Date Posted: August 2, 2024
Application Deadline: August 16, 2024
Location: Mississauga, ON or New Glasgow, NS or Halifax, NS
Employment Type: Permanent
Job Type: Hybrid
Headquartered in New Glasgow, NS, Crombie is an integrity-driven, caring, and purpose-built organization. It’s why we’ve been voted one of Atlantic Canada’s Top Employers year after year. Here are a few more reasons why we all love where we work:
- Flexible, hybrid work schedules and locations;
- Funding assistance for professional dues and furthering education;
- An on-site fitness facility, or subsidized fitness centre memberships;
- Corporate discount rates;
- Professional development programs to help you grow and succeed; and
- A strong, diverse culture that promotes thought leadership and interdepartmental collaboration.
There’s no such thing as a perfect candidate. You don’t need 100% of the listed qualifications to add incredible value to our team. If you feel energized thinking about what you could accomplish here, we would love to hear from you.
Our commitment to Diversity, Equity & Inclusion
Crombie values diversity, and is committed to creating and maintaining a diverse, equitable, inclusive, and collaborative culture that is free of barriers, increases equity, and drives stronger business results. We encourage and invite candidates to self-identify on your resume if you are a member from one of the following groups: Members of visible minorities, persons with disabilities, Indigenous Peoples, women, and members of the LGBTQ2S+ community. If you require accommodation during any stage of our recruitment process, please let us know how we can assist you by contacting us at talent@crombie.ca.
Who we are
As one of Canada’s leading REITs, we build spaces that will shape communities and have a lasting impact for generations. Supported by a solid foundation and focused value creation, Crombie is positioned to deliver consistent results and generate long-term sustainable growth.
You’ll join a team of values-driven, caring colleagues. We collaborate, find solutions, and cheer each other on. Our winning culture is rooted in our values: outperform expectations, embody integrity, care passionately, deliver excellence together, and empower one another.
We care for our employees, we support flexible work, compensate with great benefits, and work with you to help meet your career goals. Learn more about us at crombie.ca.
Position Summary
Based out of Canada, the Analyst, Development performs analytics for all Crombie related development projects. The Analyst, Development also provides ongoing development and management of all development pro forma templates as required for current and future needs, including retail Land Use Intensifications (LUI), shopping centres, residential, major mixed-use, and enhancements. Additional duties of the Analyst, Development include but are not limited to:
- Creates and maintains reporting and analytical models reflecting national standards, consistent assumptions, improved usability, and functionality.
- Develops and runs proformas for all major projects, enclosed shopping centres and plazas, and LUI.
- Monitors market and corporate information for use in project analytics and proformas including, cost categories, cost inflation, rents/rental growth, condo sales/inflation factors, etc.
- Maintains database for all development project information to verify assumptions and develop higher level assumptions on longer term project ladder spending, profitability, NOI, AFFO, etc.
- Works with teams to provide forecasting and to standardize and improve the forecasting process.
- Collects, inputs, and develops assumptions for proforma models through market/policy research and collaboration with departments across the organization.
- Assists in the preparation of financial feasibility analysis and presentation materials, including sensitivity tables, scenario reviews and other analysis as required.
- Provides research and modelling support on ESG-related items for Crombie’s development projects.
- Develops and maintains industry knowledge through building professional networks, attending events and reviewing industry publications.
- Maintains and updates the Development Ladder, improving functionality and value add.
- Works in partnership with departments across the organization to provide accurate and current information as required to support reporting and planning.
- Provides coaching and shares best practices on analytical models and practices to development team and analysts working in other departments.
- Engages across all levels of the organization to create and promote a safe and respectful work environment.
- Other special projects and tasks as assigned.
The profile we are looking for
- Bachelor’s degree in Finance, Real Estate, Economics, or related field; professional certification (e.g., CFA, CCIM) is an asset.
- Two to three (2-3) years of experience in financial analysis, real estate development, investment banking, or related roles, preferably in the commercial real estate sector.
- Proficiency in financial modeling, valuation techniques, and real estate investment analysis, with advanced Excel skills and familiarity with financial modeling software.
- Strong analytical and problem-solving skills, with the ability to interpret complex financial data, identify trends, and draw actionable insights.
- Excellent communication and presentation skills, with the ability to effectively communicate complex concepts and analysis to diverse audiences.
- Detail-oriented with a high level of accuracy and attention to detail, capable of managing multiple projects and deadlines in a fast-paced environment.
- Team player with strong interpersonal skills, able to collaborate effectively with cross-functional teams and external partners to achieve common goals.
If you are interested in this opportunity, please submit a cover letter and resume:
To: talent@crombie.ca
Subject: Analyst, Development, Canada
Crombie offers competitive compensation packages tailored to each role. External salary estimate websites are not affiliated with us and are not monitored for accuracy. Specific compensation details will be discussed with selected candidates during the recruitment process. We look forward to reviewing your application.
Crombie thanks all applicants for their interest. Only those selected for an interview.