Brookfield Properties - Real Estate Management Analyst
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Location
Toronto, OR
Description
At Brookfield Properties, our success starts with our people. People like you.
We develop, operate, and manage more than 650 properties and 325 million square feet of real estate across the globe. It’s a feat that wouldn’t be possible without our team, a diverse group of creative visionaries and innovative experts who are relentless in pursuit of one goal: to ensure our buildings don’t simply meet the needs of our tenants, residents, and communities — but exceed them, every day.
Within our office business, this conviction guides every aspect of our work. Our signature structures not only define skylines but are also true destinations — bringing together office areas, retail spaces, and dining options all in one. And our high-end design capabilities and strong sustainability practices allow us to create properties that raise the bar for real estate everywhere. It’s why the world’s most respected businesses, non-profits, and start-ups choose us as their partner.
If you’re ready to be a part of our team, we encourage you to apply.
Description
DESCRIPTION & RESPONSIBILITIES
The office real estate sector has an exciting opportunity to join its Eastern Canada team. The role requires the successful candidate to provide accurate and timely analytical support to Asset Management, Investments, Senior Management (COO/CEO) and Leasing groups with respect to financial activities which impact the business. Direct involvement in the development of the annual Business Plans, Strategic Initiatives (Acquisitions, Dispositions, Financings, Appraisals) and regular analysis of operational performance.
Responsibilities
Prepare and maintain accurate cash flow forecasts to evaluate property value for acquisition, disposition, development and/or financing purposes and assist in due diligence process.
Co-ordinate property valuation and leasing assumptions for existing portfolio with the accounting group as part of the annual business planning process and present quarterly IFRS valuations. Regularly update and analyze (monthly, quarterly) and provide reporting on asset performance (e.g., variance analysis on asset returns, retail sales performance, etc.).
Contribute to accurate, timely, monthly capital forecasting process in close collaboration and coordination with construction management, property management and property accounting.
Prepare timely evaluation of prospective tenant’s financial covenant and NER calculation. Develop and implement tenant risk profiles for asset and portfolio analysis.
Assist with a variety of miscellaneous projects requiring financial decisions (e.g., redevelopment and re-leasing analysis, business evaluation).
Responsible for data collection and market research relevant to the Ontario region (e.g., leasing and investment analysis statistics).
Ad hoc analyses for management.
Potential for opportunities to work on other initiatives within the expanding Brookfield Properties’ growing global operations.
Embody and support Brookfield Properties’ Safety, Health and Environment Policy.
Qualifications
SERVICE / PERSONAL SKILLS:
Excellent interpersonal, communication skills (oral & written) and presentation skills.
Results driven, detail orientated and critical thinking.
Ability to confidently present work and recommendations.
Exhibits strong personal initiative with the ability to work under minimal supervision and independently.
Demonstrated flexibility and strong organizational skills.
A solid team player, able to effectively balance changing priorities and a varied workload involving numerous projects and overlapping time constraints.
Professional with a positive attitude.
Experience & Technical Skills
1-2 years of experience doing financial analysis, business planning and budgeting in a commercial real estate environment.
Experience completing analysis for real estate acquisitions, dispositions, leasing and financing.
Experience creating and manipulating financial models.
Advanced Level Microsoft Excel.
Ability to transfer underlying budget/assumptions to an accurate model utilizing real estate valuation software (Argus Enterprise).
MS Office
Education/Designations/Licenses
University degree in business, accounting or economics.
Post graduate degree or designation such as an MBA, CA, CMA or CFA would be an asset.
Brookfield is committed to accommodating the individual needs of all applicants with disabilities during the recruitment and selection process as required under the Ontario Human Rights Code and the Accessibility for Ontarians with Disabilities Act.