Associate – Asset Management – $85,000-$95,000 Base Plus 10% Bonus – Toronto, Ontario – Hybrid Downtown Toronto

Associate – Asset Management
$85,000-$95,000 Base Plus 10 % Bonus
Toronto, Ontario – Hybrid Downtown Toronto

With this company being one of the fastest growing real estate companies in Canada you will get experience and insight into the multifaceted operations and execution of high-profile real estate IPP and development projects. You will be responsible for the day-to-day duties of managing real estate models, acquisitions, feasibility studies, monitoring project performance, financing, modelling, planning and analyzing budgets. If this brand-new position sounds like a fit for you, do not hesitate to apply. You will be working directly for the CEO and the partners in the business. One major selling feature will be hiring 1-2 analysts within your first 6 months on the job.

Responsibilities:

  • Collaborate closely with members of the Investments and Asset Management team to ensure active and comprehensive management of the overall portfolio, with a growth path evolving towards stewardship of assets under your direct oversight.
  • In concert with the company’s senior management, consistently evaluate performance of assets in reference to their individual asset plans and recommend revisions as necessary.
  • Preparing qualitative analysis to assist in the decision-making process with respect to all aspects of the strategic Asset Management of the portfolio, including cash flow management, lease analysis, asset valuation, capital investments and day-to-day operations.
  • Working closely with Senior Management in developing and executing Asset-specific strategic initiatives. Interacting with the other business units and external parties to ensure effective coordination and efficient progress towards common goals.
  • Perform on-going market research and analysis to ensure knowledge of current market conditions and trends.
  • Working closely with third party service providers such as property management, appraisers and Clients to ensure the clear and timely dissemination of information and analysis.
  • Reforecast budgets and cash flows monthly
  • Assist in the preparation, review and presentation of quarterly reporting, annual budgets and business plans to co-ownership and clients. Participate in ad hoc portfolio performance metric reporting as required.
  • Liaise and provide support to Investment Partners including creation of monthly reporting packages, quarterly statistics and lease approval packages.
  • Manage the quarterly appraisal program, provide drafts and recommendations to the clients, for their approval.
  • Advise and assist with monthly distributions and cash flow forecasts to clients.
  • Further assist with acquisitions, dispositions, financing and other strategic activities as required.

Requirements:

  • An undergraduate degree in Business, Economics, Finance or Real Estate. An advanced degree will be considered an asset.
  • Must have 2 years of experience in commercial real estate
  • CFA is definitely an asset but is not required
  • Have a thorough understanding of commercial real estate asset management
  • Are analytical and have ability to produce analysis in appropriate language and style
  • Possess excellent communication (both written and verbal) and presentation skills
  • Are proficient in Microsoft Office suite some modleing software (Word, Excel, Project, Outlook)

If you are interested in learning more about this opportunity, please apply now by sending your resume to elan@winchesters.ca. Unfortunately, due to the high volume of applicants, only those individuals chosen for interview will be contacted.