Senior Development Analyst Jobs

The Senior Development Analyst, Real Estate will be responsible for providing financial and other support on a wide range of development projects in multiple asset classes. The Analyst will oversee the development, interpretation, and implementation of financial models to evaluate and propose recommendations on investment, development, and redevelopment projects. This position will have exposure to multiple asset classes which could include land development, industrial, office, high rise condominium and residential rental projects.

Key Responsibilities

• Create detailed financial models for single and multi-phase development projects including multi-family residential, retail, office, and hospitality property types, both at a project and investor level (waterfall analysis)
• Conduct financial analysis, prepare scenarios and sensitivity analysis to inform decision making and evaluate investment options.
• Assist in the valuation processes.
• Assist in the creation of presentations and investment memorandums to facilitate the project approvals process.
• Obtain inputs and assumptions for a development proforma through market research, review of third-party reports, and collaboration with various teams across the organization including Construction, Leasing, and Operations.
• Prepare various project and portfolio reports to be used by internal and external stakeholders.
• Review financial planning and reporting of joint venture partners and complete internal management reporting on major projects using the standard template.
• Other duties within the scope and purpose of the job, as requested by management.
• Provide input, as required, to other Real estate groups in reviewing budgets, schedules and investment feasibility.
• Perform variance analyses and reconciliations.
• Coordinate with the required groups to complete the monthly cost-to-complete process for projects currently under development.
• Assist with implementing standard monthly and quarterly reporting process and assist with publishing development status reports for all projects.
• Coordinate with the required groups to ensure accuracy of the information being provided and evaluate options to improve the project return.
• Work closely with the Asset Management, Investments, and Finance teams on various group initiatives and special projects.

Key Qualifications

• Minimum 1-3 years of related experience within real estate development, investment, asset management, brokerage, lending, accounting or valuations.
• Undergraduate degree with an emphasis on finance, real estate, or urban planning. MBA, CFA, CPA, or AACI are considered an asset.
• Strong interpersonal and communication skills, both written and verbal, with emphasis on relationship building skills.
• Attention to detail is critical for success in this role.
• Ability to work collaboratively with cross-functional teams, building consensus, communicating effectively and contributing to a positive, growth-oriented work culture.
• Results oriented with the ability to prioritize and manage multiple tasks and responsibilities, maintaining attention to detail.
• Proficiency in Excel, Argus, PowerPoint, and Word.
• Understanding of real estate development process including planning, design, construction and leasing/ sales.
• Strong financial modeling skills and a solid understanding of finance concepts and terminology.
• Ability to critically review financial and project information and compile regular project reports.

Core Fengate Competencies:

• Problem Solving and Decision Making: You recognize challenges and opportunities and determine whether action is needed and prioritize situation in terms of impact.
• Teamwork and Collaboration: You are approachable and supportive of team members and go above and beyond normal duties to make the team and Fengate successful. You actively participate in team activities and projects.
• Business Focus and Strategic Thinking: You display an understanding of Fengate’s as well as the investment project’s business and strategy. You recognize and reinforce how Fengate differentiates itself in the marketplace.
• Driving for Results: You take initiative to manage your work and performance and do not require close supervision. You consistently produce high quality output.
• Communication: Clear, concise and directly communicate ideas, information and directions both verbally and in writing.

Location & Travel:

The position will be based out of the Toronto office. Fengate offers a Work-Flex policy where employees are allowed to work remotely up to 3 days per week.

We thank all applicants for their interest in this position; however only candidates selected for an interview will be contacted.

Fengate is an equal opportunity employer. We are committed to providing reasonable accommodations, if required, and will work with you to meet your needs. If you are a person with a disability and require assistance during the application process, please contact us.