Analyst, Development

Description

First Capital [TSX: FCR.UN] owns, operates, and develops grocery anchored open air centres in neighbourhoods with the strongest demographics in Canada. Through the expertise and collaboration of our team, we create thriving properties which generate value for businesses, investors and our neighbourhoods. As one of the Greater Toronto Area’s top employers, we foster a vibrant culture that ensures equal opportunity and well-being for all employees in a dynamic workplace. We are proud to provide rewarding opportunities to build meaningful careers in a fun and high performing environment.

The Role

As Analyst, Development, you will play a critical role in creating value and maximizing investment returns across First Capital’s development pipeline of retail, multi-family, and mixed-use projects. Reporting to the Senior Financial Analyst, Development you will use your analytical skills and insights to guide our decision-making and contribute to the successful execution of our real estate development opportunities.

What You Will Do

• Create detailed financial models for single and multi-phase development projects, including scenario and sensitivity analysis to inform decision-making and evaluation of investment options.
• Assist in the creation of presentations and investment memorandums to facilitate the internal approvals process.
• Collaborate with the Development, Construction, Leasing, and accounting teams in the full project lifecycle budget monitoring and reporting process, including updating proforma models and preparing quarterly reports for internal management and joint-venture partners.
• Assist with construction financing applications and the monthly loan draw process.
• Prepare various project and portfolio reports to be used by internal and external stakeholders.
• Work closely with the Asset Strategy, Investments, and Development teams on various group initiatives and special projects; and
• Participate in special projects and take on other duties, as assigned.
  
  

What You Bring

• 1-3 years of relevant commercial real estate experience in development, investment, asset management, valuations, or lending.
• Experience in retail, multifamily, and/or mixed-use is nice to have.
• University degree in Finance, Accounting, Economics, Real Estate, Urban Planning, or Engineering. MBA, CFA, CPA, or AACI are considered an asset.
  
  

What You Need To Be Successful

• Strong financial modelling capabilities and a solid understanding of finance concepts and terminology.
• High proficiency in Excel & PowerPoint. Familiarity with Argus Enterprise is considered an asset.
• General knowledge of related development fields, including leasing, operations, investment, design, and construction.
• Well-developed communication and presentation skills with the ability to present findings and conclusions in a "non-technical" manner.
• Passionate team player that can collaborate with internal and external project stakeholders but can also work independently.
• Oriented to produce high-quality work and achieve results through taking ownership, problem-solving, creative thinking, and continuous innovation.
• Ability to work in a fast-paced and dynamic work environment, dealing with competing priorities and tight deadlines through organizational and time management skills.
  
  

What We Offer

We invest in People. Along with our competitive compensation packages—we’re always thinking of new ways for our people to share in the company’s success. We are very proud to offer the following to our employees:

• Flexible Hours
• Remote Workdays
• Company-matched savings plans
• Fully paid Extended Healthcare benefits from day one
• Annual Wellness Subsidy
• Tuition & Development Program
• Employee Referral Program
• Rewards and Recognition Programs
• Paid time off during December holiday season
• Parental leave benefits
  
  

Our people are what makes us different. At First Capital, we are committed to workplace diversity and inclusion within our organization, therefore, we encourage all qualified persons from all backgrounds to apply. Accommodations are available, upon request, to all applicants with disabilities throughout our hiring process. To discuss any accommodation, please email us at [email protected].