Job Posting:

Since 1953, Ferguson has been a source of quality supplies for a variety of industries. Together We Build Better infrastructure, better homes and better businesses. We exist to make our customers’ complex projects simple, successful, and sustainable. We proactively solve problems, adapt and grow to continuously serve our customers, communities and each other. Ferguson, a Fortune 500 company, is proud to provide best-in-class products, service and capabilities across the following industries: Commercial/Mechanical, Facilities Supply, Fire and Fabrication, HVAC, Industrial, Residential Trade, Residential Building and Remodel, Waterworks and Residential Digital Commerce. Ferguson has approximately 36,000 associates across 1,700 locations. Ferguson is a community of proud associates who operate with the shared purpose of building something meaningful. You will build a career that you are proud of, at a company you can believe in.

Ferguson is actively hiring for a Real Estate Portfolio Strategist to join our Corporate Real Estate Team!

As a Portfolio Strategist, you will play a critical role in optimizing our network of owned and leased real estate comprised of over 1500 locations totaling approximately 47m square feet.

This role is approved to be Remote or will be Hybrid if you live near HQ in Newport News, VA.

Primary Duties and Responsibilities

• Drive a manage-to-market mentality for the portfolio, leveraging market analytics to drive change in strategically managing the lease portfolio to provide better financial outcomes,
• Create opinions of value, metro analyses, buy vs. lease scenarios, and other data considerations to optimize the performance of the portfolio,
• Build a strategic and actionable portfolio wide plan to take advantage of market cycles to improve leverage for negotiations,
• Work closely with developers/landlords, government agencies, and other real estate consultants as needed, as well as internal groups like Finance, customer groups, and executive teams,
• Communicate with internal customers regularly to update them on their portfolio’s performance and share recommendations via detailed reports and presentations,
• Analyze current and potential investments to determine their suitability for the portfolio leveraging location and market level financial performance to guide decisions,
• Oversee and deliver consistent processes, following a playbook methodology on delivery,
• Review all financial modeling tools and outputs to ensure completeness and accuracy,
• Perform with a strong sense of urgency with high expectations around driving costs from the company P&L and best preparing Ferguson for future growth,
• Ensure Service Level Agreements (“SLAs”) and Key Performance Indicators (“KPIs”) are established project-wide, including solicitation of Net Promotor Score (“NPS”) as measurement of performance,
• Deliver best practices to achieve maximum customer satisfaction and performance,
• Research and stay up to date on financial market trends and economic indicators
• Positively engage with all associates across Real Estate and Facilities, along with all internal and external partners.

Preferred Qualifications

• Bachelor’s or master’s degree in finance, business management, real estate, or a similar field, with 5-7+ years’ experience in strategic Transaction Management or Portfolio Management positions.
• Experience with high profile projects that range up to $750M in Operational Expense or Asset Value
• Ability to engage with all stakeholders in projects, internal and external, and up to and including the Executive team,
• Strong skills in Financial Analysis, Budgeting, Relationship Building, Time Management, Risk Mitigation, Planning, and Communication both written and verbally.

At Ferguson, we care for each other. We value our well-being just as much as our hard work. We are committed to a holistic approach towards benefits plans and programs that support the mental, physical and financial well-being of our associates. Our competitive offering not only includes benefits like health, dental, vision, paid time off, life insurance and a 401(k) with a company match, but our associates also enjoy additional meaningful and inclusive enhancements that are adaptable to their diverse situations and needs, including mental health coverage, gender affirming and family building benefits, paid parental leave, associate discounts, community involvement opportunities and more!

#LI-REMOTE

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Pay Range:

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Actual pay rate may vary depending upon location. The estimated pay range for this position is below. The specific rate will depend on a candidate’s qualifications and prior experience.

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Estimated Ranges displayed are Monthly for Salaried roles OR Hourly for all other roles.

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This role is Bonus or Incentive Plan eligible.

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Ferguson complies with all wage regulations. The starting wage may be higher in certain locations based on local or state wage requirements.

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The Company is an equal opportunity employer as well as a government contractor that shall abide by the requirements of 41 CFR 60-300.5(a), which prohibits discrimination against qualified protected Veterans and the requirements of 41 CFR 60-741.5(A), which prohibits discrimination against qualified individuals on the basis of disability.

Ferguson Enterprises, LLC. is an equal employment employer F/M/Disability/Vet/Sexual Orientation/Gender Identity.

Equal Employment Opportunity and Reasonable Accommodation Information