Manager, Development Analytics (Real Estate Private Equity)

About Matrix360 Matrix360 has been at the forefront of building and transforming the commercial real estate and development (CRED) landscape for diverse and inclusive teams for over two decades. We continue to partner with our clients to deliver solutions as Canada’s talent management and workplace strategy leader. We are committed to contributing to the transformation of our industry, evolving workplaces to be a greater pathway to access to opportunities, and creating possibilities for all people. Our underlying value system is centered around educating and promoting Diversity, Equity, and Accessibility in the workplace. A human-centred approach and connectivity are at the core of everything we do, including: Sourcing and placing talent Advising and guiding leaders on implementing more equitable workplace policies and frameworks Creating impact in workplace cultures of excellence We are the ‘go to’ for building the future of the CRED industry - including recruiting talent, educating and delivering tools for professional development, and guiding organizations on how to build better through equitable and inclusive workplace strategies. Our search and talent management and workplace consulting tenure has guided organizations to increase diverse representation and build and enhance workplace policies and processes to expose, attract, advance, and retain talent and create inclusive workplace cultures that engage all employees. We are the platform invested in championing Diversity and Equity in the CRED industry. We actively create better pathways for career development and advancement for candidates. We proudly participate and invest in various CRED associations and educational institutions throughout Canada and the USA. Over the last 36 months, we have invested and financially contributed over $250,000 to various charities, associations and diverse community groups in Canada and the USA. We are committed to providing access, equal opportunity and accommodation for all individuals in employment, services, programs, and activities. If you require accommodation or this information in an alternative format at any stage of the search process, contact David Bendea, davidmatrix360.ca or 416 703 3400 extension 2300. About Our Client Our client is one of Canada’s leading real estate private equity firms with billions in AUM and development value in their project pipeline. The firm is focused on investment and development of mixed-use assets in urban markets. Manager, Development Finance On behalf of our client, we are seeking a Manager to support the investments & development functions, working directly with the VP and supporting a pipeline of current and future development projects. The successful candidate will be a highly motivated relationship builder, with a passion for real estate development, and a desire to join a dynamic team. In addition, they will be able to work in a fast-paced environment and will be responsible for supporting a growing portfolio of development projects. This individual should possess strong analytical and underwriting skills to oversee projects from acquisition through design, approvals, construction, and closeout stages. This person is a driven professional with a positive and collaborative attitude, with a no task is too big or too small mindset, and who is excited about joining a growing team. The compensation package range is competitive and flexible depending on level of industry experience and exposure. Our client is an advocate for equity and diversity and recognizes the importance of leadership engagement within its framework. Responsibilities Lead underwriting activities on a growing portfolio of active development projects through due diligence, acquisition, planning approvals, construction and closeout phases working alongside internal teams and JV partners. Prepare proformas, project underwriting and budgets, as well as track and analyze current projects under development. Update cash flow projections, development pro-formas, JV waterfall models, and budget variance analysis regularly. Conduct market research and feasibility analysis for due diligence on new acquisitions. Co-create reports, memos, and documents alongside other team members for internal and external stakeholders. Compile required reports, job cost information, and accounting data to support cash calls. Lead research, assumptions, inputs, and financial analysis for decisions regarding development strategy, asset mix, budgets and schedules, financing, and sales strategies. Work closely with development, investments, and accounting teams to streamline processes and data sharing. Support investor and management update reports on a monthly and quarterly basis. Generate and maintain development project reports and files. Qualifications 5 years of experience working in investments and/or analysis for real estate development projects. Degree in Commerce, Finance, Economics, and/or Real Estate preferred. Passion and interest in real estate development. Financial acumen to lead complex underwriting, project budgeting and financial reporting. Attention to detail to review, organize, and analyze large amounts of data. Strong organization, analytical and prioritization skills. Ability to problem solve effectively and adept at presenting complex information clearly and concisely. Collaborative attitude with the capacity and willingness to manage multiple tasks by being flexible/adaptable and responding to changing circumstances. Excels in a dynamic and fast paced environment and enjoys new challenges. Superior communication skills, both written and verbal with a successful track record in working with stakeholders of multiple disciplines. Highly collaborative and self-starter, with ability to work independently. Friendly and professional demeanor with a positive attitude. Skilled in the use of Word, Outlook, and Excel. By providing us with a copy of your resume and any subsequent personal information directly, you understand that it has been furnished with your consent for the purpose of possible disclosure to our client, who has agreed to comply with our Privacy Policy and Confidentiality Policy. We will only disclose your personal information to clients with your prior knowledge and consent. Matrix360 believes in and continuously operates from the highest search and talent management ethics level. We continue to respect the privacy and confidentiality of the personal information provided to us. We are committed to guarding your information securely and managing it per our legal responsibilities wherever we operate, including the Personal Information Protection and Electronic Documents Act ("PIPEDA") in Canada. For more information on our Privacy and Confidentiality Policies please contact: David Bendea, Director Partnerships & Engagement: davidmatrix360.ca or 416.703.3400 extension 2300. Follow Us LinkedIn: https://go.matrix360.ca/LinkedIn Instagram: matrix360_inc We Believe People are the Bridge to Profits and Possibilities

Location: Toronto, CA

Posted Date: 4/4/2024