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- Tasks: Manage global rent expenditures and negotiate savings with landlords.
- Company: Join IWG, a leader in flexible working with 4,000 locations worldwide.
- Benefits: Enjoy flexible working options and a commitment to carbon-neutral workplaces.
- Why this job: Be part of a dynamic team driving cost efficiency and sustainability in a growing industry.
- Qualifications: 3+ years in property accounting; degree in finance or related field required.
- Other info: Mid-senior level role with opportunities for professional growth.
The predicted salary is between 36000 - 60000 £ per year.
Join to apply for the Global Rent Manager role at International Workplace Group plc
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Join to apply for the Global Rent Manager role at International Workplace Group plc
About The Role
The Global Rent Manager is responsible for controlling the company’s rent expenditures across the global portfolio of leased properties. The primary objective is to ensure the company pays the appropriate amount of rent while maximizing rent savings by enforcing internal protocols or negotiating external claims with landlords.
Location: Europe (Flexible)
About The Role
The Global Rent Manager is responsible for controlling the company’s rent expenditures across the global portfolio of leased properties. The primary objective is to ensure the company pays the appropriate amount of rent while maximizing rent savings by enforcing internal protocols or negotiating external claims with landlords.
Key Objectives Of The Role
- Controlling the company’s rent spend against annual targets.
- Maximizing rent savings via changes to internal protocols and external cost-savings efforts with our landlords.
Other Accountabilities And Responsibilities
- Prepare monthly report on rent variances, rent expenditures to target, and savings.
- Utilize established rent targets to generate insightful metrics on rent obligations.
- Use analytics to identify trends and opportunities for cost-saving and efficiency.
- Analyse financial reports related to rent expenditures and savings.
- Identify rent claims and escalate them for further investigation and resolution.
- Lead negotiations to resolve escalated rent claims, coordinating with Audit, Legal, and Finance teams as necessary.
- Develop and implement financial strategies to optimize rent spend and savings.
- Ensure compliance with internal accounting policies and liaise with Finance and Accounting teams as necessary to understand rent schedules and financial reporting.
- Collaborate with the finance team to integrate rent data into overall financial planning and reporting.
- Provide financial insights and recommendations to senior management regarding rent-related decisions.
- Conduct regular audits of rent payments and agreements to ensure accuracy and compliance.
- Coordinate with Audit and Lease Admin teams to increase rent schedule accuracy.
Minimum Qualifications
- 3+ years’ experience in property or lease accounting, portfolio or estate management, or related real estate experience.
- Bachelor’s degree in business, finance, real estate, accounting, or similar discipline.
- Excellent analytical and problem-solving skills.
- Demonstrated expertise in organization, time management, and project management.
- Competency in the Microsoft Office suite of products: Teams, Outlook, Word, Excel, PowerPoint.
- Proficiency in financial software and tools, such as Microsoft Dynamics, Power Apps, and Power BI.
Preferred Qualifications
- 7+ years in tenant-side property accounting with experience supporting lease negotiations
- Certified Public Accountant (CPA), Chartered Certified Accountant (ACCA), or equivalent accounting certification.
- Strong understanding of financial regulations and accounting principles including lease accounting standards promulgated by the Financial Accounting Standards Board (FASB) and experience creating or managing GAAP (ASC 842) rent schedules for financial reporting
About The Company
IWG has been at the forefront of flexible working for over 35 years. With nearly 4,000 locations around the globe, spanning brands including Regus, Spaces, Signature and HQ, we have made it possible for businesses of all sizes to make the transition to hybrid working, empowering employees to work wherever and whenever is most convenient.
We help more than 8 million people and their businesses to work more productively, supported by a choice of professional, inspiring and collaborative workspaces, communities and services.
As the world’s leading provider of hybrid work solutions, with four times the number of locations compared to its nearest competitor, IWG is already working with over 80% of the Fortune 500 and counts businesses including Amazon, Netflix, EY and Uber amongst its customers.
Companies of all sizes are shifting to flexible working to lower costs, improve employee retention and lower their carbon emissions. The flexible workspace is expected to grow by 600% by 2023, when 30% of all office space will be hybrid. We are growing our network faster than ever to keep up with demand from customers as we work towards our goal of reaching 30,000 centres.
Carbon Neutral Workplaces
IWG’s purpose of helping everyone have a great day at work, while protecting people and the planet is at the heart of everything we do. We are proud to supply all of our customers worldwide with carbon neutral workplaces, and we have a strong climate action plan in place to help us achieve our objective of Net Zero emissions by 2040.
Leading Employer Award
IWG is proud to be the recipient of a Leading Employer Award for the last 4 years. Awarded exclusively to the top 1% of employers, the accolade is testament to our diverse global workforce and the role everyone plays in bringing our purpose, culture and values to life, every single day.
Join us at https://careers.iwgplc.com/home
Seniority level
-
Seniority level
Mid-Senior level
Employment type
-
Employment type
Full-time
Job function
-
Job function
Business Development and Sales
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Global Rent Manager employer: International Workplace Group plc
Contact Detail:
International Workplace Group plc Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Global Rent Manager
✨Tip Number 1
Familiarise yourself with the latest trends in property and lease accounting. Understanding current market conditions and regulations will not only help you in interviews but also demonstrate your commitment to staying informed in this dynamic field.
✨Tip Number 2
Network with professionals in the real estate and finance sectors. Attend industry events or join relevant online forums to connect with others who can provide insights or even referrals for the Global Rent Manager position.
✨Tip Number 3
Prepare to discuss specific examples of how you've successfully managed rent expenditures or negotiated savings in previous roles. Having concrete stories ready will showcase your experience and problem-solving skills effectively.
✨Tip Number 4
Research IWG's approach to flexible working and sustainability. Being knowledgeable about the company's values and initiatives will allow you to align your answers during interviews, showing that you're a great fit for their culture.
We think you need these skills to ace Global Rent Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in property or lease accounting, as well as any specific skills related to financial analysis and negotiation. Use keywords from the job description to align your qualifications with the role.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the Global Rent Manager position. Discuss how your background in managing rent expenditures and your analytical skills can contribute to the company's goals. Be sure to mention any relevant certifications you hold.
Showcase Analytical Skills: Since the role requires strong analytical abilities, provide examples in your application of how you've used data to identify trends or savings in previous positions. This could include specific metrics or outcomes that demonstrate your impact.
Highlight Team Collaboration: Emphasise your experience working with cross-functional teams, especially in finance and legal contexts. Mention any successful collaborations that led to improved processes or cost savings, as this aligns with the responsibilities of the role.
How to prepare for a job interview at International Workplace Group plc
✨Know Your Numbers
As a Global Rent Manager, you'll be dealing with financial metrics and rent expenditures. Brush up on your financial analysis skills and be prepared to discuss how you've previously managed budgets or identified cost-saving opportunities.
✨Demonstrate Negotiation Skills
Negotiating with landlords is a key part of this role. Prepare examples of past negotiations you've led, focusing on the strategies you used and the outcomes achieved. This will show your ability to handle similar situations in the future.
✨Familiarise Yourself with Relevant Regulations
Understanding financial regulations and accounting principles is crucial. Make sure you can discuss lease accounting standards and any relevant experience you have with GAAP or FASB regulations, as this will demonstrate your expertise in the field.
✨Showcase Your Analytical Skills
The role requires strong analytical abilities to identify trends and opportunities for savings. Be ready to share specific examples of how you've used data analytics in previous roles to drive decisions or improve processes.
