Analyst, Asset Management

Brookfield Residential; Old Toronto; On-site; CAD 45,000 - 70,000; Full time

Job summary

An exciting entry-level opportunity awaits in the Eastern Canada Asset Management team at a leading real estate firm. As an Analyst, you will gain valuable experience in financial analysis, business planning, and asset management. Your role will involve preparing cash flow forecasts, conducting property valuations, and contributing to strategic initiatives that impact the business. This dynamic position offers a chance to work closely with various teams, enhancing your skills in a collaborative environment. Join a company that values innovation and teamwork, and take the first step in your career in commercial real estate.

Qualifications

• Entry level to 1 year of work experience required.
• Strong analytical skills and proficiency in financial modelling.

Responsibilities

• Prepare cash flow forecasts and property valuations for various financial activities.
• Assist in annual business planning and asset performance reporting.

Skills

Interpersonal Skills

Communication Skills

Critical Thinking

Detail Oriented

Presentation Skills

Education

University degree in real estate

University degree in business

University degree in accounting

University degree in economics

Tools

Microsoft Excel

Argus Enterprise

MS Office

Job description

Analyst, Asset Management page is loaded

Analyst, Asset Management

Apply locations Toronto, Ontario time type Full time posted on Posted 2 Days Ago job requisition id R2040025

Location: Brookfield Place - 181 Bay Street

Business: At Brookfield Properties, our global network and relationships are here for our tenants and partners — wherever they are in the world. Where going to work never feels routine. We integrate commercial real estate with world-class shops, restaurants, and entertainment, creating spaces where work and play don’t just coexist, but thrive. If you’re ready to be a part of our team, we encourage you to apply.

Job Description: The Canadian office real estate division has an exciting opportunity to join its Eastern Canada Asset Management team. This entry level role provides an opportunity for the successful candidate to gain experience and perform accurate and timely analytical support to Asset Management, Investments, Development, Senior Management and Leasing groups with respect to financial activities which impact the business. Direct involvement in the development of the annual Business Plans, Strategic Initiatives (Acquisitions, Dispositions, Financings, Developments, Appraisals) and regular analysis of operational performance.

RESPONSIBILITIES:

• Prepare and maintain accurate cash flow forecasts, DCF modelling and property valuations, to evaluate property value for acquisition, disposition, development and/or financing purposes and assist in due diligence process.
• Co-ordinate property valuations and leasing assumptions for existing portfolio as part of the annual business planning process and confidently present quarterly IFRS valuations. Regularly update and analyze (monthly, quarterly) and provide reporting on asset performance (e.g., variance analysis on asset returns, retail sales performance etc.).
• Contribute to accurate, timely, monthly capital forecasting process in close collaboration and coordination with construction management, property management and property accounting.
• Prepare timely evaluation of prospective tenant’s financial covenant and NER calculation. Develop and implement tenant risk profiles for asset and portfolio analysis.
• Assist with a variety of miscellaneous projects requiring financial decisions (e.g., redevelopment and re-leasing analysis, business evaluation, strategic initiatives).
• Responsible for data collection and market research relevant to the Eastern Region (e.g., leasing and investment analysis statistics).
• Assist with the development of co-ownership and corporate reporting packages.
• Potential to provide support to the Brookfield Properties Development team with initiatives that directly sit under the Eastern Region Brookfield Office Properties portfolio.
• Ad hoc analyses for management.

QUALIFICATIONS

SERVICE / PERSONAL SKILLS:

• Excellent interpersonal, communication skills (oral & written) and presentation skills.
• Results driven, detail oriented and critical thinking.
• Ability to confidently present work and recommendations.
• Exhibits strong personal initiative with the ability to work under minimal supervision and independently.
• Demonstrated flexibility and strong organizational skills.
• A solid team player, able to effectively balance changing priorities and a varied workload involving numerous projects and overlapping time constraints.
• Professional with a positive attitude.

EXPERIENCE & TECHNICAL SKILLS:

• Entry level to 1 year of work experience.
• A candidate interested in financial analysis, business planning and budgeting in a commercial real estate environment.
• Exposure to real estate financial modelling, valuations, acquisitions, dispositions, leasing and financing an asset.
• Strong Microsoft Excel skills.
• Experience with Argus Enterprise an asset but not required.
• MS Office proficiency.

EDUCATION/DESIGNATIONS/LICENSES:

• University degree in real estate, business, accounting or economics.

We are proud to create a diverse environment and are proud to be an equal opportunity employer. Accordingly, we will accommodate the needs of all qualified applicants with disabilities during the recruitment and selection process in accordance with the Ontario Human Rights Code and Accessibility for Ontarians with Disabilities Act.

About Us

At Brookfield Properties, our success starts with our people. People like you. We develop, operate, and manage more than 1100 properties and 395 million square feet of real estate across the globe. It’s a feat that wouldn’t be possible without our team, a diverse group of creative visionaries and innovative experts who are relentless in pursuit of one goal: to ensure our buildings don’t simply meet the needs of our tenants, residents, and communities — but exceed them, every day.