Acquisitions Managers (x2 Vacancies)

To help identify single site and small package pub acquisitions that deliver value into the Punch business. The Acquisitions Manager (AM) will manage the process of site identification, negotiation, approval, through to completion, liaising with our retained agents, vendors directly and the wider market to acquire pubs which enhance the estate quality, optimising profit opportunities, delivering at pace and on budget.

Location: 

1x Vacancy (North)

1x Vacancy (South)

Benefits: 

• Salary: Competitive
• Bonus Pot: Competitive
• Car Option: Company Car or Cash allowance
• Benefits: Pension , Single Private health care, Life Assurance, Retail & Leisure Discount Scheme
• Holiday: 25 Days + option to buy and sell

Key Accountabilities: 

#WeMakeThingsHappen

We need someone who can:

• Origination of new acquisition opportunities: including land, existing assets with redevelopment potential and turnkey transactions

• Be responsible for efficient filtering of new opportunities using proprietary tools and external advice

• Present updates on pipeline to the Executive

• Progress new acquisitions through the investment approval process: including preparing and submitting investment papers, presenting at investment committee and at all times adhering to internal and external governance requirements

• Enforce the diligent management of the acquisition due diligence budget to minimise potential abortive deal costs

• Maximise development value to ensure we exploit the maximum footprint of development in tandem with post development site value/profit uplift

• Supply a period by period update on commercial projects and disposals to the Board

#WeLovePubs

Pubs, people and possibilities are at the heart of everything we do, so the ideal candidate will:

•Demonstrate expertise and be the recognisable face of a member of the Estates Development team

•Actively keep up to date with industry movements to identify development and acquisitive opportunities

#WeAreBold

In order to be bold and proactive, we need a team member who can:

•Producing and presenting board level proposals for commercial development opportunities

•To explore new and untapped acquisition pools

•Review current working processes and practices to determine productivity and efficiency gains

#OurBestSelf

Accuracy is key to this role, so we need a team member who can:

•To interact with Publicans and ensuring full compliance with the Pubs Code.

•To develop, maintain and grow relationships with external agents and internal company personnel to ensure both consistency and quality of information is of the highest standard.

•Activiely seek continual profesional development to develop skill, knowledge and behavioruial base

#WeWinTogether

As part of a team, you will be required to:

• To coach and advise members of both Property and Operations teams in maximising individual site potential and timelines required to complete the development

• To network in other sectors of the property market and build a portfolio of potential unlicensed operators and property developers, then be able to match requirements to opportunities within your region

• Regularly update the board and other internal parties on estate performance

• Build and maintain key industry relationships and origination channels in order to drive high quality deal flow

• Assist the Head of Estate Development & Acquisitions in actively reviewing the site acquisition strategy and identification of key target locations

• Manage orderly handovers of completed acquisitions in conjunction with the legal and estates team

• The AM is required to contact company solicitors to ensure that all transactions are completed quickly, efficiently and cost effectively

Key Relationships

You will work with your team and the:

• Head of Estate Development & Acquisitions

• Head of Estates

• Head of Legal – Property

• Estates Development Managers

• Legal & Estates Team

• Operations Directors/Managers

• Commercial Estates Managers

• External property agents & retained consultants and potential unlicensed property operators / developers

• Company Solicitors

• Local Authorities and Statutory Bodies

Person Specification – Technical Competencies/Professional expertise

The ideal candidate will have:

• Results driven, always meets deadlines.

• Excellent negotiating and influencing skills.

• Self-confident and independent minded.

• Ability to think creatively and be bold with decisions.

• Self-starter – a decision maker / able to work on own initiative.

• Excellent networking skills.

• A team player and able to form collaborative work groups both outside and within the Company.

• Strong planning and organisation skills.

• Ability to present proposals to senior team members.

• A working knowledge of the Pubs Code

• Knowledge of the licensed property sales legal transaction process for both individual and corporate mergers, acquisitions & disposals.

• Knowledge of the licensed property market. • Knowledge of regional and national pub company competition.

• Full driving licence.

• IT literate – minimum of intermediate Word, Outlook, Excel and PowerPoint. Knowledge of database management a distinct advantage.

• Understanding Profit and Loss accounts and MAT reports.

• A knowledge and understanding of commercial and licensed tied leases.

• An understanding of planning law and Landlord and Tenant Act 1954.

The closing date for applications is Sunday 17th July 2022