Overview
Asset Manager Jobs in Burlington, ON at Equiton Partners Inc.
Full job description
About Equiton:
Founded in 2015, Equiton is a recognized leader in private equity investments and is approaching half a billion in assets under management. Our exponential growth is a direct outcome of our leadership team understanding how the industry works and how to create long-term wealth through real estate investing. We’ve discovered that finding the right opportunities involves time, experience, and discipline. Our strategy is always forward-looking, anticipating trends and adapting our selection to strengthen our market position, capitalizing on value creation opportunities, and building the most robust portfolio possible for our investors. We attract exceptionally talented people and create an atmosphere that rewards initiative, independent thinking, and integrity.
About the Position:
The Asset Manager, is an integral role within the Asset Management Team, that reports into the Vice President of Investment Finance and Asset Management. This role is responsible for of a dedicated portfolio of multi-family properties managed by the Equiton Group of companies
This position will collaborate with various teams including Investments, Property Management & Operations, Legal, Marketing and Accounting to deliver strategic analysis while applying best practices in all Equiton financial reporting.
Key Functions and Responsibilities:
Assistance with formulating annual business plans for the multifamily portfolio by establishing revenue, expenses, NOI and other key financial and operational targets
Reviews monthly property management and other property level financial reports.
Monitors, and reports on the portfolio’s performance against budget and investment proforma by analyzing monthly operating and income statements, researching and taking appropriate actions to address variances, managing and monitoring cash flow, and preparing monthly and quarterly client portfolio/performance reports, and monitoring capital & unit renovation projects.
Report significant activity including occupancy, capital programs, development progress, financial performance and any other items of note.
Working alongside Operational Team to determine leasing strategies and revenue management system. Supported by market-based comparables and competitive information.
Involvement with Equiton’s ESG and data monitoring/reporting
Identified value maximization opportunities throughout the portfolio and develop execution plan with operations team
Attend property tours on a regular basis with team members, each property should be visited, at minimum, once per quarter.
Ad hoc requests from Executive Team
Required Skills and Abilities:
Proven strategic analysis, high attention to detail and commitment to accuracy
Excellent organization, prioritizing and problem-solving skills
Strong written and verbal communication skills
Ambition and the desire to learn and continue to grow
Flexibility, and the ability to manage changing priorities
Excellent interpersonal and communication skills (verbal and written)
Education and Experience:
Bachelor’s degree in Business, Finance or related field of study
3-5 years’ experience in the Asset Management Sector
Familiarity with multi-family industry is an asset
Understand of IFRS, GAAP and auditing standards
Proficient in Microsoft Office Suite and accounting software
Experienced in the due diligence and M&A
Our Commitment to Diversity, Equity and Inclusion:
In…
Title: Asset Manager
Company: Equiton Partners Inc.
Location: Burlington, ON
Category:
