Senior Analyst, Development
- Toronto, ON
- Permanent
- Full-time
- Create detailed financial models for single and multi-phase development projects including multi-family residential, retail, office, and hospitality property types, both at a project and investor level (waterfall analysis)
- Obtain inputs and assumptions for a development proforma through market research, review of third-party reports, and collaboration with various teams across the organization including Construction, Leasing, and Operations.
- Conduct financial analysis, prepare scenarios and sensitivity analysis to inform decision making and evaluate development options.
- Coordinate with the required groups to ensure accuracy of the information being provided and evaluate options to improve the project return.
- Assist in the creation of presentations and memorandums to facilitate the project approvals process.
- Assist with implementing standard monthly and quarterly reporting process and assist with publishing development status reports for all projects.
- Review financial planning and reporting of joint venture partners and complete internal management reporting on major projects using the standard template.
- Perform variance analyses and reconciliations.
- Coordinate with the required groups to complete the monthly cost-to-complete process for projects currently under development.
- Prepare various project and portfolio reports to be used by internal and external stakeholders.
- Work closely with the Asset Management, Investments, and Finance teams on various group initiatives and special projects.
- Assist in the valuation processes.
- Provide input, as required, to other Real estate groups in reviewing budgets, schedules and investment feasibility.
- Assist in general development project oversight and organization including, coordinating meetings, filing, liaising with
- Other duties within the scope and purpose of the job, as requested by management.
- 1+ years of related experience within real estate development, investment, asset management, brokerage, lending,
- Understanding of real estate development process including planning, design, construction and leasing/ sales.
- Undergraduate degree with an emphasis on finance, real estate, or urban planning. MBA, CFA, CPA, or AACI are considered an asset.
- Strong financial modeling skills and a solid understanding of finance concepts and terminology.
- Proficiency in Excel, Argus, PowerPoint, and Word.
- Ability to critically review financial and project information and compile regular project reports.
- Attention to detail is critical for success in this role.
- Results oriented with the ability to prioritize and manage multiple tasks and responsibilities, maintaining attention to detail.
- Strong interpersonal and communication skills, both written and verbal, with emphasis on relationship building skills.
- Ability to work collaboratively with cross-functional teams, building consensus, communicating effectively and contributing to a positive, growth-oriented work culture.
- Being Authentic –Inspiring trust and being courageous.
- Focusing on Performance –Being accountable and driving results.
- Understanding Stakeholders – Knowing the needs of those who rely on you.
- Building Effective Relationships – Collaboration and communication.
We are sorry but this recruiter does not accept applications from abroad.