Summary
Overview
Work History
Education
Skills
Certification
Languages
Timeline
Generic
Sumalatha Komalpati

Sumalatha Komalpati

Bengaluru

Summary

Versatile professional with 13+ years of experience working with multi-cultural, multi-geography teams across Asia to deliver effective solutions. Managing financial center, properties and leases including Lease acquisitions, lease renewals, and lease Dispositions. Accountable for functions such as planning and analysis, real estate negotiations, process improvements and development of strategies in alignment with the strategies as defined by the organization.

Overview

13
13
years of professional experience
1
1
Certification

Work History

Senior Manager

Cushman & Wakefield
11.2022 - Current
  • Working with IBM as Strategy and Transaction Program Manager and effectively working to deliver large volume and variety of real estate transaction projects across ISA.
  • Highlighting benchmarking data/analysis that could impact the risk profile of IBM including assisting with project initiation, scope definition, identification of organization needs, goals, objectives, constraints, timing and budget.
  • Analyze, and interpret financial analysis templates including book and cash flow projections, NPV (net present value), and/or IRR (internal rate of return) financial analyses. Preparing and delivering effective Business cases and presentations to relevant parties.
  • Working closely within IBM Global Real Estate functions: Lease Administration, Project Management, Facility Management, Design and Construction, Compliance and Finance/Accounting teams to ensure integration between the service lines and cost effectiveness.
  • Ensuring compliance to all state real estate agency requirements and corporate policies to identify and mitigate potential conflicts of interest.
  • Overseeing a large variety of analyses and relevant documentation, including but not limited project initiation, Requests for Proposals (RFPs), proposal comparison packages, letters of intent, and broker's opinions of value for quality and innovation

Facilities Planning and Real Estate Analyst

The Church Of Jesus Christ Of Latter Day Saints
08.2019 - 10.2022

India, Nepal, Bangladesh, Sri-Lanka, Vietnam & Malaysia

  • Identifying strategic locations for expansion or investment, conduct financial analyses and feasibility studies and define search requirements as per demand, city master planning and future developments by designing country's 5 year master plan
  • Studying investment decisions for buy/lease scenarios including property valuations. Assessing property, compile information and presenting proposals to Managing Director including client presentations
  • Working with stakeholders to highlight property features, provide technical real estate advice, answer questions and redirect concerns. Anticipate their real estate needs and develop forward-looking view of required spaces
  • Managing relationships with brokers, consultants, legal counsel, and landlords. Sourcing brokers, analyzing appraisals, inspecting sites, negotiating, and reviewing contracts
  • Using technologies and internal systems to forecast branches’ growth and property needs by analyzing property utilization and optimizing costs. Ensuring relevant financials by country, property and projects are aligned with budgets, compliance and timelines
  • Managing lease relocation, lease renewals and lease termination for 45 Properties in Asia
  • Remaining current on local areas through actively researching and garnering understanding of community values

Purchasing Coordinator

The Church Of Jesus Christ Of Latter Day Saints
06.2016 - 08.2019

India, Nepal, Bangladesh & Sri-Lanka

  • Revised workflow and purchasing strategies to analyze expenditure data and decreased procurement cost by 30% by effectively implementing local adaptability
  • Conducted market research to determine pricing, trends and identifying suitable vendors. Prepared and reviewed bill of quantities and tender documents and qualified vendors. Negotiated and closed deals with optimal terms and awarding contracts
  • Issued all purchase orders and expedited shipments to meet project timelines. Strengthened and maintained vendor relations through good communication and human relation skills
  • Organized receipts, purchases and documentation of finished goods, packaging and materials. Improved inspection policies to increase quality of raw materials and finished goods including eliminating waste
  • Working with community development leaders to provide technical advice on product, quality and purchase of materials for execution of community development projects in rural area including emergency disaster projects

Administrative Assistant

The Church Of Jesus Christ Of Latter Day Saints
06.2014 - 06.2016
  • Developed administrative staff by providing information and educational opportunities. Initiated team building and overall support for maintenance of organizational culture and employee morale
  • Executed record filing system to improve document organization and management. Created expense reports, annual reports, budgets and filing systems
  • Maintained supply inventory by checking stock to determine inventory level anticipating needed supplies placing and expediting orders for supplies, verifying receipt of supply
  • Ensured operation of equipment by completing preventive maintenance requirements calling for repairs maintaining equipment inventories; evaluating new equipment and technique
  • Managed Director's complex and frequently changing travel arrangements and pre-planning trip. Prepared necessary documentation and organized executive level meetings

Associate IT Consultant

ITC Infotech
09.2011 - 05.2014
  • Developed web applications & web analytics using ASP.net for different modules from detailed flow design of the application and developing GUI front end to Business logic
  • Building interactive UI for web-based application. Worked on database design, creation of procedures and user defined functions
  • Deploying code on Development and test server. Peer Code Review based on coding guidelines standard. Prepared unit test case documents and fixed bugs in project modules.

Education

Bachelor of Engineering - Computer Science

CMR INSTITUTE OF TECHNOLOGY

Skills

  • Team, People & Stakeholder Management
  • Transaction Management (Acquisitions, Dispositions, Renewals & Restructures)
  • Real Estate Negotiation
  • Strategic planning and implementation
  • Facilities Planning
  • Vendor Management
  • Procurement
  • Budget Management
  • Process Management
  • Cross-functional communication

Certification

  • Real Estate Business Management by Real Estate Management Institute Mumbai
  • Crucial Conversations Ambassador Program for successfully handling high-stake interactions by VitalSmarts
  • Strategic Negotiation Skills by SMB Connect

Languages

English
Kannada
Tamil
Hindi
Telugu

Timeline

Senior Manager

Cushman & Wakefield
11.2022 - Current

Facilities Planning and Real Estate Analyst

The Church Of Jesus Christ Of Latter Day Saints
08.2019 - 10.2022

Purchasing Coordinator

The Church Of Jesus Christ Of Latter Day Saints
06.2016 - 08.2019

Administrative Assistant

The Church Of Jesus Christ Of Latter Day Saints
06.2014 - 06.2016

Associate IT Consultant

ITC Infotech
09.2011 - 05.2014
  • Real Estate Business Management by Real Estate Management Institute Mumbai
  • Crucial Conversations Ambassador Program for successfully handling high-stake interactions by VitalSmarts
  • Strategic Negotiation Skills by SMB Connect

Bachelor of Engineering - Computer Science

CMR INSTITUTE OF TECHNOLOGY
Sumalatha Komalpati