Capital Transactions Manager - Property
We’ve been trusted to serve Aussie communities since 1914 and grown to become a top 30-listed on the ASX with over 115,000 team members and a portfolio of iconic brands. At Coles Group, you’ll not only get to make a difference to millions of Aussie lives—you’ll also get to see your impact.
About the team
Property looks after one of Australia’s most dynamic portfolios. With an extensive footprint of over 1,800 retail outlets nationally, we’re growing every day. Our team manages every one of these locations, and we work together with our business units on all thing’s property, from site acquisition through to asset management.
About the role
We’re looking for a Capital Transactions Manager to play a key role in our growth strategy. You’ll focus on acquiring development sites for new Coles supermarkets, across New South Wales to the NSW-Queensland border.
As Australia’s population continues to grow Coles are actively searching for new store opportunities and, this role offers the chance to be part of a high-impact team that’s opening new stores and strategically expanding our footprint.
If you’re an Investment Manager or Capital Transactions Manager with a strong track record in site acquisition, ideally with a network across northern New South Wales, let’s talk!
Applications close on Tuesday 26th November
What you’ll do:
• Source & secure financially viable strategic retail sites at lowest cost & risk to the business.
• Ensure the delivery of new or improved Coles stores.
• Help maximise income and valuations and deliver annual business planning.
• Develop and implement a long-term asset strategy for all balance sheet assets.
• Manage Divestment processes to enable capital recycling.
• Assess commercial risks, rewards and development of clear delivery & exit strategies.
• Work closely with the Property team to deliver new stores, store extensions, re-developments and existing property assets.
About you and your skills
With a minimum of 5 years in capital transactions, property acquisitions, or similar, you’ll bring a deep understanding of acquisition processes and excellent negotiation skills.
Ideally, you’ll have a valuation background, with a demonstrated understanding of development processes and experience in retail, commercial, or industrial property.
You know how to build relationships and close deals that benefit all parties and are familiar with the ins and outs of town planning, development and approval processes across jurisdictions.
You’ll also have:
• Accounting, Financial or Property tertiary qualifications
• Architecture/building/project management experience
• A passion for retail property & ‘deals’
• Excellent organisational skills
• Strong financial knowledge to prepare and validate development feasibility models in Estate Master (or similar) computer packages.
#LI-MAR
What’s in it for you?
- Flexible working options: We know that work is only one part of your life, so we actively encourage a positive work-life balance and provide hybrid working options to help you achieve it.
- Discounts: Eligible team members receive 5% discount all year round on your Supermarket and Liquor online and in-store purchases. We also offer additional periods of double discount (10%) at various times throughout the year. As well as hotdeals exclusive to team members that translate into additional savings.
- Reward through recognition: Give and receive recognition, linked to our Coles values, through our digital recognition platform ‘mythanks’. You can accumulate points to redeem in the online shop for exciting gifts and electronic gift cards from an extensive range of retailers.
- Opportunities for learning and development: No matter where you start within our diverse business, you’ll have experiences, exposure, and education to satisfy you. Discover and explore a variety of career development programs and job-specific training.
- Paid parental leave: We understand how important your life outside work is and offer permanent team members paid parental leave to support you in balancing work and family.
- Investment in your future: Our annual team member share plan offer allows eligible team members to make regular pre-tax salary sacrifice deductions to purchase Coles Group shares.
About the recruitment process
We’re continuing to build a gender equitable team, and a culture that is just as diverse, inclusive and welcoming as the communities we serve. We are committed to creating a workplace that is safe and respectful for our team. We encourage applications from people of all ages, cultures (including Aboriginal and Torres Strait Islander peoples), abilities, sexual orientation and gender identities.
We’re happy to adjust our recruitment process to support candidates with disability. For further information and additional contact details visit the ‘Our Recruitment Process’ section of our careers site or email inclusionrecruitment@coles.com.au
Job ID: 134510
Employment Type: Full time