Overview
Asset Management Analyst Jobs in Toronto, Ontario, Canada at Hays
Senior Analyst, Asset Management – Toronto, ON
Salary: $90,000 – $120,000 + bonus component
JOB DESCRIPTION
Reporting to the President and CFO, the Senior Analyst, Asset Management is responsible for supporting the performance, management and financing of a real estate portfolio, with over $1 billion of assets under management.
- Develop and maintain financial models at the asset and fund level to assist in investment and financing decision-making.
- Revise financial models and waterfalls to assess the impact of new acquisitions, as well as the evolving operating, investment and financing metrics
- Perform underwriting analyses to inform hold/sell decisions for properties in each fund.
- Assist in the management of the debt book,;
- Support the executive team in communication with investors, producing and delivering presentation material for investor pitches and due diligence, as required.
- Conduct market research on economic conditions and trends that may impact investments.
- Support completion of annual operating budgets, fund governance committee meetings, etc.
- Research and record ongoing changes to Cap rates, lease rates and other information that would be used to support valuations of properties or underwriting
Portfolio Management:
- Develop Monthly/annually internal valuation of company's income producing assets and development properties for IFRS reporting.
- Coordinate external appraisal requirements.
- Assist and/or prepare quarterly reporting deliverables.
- Prepare valuations related schedules, reconciliations, and other information supporting financial reporting requirements and IFRS disclosures in the financial statements.
- Assist with the preparation of Monthly NAV calculations;
- Liaise with cross-departmental internal staff, external valuators, and auditors.
Asset Strategy:
- Contribute to the planning and the implementation of strategic business improvements that lead to increased NOI and property value.
- Collaborate with the operations team to develop, refine, and execute property-level business plans with a particular focus on newly developed/acquired properties or assets slated for disposition.
- Participate in leadership decisions with a focus on growing the business and driving profitability to maximize value of asset.
- Actively participate in development and investment activity to identify growth opportunities.
- Coordinate with Development for the valuation impact and generate Development Pro-formas.
Joint Ventures:
- Contribute to the strategy and maintain good relationships with partners.
- Work with Operations to develop budgets and capital plans.
- Help grow relationships for potential future opportunities.
Qualifications and Requirements:
- Undergraduate degree in finance, math, accounting, business, or a related field.
- 2+ years of experience in a related field.
- Superb financial modelling and analytical skills.
- Experience with Argus software an asset
- Ability to work independently, operate under pressure/within tight timelines.
- Highly developed communication skills.
- Ability to communicate with stakeholders, investors, and all levels of management.
- Multi-residential or broader commercial real estate experience considered an asset.
Title: Asset Management Analyst
Company: Hays
Location: Toronto, Ontario, Canada