Financial Analyst (Portfolio Team)
Start Date:
ASAP
Reports to:
Director, Reporting & Financial Analysis/PortfolioSalary Range:
$65,000 - $74,000 (dependent on experience) + bonus potentialLocation:
GTA
THE OPPORTUNITY
Provide financial and coordinative services and recommendations to support Portfolio members
DUTIES AND RESPONSIBILITIES
The specific duties and responsibilities for this position include but are not limited to the following:
- Work closely with the Director Reporting & Financial Analysis and Portfolio Leader in implementation of standard processes and procedures as it relates to financial monitoring and reporting;
- Provide input to financial and other reporting requirements to partners and lenders;
- Preparation and co-ordination of project plans for new and re-approval of developments to the Company’s real estate committee
- Ensure all project proformas are prepared accurately and updated monthly for review accompanied with variance reports detailing the changes to project proformas;
- Ensure all financial reports from accounting, leasing, engineering and construction reflecting costs incurred, revenues, hold backs/ deposits, and recoveries are accurate and reflected in monthly proforma updates;
- Monitor financial performance and project timeline and keep Director Reporting & Financial Analysis and Portfolio Leader abreast of any significant changes. Liaise with Portfolio members in planning, leasing, construction, engineering, legal, and property management;
- Ensure information is updated in all Company databases, at least weekly;
- Assist in updating cash flow forecasts to Portfolio Leader and Cash Management at least on a monthly basis;
- Assist as required with all aspects of any acquisition/ disposition transactions involving Portfolio projects;
- Assist in the preparation of packages for financing capital;
- Assist to ensure that the Corporate Finance Team is aware of all Portfolio project financing requirements and work closely to ensure financing is available;
- Provide financial review and ensure all future tenants have strong financial covenants and quality credit ratings;
- Research and stay aware of real estate and financial market conditions to assist with the development of appropriate strategies for the Portfolio projects.
QUALIFICATIONS / COMPETENCIES
- Four-year Bachelor’s Degree in real estate development, engineering or business and/or Masters in Business Administration (MBA) or Chartered Accountant or Chartered Financial Analyst (CFA) or Bachelor’s of Commerce;
- Minimum four years professional work experience in related field;
- Experience in real estate industry required
- Advanced financial and analytical skills as applied to sophisticated valuation/ development models and sensitivity analysis required.
- Excellent knowledge of finance and accounting as applied to real estate development and project financing;
- Excellent knowledge and experience related to the appropriate use of technology and information systems in a real estate development environment;
- Excellent oral and written communication skills with the ability to effectively communicate across all levels within, as well as outside the organization;
- Excellent business judgment and numerical skills;
- Excellent organization and time management skills in dealing with changing priorities in a fast paced environment;
- Strong work ethic and sense of urgency in meeting deadlines
To apply successfully, please submit your resume to the attention of Sari Friedman: