Analyst, Riocan Living Asset Management

Location: YEC; Toronto, ON

Employment Type: Permanent | Full-Time

Work Model: Hybrid (3 days in office)

Who We Are

RioCan is one of Canada's largest Real Estate Investment Trusts (REIT). We own, manage and develop retail-focused, increasingly mixed-use properties in Canada's major markets. We pioneered the REIT concept almost 30 years ago and have transformed Canadian real estate.

We are proud to be recognized as one of Canada's Greenest Employers and a Greater Toronto's Top Employer. At RioCan, you can build a career with real impact and longevity. You get the stability and resources of an established company and the entrepreneurial and collaborative spirit of a start-up. Life at RioCan is dynamic and fast-paced. We know that great ideas can come from anywhere, and we empower our people to suggest and implement them. We value different voices and perspectives and appreciate that the unique backgrounds and identities we each bring to our jobs make the whole business stronger.

POSITION OVERVIEW:

Reporting to the AVP, RioCan Living Asset Management, this position will serve as the asset manager to a portfolio of RioCan Living mixed-use and residential properties, assist with reporting to senior management and partners, review the performance of operating properties and development projects and the preparation of budgets, reforecasts, funding requests and other important project documents.

RESPONSIBILITIES:

• Assist in verifying project information for quarterly REIT reporting.
• Prepare and review monthly project draws and funding needs prior to transmission to partner.
• Provide asset management services to a portfolio of mixed-use development and IPP properties inclusive of review and analysis of monthly statements and reports, coordination with property management and leasing teams, and identification/resolution of property issues (e.g. ancillary revenue opportunities, utility management, etc…)
• Prepare Development Management and Property Management Reports as per Partner Agreement requirements, including coordinating and reviewing the inputs of other RioCan departments.
• Create memos and other internal communication.
• Support the AVP, RioCan Living Asset Management with analytical, reporting, research and administrative work.
• Perform financial analysis on the performance of operating and development opportunities.
• Support Real Estate Finance for all project lending, underwriting requirements.
• Set up and coordinate meetings, prepare meeting materials.
• Review and assist in the preparation of operating budgets, reforecasting and strategic plans for partners.
• Provide statistics, reports and financial analysis for various departments, including but not limited to residential condominium sales reports.
• Other duties / projects as required.

QUALIFICATIONS:

• Sound analytical skills
• University or College degree/diploma in Business or Finance
• Ability to work well under pressure and meet strict deadlines
• Proficient in Word, Excel, Access and Outlook
• Minimum 2 years of previous relevant experience
• Familiarity with Yardi and JDE
• Ability to read and interpret complex materials
• Excellent written and verbal communication skills
• Proven organizational and time management skills

Why join RioCan?

We believe in rewarding you for what you do and investing in your career and long-term success. Our total rewards and perquisites program is designed to fit and enrich your life physically, emotionally, financially, and socially. We offer eligible employees:

Work / Life Balance that prioritizes YOU. Enjoy a hybrid work model with flexible work hours, an extra-long weekend with our RioCan Cares Day, and half days before every long weekend in the summer.

Professional Growth and Development that includes a continuing education reimbursement, a mentorship and leadership development program, on-demand online learning, and cross-training opportunities.

An Extensive Health and Benefits Program that includes health and dental benefits for you and your family starting on day one, a healthcare spending account, an employee family and assistance program, virtual healthcare, and other resources.

A Comprehensive Retirement Program to help prepare our employees for the future. This includes matching employee contributions in a retirement savings plan, pension plan, and an employee unit purchase plan.

Additional Perks and Benefits that include paid time off, parental leave top-up, various employee discounts, employee referral and recognition programs, and opportunities to participate in community initiatives, committees, and social events throughout the year.

We are committed to creating a diverse and inclusive work environment where all employees are valued, included, and empowered to do their best work and bring great ideas. People are at the core of who we are, and we respect that they have taken all paths to get here. RioCan welcomes applications from all candidates and is committed to providing accommodations for people with disabilities. If you require accommodation at any stage of the application process, please let us know, and we will be happy to work with you to meet your needs.

Click here to learn more about who we are and what a career at RioCan can look like for you. You can also visit us at www.riocan.com.