Director, Real Estate Transaction Management

Who we are

Together, we’re on a mission to make good health more affordable and accessible, to help millions around the world enjoy healthier lives. It’s a mission that bonds our people across nearly 60 countries and a rich, diverse variety of nationalities and backgrounds. Working here means working with the world’s leading manufacturer of generic medicines, and the proud producer of many of the products on the World Health Organization’s Essential Medicines List. Today, at least 200 million people around the world take one of our medicines every single day. An amazing number, but we’re always looking for new ways to continue making a difference, and new people to make a difference with.

The opportunity

Reporting to the VP of Facilities Management, the Director, Real Estate Transaction Management will take on a critical role within our North American facilities management team. Responsibilities include:

 

• Coordinate, execute and monitor all transaction processes (project initiation forms, deliver market surveys, site tours, RFI/RFPs, LOI, building evaluation matrixes, lease execution and transaction closeout) for capital and lease acquisitions, sale/leasebacks and dispositions through 3rd party, local market teams across multiple geographies.
• Proactive management of lease events (breaks and expiries).
• Prepare, review, analyze, and interpret financial analysis templates including cash flow projections, NPV, P&L to determine the financial impact of transaction scenarios.
• Gather and evaluate economic, demographic, and real estate market data for input into deliverables and valuation models. Develop strong understanding of the wider market place in order to advise on trends and transactions;
• Review lease documents, write lease summaries and abstracts, and review other materials as part of the due diligence process
• Present business cases (scenario planning and recommendations) related to utilization, location, quality, investments and cost of the clients’ real estate portfolio of leased and owned properties;
• Drive innovation and continuous improvement by bringing ideas for improvement or change to help differentiate
• Engage with leadership and stakeholders to define objectives and agree requirements at the outset of a strategy and transaction
• Build strong working relationships with 3rd party brokers, portfolio team, Teva Facilities, Legal, EHS and Senior Management as part of the execution of transactions.
• Handling of all real estate contracts in coordination with the Global Real Estate Senior Director, the legal department and the site director.
• Manage the real estate portfolio in the designated database and ensure it is updated and maintained

 

Location: This is a hybrid position (3 days/week in office) that can be based out of our Parsippany, NJ OR West Chester, PA offices

Your experience and qualifications

• Minimum of a Bachelor’s degree Business, Finance, Real Estate or Law. Master’s degree preferred
• Minimum 10 years’ experience in domestic and international corporate real estate, including acquisitions/dispositions, development, leasing and facilities/property management.
• Minimum of 5 years’ experience overseeing management level employees
• Well-developed management skills, with experience in team building and leadership
• Experience with Manufacturing, R&D, and Distribution operations at a pharmaceutical or other regulated company preferred
• Outstanding people, communication, and problem-solving skills are required for this position.
• Proven ability to initiate, manage, and successfully implement significant change processes.

Enjoy a more rewarding choice

We offer a competitive benefits package including Medical, Dental, Vision, and Prescription coverage starting on the first day. We also offer Disability and Life Insurance, Paid Time Off, 6% match on the 401(k), Employee Stock Purchase Plan and Tuition Assistance. For more information on Teva, check us out at www.tevapharm.com or www.tevausa.com

Already Working @TEVA?

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