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Vertiv

Builds power and cooling systems for data centers

Global Economic Incentives & Site Selection Manager

Real EstateConfirmed live in the last 24 hours
Full-timeWesterville, OH, USANo salary listedIn-person

About the Job

Requirements

  • A bachelor's degree in Real Estate, Finance, Economics, Business, Accounting, Public Policy, Engineering, or a related field is required.
  • Approximately 8–12+ years of experience in corporate real estate, site selection, economic development incentives, location strategy, tax incentives, consulting, or a related discipline is required.
  • Demonstrated experience leading complex site-selection projects is required.
  • Demonstrated experience identifying, negotiating, or administering economic development incentives is required.
  • Strong financial and analytical skills, including net present value, cash-flow, scenario, and sensitivity analysis, are required.
  • Ability to evaluate complex quantitative and qualitative location factors and translate findings into executive recommendations is required.
  • Strong understanding of capital investment and job-creation incentive structures is required.
  • Demonstrated commercial judgment and negotiation capability are required.
  • Experience working across multiple functions, including Finance, Tax, Operations, HR, Legal, and Real Estate, is required.
  • Ability to independently lead complex projects involving significant capital investment and sensitive business decisions is required.
  • Strong executive-level written and verbal communication skills are required.
  • Advanced Microsoft Excel and PowerPoint capability is required.
  • Ability to manage multiple concurrent projects across geographies and time zones is required.

Responsibilities

  • Lead site-selection strategy for significant new facilities, relocations, expansions, consolidations, and other strategic location decisions.
  • Partner with business and Operations leaders to translate operating requirements into objective site-selection criteria.
  • Develop structured market-screening and site-selection methodologies tailored to each project's requirements.
  • Evaluate countries, states, provinces, regions, metropolitan areas, and individual sites using quantitative and qualitative criteria.
  • Establish weighted decision matrices and scoring models to support objective comparisons.
  • Ensure site-selection recommendations consider near-term project requirements and Vertiv’s long-term operating strategy.
  • Challenge preferred locations or assumptions when data indicates alternatives may create greater enterprise value.
  • Maintain independence and objectivity throughout the site-selection process.
  • Evaluate potential markets based on labor availability, skills and wages; real estate availability and cost; utilities; transportation and logistics; supply chain; customer and supplier proximity; taxes and regulatory environment; economic incentives; construction and development conditions; environmental and entitlement considerations; community and governmental support; continuity and resilience; and political, economic, and execution risk.
  • Coordinate collection and validation of market data from internal and external sources.
  • Develop comparative location analyses and clear executive recommendations.
  • Identify key sensitivities and risks that could materially affect location decisions.
  • Lead Vertiv’s global strategy for identifying and pursuing economic development incentives.
  • Evaluate incentive opportunities associated with capital investment, job creation, payroll, research and development, training, infrastructure, energy, sustainability, and other qualifying activities.
  • Identify potential programs at national, federal, state or provincial, regional, and local levels.
  • Develop project-specific incentive strategies that maximize value while maintaining appropriate flexibility for the business.
  • Assess whether potential incentive value justifies associated commitments, compliance requirements, restrictions, and administrative burden.
  • Ensure incentives are treated as one component of the overall location decision rather than the sole driver.
  • Lead or coordinate negotiations with economic development organizations, governmental authorities, utilities, and other public-sector stakeholders.
  • Develop negotiation strategies to maximize economic value while minimizing restrictive commitments and compliance risk.
  • Negotiate incentive packages involving grants, tax credits, abatements, exemptions, infrastructure support, workforce programs, utility incentives, training programs, and other forms of assistance.
  • Partner with Legal, Tax, Finance, HR, and Operations to ensure proposed commitments are achievable and appropriately documented.
  • Review incentive agreements and term sheets for financial value, performance obligations, clawbacks, reporting requirements, timing, and other material provisions.
  • Maintain clear documentation of negotiated commitments and approvals.
  • Develop comprehensive financial analyses comparing alternative locations.
  • Quantify total location economics, including real estate, construction and capital, labor, taxes, utilities, logistics, incentives, operating costs, transition costs, and other material location-specific expenses.
  • Evaluate incentives on gross and risk-adjusted bases and incorporate the timing of incentive realization.
  • Model potential clawback exposure and compliance sensitivities where appropriate.
  • Perform net present value, cash-flow, payback, and sensitivity analyses to support investment decisions.
  • Distinguish recurring operating advantages from one-time incentive benefits.
  • Partner with Finance and Tax to validate assumptions and methodologies.
  • Develop executive-level business cases and decision materials.
  • Establish processes to transition secured incentives appropriately to responsible implementation and compliance teams.
  • Maintain visibility into key incentive commitments, milestones, reporting requirements, and expiration dates.
  • Coordinate with Finance, Tax, HR, Operations, and other stakeholders responsible for documenting capital investment, employment, payroll, training, or other performance requirements.
  • Monitor achievement against key commitments and identify potential compliance risks early.
  • Support remediation or renegotiation when business conditions materially change.
  • Track incentive realization against original negotiated value.
  • Ensure documentation is maintained to support audits, certifications, and governmental reporting.
  • Determine when specialist site-selection, incentive, tax, labor, legal, engineering, or economic-development advisors are required.
  • Develop scopes of work and support selection of external consultants.
  • Direct and challenge third-party advisors rather than outsourcing ownership of Vertiv’s decision-making.
  • Validate external analyses, assumptions, incentive estimates, and recommendations.
  • Ensure advisors provide transparent, objective, and commercially sound advice.
  • Evaluate consultant performance based on quality, responsiveness, cost, and results.
  • Develop productive relationships with economic development organizations and governmental authorities in priority markets.
  • Represent Vertiv professionally in discussions involving potential investment, employment, and community impact.
  • Coordinate with Government Affairs, Legal, and other internal stakeholders when engagement involves public-policy or governmental considerations.
  • Maintain confidentiality around prospective investments and location decisions.
  • Support executive engagement with governmental or economic-development leaders when appropriate.
  • Serve as the central coordinator for site-selection and incentive workstreams.
  • Establish clear evaluation criteria, schedules, decision points, responsibilities, and governance.
  • Coordinate stakeholders across Real Estate, Operations, Supply Chain, Finance, Tax, Treasury, HR, Engineering, Capital Projects, EHS, Security, Legal, Government Affairs, Procurement, and IT.
  • Ensure appropriate due diligence is completed before site commitments are made.
  • Identify and escalate issues that could affect project economics, timing, operational viability, or incentive realization.
  • Support transition from site-selection decision to transaction, design, construction, and operational implementation.
  • Develop and maintain Vertiv’s global site-selection and incentive methodologies, templates, evaluation tools, and governance processes.
  • Establish consistent standards for evaluating markets and incentive opportunities.
  • Maintain a pipeline of active and prospective site-selection and incentive initiatives.
  • Develop reporting that provides leadership visibility into potential and realized incentive value.
  • Capture lessons learned from completed projects and apply them to future decisions.
  • Maintain awareness of changes in economic development programs and incentive trends in key markets.
  • Support regional Real Estate teams with specialized site-selection and incentive expertise.
  • Build internal capability so major location decisions are based on consistent, rigorous analysis.

