Manager Development Finance  3 days in office in Toronto – Competitive salary and bonus

Manager Development Finance

3 days in office in Toronto

Competitive salary, bonus, and package

Posted on November 9, 2022.

Our client is a well-known Toronto-based developer with a large portfolio of retail and commercial real estate across Canada.

They are looking for an experienced individual to join the team as a Manager, Development Finance. This is an exciting opportunity to join the Development team to oversee industrial, residential, and mixed-use developments. The candidate will be a team player with a self-starting attitude.

This will provide an exciting opportunity for the right candidate to build a career and gain valuable experience in real estate development.


  • Represent the company at all development partner meetings, progressing all projects forward in a timely and economical manner

  • Follow project performance by tracking financial, schedule, construction, and leasing progress

  • Effectively identify risks to the construction schedule and budget, communicate and mitigate issues

  • Ownership and management of the development project tracker and associated materials

  • Review, critically assess, and prepare project cash flows and pro forma financial projections, with an active role in the quarterly budgeting process through the Retool program

  • Build strong relationships across the company

  • Engage with planning, design & engineering, construction, leasing and asset management to prepare presentation materials for Capital Committee Meetings

  • Interact with the Corporate finance team in the preparation of Quarterly Business Review materials and any ad-hoc development updates

  • Regularly evaluate market conditions to identify changes that give rise to opportunities to either further maximize returns or mitigate risk

  • Review and evaluate monthly JV partner project reports and provide input into the bi-monthly JV project updates to senior management

  • Conduct budget-to-actual variance analysis for existing projects; ongoing budget management; in-depth understanding of costs incurred vs. cost to complete

  • Liaise with Corporate Finance and prepare construction financing packages for lenders

  • Review, negotiate and finalize loan term sheets and credit agreements



  • A minimum of 5-7 years of relevant real estate development experience working within a development firm or equivalent

  • Bachelor’s degree in business/ finance, economics, engineering or related field

  • A strong understanding of the full lifecycle of development

  • Ability to operate and thrive in a fast-paced, dynamic environment

  • A critical and strategic thinker, identify risks and opportunities and creatively problem-solve to achieve high-performance outcomes

  • A strong communicator both verbally and written

  • A strategic and analytically-minded professional with strong quantitative skills

  • Ability to work independently and collaboratively to enact results and achieve desired outcomes

  • Adept at managing and building relationships with partners, stakeholders, and the team

If you are interested in learning more about this opportunity, please email Unfortunately, due to the high volume of applicants, only those individuals chosen for an interview will be contacted.