Senior Associate, Asset Management

Responsibilities

• Actively lead and support the execution of various initiatives including:
• Office & Retail Leasing - Maximize Leasing Revenue, Velocity and Term
• Capital Expenditures - Allocation & Project Execution
• Strategic Initiatives - Acquisitions, Dispositions, Financings and Portfolio Strategies
• Employee Development - Asset & Property Management Teams
• Sustainability - Environmental, Social and Governance
• Investment Return Performance - NOI & Cash Flow Enhancement
• Process Improvement - Leasing, Legal, Accounting, Construction and Property Management coordination
• Fiduciary Responsibility - Cash Flow, Liquidity Analysis and Financial Statement Review
• Organizational Effectiveness - Innovation, Productivity and Efficiency
• Oversee the preparation of IFRS Property Valuations (Argus DCF) on a quarterly basis and ensure presentation material is delivered accurately and on timely basis
• Manage Internal Financial Analysts and External Appraisers in the preparation of DCF values
• Lead and support the completion of all tasks related to the annual Business Plan process, including development of Master & Specific Leasing Assumptions, Rental Inflation Curves, Property Operating and Capital Expense Forecasts, Expense Recovery & Shortfall Analysis, Investment Value Generation, Debt Modelling and Accretive Asset Strategies
• Ensuring timely distribution of all Business Plan and Portfolio Board deliverables
• Develop working relationships with joint venture partners and co-owners and assist with the completion and coordination of the various external reporting requirements, presentations, and business plans
• Active involvement in the Toronto Commercial Real Estate Industry promoting both professional development and the best interests of Brookfield Properties

Requirements

• SERVICE / PERSONAL SKILLS:
• Thrive in a fast-paced environment and be able to balance a varied workload and tight deadlines.
• Superior attention to detail, accuracy and ability to follow-up as required to meet deadlines.
• Results driven, detail orientated, balanced with strong communication and interpersonal skills to influence and drive change.
• Relationship management skills with respect to key stakeholders including co-owners, tenants, lenders, appraisers, consultants and the senior management/executive team.
• Strong leadership skills with a focus on solution-oriented approach to addressing issues with direct oversight of property management team.
• Must be a team player with exceptional work ethic and adaptability.
• EXPERIENCE & TECHNICAL SKILLS:
• 8+ years of extensive and relevant exposure to commercial office real estate.
• Well-rounded understanding of commercial mixed-use office fundamentals, including office and retail leasing, DCF valuation modelling, property management, building operations, business plan development, tenant and landlord construction, capital expenditure management and value-add asset strategies.
• Detail oriented.
• Proven history of excelling within team dynamics.
• High numerical and arithmetic aptitude with a sound understanding of NPV, IRR, DCF and TVM principles.
• Strong analytical ability; able to provide meaningful conclusions and effective leadership to internal Analyst team.
• Sound communication and organizational skills; able to efficiently prioritize multiple tasks.
• Self-motivated and proactive, both with respect to managing workload and professional development.
• Confidently able to deliver results and present to Senior Leadership under tight deadlines.
• Proficient in Argus Enterprise, Yardi and Microsoft applications with Advanced Excel.
• EDUCATION/DESIGNATIONS/LICENSES:
• University degree in Business, Accounting, Finance or Economics is preferred.
• Professional Financial or Commercial Real Estate designation are additionally beneficial
• Your Career @ Brookfield Properties:
• End your job search and find your career today, at Brookfield Properties.
• Why Brookfield Properties?
• We imagine, create, and operate on a foundation of values to build a better world, together. Brookfield Properties strives to create spaces where going to work never

Additional Information

Location Brookfield Place - 181 Bay Street Job Description Work alongside the Asset Management team to execute on various assignments within Brookfield Properties' Downtown Toronto Office Portfolio (+9M square feet). Assist with the development and executive execution of various regional initiatives, including leasing, property operations, financial management, strategic objectives - financings, acquisitions and dispositions, business planning, talent management and portfolio and property valuations.

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