About the Role
Choice Properties is seeking a Senior Analyst, Development Analytics and Capital to provide analytical support primarily for retail developments, with the opportunity to expand to mixed-use developments. This role offers an excellent learning experience for those aspiring to build a career in real estate development.
Responsibilities
- Create and maintain detailed development proforma and dynamic cash flow models.
- Critically assess proforma assumptions for accuracy.
- Prepare financial analysis, development scenarios, and sensitivity analysis.
- Update pro forma and cash flow projections through the Retool program for quarterly budgeting.
- Perform budget-to-actual variance analysis for ongoing projects.
- Identify potential risks to the construction schedule and budget and implement mitigation measures.
- Conduct in-depth market research to refine inputs and assumptions for feasibility analyses.
- Analyze and summarize market research databases and publications, providing updates on market trends.
- Maintain and manage the development portfolio tracker with accurate and consistent information.
- Coordinate and assist in transferring information from the portfolio tracker to a dashboard for senior management.
- Proactively monitor project performance by tracking financial, schedule, construction, and leasing progress.
- Lead the capital expenditure approval process, including preparing packages and documentation.
- Assist in the preparation of Quarterly Business Review materials and ad-hoc development updates.
- Contribute to crafting presentation decks for diverse audiences.
- Identify opportunities for process improvements and efficiencies.
- Assist with miscellaneous ad-hoc projects and duties as assigned.
Requirements
- 3-5 years of relevant real estate development experience within a development firm or equivalent.
- Thorough understanding of the full lifecycle of development.
- Strong computer skills with advanced knowledge of MS Excel and PowerPoint.
- Strong organizational, time management, and project management skills.
- Ability to lead and prioritize various initiatives in a fast-paced environment.
- Strategic and analytical mindset with excellent quantitative skills.
- Critical thinker and independent problem solver.
- Ability to identify opportunities and risks and provide initial recommendations.
- Superb oral and written communication skills, including visualization skills.
- Ability to build relationships and work collaboratively at all levels.
Skills
- Financial analysis
- Cash flow modeling
- Proforma creation
- Sensitivity analysis
- Budgeting
- Variance analysis
- Market research
- Portfolio tracking
- Capital expenditure approval
- Reporting
- Presentation development
- MS Excel
- MS PowerPoint
- Organizational skills
- Time management
- Project management
- Quantitative skills
- Critical thinking
- Problem-solving
- Communication skills
- Collaboration
Location
- 22 St. Clair Avenue East, Toronto, Ontario, M4T 2S5
Work Type
- Hybrid
- 4 days in office
Experience Level
- Senior
Education Level
- Post-secondary education/degree in real estate, business/finance, economics, or related field
- Further related designations/training (CFA, CPA, etc.) is considered an asset
Salary/Compensations
- $78,120.00 - $107,415.00 per year
About the Company
- Choice Properties REIT is Canada’s leading diversified Real Estate Investment Trust.
- Growing its retail portfolio with necessity based grocery and pharmacy anchored retail real estate.
- The balance of the portfolio is comprised of high-quality industrial and office assets located in Canada’s largest markets.
- The development pipeline creates immense value by capitalizing on a strong retail intensification program, combined with prime residential-focused mixed-use communities.
- Operates as a highly successful innovative environment where employees are encouraged to demonstrate their highly evolved ability to achieve success in a resilient team-like environment.
- A commitment to continuous learning and development is a strong part of our culture.
Equal Opportunity
- Choice Properties REIT recognizes Canada's diversity as a source of national pride and strength.
- It is a priority to reflect Canada’s evolving diversity in the people hired and the culture created.
- Accommodation is available upon request for applicants and employees with disabilities.
- Upholding the law is part of our Code of Conduct.
