Position SummaryA proven partner in healthcare infrastructure: Vital Infrastructure invests in, operates and partners to strengthen essential healthcare infrastructure. We're a real estate investment trust with more than $6B of assets under management, owning and operating a portfolio of 134 high-quality properties across Canada, the United States, Brazil, Germany, and Australia. Our leadership team brings deep healthcare expertise and long-standing relationships across local health networks. Their disciplined approach to investment, operational excellence, and long-term ownership strategy supports portfolio quality and drives consistent, reliable performance for our investors and partners.
Key ResponsibilitiesFinancial
- Build customized financial models to analyze various development scenarios
- Spell out key metrics and assumptions for analyzing risks and returns, including project hard costs and soft costs (e.g. - land, site preparation, construction, consulting, tenant improvement, legal, financing & carry costs, etc.)
- Establish, review & maintain "best practices" for Development department's financial models
- Source, coordinate and manage financial-related project due diligence
- Manage & maintain point of contact with project managers on specific development projects; providing interface to Yardi Job Cost management - project related Board & related committee approval materials, project budget updates, invoice approvals, contract commitments, etc.; liaising with Accounts Payable
- Prepare, update & report on project development proformas, provide inputs to project budgets (from acquisitions through to development and construction)
Project Management
- Assist with information gathering and consolidation of customized responses addressing a multitude of incoming RFEI's - Requests for Expressions of Interest, RFQs- Requests for Qualifications, and RFPs - Requests for Proposals for potential acquisitions
- Support the Development department with updating & reporting on development pipeline proformas
- Will be responsible for proforma creation and updating for annual budgets, monthly/quarterly updates, and leasing sensitivity analysis as required.
- Will work with multiple internal and external stakeholders in the creation and updating of project proformas - which at times will feed into Board presentations.
Strategic Planning
- Manage market research, review and analysis
- Collaborate with the team to identify sites within growth areas - once macro level growth by municipality has been identified - model out development opportunity (with possible phasing options).
- Support the Investment Team to facilitate the acquisition process; and
- Once a property(s) has been identified, track, report on, and undertake due diligence reporting for site(s), which identifies site specific opportunities and constraints for development.
- Ad hoc responsibilities as assigned
Knowledge, Skills and Experience- A minimum of 3+ years relevant working experience
- Well-developed valuation, financial analysis and modelling skills, including the ability to develop a financial model from scratch in Excel.
- A relevant undergraduate qualification (Economics, Finance, Engineering or Business)
- Exposure to relevant real estate development transactions
- Prior exposure to the "healthcare" and "life science" asset class considered a bonus
- Well-developed understanding of business fundamentals: development project life cycle, income producing asset operating models, cash flows.
- Well-developed advanced Excel modeling, Argus modeling, and PowerPoint presentation skills
- Ability to structure a deliverable / storyboard / presentation for Investment Committee & Board approvals
- Knowledge of appropriate tools, techniques and intellectual capital to address transaction issues
- Understanding of balance sheets and revenue streams for a development, versus stabilized assets
- Strong commitment to professional and client service excellence. This is a "front facing" position (networking, brokers, consultants, etc.), so strong presence, poise and appropriate level of confidence
- Proven analytical skills and systematic problem solving
- Strong project management and communication skills. Ability to handle pressure and tight timelines
Project Pipeline - Asset classes currently under development: Ambulatory Surgical Centre in GTA, planning for Medical Office Building in Toronto, upzoning efforts across the Canadian portfolio
- Location of active development projects: Alberta (3 projects), Ontario (GTHA and downtown core) (3 projects), and Quebec.
Salary Range CAD $90,000-100,000
Use of AI in Recruitment Vital Infrastructure Property does not use artificial intelligence (AI) to screen, assess, or select applicants. All hiring decisions are made by our People & Culture team and hiring managers.
Existing Vacancy Disclosure This posting is for an existing vacancy within our organization.
