Business Lead of Acquisitions and Development

3 days ago

London, Greater London, United Kingdom McDonald's Full time
About the Role

The Business Lead of Acquisitions, Construction and Real Estate Management will be responsible for leading the Development agenda in one of the largest real estate opportunities across the UK & Ireland. This role sits on the market's Senior Leadership Team and is a key leader contributing to an £8bn business.

Key Responsibilities
  • Strategic Planning and Business Results
    • Participate in long-range planning and development of business cases for the growth of the corporation as it relates to the development, design, and construction of restaurants and ensuring that restaurant development supports the long-term growth strategies and brand building image, aligned with the McDonald's global Accelerating the Arches strategy.
    • Proactively engage in horizon scanning on real estate assets, maintaining an outward looking perspective.
    • Ensure that construction procedures and standards reflect acceptable project management, construction, estimating, and value engineering principles.
    • Provide leadership to the corporation to produce effective and innovative solutions that optimize/maximize volume capacities and development opportunities while balancing menu variations and restaurant operations and drives collaboration between Restaurant Development and critical partners/key customers.
    • Stay abreast of industry trends, innovations, methods, and processes related to development, design, construction, and management and incorporate trends to best address customer needs.
    • Work collaboratively with Global counterparts and represents United Kingdom and Ireland market interests with various Global stakeholders.
  • Acquisitions, Real Estate Development and Construction Management
    • Direct the Company's new restaurant opening programme for the UK and Ireland.
    • Lead the continual review and development of McDonald's UKI's Real Estate portfolio as it relates to owned real estate, leasing, construction, divestitures, and renovations / relocations.
    • Manage all Real Estate assets including re-acquisitions, value of leases, development projects, condemnations, excess property, etc.
    • Create and manage departmental budget including working with budget and project management tools and keep project teams and third-party vendors accountable to timeline and budgetary commitments.
    • Protect the brand and assets of the portfolio, developing a strategic approach to all renewals and owned real estate and supporting the system for property management issues.
    • Strengthen working relationships with all third-party vendors including leasing firms, general contractors, municipalities, landlords / tenants, etc.
    • Integrate the goals and priorities of the Real Estate and Construction teams to ensure the optimization of the site development processes, construction speed, capacity, and costs.
    • Ensures quality control standards for Real Estate and Construction transactions (cost, time, location, economics, market needs, and deal quality, etc.).
    • Create, manage, and execute the Development Plan to meet portfolio returns with the Development Team.
    • Continually understand and implement McDonald's corporate design guidelines and specifications.
    • Ensure Development Audit protocols are adhered to and updated in line with industry requirements.
    • Work with the Impact team to ensure proactive local government conversations.
    • Ensure legal requirements are adhered to from terms of contracts / head leases / purchases and general contract and supplier agreements.
  • Leadership
    • Lead the Development leadership team which includes the Head of Acquisitions, Head of Construction, Head of Estates and oversee a large team of ~70 indirect reports.
    • Own the vision and culture of the Development department that meets the needs of key customers today and into the future and keep the team accountable to achieve corporate growth targets.
    • Set high standards for living the McDonald's Values, enhancing commitment, communication morale, and team spirit. including strengthening business partnership and communication with franchisees.
    • Play a key leadership role in fostering talent development and succession planning within the Development team and overall organization.
    • Effectively supervise, review, and facilitate individual development plans for the Development department.
    • Manage and adjust to maintain a balanced workload among staff members while still meeting department and regional goals.

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