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Chevron

Associate Specialist, Property

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Job Description

Total Number of Openings

1

Chevron Malaysia Limited is accepting online applications for the position of Associate Specialist, Property located in Kuala Lumpur, Malaysia through August 21, 2024 at 11:59 p.m. (Eastern Standard Time).

Responsibilities for this position may include but are not limited to:


Property Management: Control security of tenure for market property portfolio and identify tenure extension requirements, managing any related legal/contract documentation, as appropriate. Manage all property (equity sites) functions, including property purchases, new leases, lease renewals and other property and facility related actions including divestments, abandonments, landbank, and government-related takings and easements. Assist in the development and updating of a property database and the finance department to ensure correctness of tenure details and rental and tax payments, to eliminate unintended tenure expiries and to minimize property related expense. Identify priority network tenure security and redevelopment opportunities in conjunction with the retail/marketing team to secure Chevrons position at its retail sites. Improve property returns and enhance Chevrons ability to serve its customers. Negotiate and motivate appropriate extensions of tenure and/or redevelopment opportunities on the most cost effective basis possible.

Network Development & Dispositions: Manages the retail capital investment plan for company owned assets (Company Owned Company Operated / Company Owned Retailer Operated / Commission Agent) within assigned area. Responsible for sale, negotiations and security of approvals of all surplus properties or landbank. Becomes an expert in property values within the specific geographic area of responsibility. Organizes HES risk assessment on appropriate sites. Interfaces with Retail and Network to understand and identify and quantify monies needed for any upgrades or tail optimization opportunities that may require planned action related to network development.

Site Management: Manages all land-related issues with governing authorities such as right-of-way takings, zoning authorities, condemnations, easements, etc, to ensure that existing Chevron owned facilities meet all regulatory requirements and take cognizance of any future government plans.

Contract Management: Responsible for reviewing land agreement and backcourt partnership agreement to ensure it meets Chevron and local regulations. Ensures proper coordination with key stakeholders on the agreement review include local/external legal advice. This includes proper documentation and retention system.

Approval Request & Financial Analysis: Ensure quality of BAR or GO-36 expenditure requests (management approval) in conjunction with the District Sales Manager and coordination with stakeholders. Supports market team by running financial analysis and providing property related assistance. Conducts economic feasibility studies for all proposed projects in the assigned area. Prepares and assembles BAR or GO-36 expenditure request information packages required for facility upgrades and lease renewals/extensions, including locality map, site study/plan, permitting information, economic analysis, and justification. Participate in the project lookback and provide area for improvement.

Relationships: Work with service providers for market/land valuation for activities such as landbank, divestment, disposal, acquisition of new site, backcourt partnership. Maintaining relationship with property services to understand the market and environment updates in terms of property, space, market price/rental. Support the backcourt especially equity site by collaborating with NFR (Non-fuel revenue) partnership and relationship with backcourt partners in terms of tenancy, agreement, rent negotiation, site requirement, etc.

Required Qualifications:


Minimum of 3 years working experience in any of these field: retail, non-fuel retailing, business development, real estate.

Demonstrated strong leadership and oral and written communication skills

Proven capability of working very collaboratively with stakeholders across several countries and businesses

Great interpersonal skills in managing relationship and strong influencing skills.

Knowledge of property/real estate, building & tax codes, is added advantage

Mobile and ability to travel

International Considerations:


Expatriate assignments will not be considered.

Chevron regrets that it is unable to sponsor employment Visas or consider individuals on time-limited Visa status for this position.

Chevron is an Equal Opportunity / Affirmative Action employer. Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or protected veteran status, or other status protected by law or regulation.

Chevron participates in E-Verify in certain locations as required by law.

More Info

Industry:Other

Function:real estate

Job Type:Permanent Job

Skills Required

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Date Posted: 23/10/2024

Job ID: 97601299

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