Senior Analyst, Asset Management, Retail

February 11 2021
Industries Real Estate
Categories Accounting, Finance, Trading, Asset management, Financing, Investment, Merger & Acquisition, Economy, Econometrics, Modelling, Financial Analysis
Montreal, QC

Ivanhoé Cambridge develops and invests in high-quality real estate properties, projects and companies that are shaping the urban fabric in dynamic cities around the world. It does so responsibly, with a view to generate long-term performance. Ivanhoé Cambridge is committed to creating living spaces that foster the well-being of people and communities, while reducing its environmental footprint.

Ivanhoé Cambridge invests internationally alongside strategic partners and major real estate funds that are leaders in their markets. Through subsidiaries and partnerships, the Company holds interests in more than 1,000 buildings, primarily in the industrial and logistics, office, residential and retail sectors. Ivanhoé Cambridge held close to C$64 billion in real estate assets as at December 31, 2019 and is a real estate subsidiary of the Caisse de dépôt et placement du Québec (cdpq.com), one of Canada's leading institutional fund managers. For more information: ivanhoecambridge.com.

Department : Asset Management, Retail

Position type : Salaried

Specific accountabilities

Reporting to the Manager, Asset Management, you will help asset managers with the active management of the portfolio by gathering, tracking and administering financial information. You will help monitor the business plan and annual budgets for each asset, platform or entity for the entire retail portfolio.

You will also help gather and analyze the financial information required to execute the business unit's business plan, specifically as it pertains to preparing and disseminating this information and presenting it to various entities within the organization. Finally, you will regularly liaise with partners, internal support teams and other stakeholders as needed.

The role's main duties are as follows:

  • Conduct financial impact analyses for proposed changes in the leasing plan and capital projects, as well as in conjunction with asset development or redevelopment efforts;
  • Perform various analyses, including those related to the financial performance of properties, partnerships, quarterly management reports and annual/quarterly asset reviews;
  • Help create asset business plans to present to the executive committee and conduct deep-dive analyses on specific assets;
  • Help analyze financial information to monitor properties' operational and financial performance, based on real estate market trends, annual budgets and the business plan;
  • Contribute to the preparation process for annual business and strategic plans;
  • Play an active role in preparing and coordinating annual operating/capital budgets and business plans within specified timeframes;
  • Contribute to budgeting for portfolio assets by consolidating cash flow based on portfolio outlooks;
  • Monitor key data (vacancy/leasing rates, development volumes, price per square foot) in markets where properties are located;
  • Assist the Asset Management team in analyzing returns: validate assumptions used in various models, prepare cash flow projections, etc. for proposed acquisitions, dispositions and development projects; review assessment reports;
  • Provide analytical support (modelling and dashboards) related to asset management;
  • Help design tools used to optimize asset management activities;
  • Collect, analyze and organize data related to acquisitions and dispositions, and assist various teams in transaction-related due diligence;
  • Maintain high-quality business relationships with partners and act as a facilitator for various internal and external parties;
  • Carry out other tasks as required.

Key requirements

  • Undergraduate degree in finance, administration, real estate or accounting; graduate degree an asset;
  • C.App., CPA and/or CFA designation, or the equivalent, an asset;
  • Three to five years of relevant experience;
  • Experience in real estate, an asset;
  • Experience in financial modelling;
  • High level of proficiency in Microsoft Office (advanced knowledge of Excel, Word and PowerPoint); familiarity with Argus, an asset;
  • Solid grasp of core accounting principles and concepts;
  • Keen analytical mind, sense of initiative and an eye for detail;
  • Ability to liaise effectively with internal and external stakeholders;
  • Proactive and results-oriented;
  • Ability to perform under pressure with tight deadlines;
  • Excellent command of written and spoken French and English with good business writing skills;;
  • Ability to distill and present information effectively; dynamic and outgoing;
  • Self-motivated and self-directed with a collaborative team mindset;
  • Curiosity, commitment to learning and ability to take analyses to the next level.

If you are interested in this challenge, please submit your resume.

You have everything to gain!

When you join the Ivanhoé Cambridge team, you are eligible for employment benefits and a pension plan that are among the best in the industry. Our many health and wellness programs encourage you to balance your work and personal lives and fulfil your desire for social involvement, while maintaining a healthy lifestyle. At Ivanhoé Cambridge, you will have many opportunities to develop your skills and thrive professionally, in Canada or elsewhere in the world. Our initiatives aimed at creating an exceptional working environment that inspires our employees to give the best of themselves elevated Ivanhoé Cambridge into the ranks of 100 Top Employers in Canada.

Apply now!

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