Sr. Director, Transaction and Portfolio Management
Marvell
- Santa Clara, CA
- Permanent
- Full-time
- Create, manage pipeline, and execute short- & long-range leasing assignments worldwide (Americas, APAC, EMEA, and India) in response to approved business unit requirements.
- Implement real estate strategies that are balanced with corporate governance compliance and standards, as well as real estate strategy/space guidelines as developed within the Corporate Real Estate & Workplace organization.
- Secure market data and intelligence to inform new property acquisitions, renewals, or dispositions of excess space related to growth, contraction, consolidation, and M&A portfolio initiatives.
- Provide guidance to Finance for AOP, project budgets, site restructures as well as data for other reporting requirements of the Company (10K and Annual Reports).
- Collaborate with regional delivery teams, assemble and reconcile the information necessary to build business cases, and to help ensure alignment between portfolio strategies with business objectives.
- Assist Space Occupancy and Facility Managers to identify and prioritize portfolio improvement opportunities consistent with the overall portfolio optimization plan and developing alternatives to capture these opportunities.
- Manage entity registration offices and coordinating entity requirements with Tax, Legal, HR and Compliance.
- Partner with Finance, internal & external Legal and Project Management for execution and delivery alignment, respectively.
- Responsible for day-to-day oversite of outsourced Lease Administration provider activities, including review, quality control, and process improvement of:
- Monthly Accounts Payable Variance reporting
- Monthly Accounts Receivable Variance reporting
- Lease Abstractions
- Self-audit program
- Desktop and Full-scope Audit Program
- Database Migration
- Coordinate and manage weekly transaction activity updates regarding in-flight assignments, lease contract negotiations, new lease abstractions and workflow reports.
- Single point of contact for internal audit (SOX compliance) and external audit related to Real Estate Lease Accounting.
- Approver of lease abstracts as relates to 842 accounting impacts and adjustment of accounting schedules as needed for timing/proration of rent.
- Coordination with Finance on restructure accounting activities, including asset retirement obligation (ARO) updates.
- Lead creation of reporting materials to measure portfolio efficiency and effectiveness (various cost, occupancy and flexibility metrics).
- Generate portfolio analytics that will support data-driven decision making for managing the global portfolio.
- Oversee the review and negotiation of multi-site service contracts for the corporate real estate organization.
- Negotiate scopes of service, direct and indirect costs, fees, and terms and conditions through interaction with Marvell subject matter experts.
- Bachelor's Degree in finance, accounting, or related areas of study.
- 15+ years of experience and a demonstrable understanding of real estate transactions, lease administration, lease accounting, and portfolio management.
- Excellent financial acumen and attention to detail.
- Ability to collaborate effectively with cross-functional teams.
- Strong interpersonal and communication skills using the English language, both oral and written, including advanced negotiation skills