Real Estate Director

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The Dow Chemical Company Finance organization has an opening for a Real Estate Director within the Treasury Team, located at the company's world headquarters in Midland, Michigan. The position will oversee the transactional aspects of our real estate assets, including sales of surplus properties, strategic purchases, green belt initiatives, build to suits and other key projects. The successful candidate will be a key member of the Real Estate team reporting to the Sr. Director of Corporate Real Estate & Venture Capital. This is an excellent opportunity to apply your finance and negotiation skills, business acumen and investment understanding to contribute to the success of the company.

Primary Responsibilities (include but are not limited to):

• In alignment with the vision of the Sr. Director of Corporate Real Estate & Venture Capital, systematically manage a portfolio of investments in support of the company's strategic initiatives. For example:

• Lead the strategic planning and execution of property transactions, including the sale of surplus properties, acquisitions, and build-to-suit projects.

• Manage the development and implementation of green belt initiatives and other sustainability projects.

• Oversee the purchase and sale of properties, including negotiating terms and managing contracts.

• Collaborate closely with funding teams to evaluate lease options and optimize financial strategies.

• Assist in office rationalization efforts to implement Dow's global Real Estate footprint

• Manage easements, donations, citations, and other property-related matters.

• Proactively identify opportunities for property optimization and cost savings.

• Ensure compliance with all relevant laws, regulations, and company policies.

• Serve as a trusted Real Estate advisor to the company. For example:

• Advise, educate and present on matters related to the Real Estate field and Real Estate investments, their various impacts on the company and best practices for effective deal implementation and management.

• Counsel management and provide expertise in negotiation strategies.

• Ensure the efficient and orderly execution, monitoring and management of Real Estate strategy and objectives in effective collaboration across multiple functions and processes both within the company as well as external (Businesses, Functions, Strategic Planning, Operations, Compliance, EH&S, Process Safety, Funding, Legal, Accounting, Tax, Real Estate Brokers, and others). For example:

• Ensure all activities are performed to negotiate, transact, monitor and manage Real Estate transactions

• Ensure all deal events are tracked and understood to ensure the company's potential participation is optimized.

• Ensure deal events and valuations are properly recorded (sales and EBIT impact)

• Ensure various reports and analyses are generated to effectively convey the performance and sensitivity of the Real Estate portfolio to management, other members of the Real Estate team, controllers, tax and other stakeholders.

• Ensure the Real Estate Team's periodic and ad-hoc reporting is appropriately specified to effectively monitor the positions and conditions, and has been developed, created, optimized and distributed to the appropriate parties.

• Evaluate impacts of changes in the regulatory environment, accounting standards and industry practices, and predict their impact to develop and propose optimal Dow positions for the conditions and create appropriate documentation for these practices.

• Proactively evaluate Real Estate practices for continuous improvement, and when opportunities arise, investigate, develop and propose solutions in infrastructure and procedures.

• Ensure the Real Estate team operates in complete compliance with all laws, regulations delegations, controls, policies, and procedures.

• Complete ad-hoc requests, deliver projects and fulfill other routine duties as may be appropriate and/or required.

Ideal candidates will have experience in negotiation and have a strong financial acumen. Candidates will also have an outstanding track record of performance in a number of businesses and/or other functions which allows a deeper understanding of the nature of the company's strategic objectives. Other high performing employees may be considered who have demonstrated the required characteristics and have relevant experience, and/or career switchers who have displayed strong interest in, and commitment to, the field.

Successful candidates have an innate passion for finance and investments, are naturally curious with a desire for continuous learning, have strong quantitative and analytical skills with impeccable business judgement, enjoy contemplating and evaluating complex topics, can articulate complex concepts simply and quickly, are able to make quick rational decisions with incomplete and/or ambiguous information, are resourceful self-starters with a strong bias to action, think ahead to what will be required and act with a sense of urgency, have excellent project management and organizational skills and drive projects to completion by their deadlines, take responsibility/accountability for their results, excel in negotiations, have excellent attention to detail, enjoy networking and maintaining strong relationships both internally and externally, have a positive proactive attitude and work well as part of a company-wide team to collaborate for success.

Qualifications:

• A minimum of a bachelor's degree (preferentially in a quantitative field such as Science, Engineering, Finance and/or Economics) OR relevant military experience at a U.S. E6 or Canadian Petty Officer 2nd Class, Sergeant ranking or higher

• A minimum of 6 years of total experience with a focus in real estate, financial investment and capital markets-oriented positions, and/or other relevant experience.

• A minimum requirement for this U.S. based position is the ability to work legally in the United States. No visa sponsorship/support is available for this position, including for any type of U.S. permanent residency (green card) process.

Preferred Qualifications:

• Strong understanding of property transactions, including sales, acquisitions, and leasing.

• Master's degree (MBA with a finance focus preferred)

• Strong written and verbal communication skills

• Excellent negotiation and communication skills.

• Ability to multitask and prioritize in a fast-paced environment.

• Detail-oriented with a focus on accuracy and efficiency.

• CFA Charterholder

• Prior experience in front office roles within Financial Risk Management and/or Portfolio Investments in combination with prior commercial experience is desirable.

Benefits - What Dow offers you

We invest in you.

Dow invests in total rewards programs to help you manage all aspects of you: your pay, your health, your life, your future, and your career.  You bring your background, talent and perspective to work every day. Dow rewards that commitment by investing in your total wellbeing.

Here are just a few highlights of what you would be offered as a Dow employee:

• Equitable and market-competitive base pay and bonus opportunity across our global markets, along with locally relevant incentives.

• Benefits and programs to support your physical, mental and emotional well-being, to help you get the care you need...when you need it.

• Competitive retirement program that may include company-provided benefits, savings opportunities, financial planning and educational resources to help you achieve your long term financial-goals.

• Become a Dow shareholder through various employee stock programs.

• Opportunities to learn and grow through training and mentoring, work experiences, community involvement and team building.

• Workplace culture empowering role-based flexibility to maximize personal productivity and balance personal needs.

• Global Paid Time Off (PTO) policies:

• Paid time off for new parents (birthing and non-birthing, including adoptive and foster parents).

• Paid time off to care for family members who are sick or injured.

• Paid time off to support volunteering and Employee Resource Group's (ERG) participation.

Join our team, we can make a difference together.

About Dow

Dow (NYSE: DOW) is one of the world's leading materials science companies, serving customers in high-growth markets such as packaging, infrastructure, mobility and consumer applications. Our global breadth, asset integration and scale, focused innovation, leading business positions and commitment to sustainability enable us to achieve profitable growth and help deliver a sustainable future. We operate manufacturing sites in 31 countries and employ approximately 35,900 people. Dow delivered sales of approximately $45 billion in 2023. References to Dow or the Company mean Dow Inc. and its subsidiaries. Learn more about us and our ambition to be the most innovative, customer-centric, inclusive and sustainable materials science company in the world by visiting www.dow.com.

As part of our dedication to the diversity of our workforce, Dow is committed to equal opportunities in employment. We encourage every employee to bring their whole self to work each day to not only deliver more value, but also have a more fulfilling career. Further information regarding Dow's equal opportunities is available on www.dow.com.

Dow is an Equal Employment Opportunity employer and is committed to providing opportunities without regard for race, color, religion, sex, including pregnancy, sexual orientation, or gender identity, national origin, age, disability and genetic information, including family medical history. We are also committed to providing reasonable accommodations for qualified individuals with disabilities and disabled veterans in our job application procedures. If you need assistance or an accommodation due to a disability, you may call us at 1-833-My Dow HR (833-693-6947) and select option 8.