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Senior Transaction Manager

JLL Parsippany-Troy Hills Full-Time
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Our Transaction Management team helps clients strategize, evaluate, and execute real estate transactions to meet their business and occupancy needs. Our Transaction Manager will manage and execute lease and/or capital transactions while fostering client relationships and business growth.  S/He will be responsible for preparing regular reporting, analyses, budgets, cash flow forecasts, memorandum documenting significant client issues and strategic planning. S/He will work primarily on straightforward projects or in a support role on more complex projects.  S/He Works independently or as part of a team; will occasionally supervise or manage the workload of Analysts and other duties as assigned.  S/He will also work on and will be asked to direct special projects/assignments as needed. 
 
Our Transaction Manager will manage and work with professionals across a wide variety of disciplines and business units.
 
ESSENTIAL FUNCTIONS
MANAGE CLIENT RELATIONSHIPS

  • Assume key transaction responsibilities for strategic clients
  • Provide advice on client transactions
  • Attend regular client meetings and conference calls
  • Improve client transaction management processes
  • Work directly with clients/team members to resolve financial model, transaction and landlord issues
  • Manage building tours with the team/client
  • Manage transaction reporting to the clients

 
TRANSACTION SUPPORT

  • Independently manages and executes small and mid-size transactions with high level of proficiency and knowledge; assist with managing and executing large, complex transactions
  • Delivers measurable value by negotiating favorable economic and flexible lease terms for the client.
  • Work with IT to customize reports, dashboards and analytics specific to account team usage
  • Assist Client in completing a large number of transactions annually and independently execute lease and capital transactions of all types and sizes while adhering to Jones Lang LaSalle’s and the Client’s processes and standards for expertise and professionalism
  • Actively monitor progress of assigned transactions
  • Collect client requirements, obtain market data, review market reports, retain real estate broker partners nationally, oversee site selection and site evaluation, create requests for proposals (RFP’s), negotiate letters of intent, leases, purchase and sale agreements, and prepare approval packages for client’s senior management
  • Develop occupancy cost savings strategies, develop and evaluate alternative occupancy solutions and financial structures and refine existing transaction processes and procedures
  • Review commission invoices for accuracy and progress on payment; review Dealio for accuracy and assure it is updated regularly
  • Analysis/Analytics
  • Establishes strong trusted relationships
  • Proactively assists clients in managing real estate portfolio to achieve cost reduction, financial occupancy optimization, monetization, and other client goals
  • Monitors and evaluates implementation programs against strategies and provides timely reporting of the effectiveness of strategy against implementation
  • Evaluate client building alternatives
  • Evaluate lease options
  • Track transactions on web based applications
  • Prepare detailed analysis, including NPV cash flows
  • Prepares complex financial analyses (e.g. headquarters, master plans, lease backs, etc.)
  • Integrates complex occupancy scenario planning into financial analysis
  • Review, understand and abstract complex real estate documents as part of the team’s underwriting and due diligence process
  • Writes lease summaries and abstracts
  • Updating reports, presentations, and analyses
  • KPI tracking
  • General and ad hoc reporting as needed to support transaction activities
  • Financial accounting and reporting
  • Prepare commission invoices and track payment

 
EDUCATION AND EXPERIENCE

  • Bachelor’s Degree in Business, Finance, or Real Estate.
  • Minimum of 3 years of relevant work experience
  • Minimum of 2 years as a Transaction Manager
  • Minimum of 2 years as a Senior Real Estate Analyst

 
KNOWLEDGE, SKILLS, AND ABILITIES

  • Knowledge of real estate leases and accounting procedures
  • Analytical ability, both financial and qualitative
  • Advanced computer skills (MS Office, including Excel, Word, Power Point, and Outlook)
  • Presentation skills
  • Modeling complex occupancy scenarios, including multi-facility consolidations, city plans and metro area consolidations
  • Attention to detail
  • Organization Skills
  • Well-developed verbal and written communication skills
  • Negotiation, Leasing and Interpersonal skills

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Recommended skills

Attention To Detail
Professional Attitude
Leasing (Contract Law)
Real Estates
Presentations
Coordinating

Location

CareerBuilder Estimated Salary

Based on Job Title, Location and Skills
$140K
Below Avg. Average Above Avg.
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Job ID: REQ35998

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