Analyst, Asset Management

Brookfield Properties; Toronto; On-site; CAD 50,000 - 70,000; Full time

Job summary

Brookfield Properties is seeking an entry-level financial analyst for its Eastern Canada Asset Management team in Toronto. This role involves performing analytical support for financial activities impacting business decisions, enabling the successful candidate to gain valuable experience in real estate finance. Responsibilities include preparing cash flow forecasts, supporting business planning, and analyzing operational performance, all while collaborating with various teams to contribute to key initiatives.

Qualifications

• Entry level to 1 year of work experience.
• Exposure to real estate financial modelling and analysis.
• Ability to present recommendations confidently.

Responsibilities

• Prepare cash flow forecasts and property valuations.
• Assist with annual business planning and strategic initiatives.
• Conduct market research and provide financial analysis.

Skills

Analytical skills

Interpersonal communication

Critical thinking

Organizational skills

Education

University degree in real estate, business, accounting or economics

Tools

MS Office

Argus Enterprise

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 orientated 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 & TECHINCAL 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.
• Experience with Argus Enterprise an asset but not required.
• MS Office

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.

BPCA

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