Job Responsibilities
Geographical Information Systems model simulation & maintenance -
2 hrs. day
Managerial finance analysis and reporting - 2hrs. day
Managing and training people - 1 hrs. day
Financial pro-forma creation and auditing - 1 hr. day
Lease database querries - 1/2 hr. day
Contract/Lease negotiation - 1/2 hr. day
Depatmental planning/budgeting - 1/2 hr. day
Real estate/modeling proposal creation - 3 hr. week
Proposal presentations - 2 hrs. every other week
Site visits - 3 days a month
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Job Requirements
Personally (if this is what you mean):
4-year undergraduate degree with B-average from an accredited
college/university.
Part-time MBA from a top-10 college with emphasis in market
research & real estate.
Subjects studied for MBA had to be approved by employer and
related to work.
Grades had to be B or better.
Professors were not considered.
Though school work complemented business, employer demanded that
school work did not interfere with business.
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Uppers
The best part about my job is the end result of analysis and changing the
culture of the 80-year old organization I work for. There are many stuborn
executives in this company and convincing them to leave their comfort zone
requires a diligent and persistent stream of logic. However, winning them over
is a big rush.
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Downers
The worst parts about this job are the hours worked and the pay.
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Lifestyle
Work hours range between 60 and 80 hours per week. Travel depends on the
project flow, but can occupy between 20-40% of the year. The company only has
traditionally had only 1 social event, the annual Christmas party, but has
cancelled that over the for the last 3-years. Dress code is business casual, but
business formal is required for meetings with senior executives and customers.
The company has historically struggled with diversity and this struggle persists.
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Compensation
Base salary = 54,340/year,
Bonus (target) = 25% of base,
Bonus (max) = 35% of base,
Full medical and dental,
401k program offered,
6% stock match.
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Advice to Jobseekers
Ultimately this field boils down to real estate analysis, market
analysis and a keen understanding of DCF models and cash flows.
Since it has become very costly to arbitrarily commit vast
amounts of corporate capital investments in luke warm markets,
site modeling is a logical way to insure that the corporate
portfolio of real estate investment in retail/wholesale
distribution facilities is sound and yields a competitive
advantage over those who have not taken such steps. The
responsibilities associated with the position can be immediately
transferred to many other businesses and industries which
enhances my marketability. So long as common sense is integrated
with analysis, I expect that those in this position or in similar
positions will go far.
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