cross-functional problems.
• Responsible for financial reporting, KPI measurement and tracking, and general analysis.
• Independently performs advanced areas of work in the professional field.

You'll win us over by having the following qualifications:

Basic Qualifications:

• BS/BA degree required.
• 2-3 years of experience in accounting or finance.
• 2-3 years of experience with financial management, including financial reporting, budgeting, and forecasting.
• 2-3 years of experience in a real estate environment.
• 2-3 years of experience in business administration and financial controlling.
• 2-3 years of experience utilizing financial data and information to make sound business decisions that promote cost effectiveness and profitability; understands and practices sound fiscal principles in responsibility.
• 2-3 years of experience with SAP knowledge and Anaplan.
• Functional knowledge in the use of MS Office Tools: Excel, Word, etc.
• Ability and willingness to travel domestically up to 5% per month.

Preferred Qualifications:

• Knowledge of Siemens' business, organization, and processes.
• Real estate environment/background.

You'll benefit from:

• Siemens offers a variety of health and wellness benefits to our employees. Details regarding our benefits can be found here: https://www.benefitsquickstart.com/siemens/index.html
• The pay range for this position is $74,970-$128,520, and the annual incentive will be 10% of the base salary. The actual wage offered may be lower or higher depending on budget and candidate experience, knowledge, skills, qualifications, and premium geographic location.

#LI-JE1

You'll Benefit From
Siemens offers a variety of health and wellness benefits to our employees. Details regarding our benefits can be found here: https://www.benefitsquickstart.com/siemens/index.html
The pay range for this position is $74,970 - $128,520 annually with a target incentive of 10% of the base salary. The actual wage offered may be lower or higher depending on budget and candidate experience, knowledge, skills, qualifications, and premium geographic location.