Organization:Jeffrey M. Siegrist & Company
Our client, Timberland Investment Resources, LLC (TIR), is a registered investment advisor and a privately owned Timberland Investment Management Organization (TIMO) dedicated to producing superior risk-adjusted timberland returns for its clients, both domestically and internationally. TIR's investment philosophy is centered on the belief that the timberland marketplace is inefficient with respect to many asset management functions and decision support activities. The firm strongly believes that above-market investment returns can be identified and unlocked through rigorous and disciplined economic and biometric analysis coupled with on-the-ground decision making and intensive asset management. Majority-owned by its partners, TIR is committed to investing in the pre-requisite staffing, training, tools, and technologies to perform these analyses. The firm is dedicated to the active management of its timberland assets to realize the full investment potential of each client portfolio via active and integrated client services, economic and biometrics research, property acquisition, forest management, property disposition, and accounting and finance reporting functions managed by the company. TIR manages timberland in twelve states and four operating regions throughout the U.S. Southeast and Northeast with assets under management exceeding $1.0 billion and 600,000 acres.
TIR is headquartered in Atlanta, Georgia with other offices located in Boston, Massachusetts; Charlotte, North Carolina; Dalton, Georgia; Lufkin, Texas; and Mobile, Alabama. The firm also operates an office in London, UK, which serves as the base for its TIR-Europe sales and marketing operations.
The home office location for our search position is flexible and can be determined by the successful candidate. The one requirement is that he/she must be located in the firm's Western Region (East Texas, Arkansas, Louisiana, Mississippi, and Western Alabama) in order to efficiently address travel logistics, specific company needs, and oversight of client properties.
The Investment Forester will report to the Western Regional Investment Manager, who is based in Lufkin, Texas. As stated previously, the permanent office location for the Investment Forester will be determined by the successful candidate but must be in Eastern Texas, Arkansas, Louisiana, Mississippi, or Western Alabama. The Investment Forester will support active, on-the-ground, investment management activities for client properties located in the Western Region, which consists of approximately 150,000 acres and 16 properties of predominantly pine plantations, with a mix of natural pine and hardwoods. The Investment Forester will primarily focus on properties in the sub-region of Arkansas, Louisiana, and Mississippi. With guidance from the Regional Investment Manager, the successful candidate will oversee and manage operational activities via coordination with Forestry Service Providers (FSP) and other vendors. These activities include on-going forest management projects, asset protection, timber sales, recreation licensing, rural tract sales, and acquisition due diligence.
About 50% of the Investment Forester's time will be allocated to managing operational activities (harvest and silvicultural inspections, vendor management, and oversight activities, etc.); 30% to networking, rural tract sales, and seeking out new acquisition opportunities; and the remainder to planning and analysis activities (activity planning, budgeting, contract administration, cost management, and other projects).
Specific duties for the position include the following:
• Assist in all aspects of forest management and vendor and contractor oversight of: timber sales and harvesting operations, silviculture prescriptions and activities, reforestation, planning and analysis, asset protection, recreation management, and compliance with TIR stewardship initiatives.
• Assist in coordination and management of applicable wood supply agreement obligations, log marketing functions, supporting stumpage sale analyses, and contract administration activities.
• Participate in strategic initiatives to enhance client returns and balance fiduciary aspects of managing multiple client investments via selected rural tract sales and new acquisition opportunities.
• Provide assistance in all aspects of lands administration to include inventory management, land sales, property tax issues, land records, property related issues, etc. as directed.
• Assist in developing, tracking, and reconciling annual regional operating budgets and forecasts.
• Networking and proactively managing and monitoring existing and potential public and community relations issues as directed.
• Ensure regional compliance with all federal, state, and local laws.
• Participate in regional industry associations and organizations as appropriate.
Major project areas include the following:
• Timber Sale and Harvest Planning and Execution:
o Timber sale analysis.
o Contract preparation and execution.
o Stumpage sale administration and settlements.
o FSP management
o Audit of harvesting activities on-the-ground.
• Silvicultural Oversight:
o Activity planning and analysis of optimal prescription assignment.
o Contract preparation and execution.
o Work with consulting foresters and vendors to ensure that silvicultural prescriptions are being met and that productivity of land base is protected.
• Vendor Project and Cost Management:
o Develop infrastructure plans for transportation, wildlife habitat, and access control, and develop annual budget for vendor maintenance projects (roads, gates, habitat, dump cleanup, etc.).
o Assist forestry consultants on designs of projects where asset value is significantly affected.
o Report on variance of spending to budget and benchmark project costs among vendors to drive cost control and review and approve invoices submitted for projects.
• Property Enhancements (Rural Tract Sales Program):
o Work with Regional Investment Manager to design and implement property enhancements to boost ‘curb appeal' for tracts on disposition lists.
o Take lead role to improve tracts access issues and work with Real Estate, forestry consultants, title companies, and others to resolve.
• Risk Management:
o Fire protection: coordinate aerial reconnaissance, state fire agencies, and arson investigation, salvage strategies, etc. Serve as TIR representative with various fire prevention and control partners.
o Catastrophic losses from Insect, Ice Storm, Wind: coordinate reconnaissance, salvage strategies, etc.
• Recreation and Minerals Management:
o Lead field and administrative work associated with recreation management activities.
o Assist in the development of new recreation programs.
o Work with legal representatives to better understand clients' mineral rights, work with geologists to better understand mineral resources, and manage mineral leases for income.
Ideal Professional Background
The successful candidate will have a bachelor's degree in Forestry or a closely related field. A graduate degree in a Forestry-related discipline or Business, while not required, is highly desirable. He/she will have from two to ten years of forest operations experience, preferably in the U.S. South. He/she will have strong data and business analysis skills, a solid interest and aptitude in financial management, and demonstrable computer application skills (GIS/mapping, spreadsheet, database management).
Ideal Personal Background
The successful candidate must have excellent verbal, written, and presentation skills and a strong professional presence. He/she must be able to work at all levels in the TIR organization and have strong networking, relationship, and team-building skills. He/she must be comfortable working in a team environment as well as working independently and alone in the outdoors through all weather conditions. The successful candidate must be a client service and results-oriented professional who can think strategically and contribute to the long-term success of TIR and the assets it manages on behalf of its clients. Based on readiness, experience, and individual performance, the successful candidate will likely be asked to assume a position of greater responsibility within the company in two to five years. As such, the candidate must be flexible with respect to his/her job assignment and willing to consider relocation if and when such opportunities arise.
Posted By: William Siegrist