Bridgestone Americas • Nashville, TN 37230
Job #2677469295
Company Overview
Wherever you work and whatever role you fill, when you represent the Bridgestone name you know that you are a valued teammate who is part of our larger mission to "Serve Society with Superior Quality." We start by offering each teammate more than just a salary. We provide formal training, competitive performance incentives, paid vacation and holidays, healthcare packages for full-time and part-time employees, and a 401k plan to help build your future.
We believe people can only provide superior service and quality to others when they are allowed to bring their whole selves to work and know they are supported. We believe in championing all perspectives, individuals and teams because we understand the importance of seeing the world and our business through many different lenses. We are building a team as diverse as the world we serve. So, show us what you're made of. Show us the smart stuff, the tough stuff, the bold, beautiful and brave stuff. Because who you are is what we need.
Bridgestone Americas, Inc. is headquartered in Nashville, Tennessee and is the U.S. subsidiary of Bridgestone Corporation headquartered in Japan. Bridgestone Americas and its subsidiaries develop, manufacture and market a wide range of Bridgestone, Firestone and associate brand products to address the needs of a broad range of customers and industries.
Job Category
Real Estate
Position Summary
The Senior Director, New Store Development and Enterprise Real Estate is responsible for strategic and tactical leadership across an array of real estate holdings and initiatives including retail development, industrial, office, and manufacturing assets.
This role is responsible for the management, development, and success of a team consisting of six (6) real estate professionals.
** This position has the option to be a remote opportunity **
Responsibilities
Retail New Store Development
Strategic Planning
Market Planning and Strategy
Site Selection
Financial Analysis and Capital Management
Ensure new store development investments met or exceed required investment return thresholds including IRR, Payback, and ROIC.
Accountable for the accurate stewardship and reporting of capital budgets ranging from $50M to $150M per year.
Sr. Leadership Engagement
Responsible for preparing and conducting monthly Real Estate Committee meetings with Sr. Leadership including President, Bridgestone Retail Operations and BSRO VPs (Operations, Finance, Real Estate).
As pertinent to real estate, participates in presentations and meetings with BSAM Executive Committee in the evaluation of strategic M&A opportunities and long-range growth planning.
Enterprise Real Estate
Strategic Planning
LSCM
Engage with Sr. Leadership including BSAM Executive Committee to define and execute real estate's role in long-term planning for BSAM's distribution center network.
Via end-to-end project oversight, ensure the successful execution of real estate matters critical to BSAM's supply chain infrastructure. Project types to include market studies, site selection, new development, acquisitions, expansions, sale leasebacks, portfolio management and lease administration.
Office Space Utilization
Strategic Operating Cost Rationalization
LATAM
Special Projects
Other Responsibilities
Team Leadership
Build and lead a high-performing team, providing guidance, support, and strategic direction.
Foster a collaborative and innovative environment that encourages creativity, problem solving and program execution.
Compliance
Relationship Management
Cultivate and maintain strong relationships with external partners including developers, brokers, landlords, and vendors.
Collaborate with internal teams, including operations, finance, legal, and accounting to ensure a seamless transition from development to operational phase
Qualifications
BS or BA required; specialty real estate professional certifications (CPM, CCIM or MRE preferred). MBA or JD a plus.
At least 10 to 15 years of real estate experience with a large retailer and at least 10 years of experience building and leading a team of real estate professionals.
Advanced real estate technical and process knowledge for a wide array of real estate asset types including retail, industrial, manufacturing, and office.
Strategic mindset balanced with strong process and controls discipline related to pipeline building, budget stewardship, and execution.
Detailed knowledge of real estate transactional and financial documents including leases, purchase agreements, asset purchase agreements, due diligence materials, construction contracts, and proformas.
Ability to collaborate and operate cross-functionally in a hybrid work environment and deliver presentations to all levels of management including Executive Committee.
Strong industry relationships among real estate and development professionals, build to suit developers, retail brokers, shopping center developers, industrial brokers and developers, and major industrial landlords / REITs.
Minimum Qualifications
Bachelor's degree ; 10+ years of relevant experience including 7+ years management or leadership experience Or Master's degree; 8+ years of relevant experience including 5-7 years management or leadership experience
Bridgestone is proud to be an Equal Employment Opportunity / Affirmative Action employer. It is our policy to consider for employment all individuals regardless of age, color, national origin, citizenship status, physical or mental disability, race, religion, gender, sex, sexual orientation, gender identity and/or expression, genetic information, veteran status, or any other characteristic protected by federal, state or local law.
Employment Eligibility
If hired, a Form I-9 Employment Eligibility Verification must be completed at the start of employment. Temporary work authorization or the need for sponsorship may disqualify you from employment.
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