Real Estate Development Finance Associate
2 weeks ago
Etobicoke , Ontario – Hybrid (3 days/week in office)
Full-Time
Development Manager
When it comes to forward-thinking homebuilding and thoughtfully planned communities, Canadians think of Mattamy Homes. And that success is centred on a foundation of great people, because our team is as solid as they come. Contributing to the Mattamy Way means being surrounded by caring people who encourage you to be exactly who you are. Mattamy is embarking on a journey to become the most respected, homeowner-centric condominium brand in the GTA with the recent launch of a dedicated urban development division. This is part of an ambitious initiative to expand and enhance our multi-family offerings in the Greater Toronto Area (GTA) and create the next generation of mixed-use urban communities. Mattamy's new GTA Urban Division has a large growth mandate that will be fueled by our current collection of 40 high-rise projects / multi-family developments within our GTA master-planned communities and an aggressive acquisition plan for single and multi-tower developments.
Known internally as Development Associate, this role will work on the execution of our development portfolio and will ultimately grow into a Development Manager position. If you’re an experienced Development professional with high-rise, medium density/mixed-use and masterplan experience focused on financial modelling, we want to hear from you
Develop comprehensive project proforma models and cashflow forecasts to evaluate various development scenarios and project returns. Conduct sensitivity analysis to identify project risk s . Use financial model outputs to assist the project team in making balanced decisions that maximize value for stakeholders.
Assist in the conceptualization, exploration , and evaluation of the feasibility of various program and built-form options for newly acquired development sites . P rovid e value-add input on the overall project vision and design.
Prepare and maintain project schedules, meeting minutes, budgets, cost tracking, quarterly variance analysis reports and other financial reporting.
Support various development approvals—including Draft Plan of Subdivision, Official Plan Amendments, Zoning Bylaw Amendments, Minor Variances, Site Plan Agreements, and Condominium Registrations—by working with internal project team members, multi-disciplined consultant teams and various government authorities.
Maintain appropriate records of architectural, landscape, and engineering plans, as well as approvals, permits and agreements for each project.
Develop people management skills by managing external team members plus co-op students.
Review and consolidate comments on technical reports, drawings, and other consultant work product and coordinate submissions for applications.
Support various internal departments (Marketing & Sales, Permitting, Estimating, Construction, Warranty, and Finance) with as-needed tasks and identify ways to optimize coordination between internal stakeholders.
Prepare and provide internal team members with relevant policy updates.
Help build industry and market presence and awareness.
Support ongoing tool and process development.
A post-secondary and/ or Master’s degree in Finance or Real Estate / Business .
M inimum of 2 years of experience in the real estate development industry , preferably in an analyst capacity and/or equivalent practical experience coupled with a Master’s degree.
Proficiency in u nderwriting mid- and/or high-rise residential developments .
Demonstrated interest and enthusiasm for real estate , particularly in residential development , with a keenness to enhance skills into project management and planning approvals .
Strategic m indset and p roblem- s olving s kills including the ab ility to apply judgment and forward planning to addressing challenges.
An understanding of planning policies, regulations, and approvals processes in Toronto , Mississauga , and surrounding municipalities.
If you’re the right candidate, we’ll help you learn and grow.
Every year, Mattamy helps more than 8,000 families realize their dream of home ownership. In Canada, our communities stretch across the Greater Toronto Area as well as in Ottawa, Calgary and Edmonton.
Diversity and inclusion are important to the work we do to support our homebuyers, colleagues, and communities. Mattamy Homes Canada is committed to providing accommodation for people with disabilities. Qualified applicants will be contacted directly by the Talent Acquisition team.
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