Vice President, Operations, Central Canada

Toronto, ON

Reporting to the Senior Vice President Operations, this position directs the overall activities of the property management/operations function of their portfolio through a team of Regional Directors/AVPs.  The VP Operations, Central Canada oversees property management budgets and strategies, and also works with senior management and other departments to maintain property value increase expectations.

Responsibilities

  • Oversight of the portfolio of shopping centres with ownership interests in 132 retail properties containing more than 23 million square feet
  • Managing an annual revenue stream of $700 million while regulating the operational expenses, realty taxes and insurance for the portfolio
  • Ensuring that all safety legislation is adhered to and policies and practices are adopted; assisting to plan, implement, monitor and review the protective and preventative measures the company is required to follow
  • Follow-up and corrective action on feedback from property audits
  • Ensuring that properties within the portfolio meet company specifications and standards and that acceptable retention rates are maintained
  • Establishing processes and procedures to optimize the efficiency of the portfolio
  • Financial management of the portfolio; planning and managing long-term capital expenditures and monitoring all financial variables for the portfolio
  • Review and approval of annual property budgets for all centres in his/her portfolio; providing guidance and coaching to Property Managers on the budget process
  • Analyzing monthly income statements and variance reports; analyzing variances in operating expenses, income and the ancillary budget; conferring with Property Managers for the portfolio to determine source of and/or reason for variances, as required
  • Managing the accounts receivable process; closely monitoring rent collection from tenants to ensure timely receipt of rents owing and prompt payment of arrears in adherence with collection policy and procedures 
  • Championing RioCan’s corporate sustainability initiative while providing new and innovative approaches to efficient property management
  • Supporting the integration of new acquisitions into the existing portfolio
  • Management of people, directly for Regional Directors and Property Managers and indirectly for their staff; managing training and career development; providing advice and counsel regarding staffing and performance issues

Qualifications & Requirements

  • Minimum of 10 years progressive related experience in the real estate sector, with previous experience at the senior management level
  • Proven ability to meet tight deadlines
  • Strong relationships within the retail business community through experience in the industry
  • Exceptional leadership qualities
  • Demonstrated success in supporting organizations through significant cultural transformation.
  • A confident, mature leader who is able to gain trust and deliver results through influence and persuasion
  • Proactive and forward-looking
  • A strong negotiator
  • Self-directed with a capacity for evaluating, managing and executing multiple, complex and competing initiatives in stressful environments
  • Capable of setting performance standards, exhibiting sound judgment and managing a team toward meeting and exceeding objectives
  • Flexibility and a tolerance for ambiguity in change environments
  • An articulate communicator and strong listener with superior interpersonal skills
  • Strong analytical skills and business acumen, with an aptitude for quantitative evaluation of business performance
  • Unquestionable personal and professional integrity
  • Excellent written and verbal communication
  • Proficient in Word, Excel and Outlook



RioCan is committed to providing accommodations for people with disabilities. If you require an accommodation, we will work with you to meet your needs. We ask that Applicants make their needs known in advance.

Locations

Our head office is located in the heart of Toronto at 2300 Yonge Street with our total staff numbering 700. Outside of Toronto, we have regional offices in Calgary, Montreal, Dallas Texas and Mt. Laurel N.J.

Learn More >
Life at RioCan

Life at RioCan

At RioCan, we thrive in a positive and dynamic environment. It’s fast paced, bubbling with life and enthusiasm and at the same time flexible to implement your own ideas and suggestions; offering you the potential to solve issues fast without the common bureaucratic impediments of a large organization.

Learn More >