Real Estate Development Finance Associate

5 months ago


Etobicoke, Canada Mattamy Homes Full time

**Location**:
Etobicoke, Ontario - Hybrid (3 days/week in office)**Company**:
Mattamy Homes Canada**Department**:
GTA Urban Division**Employment Type**:
Full-Time**Reports to**:
Development ManagerWhen 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. At Mattamy, we are optimistic, hardworking and supportive. Together we learn and grow as we strive to create a positive impact in the homebuilding industry. Contributing to the Mattamy Way means being surrounded by caring people who encourage you to be exactly who you are. It means your opinion is invited and your contributions count. And it means a career filled with pride, knowing you’re part of an environmentally-conscious, action-oriented organization with big plans for the future. The opportunity to bring the future of living to homeowners based on what Canadians value is exciting - and we’re making it happen.

Learn more about what makes working at Mattamy special and our award-winning culture.

**What we offer**

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

**What you’ll do**
- Develop comprehensive project proforma models and cashflow forecasts to evaluate various development scenarios and project returns. Conduct sensitivity analysis to identify project risks. 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. Provide 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.
- 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.
- Stay current on new industry technologies and trends and municipal standards.
- Prepare and provide internal team members with relevant policy updates.
- Attending public meetings and events where applicable.
- Help build industry and market presence and awareness.
- Support ongoing tool and process development.

**What **y**ou **b**ring**
- A post-secondary and/or Master’s degree in Finance or Real Estate/Business.
- Minimum 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 underwriting mid
- and/or high-rise residential developments.
- Strong financial acumen with a proven ability to develop financial models and construct cashflows.
- Demonstrated interest and enthusiasm for real estate, particularly in residential development, with a keenness to enhance skills into project management and planning approvals.
- Curiosity and willingness to challenge existing norms and systems.
- Ability to collaborate effectively within teams while also being capable of independent task management.
- Highly organized and detail oriented.
- Strong communication skills, both verbal and written.
- Ability to establish credibility, trust and build relationships with people at all levels of the organization.
- Ability and willingnes


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