Expert-Asset Monitoring & Real Estate
Expert-Asset Monitoring & Real EstateApply locations EDC Rockwell Business Center Tower 3 time type Full time posted on Posted 2 Days Ago job requisition id JR000035961.
JOB DETAILSJob Title: Asset Monitoring and Real Estate (AMRE) ExpertDirectly Reports to:Property Management Division HeadSector:Division:Property ManagementDepartment:Asset Monitoring and Real EstateGroup:Corporate Support FunctionsLocation: Head Office2.
JOB SUMMARYThe AMRE Lead is the subject matter expert on real estate and fixed assets matters and transactions for EDC and its subsidiaries with the objective of ensuring legal rights over owned and leased properties.
The AMRE Lead has the extensive knowledge and experience that expands from validation of real estate documents, property laws and regulatory requirements including taxation, valuation, and documentation and titling of real estate properties. 3.
SCOPE AND RESPONSIBILITIESPERFORMANCE INDICATORProvides advice to the proponent on the acquisition of land for EDC project/expansion to ensure complete property documentation including doing the negotiations with lot owners, as necessary. Maintains and ensures the proper documentation and recording pertaining to movements/transfers of fixed assets including assignment of custodianship and asset numbers from acquisition to disposition. Provides advice on documentary requirements to minimize Company's exposures to real property taxes, and recommends purchase price based on fair market value or most advantageous purchase cost for the company. Ensures that EDC's rights and ownership on all acquired and occupied lands are protected and secured through transfers of titles and tax declarations, land lease or annotations within the requirements and bounds of applicable Laws. Ensures proper and timely payment of real property tax for land including improvements and reviews new assessments issued by the Assessor's Office for the company's real properties.
Coordinates with the Tax Group and Legal for proper assessment, and protest, as necessary. Represents the company in court and court hearings in coordination with Legal Dept and external counsels on the Judicial Titling activities. Conducts due diligence, review of documents attached to the demand letter, and negotiates with lot claimant/s for the settlement/closure of land claims. Ensures accurate and reliable information on real estate properties in the Asset Master Data (AMD) in SAP. Monitors the existing lease contracts of lands and annotate Lease Agreement on the Title or Tax Declaration. Engages third party appraisal company for the appraisal/valuation of lot for acquisition. General ResponsibilitiesExecutes health, security, environmental and safety rules and regulations of the company;Practices recommended behaviors that adhere to the core values of the company;Implements and complies with company rules and policies;Performs other related duties that may be assigned (by superiors) from time to time. 4.
JOB RELATIONSHIPSINTERNALImmediate SupervisorHead, Property Management DivisionImmediate SubordinatesNAInternal Customers/PartnersAll EDC employeesEXTERNALExternal Customers/PartnersLGUs, Register of Deeds, BIR, DENR, LRA, RTC, DOE, BCDA, Lessors, Bidders (scrap buyers)External Personnel OverseenGeodetic Surveyors/Real Estate Appraisers/Legal Retainers5.
ACCOUNTABILITIES & DECISION-MAKING AUTHORITYStandard accountabilities of an Expert based on company policies, guidelines and manuals, and applicable functional decision-making authority as AMRE Expert. 6.
QUALIFICATIONS & EXPERIENCESMinimum Qualifications:BS graduate of any 4 or 5 year course, Geodetic or Survey Engineer, Business Administration & Economics or related fieldAccomplished related training and skills in: Real Estate, negotiations, valuation and tax-related seminars/trainingsMinimum Experience:10 years work experience related to, real estate activities specifically on titling and liaising with government agencies and local units, and geodetic surveys5 years work knowledge in data and records managementAbout UsWho We Are #J-18808-Ljbffr
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