Desired Qualifications

  • Experience within a multinational corporate occupier, manufacturing company, or global advisory firm is preferred.
  • Experience supporting large manufacturing, distribution, engineering, research and development, or mission-critical investments is preferred.
  • Experience with U.S. federal, state, and local incentives and international economic-development programs is preferred.
  • Experience with grants, tax credits, abatements, training incentives, infrastructure incentives, utility incentives, and other public-sector support mechanisms is preferred.
  • Familiarity with labor analytics, logistics modeling, utility evaluation, and site-development considerations is preferred.
  • Experience managing major site-selection and incentive consultants is preferred.
  • Experience with greenfield and brownfield manufacturing projects is preferred.
  • Familiarity with economic incentive compliance and clawback provisions is preferred.
  • A professional designation such as CCIM, SIOR, MCR, CEcD, or equivalent is beneficial but not required.

About the Company

Vertiv

Builds power and cooling systems for data centers

Vertiv builds power and cooling equipment that keeps data centers, communication networks, and industrial facilities running through outages and heavy computing loads. Its Liebert cooling systems manage the heat generated by servers, while its power products protect equipment and distribute electricity. The company sells equipment directly and through distributors, then earns additional revenue from installation, maintenance, spare parts, and services throughout the equipment life cycle. Its portfolio also includes racks and software for monitoring and managing IT equipment. Vertiv became a standalone company in 2016 and is headquartered in Westerville, Ohio.

Company size
10,001+
Company stage
IPO
Headquarters
Westerville, OH
Founded
2016

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