Kennametal

Corporate Real Estate Manager

Kennametal$100K — $120K *
Real Estate & Construction
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree in Supply Chain, Finance/Accounting, Engineering, or Business; MBA preferred.
  • 5+ years experience in Strategic Sourcing, with at least 3 years in Global Real Estate.
  • CPSM certification preferred.
  • Proficient in MS Office (Excel, Word, PowerPoint) and SAP.
  • Strong ethical foundation with commitment to integrity and compliance.
  • Ability to influence and lead a team, with strong communication skills.
  • Skilled in analytics and financial data interpretation.

Responsibilities

  • Lead the development and implementation of sourcing strategies for Global Real Estate.
  • Liaise with regional sourcing groups to understand local requirements.
  • Manage sourcing activities, including supplier selection and contract negotiations.
  • Oversee management of Kennametal's global real estate portfolio, including lease administration.
  • Partner with business units and teams to align real estate and sourcing activities with financial needs.
  • Execute real estate transactions, coordinating with external service providers.
  • Track performance metrics and identify improvement opportunities.

Benefits

  • Hybrid work model allowing flexibility between remote and on-site work.
  • Opportunity to manage a substantial global real estate portfolio.
  • Engagement in strategic decision-making at a corporate level.
  • Collaboration with cross-functional teams across various regions.
  • Support for continuous improvement and professional development initiatives.
Full Job Description
Job Title: Corporate Real Estate Manager

Location: Latrobe, PA (Hybrid)

Job Summary:

Leads the global commodity categories of global Corporate Real Estate and administration of Travel & Expense (T&E card) and Personal Expense (P-card) Cards. This position manages Kennametal's global portfolio of 120+ properties, leading lease negotiations and transactions while partnering with business and executive stakeholders to align real estate strategy and execute through external service providers. It involves developing and implementing strategic sourcing strategies, negotiating contracts, and driving cost savings initiatives as well as liaising with cross-functional teams, monitoring market trends, and ensuring compliance with regulations and internal policies. The Manager Commodities contributes to optimizing procurement processes, managing risks, and delivering value in Real Estate globally.

Key Job Responsibilities:

  • Leads the development, implementation, and governance of sourcing strategies for Global Real Estate categories commodity
  • Liaise with regional sourcing groups (Americas, EMEA, Asia Pacific, Latin America and India) to understand local requirements and ensure proper support as needed.
  • Develops detailed knowledge and understanding of cost drivers and service processes related to assigned commodity categories and leverages this knowledge to optimize value for Kennametal.
  • Manage sourcing activities for Corporate Real Estate and related categories, including supplier selection, contract negotiation (leases, renewals, subleases, terminations, and purchase/sale agreements), and ongoing supplier performance management to deliver cost savings and mitigate risk.
  • Oversee the day-to-day management of Kennametal's global real estate portfolio (120+ sites), including lease administration, transaction execution, due diligence, and support for site selection, acquisitions, divestitures, and closures.
  • Partner closely with business units, finance, legal, and regional sourcing teams to understand requirements, align on portfolio plans, and ensure real estate and sourcing activities meet operational, financial, and strategic needs.
  • Execute real estate transactions by coordinating with external service providers (e.g., brokers, developers, legal counsel, appraisers, and project managers) and leveraging market knowledge to achieve optimal business outcomes.
  • Implement and maintain standardized processes, tools, and governance for sourcing, real estate transactions, due diligence, reporting, and compliance, ensuring consistency across regions.
  • Support capital planning and project execution, including developing timelines, preparing business cases, and assisting with executive presentations to secure approvals.
  • Track and report on key performance metrics (e.g., cost savings, service levels, delivery, working capital, and efficiency), using data and insights to identify improvement opportunities and support decision-making.
  • Develop and communicate Corporate Real Estate (CRE) policies and processes, ensuring alignment with functions such as EHS, Security, and Facilities, and supporting compliance with internal and external requirements.
  • Provide ongoing consulting and support to business units on real estate strategy, portfolio optimization, and future space planning needs.
  • Contribute to continuous improvement initiatives and broader sourcing projects, including process optimization, supplier development, and leveraging tools to enhance efficiency and value delivery.
  • Act as corporate credit card administrator for travel and expense and personal expense cards.

Education, Work Experience, Skills, Certificates:

  • Education: Bachelor's Degree (RQ) in Supply Chain, Finance/Accounting, Engineering or Business; MBA (PF)
  • Experience: 5+ years in Strategic Sourcing (RQ) with 3+ years of Global Real Estate (PF).
  • Certifications: CPSM (PF)
  • Proficiency: MS Office, Excel, Word & PowerPoint (RQ), SAP (PF)
  • Maintains the highest level of integrity, ethics commitment to safety and compliance to KMT's code of conduct; role models these behaviors for suppliers.
  • Proven experience in leading and developing the sourcing capabilities of the team, comfortable leading through influence, skilled in all forms of communication.
  • Demonstrates an understanding of internal business processes, external customer segments, strategic direction and business objectives. Aligns business objectives and develops sources of supply based on strategic direction.
  • Understands organization of internal customer groups, key users and characteristics of these customers. Drives to understand customer requirements and uses this information as an input into sourcing decisions. Develops and fosters mutually beneficial customer relationships.
  • Skilled in analytics; leverages ERP software & raw data to organize and prioritize information for decision making.
  • Understands financial concepts including invoices, accounts payable and other financial business processes. Interprets financial data, analyzes cost structures, and determines financial impacts of decisions.
  • Demonstrates excellent communication skills (both verbal & written); and possesses excellent project management skills


Due to the nature of the operations at this facility, consideration as an applicant is limited to individuals who are either a US Citizen or a US Permanent Resident. An expression of interest from anyone who is not a US Citizen or a US Permanent Resident will not proceed for consideration as an applicant.

About Kennametal

Kennametal is a leading manufacturer of industrial tools and components. The company was founded in 1938 and is headquartered in Latrobe, Pennsylvania. Kennametal's products are used in a wide range of industries, including aerospace, automotive, and energy. The company is committed to sustainability and has set ambitious goals to reduce its environmental impact and promote social responsibility. Kennametal is listed on the New York Stock Exchange (NYSE) and is a component of the S&P 500 index.
Learn more about Kennametal
Size
8,635 employees
Market Cap
$1.9 billion
Industry
Net Income
-$8.4 million
Founded
1938
5 Year Trend
-0.5%
Revenue
$1.7 billion
NASDAQ

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