Lease Manager

H&M

  • New York City, NY
  • $125,822-144,699 per year
  • Permanent
  • Full-time
  • 16 days ago
  • Apply easily
Company DescriptionAt H&M, our purpose is to liberate fashion for the many. We want to shape a new world in Fashion. A world with one ultimate goal: to unleash your self-expression. As an H&M colleague, you’re encouraged to be yourself & more. You’ll take on new responsibilities from day one, learn skills for life, and find new ways to make your big dreams come true.Our company is committed to fostering a culture of inclusion and belonging, and we actively seek colleagues who share our commitment.Job DescriptionAs a Lease Manager USA-CA-PR in the Expansion function you act as a leader proposing smart and creative ideas to drive OMNI sales, retain customers and elevate the Brand. While being responsible for a healthy balance between branding and profitability of the store portfolio under your management (both your landlord key account and your assigned territories), you are responsible in the decision-making process for enabling long term Omni growth by optimizing the existing portfolio by Lease actions for existing stores (renegotiations, rebuilds, extensions and terminations) and identifying top locations for new stores. Lease Manager key objectives for each business case include but are not limited to: building a solid Omni strategy, owning and leading the preparation and completion of the necessary economic and financial analysis (Sales call estimation & TAKT follow-up, rent comp, sales transfer scenarios, etc.) aligning all important internal and external stakeholders’ contribution, obtaining the best possible deals by negotiating lease contracts with property owners and presenting to the Americas Committee the full comprehensive package. As a Lease Manager, you work collaborating both internally and externally, always with the future of the forever changing retail world in mind.This hybrid role reports into our Expansion Manager USA-CA-PR and is based out of New York, NY or Los Angeles, CA.A Day in the LifeWorking at H&M means no two days are ever the same, but a typical day will include the following responsibilities*Create growth strategy by developing and maintaining the road map for the geographic regionEnsure full potential in geographic region is mapped and added to the roadmapSecure competition is continuously mappedResponsible for creating and following up on pipelineEnable the optimization of each deal’s selling, location and profitabilityResponsible for the full business case preparation, including Signing packs & P&Ls creation with particular focus on Sales estimation and analysis of Sales transfer between locations, Total Occupancy Costs, Cannibalization, etc.Recommend the full business case in terms of fit with market strategy, location requirements, commercial idea, configuration of space, economic and legal terms and present ready negotiated business cases for approval by Regional managementCoordinate in a positive and collaborative way with other functions before finalizing the negotiations (construction, Store Design, accounting, HR, marketing, merchandising, visual, security, etc.)Assist in facilitating the deal through the legal and construction processEnsure that the portfolio is commercially competitive in the geographic areaNegotiate lease actions for existing stores (breaks, terminations, lease term, extensions, rent reductions)Proactive in looking for ways to improve the portfolio, keeping in mind long term impactWork in close collaboration with the Expansion Manager to set and implement the strategy in your market and do the same for other Lease Managers within the function.Collaborate with Expansion Manager to secure the best overall result for the business.Understand involvement of all other stakeholders and secure their input in the project time plan and service scope delivery.Develop a strong understanding of best practices in LIMA, being responsible of timely data entry and accuracy while providing constructive feedback on how to improve, while assisting others.Required domestic travel up to 60% of time. Some international travel may be required at timesQualificationsWho You Are:Bachelor or Master’s degree in Real Estate, Business/Economics or similar3+ previous leasing skills and good legal understanding highly desiredStrategic planning and long-term visionStrong Planning & OrganizingMulti-tasker with strong prioritization skillsAble to remain calm and positive in difficult situations and under pressureBalance between long-term and short-term planningGood financial understandingExtremely results driven individualKnowledge in MS Office, more specifically Outlook, Excel, PowerPoint, Power BI and MS TeamsAmbitious, competitive, and humble and value having your own responsibilityStrong analytical skills and a strong track record of resultsStrong communication skills and the ability to influence decision makingSocially confident in negotiations and are not afraid to leave your comfort zonePlease list if a driver’s license is needed for the role, and if frequent travel is required for the roleInclusive, positive, open to feedback, willing to multitask and learn on the jobAdditional InformationWhy You’ll Love Working at H&MWe value diverse backgrounds, including but not limited to race, ethnicity, gender, age, religion, sexual orientation, and disabilityWe pride ourselves on being a values-driven organization, guided by our 7 unique values that have been part of our success story for over 75 yearsYou’ll have access to our Colleague Resource Groups (CRGs) to find community and networking opportunities among colleaguesWe are an inclusive company where you’re encouraged to be yourself at workYou will have access to a large global talent community, where career growth and aspirations have no limitsWe believe in supporting your overall wellbeing and offer comprehensive benefits inclusive of health insurance, wellness and family support programs, company match 401k, paid leave programs, and paid time off, including a community day to serve your local communityYou’ll be able to express your personal style with our employee discount at H&M, & Other Stories, and COSCompensation: salary range is $125,822-$144,699 annually***This job posting highlights the most critical responsibilities and requirements of the job and is not all-inclusive. There may be additional duties, and responsibilities assigned for this job at the company’s discretion.**H&M, in good faith, has assessed this posted range of compensation as the accurate range for this role and location at the time of this posting. H&M may ultimately pay more or less than the posted range depending on candidate qualifications. This range may be modified in the future.EEOC Code: PRO

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