Outhire Inc.

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Toronto, ON

Outhire Inc.

0.5

1.0

1.5

2.0

2.5

3.0

3.5

4.0

4.5

5.0

Be the first to review!

Toronto, ON

Manager Asset Management

Toronto, Ontario (view on map)

Posted 18 days ago

Job Description

Delivering a Better Hiring Experience.

At Outhire, we believe in revolutionizing the hiring process to make it more equitable and enjoyable for everyone involved. Our innovative approach puts candidates front and center, offering in-depth looks at open positions, personalized advice, and interview preparation. But we don't stop there - our Visual Resume feature ensures that hiring managers see the complete picture of who you are and what you bring to the table while eliminating biases you may face with traditional hiring practices. With Outhire, you can trust that we'll work tirelessly to match you with the role that truly fits your skills, experience, and aspirations. Join us in our mission to create a better hiring experience.

TITLE

MANAGER, ASSET MANAGEMENT – REAL ESTATE

AVERAGE SALARY

$150,000

CASH BONUS RANGE

Up to 15%

THE PERKS

• Standard health & dental benefits
• Professional dues coverage
• 15 paid days off

LOCATION

Toronto, ON Canada

THE OFFICE

In-Office

THE ROLE

The Manager, Asset Management will support the VP in managing a portfolio of various real estate projects. The Manager will lead project performance report production and present financial and strategic updates to investors and the executive team. Responsibilities also include the day-to-day duties of monitoring project performance and managing complex real estate models. The Manager will be accountable for maintaining a thorough understanding of all investment, partnership, and project-level agreements to inform key decisions and recommendations.

• 50% Investor Relations
• 20% Management Reporting
• 15% Analytics
• 15% Asset Management Projects

THE TASK

Asset Management Finance

May include, but not be limited to, the following tasks:

• Monitoring and analyzing the financial performance of real estate assets, including income, expenses, and cash flow projections.
• Developing and implementing strategies for value enhancement, including lease management, capital improvements, and cost reduction initiatives.
• Preparing detailed financial reports and forecasts for individual assets and portfolios, highlighting performance metrics and investment returns.
• Coordinating with property managers and leasing agents to optimize occupancy rates and rental income.
• Managing budgeting and forecasting processes for properties, including capital expenditure planning and operational budgeting.
• Conducting market research and analysis to inform investment decisions and asset positioning.
• Overseeing compliance with financial covenants, loan agreements, and other financing arrangements.
• Collaborating with investment and acquisition teams to assess financial viability of new opportunities and support due diligence processes.

Investor Relations

May include, but not be limited to, the following tasks:

• Communicating regularly with investors to provide updates on fund performance, investment strategies, and market trends.
• Preparing and distributing quarterly and annual reports detailing portfolio performance, financial results, and strategic initiatives.
• Organizing and conducting investor meetings, conferences, and calls to discuss fund developments and address investor inquiries.
• Managing the investor portal and ensuring timely and accurate dissemination of information to investors.
• Collaborating with the finance team to gather, analyze, and present financial data and performance metrics to investors.
• Developing and maintaining relationships with existing investors while identifying and engaging potential new investors.
• Ensuring compliance with regulatory requirements related to investor communications and disclosures.
• Assisting in the fundraising process, including the preparation of pitch decks, offering memorandums, and other marketing materials.

THE OPPORTUNITY

This opportunity is excellent for an experienced finance professional to join a fast-growing and dynamic team. The Manager will have a unique opportunity to contribute to the company’s growing Development Portfolio within the GTA spanning both high-rise and low-rise projects.

THE COMPANY

Engage with a recognized entity in the real estate and property development sector, known for its substantial residential and commercial project portfolio. With a solid growth trajectory and forward-thinking initiatives, this organization presents a stable and stimulating environment for accountants seeking to broaden their experience in a dynamic industry. The company's expansive operations and collaborative culture provide a conducive backdrop for professional advancement.

THE EXPECTATIONS TIMELINE PREVIEW

By Month 1

• Learn and familiarize yourself with all the key real estate development projects, internal stakeholders, systems, and company processes.
• Familiarize yourself with the financial pro forma models.

By Month 3

• Advancing financial analytics and reporting to an institutional level.
• Assist in preparing the quarterly project performance reports and present financial and strategic updates to the executive team and investment partners.

THE SKILL SET

• 5 years of experience in a similar role in the real estate, banking, or investment industry.
• Ideally hold a designation in CPA, CFA, CBV, or MBA.
• Excellent written and verbal communication skills.
• Advanced level Excel skills and experience with financial modelling.

ONLY QUALIFIED CANDIDATES WILL BE CONTACTED.

WANT TO SEE MORE JOBS OR GET MORE DETAILS?

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