Loblaw Companies

AVP, Retail Property Management, Ontario West

Loblaw Companies • $177K — $284K *
Real Estate & Construction
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Undergraduate or graduate degree in business or related field preferred.
  • 10+ years of experience in commercial property management; retail shopping center experience necessary.
  • 5+ years of leadership experience managing large teams.
  • Strong financial acumen, including knowledge of financial statements and lease transactions.
  • Knowledge of building operating systems and regulatory requirements in property management.
  • Excellent project management and organizational skills.
  • Effective relationship-building and negotiation abilities.

Responsibilities

  • Develop insights on the cost of capital and its implications for portfolio management.
  • Collaborate with property managers to achieve asset management goals.
  • Create strategies to enhance revenue and minimize operating expenses.
  • Oversee financial and budget management for the property portfolio.
  • Ensure capital projects are completed while minimizing tenant disruption.
  • Implement and adjust business plans to align with long-term objectives.
  • Influence strategic business decisions regarding risk management.

Benefits

  • Professional development and training opportunities.
  • Supportive team environment focused on mentoring and coaching.
  • Opportunities for leadership in a newly created position.
  • Access to innovative technology and automated systems in recruitment.
Full Job Description
Location:
6677 Meadowvale Town Centre Circle, Mississauga, Ontario, L5N 2R5

Office Location: Mississauga, Ontario

Hybrid Model: 4 days in office

Position Overview

The South-West Ontario Retail AVP, Property Management is a self-starter, a strategic thinker and has a great service-oriented attitude that will continue to encourage constant improvement of services and performance.

Responsibilities:
  • Develop an understanding of the risk and broader implications of cost of capital on the portfolio and the greater impacts of the portfolio's business plans on the overall organization.
  • Work with the property managers to meet asset management objectives.
  • Develop and implement strategies for increasing revenues and reducing operating expenses through demonstrated expertise in budget and capital planning, building operations and leasing support.
  • Prepare and have full knowledge and understanding of financial and budget matters.
  • Assure completion of capital projects without interfering with the business objectives of tenants.
  • Ensure business plans are implemented and adjusted to meet broad commitments and long-term directions.
  • Influence the direction of business decisions and obtain approvals for recommendations involving risk.
  • Work with asset management and leasing teams to seek and find compromise and alternative solutions to complex situations involving multiple parties and controversial or sensitive issues.
  • Demonstrate effective leadership of property teams to deliver best-in-class standards of customer service, maintenance and property operations.
  • Through the provision of regular feedback to his/her team, manage the activities of all direct/indirect reports to ensure the timely achievement of department goals, within prescribed policies, procedures and standard business practices.
  • Provide motivation and mentoring to property management staff by empowering, delegating and encouraging on-going professional development. Identify staff training and development needs. Ensure programs selected meet site requirements.
  • As required, prepare and deliver presentations, speeches and reports demonstrating a high degree of professionalism.
  • Demonstrate effective leadership of property management teams to deliver best-in-class standards of customer service, maintenance and property operations.
  • Ensure business plans are implemented and adjusted to meet broad commitments and long-term directions.
  • Through the provision of regular feedback to team, manage the activities of all direct/indirect reports to ensure the timely achievement of department goals, within prescribed policies, procedures and standard business practices.
  • Provide motivation and mentoring to Property Management staff by empowering, delegating and encouraging on-going professional development. Identify staff training and development needs. Ensure programs selected meet site requirements.
  • As required, prepare and deliver presentations, speeches and reports demonstrating a high degree of professionalism.


Qualifications:
  • Undergraduate or graduate degree in business or other related field is beneficial.
  • Minimum of (10) ten years progressive experience in commercial property management. Experience in retail shopping centres is required, but experience in other asset classes is also beneficial.
  • Minimum of (5) five years People leadership experience. The ideal candidate will have successfully managed a large team, and can provide examples of how he/she has motivated, mentored and/or coached specific team members to success.
  • Strong financial skills including a keen understanding of financial statements and property operating statements. Is adept at analysis of lease transactions and understands the impact on operations.
  • A demonstrated working knowledge of building operating systems in order to apply critical analysis of proposed capital work.
  • A demonstrated knowledge of all relevant environmental and related regulatory requirements.
  • Excellent project management skills.
  • Strong ability to build relationships at all levels within the organization as well as with other stakeholders.
  • Well-developed problem solving, influencing and negotiation skills to manage and resolve issues effectively within a sophisticated environment.
  • Highly developed oral and written communication skills. Solid skills in making presentations and facilitating meetings.


Additional Information:

Number of Openings:
1

Please Note: If you have Employee Self Service (ESS) on Workday, apply to this job via the Workday application.

Hiring Range / Échelle salariale à l'embauche :

$177,450.00 - $284,025.00 / 177.450,00$ - 284.025,00$ (per year / par an)

A candidate's experience and knowledge as well as the geographical region in which the position is located may be factored into the pay a candidate receives for this position. This posting is for a newly created position. The Company uses artificial intelligence for the purpose of screening, assessing and/or selecting applicants for this position. / L'expérience et les connaissances d'un candidat ainsi que la région géographique dans laquelle le poste est situé peuvent être prises en compte dans la rémunération qu'un candidat reçoit pour ce poste. Cette offre d'emploi concerne un poste nouvellement créé. L'entreprise utilise l'intelligence artificielle dans le but de filtrer, d'évaluer et/ou de sélectionner les candidats à ce poste.

About Loblaw Companies

Loblaw Companies Limited is a Canadian food retailer that encompasses 22 brands, including Loblaws, No Frills, Real Canadian Superstore, and Shoppers Drug Mart. The company was founded in 1919 by Theodore Loblaw and J. Milton Cork. Loblaw Companies Limited is the largest food retailer in Canada, with over 1,050 corporate and franchised stores across the country. The company also operates a loyalty program called PC Optimum, which allows customers to earn points on purchases that can be redeemed for discounts on future purchases.
Learn more about Loblaw Companies
Size
215,000 employees
Industry
NASDAQ

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