Portfolio Manager

6 days ago

North Sydney, Australia 6000017 Full time

We are EssilorLuxottica, a global leader in the design, manufacture and distribution of ophthalmic lenses, frames and sunglasses. Formed in 2018 by the combination of Essilor and Luxottica, our Company combines two centuries of innovation and human endeavour to elevate vision care and the consumer experience around it. We are home to the most loved and widely-recognized vision care and eyewear brands in the world. Our proprietary eyewear brands include Ray-Ban, Oakley, Costa, Vogue Eyewear, Persol and Oliver Peoples, complemented by over 20 prestigious licensed brands. Our advanced lens technologies include Varilux, Crizal, Eyezen, Stellest and Transitions. We offer superior shopping and patient experiences with a network of 18,000 stores including world-class retail brands like Sunglass Hut, LensCrafters, Salmoiraghi & Viganò and GrandVision.

Every day, EssilorLuxottica’s 180,000 employees in 150 countries work towards a common mission to help people see more and be more. In 2021, the Company’s milestones included a collaboration with Meta to launch Ray-Ban Stories smart glasses; the acquisition of GrandVision bringing 39,000 new employees into our family; expansion of our International Employee Shareholding community, and the launch of Eyes on the Planet, our strategic approach to sustainability.

In Australia and New Zealand, we operate the iconic retail and eye care brands: Sunglass Hut, OPSM, Ray-ban and Laubman & Pank.

**About Luxottica**

Luxottica is the leader in the design, manufacture and distribution of fashion, luxury and sports eyewear and eyecare around the world.

Our portfolio includes proprietary brands such as Ray-Ban and Oakley, as well as licensed brands including Giorgio Armani, Burberry, CHANEL, Dolce & Gabbana, Prada, Ralph Lauren, Tiffany & Co., Valentino and Versace.

Our global wholesale distribution network covers more than 150 countries across 5 continents and is complemented by an extensive retail network of approximately 9,100 stores, which includes Sunglass Hut, Ray Ban, Oakley, OPSM and Laubman & Pank in Australia and New Zealand.

**Your Opportunity**

Our Portfolio Manager ensures that the day-to-day aspects of Luxottica’s property portfolio are in order and completed on time and within approval. This role will be reporting to our Real Estate Director and is responsible for the negotiation of new and existing leases with Luxottica’s Landlords, and/or their agents for the portfolio of properties allocated. The role has primary ownership for that part of the retail network, network planning, and compiling capital proposals for the upgrade or refurbishment of retail stores within the allocated area.

**Requirements for Success**
- Identify & negotiate for new and existing locations in line with the business direction and the network plan.
- Undertake feasibility analysis for the new stores, liaising with the business to ensure financial viability of the proposal. Complete the submission to Luxottica Board for approval and prepare submissions for Corporate Real Estate approval in HQ.
- Liaison with Lease Admin and Finance Admin to ensure payments are processed and updated accurately in the SAP Property system
- Ensure leases are renewed on time and to budget (at minimum) and to minimise the exposure to the business by having leases on holdover.
- Liaison with Legal/Lease Admin to ensure documentation/payments are submitted and executed on time to ensure store open dates are met
- Preparation of all feasibility reports and fixed asset reviews
- Ensure that at all times the company has excellent working relationships with its Landlords and contractors, including attending on occasions any senior meetings to conclude any outstanding matters
- Negotiate directly for renewal of leases, taking into account possibility of expansion/reduction of store, relocation, closure, etc. in consultation with the business.

**Skills & Experience**
- Must ideally possess a tertiary degree/diploma inPproperty
- Established relationships with retailers and landlords.
- Expertise in Lease Administration and Retail Tenancy Act
- Ability to manage and provide recommendations to the broader business on feasibility analysis
- Ability to manage at both strategic and tactical levels within a rapidly changing environment
- Excellent report writing and communication skills
- Ability to travel interstate/overseas frequently

**Working at Luxottica**

A career with Luxottica will offer you rewarding experiences and the opportunity to develop your skills every day. Working at our head-office located in North Sydney, you will enjoy:

- A generous yearly product allowance for you to spend across our portfolio of brands
- Discounted onsite parking and product discounts for family & friends
- Wellness amenities including reformer a Pilates studio, Yoga classes, Personal training and Bike storage.
- Abundance of local cafes, a major shopping centre and close to public transport facilities
- Global volunt

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