Sr. Manager, Real Estate Acquisitions

Hydro One Networks Inc • Markham, ON

7d • CA$105,400 - CA$136,400 • Onsite

About The Position

Hydro One is seeking a Sr. Manager, Real Estate Acquisitions to provide quality and cost-effective real estate services and strategies, supporting Hydro One’s transmission and distribution business. This role is responsible for protecting and enhancing the value of the Corporation’s real estate and facility assets and pursuing external revenue opportunities. The position involves developing and implementing real estate and facility programs, managing a team of approximately 35 staff across various functional areas, and overseeing real estate acquisition rights programs and projects. The Sr. Manager will also act as a key service provider representative for Hydro One’s contract with the provincial government for corridor land management and leasing, manage investment programs for real estate assets, negotiate leases and land agreements, and provide specialized real estate services. Additionally, the role requires developing and managing business plans and budgets, responding to public inquiries, and ensuring client needs are met through performance standards and feedback monitoring. Managerial accountabilities include leading and developing a team, ensuring compliance with legal and corporate policies, fostering a collaborative environment, and maintaining a safe and healthy work environment. The company values diversity, innovation, and inclusiveness, and is recognized as one of Canada’s Best Employers.

Requirements

• Collateral relationships with respect to the Vice-President, Lands, Buildings, Services and Security.
• Management and leadership experience for real estate and facilities staff.
• Experience in managing real estate acquisition rights programs and projects.
• Experience in overseeing negotiation strategies, policies and settlements.
• Experience in managing contract with provincial government for corridor land management and leasing.
• Experience in managing ‘secondary use’ land licensing and easement programs.
• Experience in recommending and implementing investment programs (capital and operating) for real estate, buildings and facilities.
• Experience in negotiating commercial/industrial space leases and term land agreements.
• Experience in providing specialized real estate services in property assessment and taxation, employee relocation, rights management, records and inventory management, mapping and GIS implementation.
• Experience in developing, monitoring and managing real estate/facility business plans and budgets.
• Experience in responding to public and external issues related to lands and buildings.
• Ability to meet client needs by setting and meeting performance standards, adjusting to changing requirements, and monitoring performance and client feedback.
• Ability to manage a team and achieve approved programs and targeted results.
• Ability to assess staff capability and develop their skills.
• Ability to conduct personal effectiveness reviews.
• Ability to mentor and counsel subordinates.
• Ability to set context for subordinates, including corporate strategies, policies, accountabilities, tasks, budgets, programs, compliance, and performance targets.
• Ability to establish policies and procedures for the work of the unit.
• Ability to ensure compliance with legal, regulatory, and corporate requirements.
• Ability to establish a two-way working relationship with subordinates.
• Ability to translate corporate goals into unit direction and communicate it to staff.
• Ability to define specific tasks for subordinates.
• Ability to communicate expectations regarding collateral relationships among subordinates.
• Ability to provide a safe and healthy work environment.
• Ability to ensure subordinates comply with safety and health requirements.
• Ability to provide a work environment that supports diversity and is free from harassment.
• Ability to take reasonable precautions for the protection of subordinates, the environment, and assets.
• Ability to provide for the security of human and physical resources, including information.

Nice To Haves

• Experience with First Nations and government entities in negotiations.
• Experience with employee relocation services.
• Experience with property tax management.
• Experience with records and inventory management, including mapping and GIS implementation.
• Experience with managing external revenue opportunities.

Responsibilities

• Develop, implement and monitor real estate and facility programs and services that contribute value to Hydro One’s business strategies.
• Prepare 2-5 year specific asset strategies and implementation plans for Hydro One lands, buildings and facilities.
• Manage and provide leadership for Hydro One’s real estate and facilities through approximately 35 staff in functional areas including Corridor Land Management, Rights Acquisition, Leasing, Aboriginal Lands, Employee Relocation, Property Tax, Records and Facilities.
• Deliver real estate and facility work programs and set priorities.
• Ensure effective management systems are in place for health and safety, the environment, and financial resources.
• Manage the real estate acquisition rights programs and projects for the transmission and distribution business.
• Oversee negotiation strategies, policies and settlements with landowners, First Nations and government entities.
• Plan direction and act as the key service provider representative for Hydro One’s contract with the provincial government for the management and leasing of corridor lands.
• Manage the ‘secondary use’ land licensing and easement programs to external customers, including technical lines and environmental assessments.
• Recommend and implement an investment program (capital and operating) for Hydro One’s real estate, buildings and facilities.
• Negotiate new and renewal commercial/industrial space leases and term land agreements.
• Oversee the payment and auditing function associated with agreements.
• Provide cost-effective specialized real estate services in property assessment and taxation, employee relocation, low voltage inquiries, rights management, records and inventory management, including mapping and GIS implementation.
• Develop, monitor and be accountable for the real estate/facility business plans and budgets.
• Respond to public and external issues with respect to Hydro One’s lands and buildings.
• Meet transmission and distribution client needs by setting and consistently meeting performance standards, adjusting to changing requirements, and monitoring performance and client feedback.
• Manage the unit and achieve approved programs and targeted results.
• Ensure subordinates are capable of producing required outputs and continually improve processes.
• Assess staff capability for current and future work.
• Conduct personal effectiveness reviews of subordinates.
• Mentor and counsel subordinates.
• Set the appropriate context for subordinates, including corporate strategies, policies, accountabilities, tasks, budgets, programs, compliance, and performance targets.
• Set an effective framework of policies and procedures for the unit's work.
• Ensure compliance with all legal and regulatory requirements, corporate policies, procedures, and generally accepted practices.
• Establish a two-way working relationship with subordinates to solicit views on conditions, changes, and improvement opportunities.
• Translate corporate goals and objectives into a direction that guides the unit's work.
• Communicate that direction to all staff.
• Define specific tasks for subordinates to achieve desired results or accommodate business changes.
• Communicate expectations regarding collateral relationships among subordinates.
• Provide subordinates with knowledge, skills, information, work procedures, and equipment to facilitate responsible behavior for safety and health.
• Provide a work environment and facilities where health and safety incidents are minimized.
• Provide a work environment that supports and values diversity and is free from harassment.
• Ensure subordinates comply with all legal and regulatory requirements, corporate policies, procedures, and generally accepted practices.
• Ensure every reasonable precaution is taken for the protection of subordinates, the environment, and assets.
• Provide for the security of human and physical resources, including information.

Benefits

• Extensive offering of programs to promote a culture of safety, wellbeing, inclusivity, and sustainability.
• Compensation based on pay-for-performance philosophy for management roles.
• Annual adjustments and incentive payments depend on individual and company performance (subject to plan terms).

What This Job Offers

• Job Type: Full-time
• Career Level: Manager
• Education Level: No Education Listed