Let's face it, you love numbers. You love finding solutions using your pragmatic yet persistent approach. You know how to collaborate and work in a team.
You Are
- Passionate about financial analysis and enjoy uncovering insights from complex data.
- A proactive problem solver who continuously seeks opportunities to improve processes and drive better business outcomes.
- Energized by working with large datasets and developing robust financial models in Excel.
- Curious about the business story behind the numbers, with the ability to translate financial results into meaningful insights and recommendations.
- Equipped with a strong foundation in accounting principles and financial reporting
- Detail-oriented, analytical, and committed to delivering accurate, high-quality work in a fast-paced environment.
For your portfolio of properties, you will be responsible for:
Property level cash management
- Review and authorize property-related payments, ensuring obligations are satisfied while maintaining appropriate working capital levels
- Calculate and prepare quarterly partner distributions in accordance with property cash availability and partnership agreements
- Review and approve property funding requests prepared by the IPPA team, ensuring accuracy and alignment with cash forecasting
Property level forecasting, analysis and reporting
- Develop, update, and manage 10-year cash flow models based on approved budgets and business assumptions in excel
- Ensure forecasted capital expenditures, leasing costs, and operating revenue/expenses to ensure cash flow forecasts accurately reflect property performance
- Maintain and enhance cash flow models to accurately reflect property acquisitions, dispositions, and other portfolio changes
- Deliver financial and operational analysis to the Asset Management team, highlighting property performance, trends, and key metrics
- Present quarterly financial results, cashflow, and variance analysis to property operations and management teams
- Produce quarterly investor reports, providing insightful analysis and clear explanations of financial results and key variances
- Support special projects, process improvements, and other ad hoc analyses as required
You have
- 2-4 years of experience in property accounting with a focus in financial analysis
- Bachelor's degree in Business with a major in Accounting or Finance
- A CPA designation is an asset, enrollment in the CPA program is required
- Strong cash flow modelling and financial forecasting skills across various real estate asset classes.
- Strong understanding of complex real estate partnership structures to support calculation of waterfalls, hurdle rates, and preferred returns
- Advanced proficiency in Microsoft Excel, including Power Query; experience with Python and Power BI is considered an asset.
- Experience with Yardi (an asset)
We have
- Great, diverse, authentic people!
- Unlimited career growth opportunities
- Mentorship from the 'best in the biz'
- A Corporate Giving Strategy supporting community development
- Annual salary reviews and performance bonuses
- 100% employer paid Benefit Plan with Healthcare Spending Account and Employee Assistance Program
- An Educational Assistance Program
- 'Dress for your day' policy... and more!
Salary range: $80,000 - $100,000 per year estimated, based on experience and qualifications