Associate, Asset Management

Job title:

Associate, Asset Management

Company

TalentSphere

Job description

Title: Associate, Asset Management
Industry: Real Estate
Location: Toronto, ON
Salary: $95,000 – $120,000K + Benefits, + Bonus
Term: Fulltime PermanentOUR CLIENT
Striving to be North America’s premier rental housing company, they are an owner and operator of a growing portfolio of single-family homes and multi-family apartments in Canada and the US. They strive to provide their residents with quality homes and an unparalleled rental experience. Enriching the lives of their residents and communities, taking care of their team is their business philosophy and culture.JOB SUMMARY
The Associate, Asset Management will work collaboratively across internal departments to optimize the portfolio, add value and establish effective financial analyses and tools that lead to industry operating and financial outperformance. You will play a key role in preparing annual operating budgets and monthly forecasts, developing investor reports, internal KPI reporting, market research and ad hoc analyses to support the launch of new properties and ensure the resiliency of property performance as properties stabilize. The ideal candidate is a self-starter who is outgoing, organized, thorough and works well under pressure.ESSENTIAL DUTIES AND RESPONSIBILITIES:

• Manage the preparation and development of annual operating and capital expenditure budgets, working collaboratively with Revenue Management, Marketing, Operations, IT, Accounting, HR and Investments teams
• Preparation and presentation of monthly operating and capital expenditure reforecasts
• Monthly analysis and reporting on asset-level & portfolio-level performance
• Preparation and presentation of monthly asset management and investor / partnership reporting
• Provide input and support to quarterly valuations for the Canadian Multi-Family portfolio
• Develop ad-hoc financial analysis and cash-flow models to assist in making complex portfolio-level decisions
• Review weekly, monthly and quarterly financial reports and identify opportunities to improve performance
• Assist with real estate tax appeal research, analysis, and coordination
• Prepare market research reports to help inform each property’s competitive positioning relative to rents, occupancy and property attributes
• Other duties as assigned

EDUCATION, EXPERIENCE AND SKILLS:

• 2-5 years of commercial real estate and/or multi-family asset management experience
• CPA Designation Preferred, BA/BCom degree in accounting, finance or real estate or related field
• Exceptional analytical and strong financial modeling skills
• Knowledge of real estate accounting and financial statement analysis
• Understanding of the multi-residential real estate industry, with a demonstrated interest in a career in real estate
• Strong business acumen with a deep understanding of profit and loss statements for multi-family properties, as well as key drivers of property valuation and returns
• Advanced knowledge of MS Excel, Powerpoint and Word
• Must possess the ability to work well within a team environment
• Must be highly organized, able to prioritize multiple concurrent projects and be able to independently identify and solve key business problems
• Exceptional written and verbal communication skills and a high level of attention to detail and accuracy

This is an exciting opportunity for a highly motivated self-starter to join a dynamic and collaborative organization.APPLY TODAY! Looking to interview and hire ASAP.
Contact Deanna Lowe atLI-TS1
TSSHP

Expected salary

Location

Toronto, ON

Job date

Thu, 15 Aug 2024 00:23:52 GMT

To help us track our recruitment effort, please indicate in your email/cover letter where (hiring-jobs.com) you saw this job posting.