Expert-Asset Monitoring & Real Estate
Expert-Asset Monitoring & Real Estate Apply locations EDC Rockwell Business Center Tower 3 time type Full time posted on Posted 2 Days Ago job requisition id JR00003596 1.
JOB DETAILS Job Title: Asset Monitoring and Real Estate (AMRE) Expert Directly Reports to: Property Management Division Head Sector: Division: Property Management Department: Asset Monitoring and Real Estate Group: Corporate Support Functions Location: Head Office 2.
JOB SUMMARY The 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.
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SCOPE AND RESPONSIBILITIES PERFORMANCE INDICATOR Provides 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 Responsibilities Executes 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.
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JOB RELATIONSHIPS INTERNAL Immediate Supervisor Head, Property Management Division Immediate Subordinates NA Internal Customers/Partners All EDC employees EXTERNAL External Customers/Partners LGUs, Register of Deeds, BIR, DENR, LRA, RTC, DOE, BCDA, Lessors, Bidders (scrap buyers) External Personnel Overseen Geodetic Surveyors/Real Estate Appraisers/Legal Retainers ACCOUNTABILITIES & DECISION-MAKING AUTHORITY Standard accountabilities of an Expert based on company policies, guidelines and manuals, and applicable functional decision-making authority as AMRE Expert.
QUALIFICATIONS & EXPERIENCES Minimum Qualifications: BS graduate of any 4 or 5 year course, Geodetic or Survey Engineer, Business Administration & Economics or related field Accomplished related training and skills in: Real Estate, negotiations, valuation and tax-related seminars/trainings Minimum Experience: 10 years work experience related to, real estate activities specifically on titling and liaising with government agencies and local units, and geodetic surveys 5 years work knowledge in data and records management About Us Who We Are #J-18808-Ljbffr
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