Prepare, update and execute on strategic Asset Management Plans for assets within the assigned portfolio;
Maintain a portfolio of properties including the vetting of annual budgets & analysis of monthly financial statements;
Reforecast budgets and cash flows on a monthly basis;
Liaise and provide support to joint venture partners including creation of monthly reporting packages, quarterly statistics and lease approval packages;
Travel to and conduct inspections of the assets within the portfolio on an annual basis;
Collaborate with the Sr. Manager, Asset Management and other members of the Asset Management department to ensure consistent and comprehensive management of the overall RioCan portfolio;
Provide pre-budget and post-budget support to the Leasing department. Underwrite all lease transactions and recommend acceptable deals to upper management and partners;
Monitor and provide oversight of the assets within the assigned portfolio, collaborating with all departments involved with the projects (i.e. Leasing, Accounting, Operations, Investments, Development, and Construction when appropriate) and lead asset specific update meetings as required;
If required, provide oversight on any redevelopment projects within the assigned portfolio;
Identify and recommend areas of potential value enhancement, innovation and risk control;
Other duties / projects as assigned.
Requirements
University degree preferably in Business or Finance;
A minimum of 5 years working experience in commercial real estate, ideally in a similar or analytical role;
Proficient in Word, Excel, and Outlook;
Knowledge of Yardi and Argus;
Good accounting skills with knowledge of IFRS accounting a definite asset;
Excellent written & verbal communication skills.
Benefits
An Extensive Health and Benefits Program that includes health and dental benefits starting on day one, healthcare and wellness/lifestyle spending accounts, access to an employee family and assistance program, virtual healthcare services, and other resources to support your overall well-being.
A Comprehensive Retirement Program to help prepare you for your future. This includes matching employee contributions in a retirement savings plan, pension plan, and an employee unit purchase plan.
Work/Life Balance that prioritizes you. Enjoy 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 opportunities to advance your skills and grow your career through our continuing education reimbursement, mentorship and leadership development programs, on-demand online learning, and cross-functional training opportunities.
Additional Perks and Benefits that include paid time off, parental leave top-up, employee discounts, referral and recognition programs, and year-round opportunities to connect through community initiatives, committees, and social events.