Analyst, Asset Management

Company Overview

Avenue Living Residential is Western Canada's fastest-growing private rental properties operator, with an expanding presence in Alberta, Saskatchewan, and Manitoba.

We believe in bringing people together and building relationships we are proud of every day. Our core values guide our actions, and our people bring our mission to life. We are committed to providing safe and welcoming accommodations while being responsive to our residents’ needs with efficient execution.

Our innovative teams work together to deliver both quality and value to our residents as we pride ourselves in creating communities that are safe and comfortable places to call home.

What We Are About

At Avenue Living Communities, we ensure our team members are provided with a place to develop careers that are challenging and rewarding so everyone can realize their full potential. We know our people are our biggest brand ambassadors and create our culture. We believe when we take care of our team members, they can then extend that Duty of Care to our residents and business partners.

We look for team members who are collaborative, creative, and In It Together. Individuals who are accountable, consistent, resourceful, and responsive. Those who can take initiative, seek feedback and demonstrate grit in overcoming challenges and adapting to change.

Green Is More Than Just Our Colour

If you are wondering if the grass is greener here at Avenue Living Communities, you can take comfort in knowing that through our common purpose we build relationships we are proud of every day.

By focusing on leadership excellence, employee engagement, and quality service- combined with a continuous improvement mindset, we give you the green light to create meaningful connections and memorable experiences. Fostering a positive environment where people feel energized and empowered to have sustainable results

In addition to our team members, we also want our planet to thrive. Avenue Living Communities is committed to a green future by enhancing our properties with features such as environmentally friendly water management procedures, improved heating and cooling systems, solar panels, and upgraded air filtration technology.

WHAT WILL YOU DO?

• Establish and foster strong relationships throughout the organization as a multifamily asset management expert.
• Oversee and interact with the property management team at Avenue Living Communities; support the operations team in understanding the asset strategy set by the asset management team, and performance expectations required to achieve financial targets.
• Prepare and present reports on asset performance and macroeconomic updates to the executive team and various stakeholders; recommend and implement approved revisions as necessary.
• Develop pro-formas, asset plans and budgets to align asset level strategies to corporate goals and valuations, including scenario analysis and sensitivities.
• Gather and interpret detailed market, historical, and asset information, including rents and other revenue, operating costs, margins, and capital spend.
• Develop short- and long-term asset strategies for individual properties considering projected performance, risk assessment, and market influences.
• Support acquisition underwriting and due diligence review.
• Assist with budget preparation; support in setting operational and financial targets that achieve organizational goals; develop and refine assumptions with the property management team; review and refine budgets to improve quality; and prepare presentation materials for field and executive levels.
• Analyze, collect, and present data from various sources.
• Complete Ad hoc projects as required.

WHAT DO YOU NEED?

• Prior experience in real estate and/or a strong interest to learn about the industry is required.
• Undergraduate Degree in Finance, Accounting, Commerce, or similar.
• Advanced Microsoft Office skills, including Excel, PowerPoint, and Word.
• Ability to travel to site as required.
• Capability to analyze large amounts of data, and present findings in a clear and concise manner.
• Enrolled or willingness to pursue a financial designation is an asset (CFA, CPA etc.).
• Knowledge of SQL considered an asset.
• Experience with Yardi considered an asset.
• Effective communication skills and team player mindset – you will play a key role in developing relationships, recommending strategy and collaborating across departments.
• Creative problem-solving skills and financial acumen— you are curious, creative, and a quick thinker who can make suggestions for improvement.
• Passion for real estate—this role is heavily involved in the day-to-day operation of multi-family assets.
• Ability to adapt quickly to changing needs and procedures.
• Attention to detail and strong work ethic.
• Ability to meet tight deadlines and excel in a fast-paced environment.

 WHAT DO WE OFFER?

• We live and breathe our core values. We go the extra mile. We’re honest. We always have each other's back. We have tons of integrity. And we always own it and adapt – no matter the challenge.
• With the support to do things differently, grow personally and professionally, and bring your whole self to work, there's no limit to the impact you can make.
• We provide a competitive compensation package composed of a group benefits plan, GRSP matching, and a discretionary bonus program. In addition, Avenue Living also offers an Employee Referral Program that rewards active employees for successful referrals.
• An employee centric culture with paid time off for employer supported volunteerism, a generous awards and recognition program, discounted monthly rent in Avenue Living Communities’ properties, and employee and savings program savings through industry partnerships.
• We are committed to a strong, safe work environment.

What makes us different makes us stronger. We want Avenue Living to be a great place to work for everyone; where people feel safe, included, inspired, trusted, and supported so they can be, and bring, their best. We're committed to creating a respectful and inclusive workplace where unique perspectives, experiences, backgrounds, cultures, and attributes are valued and utilized to help achieve better results. As an organization with operations across different geographies, we celebrate the fact that our workforce is made up of people with diverse demographics. We are committed to ensuring our workplace is fair, equitable, and free of discrimination and harassment. Should you require accommodation to participate fully in the recruitment process, please email peopleandculture@avenueliving.ca.

 

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