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Summary

Reporting to the Director, Asset Management, this position is responsible for the asset management of a portfolio of retail assets that is identified by geographic location and/or joint venture partner.

Responsibilities:

  • 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 Director, 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.

Qualification 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 JD Edwards and Argus
  • Good accounting skills with knowledge of IFRS accounting a definite asset
  • Excellent written & verbal communication skills

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.