The SeniorManager of Real Estate is responsible for leading the development, implementation and management of real estate growth strategies that support Franchisee’s market expansion objectives for the system. As part of that responsibility, the Sr. Manager of Real Estate is responsible for market planning, site analysis/evaluation, pipeline management and overseeing the brand’s site approval process for all proposed locations. The Sr. Manager of Real Estate must manage market planning team and execute against the strategy by administrating and coordinating the brand’s real estate and market planning programs and standards to ensure cross-functional alignment among corporate and franchisee business units.

Key Duties/Responsibilities:

• Interact with Director Franchise Development to analyze market and trade areas and develop growth plans for new restaurants.
• Direct and manage market planning team. Collaborate with cross functional teams including, legal, business analytics, marketing, new business development, construction services, operations and finance departments.
• Define and create specific trade area and site selection criteria based on historical new restaurant openings to ensure profitable future openings.
• Manage relationships with franchisees, using influence to develop consensus on real estate strategies and site selection criteria.
• Work with franchisee’s brokers to align them on Pizza Hut site standards and market plan coverage goals.
• Conduct, and/or manage others in preparation of, targeted marketplace analysis including, assessment of key site criteria metrics related to trade areas and specific sites, and the development of predictive tools such as analog and regression models (demographics, visibility, accessibility, competition, population growth trends, sales potential, etc.).
• Coordinate preparation and presentation of new restaurant (company and franchise) site proposals for senior management review and approval including new restaurant CAPEX and SAR approval processes.
• Prepare and present real estate activity and status updates for senior management.
• Evaluate pro forma P&L statements and respective investment analyses for prospective sites.
• Develop and manage collaborative partnerships for vendor, brokerage and developer relations to support real estate planning, site selection, new unit pipeline buildup and holistic multi-unit portfolio management in alignment with corporate strategic goals.
• Lead on-going development and training of corporate and franchisee teams around real estate functional expertise and execution.
• Manage the company’s real estate analytics system, Sitewise. Leverage this tool to make more fact based global location strategy decisions.

Lead and direct real estate and market planning team in the following key functional areas:

Real Estate Strategy:

• Consistent with Company strategic initiatives, participates in the development, communication and implementation of the brand’s real estate strategy.
• Update/optimize overall real estate strategy to support full market potential and effective/profitable expansion in all markets.

Market Planning:

• Ensure real estate team is proactively supporting market planning for corporate and franchisee expansion and addressing the site selection needs of franchisees.
• Provide updated & relevant GIS information to company and franchisees to verify trade area and site selection viability ensuring all site pro-forma key metrics are met.
• Support property management activities of Company real estate portfolio.
• Support second generation space conversion/re-flag strategy through financial analysis, adjacent portfolio impact analysis, unit performance information and DMA operating strategy.
• Develop and maintain DMA and model market plans and update databases for up-to-date DMA development status.
• Develop collaborative partnership with corporate and Franchise operating partners to ensure all new unit openings are properly evaluated.
• Conduct periodic new store development tours/planning sessions in key markets.

Pipeline Management:

• Maintain and manage healthy/ongoing pipeline of prospective new sites with adequate ratios and conversion rates for the system.

Site Selection:

• Ensure real estate team is proactively supporting trade area and site selection needs for corporate and franchise partners.
• Ensure sites meet site criteria and success measures including cross functional key performance metrics from construction, legal, finance and ops partners.
• Drive high quality SAR approval process for markets.
• Lead cross-functional approval process for new sites, closures, relocations, etc.
• Ensure real estate team visits all new sites being considered for company or franchise development.

Training:

• Develop real estate training tools and field training strategy to ensure RE team operates at Industry standard levels.
• Drive on-going team/people professional development/bench building/retention strategy

Education:

• Bachelor’s degree in real estate, business, or other related discipline. MBA preferred.

FACTORS OF SUCCESS NECESSARY:

Required:

• High achieving results oriented professional with a proven track record
• 10+ years experience in commercial real estate in a retail or multi-unit restaurant environment.
• Strong technical skills including the use of Excel, PowerPoint, Word, geographic information systems, etc.
• Strong understanding of demographics, psychographics, model development.
• Must have experience managing, coaching and leading diverse group of high performing individuals to achieve aggressive and possibly changing objectives.
• Excellent oral and written communication and interpersonal skills are required; must be flexible and able to think creatively.
• Proven track record around profitable & sustainable unit growth in multi-unit retail industry in U.S. markets.
• Demonstrated experience and direct oversight of a brand’s real estate strategy, new site pipeline, site selection criteria and portfolio management functions.
• Strong leadership/people oriented / management skills with experience in supporting, influencing and managing franchisees (QSR experience preferred).
• Strong functional knowledge with solid skills in communicating and disseminating real estate knowledge via training, workshops, road-shops, and one-on-one interaction with corporate employees and franchisees.
• Position requires 30% - 40 % travel to review potential markets, sites and existing locations.
• Well-respected within the industry with broad network of relationships to position the brand as a preferred QSR choice for developers and landlords.

Who We Are

Founded in 1958, Pizza Hut - a subsidiary of Yum! Brands, Inc. - now operates more than 18,000 restaurants in more than 100 countries. Pizza Hut is leading the way in providing customers with great experiences, innovating with technology and new products, as well as delivering exceptional service.

Our People & Culture

We're looking for people who LOVE pizza and thrive in a fun, past paced, and customer-centric environment. At our corporate campuses, Pizza Hut has created the perfect place for you to grow your career. Every day, you’ll work to support our franchisees and teams across the U.S., continuously challenging yourself to feed more possibilities. In return, we’ll provide professional development and career growth opportunities so that you can become your best and achieve your goals. And we’ll sweeten the deal by immersing you in our world-class recognition culture and providing a robust array of benefits, some highlights include:

• 4 weeks PTO, plus standard holidays and time off to volunteer

• Generous parental leave (16 weeks for moms, 6 weeks for dads)

• 401(k) with 6% match, vested immediately

• On-site daycare

• 24/7 fitness center with laundry services

• Half-day Fridays, year round

Giving Back

As a global company, Pizza Hut aims to make the world better by acting responsibly with respect to food, planet and people. Whether it’s donating food through the Harvest Program or supporting literacy with the Pizza Hut BOOK IT! Program – the company, our franchisees and our team members are committed to improving the communities we serve.

Pizza Hut is an equal opportunity workplace and committed to fostering an inclusive, diverse culture. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex (including pregnancy,sexual orientation, orgender identity),national origin,age,disabilityandgenetic information (including family medical history).