AVP, Retail Property Management, Ontario West

Choice Properties General Partnership Inc.; Mississauga; Hybrid; CAD 177,000 - 284,000; Full time

Job summary

Choice Properties General Partnership Inc. in Mississauga, Ontario is seeking an AVP, South-West Ontario Retail Property Management to lead asset management and optimize performance in a hybrid work model.

The role focuses on risk-aware budgeting, capital planning, and coordinating with property managers and leasing teams to deliver best-in-class service across a large team.

Qualifications

• Undergraduate or graduate degree in business or related field.
• 10 years progressive experience in commercial property management.
• Experience in retail shopping centres required; other assets beneficial.
• 5 years people leadership experience.
• Strong financial skills including understanding of financial statements.
• A demonstrated working knowledge of lease transactions and their impact on operations.
• Knowledge of building operating systems for capital work analysis.
• Knowledge of environmental/regulatory requirements.
• Excellent project management skills.
• Strong ability to build relationships at all levels within the organization.

Responsibilities

• Develop understanding of the risk and broader implications of cost of capital on the portfolio.
• Work with property managers to meet asset management objectives.
• Develop and implement strategies to increase revenues and reduce operating expenses.
• Prepare and understand financial and budget matters.
• Assure completion of capital projects without impacting tenants.
• Ensure business plans are implemented and adjusted to meet long-term directions.
• Influence business decisions and obtain approvals involving risk.
• Collaborate with asset management and leasing teams on complex, multi-party issues.
• Lead property teams to deliver best-in-class customer service, maintenance and operations.
• Provide feedback, mentor, and develop property management staff.

Skills

People leadership

Financial analysis

Budgeting

Negotiation

Communication

Project management

Relationship building

Leasing support

Education

Undergraduate or graduate degree in business

Job description

Location: 6677 Meadowvale Town Centre Circle, Mississauga, Ontario, L5N 2R5 Office Location: Mississauga, Ontario Hybrid Model: 4 days in office

Position Overview

The South-West Ontario Retail AVP, Property Management is a self-starter, a strategic thinker and has a great service-oriented attitude that will continue to encourage constant improvement of services and performance.

Responsibilities

Develop an understanding of the risk and broader implications of cost of capital on the portfolio and the greater impacts of the portfolio’s business plans on the overall organization.

Work with the property managers to meet asset management objectives.

Develop and implement strategies for increasing revenues and reducing operating expenses through demonstrated expertise in budget and capital planning, building operations and leasing support.

Prepare and have full knowledge and understanding of financial and budget matters.

Assure completion of capital projects without interfering with the business objectives of tenants.

Ensure business plans are implemented and adjusted to meet broad commitments and long-term directions.

Influence the direction of business decisions and obtain approvals for recommendations involving risk.

Work with asset management and leasing teams to seek and find compromise and alternative solutions to complex situations involving multiple parties and controversial or sensitive issues.

Demonstrate effective leadership of property teams to deliver best-in-class standards of customer service, maintenance and property operations.

Through the provision of regular feedback to his/her team, manage the activities of all direct/indirect reports to ensure the timely achievement of department goals, within prescribed policies, procedures and standard business practices.

Provide motivation and mentoring to property management staff by empowering, delegating and encouraging on-going professional development.

Identify staff training and development needs.

Ensure programs selected meet site requirements.

As required, prepare and deliver presentations, speeches and reports demonstrating a high degree of professionalism.

Demonstrate effective leadership of property management teams to deliver best-in-class standards of customer service, maintenance and property operations.

Ensure business plans are implemented and adjusted to meet broad commitments and long-term directions.

Through the provision of regular feedback to team, manage the activities of all direct/indirect reports to ensure the timely achievement of department goals, within prescribed policies, procedures and standard business practices.

Provide motivation and mentoring to Property Management staff by empowering, delegating and encouraging on-going professional development.

Identify staff training and development needs.

Ensure programs selected meet site requirements.

As required, prepare and deliver presentations, speeches and reports demonstrating a high degree of professionalism.

Qualifications

Undergraduate or graduate degree in business or other related field is beneficial.

Minimum of (10) ten years progressive experience in commercial property management.

Experience in retail shopping centres is required, but experience in other asset classes is also beneficial.

Minimum of (5) five years People leadership experience.

The ideal candidate will have successfully managed a large team, and can provide examples of how he/she has motivated, mentored and/or coached specific team members to success.

Strong financial skills including a keen understanding of financial statements and property operating statements.

Is adept at analysis of lease transactions and understands the impact on operations.

A demonstrated working knowledge of building operating systems in order to apply critical analysis of proposed capital work.

A demonstrated knowledge of all relevant environmental and related regulatory requirements.

Excellent project management skills.

Strong ability to build relationships at all levels within the organization as well as with other stakeholders.

Well-developed problem solving, influencing and negotiation skills to manage and resolve issues effectively within a sophisticated environment.

Highly developed oral and written communication skills.

Solid skills in making presentations and facilitating meetings.

About Choice Properties

Choice Properties Real Estate Investment Trust is an owner, manager and developer of well-located retail and commercial real estate across Canada. Choice Properties' portfolio spans approximately 65 million square feet of gross leasable area and consists of over 700 properties primarily focused on supermarket-anchored shopping centers. Choice Properties’ strategy is to create value by enhancing and optimizing its portfolio through high quality transactions, strategic development and active property management. We mainly focus on necessity-based retail, and high-quality industrial and mixed-use assets. In particular, we have a strategic relationship with Loblaw, our largest tenant, that provides us with access to high quality investment opportunities. Our established operating platform with a proven track record of success also provides us with access to a transformational development pipeline that we believe supports superior long-term value creation and growth. A commitment to continuous learning and development is a strong part of our culture.

Additional Information

Choice Properties REIT recognizes Canada's diversity as a source of national pride and strength. We have made it a priority to reflect our nation’s evolving diversity in the people we hire, and the culture we create in our organization.

Accommodation is available upon request for applicants and employees with disabilities.

In addition, we believe that compliance with laws is about doing the right thing.

Upholding the law is part of our Code of Conduct – it reinforces what our customers and stakeholders expect of us.

Number of Openings: 1

Hiring Range / Échelle salariale à l’embauche : $177,450.00 - $284,025.00 / 177.450,00$ - 284.025,00$ (per year / par an)

A candidate’s experience and knowledge as well as the geographical region in which the position is located may be factored into the pay a candidate receives for this position. This posting is for a newly created position. The Company uses artificial intelligence for the purpose of screening, assessing and/or selecting applicants for this position. L’expérience et les connaissances d’un candidat ainsi que la région géographique dans laquelle le poste est situé peuvent être prises en compte dans la rémunération qu’un candidat reçoit pour ce poste. Cette offre d’emploi concerne un poste nouvellement créé. L’entreprise utilise l’intelligence artificielle dans le but de filtrer, d’évaluer et/ou de sélectionner les candidats à ce poste.

Choice Properties REIT is Canada’s leading diversified Real Estate Investment Trust. Led by an experienced management team, we are growing our retail portfolio of properties with necessity based grocery and pharmacy anchored retail real estate. The balance of the portfolio is comprised of high-quality industrial and office assets located in Canada’s largest markets. As a key business driver, the depth of our development pipeline creates immutable value by capitalizing on a strong retail intensification program, combined with prime residential-focused mixed-use communities. Choice Properties is a unique Real Estate organization; we operate as a highly successful innovative environment where employees are encouraged to demonstrate their highly evolved ability to achieve success in a resilient team-like environment. A commitment to continuous learning and development is a strong part of our culture.

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