Senior Portfolio Manager

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. Every day, EssilorLuxottica’s 180,000 employees in 150 countries work towards a common mission to help people see more and be more.
In Australia and New Zealand, we operate the iconic retail and eye care brands: Sunglass Hut, OPSM, Ray-ban and Laubman & Pank.
 
Reporting to our Director of Real Estate the Senior Portfolio Manager assumes responsibility for negotiating new and existing leases with EssilorLuxottica’s landlords or their representatives for your portfolio. This role involves supervising and assisting the team of Portfolio Managers in their daily operations with a focus on a specific section of the retail network.
Key responsibilities include network planning and creating proposals for upgrading or renovating retail stores within the portfolio whilst ensuring that all operational aspects of EssilorLuxottica’s property portfolio are effectively managed, completed punctually, and conducted within approved parameters.
Requirements for Success
-Identify and negotiate new locations aligned with business goals and network plan.
-Conduct feasibility analysis for new stores, ensuring financial viability; prepare submissions for EssilorLuxottica Board and HQ Corporate Real Estate approval.
-Collaborate with our Lease Admin and Finance Admin to ensure accurate processing and updates of payments in the SAP Property system.
-Directly negotiate lease renewals considering potential store changes consultation with the business.
-Coordinate and oversee market reviews, engage valuers, and conclude lease negotiations as per lease requirements.
-Conduct feasibility assessments for stores needing capital expenditure, ensuring accurate and timely submissions.
-Prepare feasibility reports and fixed asset reviews.
-Generate management reports, including budgeting and forecasting for the broader portfolio.
-Support the Real Estate Director/VP Real Estate with additional long-term network planning reports.
-Coordinate with Project Management & Franchise team to align negotiations with fit out guidelines and assess refurbishment viability within site parameters.
-Submit lease plans, fitout manuals, briefing documents, and capital expenditure information to the Project Team
-Maintain strong relationships with Landlords and contractors, ensuring excellent rapport at all times.
 
Skills & Experience
-Possess a tertiary degree/diploma in Property.
-Minimum 5 years of negotiation experience, encompassing retail leasing
-Established relationships with retailers and landlords
-Expertise in Lease Administration and Retail Tenancy Act.
-Capable of managing and offering recommendations for feasibility analysis to the broader business.
-Proficiency in managing at both strategic and tactical levels within a dynamic environment.
-Preferably experienced with SAP or property leasing management databases.
-Excellent report writing and communication abilities.
-Willingness and ability to travel frequently interstate and overseas.
 
Working at EssilorLuxottica
A career with EssilorLuxottica 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
-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 volunteering opportunities through our OneSight Foundation
-Wide range of career opportunities across the EssilorLuxottica network
-Complimentary full-time concierge services offering an exclusive hotel-style experience!
-Options for a hybrid working environment
-Holiday Club – 1 extra week of annual leave (Totals 5 weeks of annual leave per year)
 
Next Steps
To be considered for this opportunity, please click apply and send your cover letter and resume today.
 
As an inclusive, team-first company, our people are at the core of everything we do. 
We are a highly diverse group of over 80,000 individuals in 150 countries, we are united as one enthusiastic community of dedicated, fun and passionate people. We have always been committed to making the best glasses possible to enable people to enjoy the beauty of life in all its forms.  A unique brand portfolio that includes proprietary brands prestigious licensed brands such as Giorgio Armani, Burberry, Bulgari, Chanel, Valentino and Versace is among EssilorLuxottica's core strengths.
We care deeply about creating a workplace where our team members feel valued, respected and empowered. We are committed to providing equal opportunity regardless of gender identity, ethnicity, disability, sexual orientation or life stage.  We work hard to create a safe and inclusive environment for all, and most importantly, we're all about creating better experiences – for our customers and for each other.