Review Leasing Executive
5 days ago
We've been trusted to serve Aussie communities since 1914 and grown to become a top 30-listed on the ASX with over 115,000 team members and a portfolio of iconic brands. At Coles Group, you'll not only get to make a difference to millions of Aussie lives—you'll also get to see your impact.
About the teamProperty looks after one of Australia's most dynamic portfolios. With an extensive footprint of over 1,800 retail outlets nationally, we're growing every day. Our team manages every one of these locations, and we work together with our business units on all thing's property, from site acquisition through to asset management.
About the roleWe're growing fast—with a major pipeline of shopping centres under development and more than 250 lease negotiations on the cards over the next few years. To keep pace, we're looking for a Review Leasing Executive to join our national review leasing team and play a pivotal role in how we ensure current Liquor leases are reviewed and renewed on time.
This is a fantastic opportunity to work on impactful projects that connect with communities, collaborating across projects and leasing. If you're looking to take ownership, be an SME, and make your mark—this is it.
What you'll do
Reporting to the National Review Leasing Manager, this role will see you liaising with both internal and external stakeholders to ensure current Liquor leases are reviewed and renewed on time, to the profit benefit of the business.
You'll own your portfolio, review and negotiate on leases, and ensure all compliance and legal documents are watertight and in a timely manger. Meanwhile, you will be leveraging your financial aptitude to model your own financials via excel, to ensure you are making data-driven decisions.
You'll also:
- Ensure that all market rent reviews are administered as per lease requirements
- Negotiate the most favorable outcome for the brands in minimizing the occupancy costs of each store
- Manage the maintenance of store tenure in accordance with business strategy, by acting on option exercise clauses within leases, and negotiating new lease terms and variations to existing lease terms.
- Interpret the terms of leases
- Modify, prepare and model financial business cases for business approval and to prepare customised reports as required
- Assist in reporting for the Review Leasing Team
- Prepare Liquor budgets
Experience is a must – you would have worked in a similar role and have demonstrated experience in negotiations and understanding / reviewing rental market rates, legal documentation, along with any relevant legislations.
You'll also have:
- Proven management and leadership skills with a strong emphasis on interpersonal skills.
- Highly effective verbal and written communication skills and experience in preparation of board papers
- Tertiary qualifications in property, commerce, information systems, finance or business
- Reporting experience in a property management/leasing business
- Advanced excel computer skills
- Financial modelling skills
- An understanding of the retail property environment
- Ability to work across functions with various stakeholders
What's in it for you?
- Flexible working options: We know that work is only one part of your life, so we actively encourage a positive work-life balance and provide hybrid working options to help you achieve it.
- Office perks: Take advantage of our gym facility and fitness classes, free parking, BBQ area, mini-Coles supermarket, fooderie hub where you can sample new products before they hit the shelves, school holiday program and so much more when you come in.
- Discounts: Eligible team members receive 5% discount all year round on your Supermarket and Liquor online and in-store purchases. We also offer additional periods of double discount (10%) at various times throughout the year. As well as hotdeals exclusive to team members that translate into additional savings.
- Reward through recognition: Give and receive recognition, linked to our Coles values, through our digital recognition platform 'mythanks'. You can accumulate points to redeem in the online shop for exciting gifts and electronic gift cards from an extensive range of retailers.
- Opportunities for learning and development: No matter where you start within our diverse business, you'll have experiences, exposure, and education to satisfy you. Discover and explore a variety of career development programs and job-specific training.
- Paid parental leave: We understand how important your life outside work is and offer permanent team members paid parental leave to support you in balancing work and family.
- Investment in your future: Our annual team member share plan offer allows eligible team members to make regular pre-tax salary sacrifice deductions to purchase Coles Group shares.
We're continuing to build a gender equitable team, and a culture that is just as diverse, inclusive and welcoming as the communities we serve. We are committed to creating a workplace that is safe and respectful for our team. We encourage applications from people of all ages, cultures (including Aboriginal and Torres Strait Islander peoples), abilities, sexual orientation and gender identities.
We're happy to adjust our recruitment process to support candidates with disability. For further information and additional contact details visit the 'Our Recruitment Process' section of our careers site or email
Job ID: 161270
Employment Type: Full time
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