Senior Analyst

Location

Two Allen Center - 1200 Smith Street

Business

Within our office business, this conviction guides every aspect of our work. Our signature structures not only define skylines but are also true destinations - bringing together office areas, retail spaces, and dining options all in one. And our high-end design capabilities and strong sustainability practices allow us to create properties that raise the bar for real estate everywhere. It's why the world's most respected businesses, non-profits, and start-ups choose us as their partner.

If you're ready to be a part of our team, we encourage you to apply.

Job Description

Brookfield Properties is currently seeking a Senior Analyst to work collaboratively with the VP, Asset Management on various initiatives related to oversight of the Houston Region. Immediately accountable to prepare Quarterly IFRS Asset Valuations for Houston as well as assisting with real-time asset and portfolio valuations for pending strategic initiatives using Argus Enterprise.

Direct Ownership of Regional Asset Valuations

• Responsible for gathering data and preparing quarterly forecasting and annual budget valuations for the Houston portfolio including, but not limited to:
  • Liaise with Accounting, Operations and Construction departments to ensure the rent rolls, recovery calculations, forecasted new leasing, projections, allowances, inducements, capital expenses and operating budgets are reconciled to ensure accuracy and completeness of Financial Models and Valuations.
  • Reconcile Yardi ABF to Argus Enterprise models.
• Ensure investment metrics used in all financial modelling are soundly supported by market and qualitative asset analysis.
• Continually analyze Asset cash flows for reasonableness and discuss areas of concerns with VP and SVP.
• Engage and direct third-party firms in the preparation of independent valuations for IFRS comparison.
• Confidently prepare timely quarterly IFRS presentation material, including contextual commentary and variance explanations.
• Responsible for gathering data and preparing desktop valuations and underwriting analyses for various Strategic Initiatives which may impact the region, including acquisitions, dispositions, financings, redevelopments and new developments using ARGUS and MS Excel.
• Consolidate individual asset valuations into portfolio scenarios in order to facilitate portfolio-level valuation analyses, including embedded optionality to evaluate partial portfolio dispositions and acquisition investment returns.
• Assist in analyzing and implementing leasing strategies, including providing timely and accurate NER and valuation analyses of major lease transactions as well as stewarding financial covenant reviews of proposed tenancies.
• Analyze redevelopment and value-add opportunities within the existing Houston portfolio.
• Assist and coordinate the preparation of quarterly Houston Board of Directors and Houston Fund reporting.
• Quickly respond to ad hoc information requests from Fund Partners.

Business Planning, Audit and Compliance

• Thorough completion of all tasks related to the annual Business Plans, including coordinating and collaborating with respect to the generation of: specific leasing assumptions and inflation curves, operating and capital budgets, modelled recovery profiles and individual asset strategies.
• Completion of final Business Plan deliverables.
• Maintain detailed interim and year-end supporting schedules.

QUALIFICATIONS:

• Strong real estate financial modeling skills with in-depth knowledge of Argus Enterprise, required
• 3-5 years of extensive exposure to commercial office real estate valuation modeling.
• Excellent numerical aptitude and arithmetically proficient with a sound understanding of NPV, IRR and TVM principles.
• Strong analytical ability, understands minutiae as well as macro-level impacts and provides meaningful conclusions.
• Strong communication and organizational skills; able to efficiently prioritize multiple tasks.
• Self-motivated and proactive, both with respect to managing workload and own professional development.
• Highly detail-oriented.
• Confidently able to provide results and present to Senior Executive Management under tight deadlines.
• Proven history of excelling within team dynamics
• Proficient in Microsoft applications with Advanced Excel.
• Bachelor's Degree in Finance and/or Business Administration
• Professional Financial or Commercial Real Estate underwriting designation additionally beneficial.

We are proud to create a diverse environment and are proud to be an equal opportunity employer. We are grateful for your interest in this position, however, only candidates selected for pre-screening will be contacted.