Associate Financial Analyst - #224849

Job Title: Associate Financial Analyst

Reports To: AVP, Development Financial Analysis

Department: Development

Position Summary

Provide financial analysis and ancillary support in all aspects of the land development process.

Responsibilities

• Work closely with Manager of Financial Analysis in implementation of standard processes and procedures as it relates to financial monitoring and reporting;
• Provide input to financial and other reporting requirements to partners and lenders;
• Preparation and co-ordination of project plans for new and re-approval of developments to the Company’s real estate committee;
• Ensure all project pro formas are prepared accurately and updated monthly for review accompanied with variance reports detailing the changes to project pro formas;
• Ensure all financial reports from accounting, leasing, engineering and construction reflecting costs incurred, revenues, holdbacks/deposits, and recoveries are accurate and reflected in monthly pro forma updates;
• Monitor financial performance and project timeline and keep Manager, Director, VP, and Portfolio Leader(s) abreast of any significant changes. Liaise with team members in planning, leasing, construction, engineering, legal, and property management;
• Ensure information is updated in all Company databases, as required;
• Assist in updating cash flow forecasts to Portfolio Leader and Cash Management at least on a quarterly basis;
• Assist as required with all aspects of any acquisition / disposition transactions involving Portfolio projects;
• Assist in the preparation of packages for financing;
• Assist to ensure that the Corporate Finance Team is aware of all Portfolio project financing requirements and work closely to ensure financing is available;
• Provide financial review and ensure all future tenants have strong financial covenants and quality credit ratings;
• Research and stay aware of real estate and financial market conditions to assist with the development of appropriate strategies for the Portfolio projects.
  
  

Academic/Professional Requirements

• University degree in Business, Finance, Real Estate, Engineering, or a related discipline;
• Any related designations, such as CFA, CPA, MBA, would be an asset.
  
  

Required Skills/Experience

• Minimum 1-2 years professional work experience in related field;
• Experience in Residential (Apartment/Condominium/Townhouse), Retirement, Self-Storage, Retail, and/or Mixed-Use real estate development projects would be preferred;
• Knowledge of finance and financial modeling concepts as applied to real estate development and project financing;
• Excellent knowledge and experience related to the appropriate use of technology and information systems in a business, finance, and/or real estate environment;
• Excellent oral and written communication skills with the ability to effectively communicate across all levels within, as well as outside the organization;
• Excellent business judgment and numerical skills;
• Excellent organization and time management skills in dealing with changing priorities in a fast-paced environment;
• Strong work ethic and sense of urgency in meeting deadlines;
• Strong financial and analytical skills as applied to sophisticated valuation/development models and sensitivity analysis.
  
  

Values

The Associate must be client focused, advocate and communicate a positive image of the company, both internally and externally. The Associate shall take accountability for decisions made and conduct oneself in a respectful and ethical manner in representing the Trust’s interests. The Associate shall demonstrate entrepreneurialism and behave like an “owner” in carrying out daily tasks and responsibilities; demonstrating creativity and resourcefulness in achieving desired results. The Associate is expected to be a team player and work effectively with colleagues and associates in terms of input, sharing of ideas and working to achieve common goal.

The expected base pay range is: $60,000-$75,000. The base pay range is for the primary location for which the job is posted. SmartCentres values the contribution of our Associates, and our individual salaries may vary based on the geographical location of successful candidates, as well as their experience, qualifications or skills.

Smartcentres does not use artificial intelligence (AI) tools in its own applicant tracking system, and all hiring decisions are made by our recruitment / hiring team. AI may be used by external platforms or third-party agencies during the application process. Applicants should be aware that such external platforms operate independently of the employer.

The role posted is for an existing, active vacancy.

We are an equal opportunity employer committed to an inclusive and accessible recruitment and selection process. If you are contacted about an employment opportunity, please advise if you require accommodation.