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CT REIT is seeking a Financial Analyst for their Toronto office. The role involves providing analytical support for financial evaluations and investment underwriting, with responsibilities including market analysis, financial models, and preparation for Board meetings. Candidates should have a degree in business or real estate, along with experience in commercial real estate.
CT Real Estate Investment Trust (CT REIT, TSX : CRT.UN) is an unincorporated, closed end real estate investment trust formed to own income-producing commercial properties primarily located in Canada. The REIT’s portfolio is comprised of more than 370 properties totaling over 30 million square feet of GLA, consisting primarily of net lease retail properties located across Canada. The Financial Analyst, Asset Management & Investments will play an important role in providing valuation support, financial analysis and investment underwriting to the REIT team. The ideal candidate will provide pro-active, actionable analytical support and business insight to REIT management in understanding the financial impacts, risks, and benefits within the existing portfolio and related to quarterly valuations, potential acquisitions, developments / re-developments, and other financial arrangements / projects.
Reporting to the Manager, Asset Management & Investments, the Financial Analyst will :
Assist the Manager with the coordination of the quarterly valuation, and audit process.
Review of external appraisals to ensure the accuracy and reasonableness of the value conclusion.
Conduct research and analysis of the commercial real estate market (sales & lease transactions, and property-level analysis).
Create and maintain Argus Enterprise models of individual assets to support the quarterly valuation process and for the evaluation of investment opportunities (acquisition, development, and disposition).
Prepare materials for quarterly Board meetings, including underwriting analysis for investments to be approved.
Prepare investment analysis (leasing / capital) to assist management with decision making.
Coordinate and track information from the various departments across the organization for planning / forecasting and quarterly management reporting.
Communicate with and coordinate team members towork towards achieving objectivesacross different functions.
Perform other related tasks and duties, as required.
What you bring
To be considered for the role, candidates would have 1-3 years’ experience in commercial real estate roles with evidence of success in creating value and in working in a cross-functional team environment. Candidates should also have the following qualifications or experience :
Undergraduate or graduate degree and / or designation, preferably in the business or real estate field.
Proficiency in Microsoft Excel.
Experience in Argus modeling is preferred.
Knowledge of real estate financial modeling, the industry, and the marketplace, with a strong emphasis on IRR, cash flows and returns analysis.
Experience in supporting the valuations, acquisition, development, financing, or leasing of commercial real estate.
Solid interpersonal and communication skills, both written and verbal, ability to deal with people at all levels of the organization.
Results-oriented with the ability to prioritize and manage multiple tasks and responsibilities, maintaining attention to detail.
Strong financial literacy, detail oriented and strong commitment to accuracy.
Demonstrated ability to perform in a complex organization.
This role is based out of our Toronto office located at Yonge and Eglinton.