Manager, Finance (15 month position)

Current External; Toronto; On-site; CAD 90,000 - 120,000; Full time

Job summary

A leading company in real estate seeks a Finance Manager in Toronto. The role involves valuation analysis, financial reporting, and collaboration with various stakeholders to enhance the valuation portfolio. Ideal candidates will possess strong analytical skills and relevant credentials, such as an MBA and CFA designation, ensuring effective leadership in financial analysis and strategy.

Benefits

Best-in-class benefits

Support for growth and development

Qualifications

• 3-5 years real estate industry related experience.
• Knowledge of real estate valuation models and market research.
• Strong attention to detail and organizational skills.

Responsibilities

• Perform valuation modeling and sensitivity analysis.
• Analyze leasing deals and market transactions.
• Assist in managing external stakeholders and queries.

Skills

Financial analysis

Communication

Problem solving

Education

University Degree or MBA

CFA and/or accounting designation (CPA, CMA)

Tools

Excel

ARGUS

Yardi

Job description

Manager Finance is responsible for a variety of functions relating to Valuations Portfolio Benchmarking / MSCI data submissions and lease transaction analysis for Cadillac Fairviews real estate portfolio.

The role will work in partnership with Ontario Teachers Pension Plan (OTPP); our auditors (Deloitte); third party appraisers (Altus C&W CBRE JLL and others); and other internal CF departments.

This position will require the successful candidate to work four days per week in the office.

What you will deliver :

• Assist in review and coordination of quarterly / annual appraisals.
• Perform valuation modeling and sensitivity analysis in Argus and / or Excel.
• Analyze leasing deals determine deal accretiveness and make appropriate recommendation to leasing team for inclusion in business cases for deal approvals
• Research market gather and analyze investment transactions to benchmark against CFs portfolio of assets
• Assist in valuation analysis on land and properties under development including preparing land residuals utilizing development proformas and underwriting materials and impairment analysis
• Analyze and report valuation results accurately and timely for financial statements production board meetings strategy plan and benchmarking
• Assist in managing external stakeholders (appraisers shareholder (OTPP) auditors external investment partners) as well as internal teams (other CF departments) requests and queries.
• Compile detailed budget information rent rolls sales reports recoveries recoverable and nonrecoverable capital leasing transactions from internal sources and distribute to external appraisers auditors shareholder and external partners)
• Analyze property budgets and assist in response to questions from external third party stakeholders (appraisers auditors OTPPB etc) as well as other departments (primarily Investments and Development Income & Property Tax Operations).
• Assist in value forecasting for the annual Three Year Plan
• Support various strategic initiatives and projects as they arise
• Assist in preparing and analyzing quarterly performance results for submissions to MSCI / Realpac Canada Property Index
• Assist in summarizing analyzing and reporting performance results vs benchmark

What your strengths are :

• Strong technical knowledge ability to perform complex financial analysis
• Highly proficient in relevant systems including Excel ARGUS Yardi Microsoft suite
• Strong understanding of capital markets valuations and real estate operation
• Strong verbal and written communication and presentation skills.
• Professional demeanor excellent communication and presentation skills with a high degree of integrity diplomacy and insight.
• Strong business and financial acumen with a solid grounding in accounting and financial processes and market analysis. Ability to bridge appraisals and resulting capital gains / losses with Accounting Reporting and Planning Team. Demonstrated track record of successfully working in a team oriented environment with minimal supervision and tight timelines.
• Ability to interact effectively with a wide range of internal and external people at a variety of levels.
• Positive attitude and focus on solutions.
• Aptitude for accounting finance modeling with respect to analysis and valuations.
• Ability to work under pressure and to multitask.
• Keen observation skills and ability to respond quickly.

What you need to succeed :

• University Degree or MBA and CFA and / or accounting designation (CPA CMA).
• 35 years real estate industry related experience.
• Knowledge of real estate valuation models financial analysis market research.
• Understanding of major functional areas : Valuations Investment Finance Accounting Development.
• Computer literate and skilled in the use of : Word Excel (advance complex formula / worksheet construction) Argus Power Point Yardi.
• Strong organizational analytical and problem solving skills.
• Ability to organize time and meet deadlines.
• Strong attention to detail.

Why you should join us :

At Cadillac Fairview we have been transforming communities for over 50 years. We are so much more than our properties. We are building leaders at all levels. We offer the challenge of interesting work a great organizational culture the opportunity to collaborate with the best in the business and support for your growth and development. We reward valuesbased behavior and superior results with a competitive rewards package that includes bestinclass benefits and pension. Imagine a place where you can make a difference!

At CF our everyday actions and critical business decisions are guided by our CF Values. Achieving results is naturally important for us and we achieve results through behaviours that are consistent with our CF Values.

Are you someone who believes in our values

• Aim Higher we strive to exceed expectations
• Own Your Expertise we empower ourselves and each other
• Collaborate Effectively we bring the right people together to get the right results
• Engage with Empathy we objectively consider the needs of others
• Embrace Change we drive learn from and adapt to change

At CF youll join a diverse community and awardwinning team where your talent and commitment to excellence are welcomed valued and respected.

CF is an equal opportunity employer and is committed to creating a diverse and inclusive environment. If you need reasonable accommodation during the recruitment assessment and / or selection process please notify your CF contact or email

Required Experience :

Manager

Key Skills

Employment Type : Full-Time

Department / Functional Area : Finance

Experience : years

Vacancy : 1

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Manager Finance • Toronto, Ontario, Canada