About the role
Asset Manager - Toronto, ON
JOB DESCRIPTION
Reporting to the President and CFO, the Asset Manager is responsible for supporting the performance, management and financing of a real estate portfolio, with over $1 billion of assets under management.
Develop and maintain financial models at the asset and fund level to assist in investment and financing decision-making. Revise financial models and waterfalls to assess the impact of new acquisitions, as well as the evolving operating, investment and financing metrics Perform underwriting analyses to inform hold/sell decisions for properties in each fund. Assist in the management of the debt book,; Support the executive team in communication with investors, producing and delivering presentation material for investor pitches and due diligence, as required. Conduct market research on economic conditions and trends that may impact investments. Support completion of annual operating budgets, fund governance committee meetings, etc. Research and record ongoing changes to Cap rates, lease rates and other information that would be used to support valuations of properties or underwriting
Portfolio Management:
Develop Monthly/annually internal valuation of company's income producing assets and development properties for IFRS reporting. Coordinate external appraisal requirements. Assist and/or prepare quarterly reporting deliverables. Prepare valuations related schedules, reconciliations, and other information supporting financial reporting requirements and IFRS disclosures in the financial statements. Assist with the preparation of Monthly NAV calculations; Liaise with cross-departmental internal staff, external valuators, and auditors.
Asset Strategy:
Contribute to the planning and the implementation of strategic business improvements that lead to increased NOI and property value. Collaborate with the operations team to develop, refine, and execute property-level business plans with a particular focus on newly developed/acquired properties or assets slated for disposition. Participate in leadership decisions with a focus on growing the business and driving profitability to maximize value of asset. Actively participate in development and investment activity to identify growth opportunities. Coordinate with Development for the valuation impact and generate Development Pro-formas.
Joint Ventures:
Contribute to the strategy and maintain good relationships with partners. Work with Operations to develop budgets and capital plans. Help grow relationships for potential future opportunities.
Qualifications and Requirements:
Undergraduate degree in finance, math, accounting, business, or a related field. 2+ years of experience in a related field. Superb financial modelling and analytical skills. Experience with Argus software an asset Ability to work independently, operate under pressure/within tight timelines. Highly developed communication skills. Ability to communicate with stakeholders, investors, and all levels of management. Multi-residential or broader commercial real estate experience considered an asset.
Not the right fit? Search for Asset Manager jobs in Toronto, Ontario, Canada
About Hays
We are leaders in specialist recruitment and workforce solutions, offering advisory services such as learning and skill development, career transitions and employer brand positioning.
As the Leadership Partner to our customers, we invest in lifelong partnerships that empower people and businesses to succeed. We help you achieve your career goals and deliver your business needs by combining meaningful innovation with our global scale and insights.
Last year we helped over 280,000 people find their next career. Join the millions of people around the world that our specialist recruitment consultants provide with up-to-date information on career options, interesting insights and specific industry trends.
We help our customers define and implement strategies to create inclusive and equitable workplaces. Through harnessing and analysing data, we support business decision making and advise on how to access Talent Networks. We also assist in identifying attractive employer propositions by truly understanding a company’s identity, and support clients with all aspects of their Early Careers proposition, from strategic planning through to operational execution.
Hays is the market leader in the UK and Asia Pacific and one of the market leaders in Continental Europe and Latin America. The c.12,800 people we employ around the world partner with clients and candidates to power the world of work. Every day our expert consultants help thousands of candidates find their next role, and they also help clients reshape workforces and deal with talent shortages. In the year to 30 June 2021, we placed 77,000 people in permanent jobs and 244,000 people into temporary roles. For more information about our global network, strategy and Group financial results, visit www.haysplc.com
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About the role
Asset Manager - Toronto, ON
JOB DESCRIPTION
Reporting to the President and CFO, the Asset Manager is responsible for supporting the performance, management and financing of a real estate portfolio, with over $1 billion of assets under management.
Develop and maintain financial models at the asset and fund level to assist in investment and financing decision-making. Revise financial models and waterfalls to assess the impact of new acquisitions, as well as the evolving operating, investment and financing metrics Perform underwriting analyses to inform hold/sell decisions for properties in each fund. Assist in the management of the debt book,; Support the executive team in communication with investors, producing and delivering presentation material for investor pitches and due diligence, as required. Conduct market research on economic conditions and trends that may impact investments. Support completion of annual operating budgets, fund governance committee meetings, etc. Research and record ongoing changes to Cap rates, lease rates and other information that would be used to support valuations of properties or underwriting
Portfolio Management:
Develop Monthly/annually internal valuation of company's income producing assets and development properties for IFRS reporting. Coordinate external appraisal requirements. Assist and/or prepare quarterly reporting deliverables. Prepare valuations related schedules, reconciliations, and other information supporting financial reporting requirements and IFRS disclosures in the financial statements. Assist with the preparation of Monthly NAV calculations; Liaise with cross-departmental internal staff, external valuators, and auditors.
Asset Strategy:
Contribute to the planning and the implementation of strategic business improvements that lead to increased NOI and property value. Collaborate with the operations team to develop, refine, and execute property-level business plans with a particular focus on newly developed/acquired properties or assets slated for disposition. Participate in leadership decisions with a focus on growing the business and driving profitability to maximize value of asset. Actively participate in development and investment activity to identify growth opportunities. Coordinate with Development for the valuation impact and generate Development Pro-formas.
Joint Ventures:
Contribute to the strategy and maintain good relationships with partners. Work with Operations to develop budgets and capital plans. Help grow relationships for potential future opportunities.
Qualifications and Requirements:
Undergraduate degree in finance, math, accounting, business, or a related field. 2+ years of experience in a related field. Superb financial modelling and analytical skills. Experience with Argus software an asset Ability to work independently, operate under pressure/within tight timelines. Highly developed communication skills. Ability to communicate with stakeholders, investors, and all levels of management. Multi-residential or broader commercial real estate experience considered an asset.
Not the right fit? Search for Asset Manager jobs in Toronto, Ontario, Canada
About Hays
We are leaders in specialist recruitment and workforce solutions, offering advisory services such as learning and skill development, career transitions and employer brand positioning.
As the Leadership Partner to our customers, we invest in lifelong partnerships that empower people and businesses to succeed. We help you achieve your career goals and deliver your business needs by combining meaningful innovation with our global scale and insights.
Last year we helped over 280,000 people find their next career. Join the millions of people around the world that our specialist recruitment consultants provide with up-to-date information on career options, interesting insights and specific industry trends.
We help our customers define and implement strategies to create inclusive and equitable workplaces. Through harnessing and analysing data, we support business decision making and advise on how to access Talent Networks. We also assist in identifying attractive employer propositions by truly understanding a company’s identity, and support clients with all aspects of their Early Careers proposition, from strategic planning through to operational execution.
Hays is the market leader in the UK and Asia Pacific and one of the market leaders in Continental Europe and Latin America. The c.12,800 people we employ around the world partner with clients and candidates to power the world of work. Every day our expert consultants help thousands of candidates find their next role, and they also help clients reshape workforces and deal with talent shortages. In the year to 30 June 2021, we placed 77,000 people in permanent jobs and 244,000 people into temporary roles. For more information about our global network, strategy and Group financial results, visit www.haysplc.com