Senior Analyst, Asset Management

Choice Properties; Toronto; On-site; CAD 80,000 - 100,000; Full time

Job summary

A leading real estate investment trust in Toronto seeks a Senior Analyst for Asset Management. This role focuses on enhancing property value through strategic financial analysis and reporting. Candidates should have 3-5 years of relevant experience, strong analytical skills, and a detail-oriented mindset to help optimize portfolio performance.

Qualifications

• 3-5 years of relevant experience in Asset Management.
• Strong understanding of property valuation and cash flows.

Responsibilities

• Optimize financial performance of the portfolio.
• Assist with quarter end reporting and property budget.
• Review NOI results for accuracy.

Skills

Analytical skills

Attention to detail

Interpersonal skills

Organizational skills

Critical thinking

Education

Relevant degree in Finance or related field

Tools

Argus Enterprise

Job description

Location:

22 St. Clair Avenue East, Toronto, Ontario, M4T 2S5

The Senior Analyst, Asset Management’s primary goals are to enhance and create further property value through all aspects within the retail portfolio. Reporting into the AVP, Retail Asset Management, the Senior Analyst will primarily be responsible for evaluating market trends and property specific information to develop strategies and financial models for each asset and region, which includes working with our leasing, operations, transactions, and development departments to execute on these strategies.

Key Responsibilities: Financial Performance & Reporting :

• Working closing with the AVP, Asset Management to optimize the financial performance of the portfolio and analyze and gain insights on portfolio performance and risk factors.
• Assist with all quarter end reporting, including recommendations for provisions, market trends, and lease deals completed in the quarter with rent spread analysis.
• Assist the AVP with the annual property budget and reforecast information required for reporting.
• Review and communicate regional, monthly, and quarterly NOI results to ensure accuracy and gain insights on portfolio performance, risk factors.
• Creation, enhancement, and management of various internal reporting & analytics, often in cooperation and collaboration with other departments.
• Review LLW, TI, and commissions payments to ensure we are tracking to budget.
• Assist with financial analysis and/or covenant review for lease transactions of any type (new lease, renewals, surrender arrangements, lease buyouts, rent deferrals/abatements and terminations)

Asset Strategy:

• Assist with implementation of asset plans for designated region and achieve financial objectives for Choice’s income property portfolio.
• Provide economic and financial analytics for major new and renewal tenant leases to support negotiations, contemplated development, and capital enhancement projects.
• Support other real estate and alternative asset portfolio related duties as assigned.

JV Partners:

• Assist with standardizing formal operational reporting for JV partners, including but not limited to monthly revenue, AR reports, capital requests, budgets, and forecasts.
• Review lease activity, including data processing for approval workflow.

Qualifications:

• 3-5 years of relevant experience in Asset Management;
• Strong understanding of property valuation and cash flows process & principles;
• Superior attention to detail;
• Ability to utilize critical thinking, analytical and decision-making skills in a fast-paced environment;
• Experience building relationships with internal and external stakeholders (tenants, brokers, etc.);
• Excellent organizational, time management and interpersonal skills;
• Experience with Argus Enterprise is considered an asset.

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.

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

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