Manager, Development Operations + Assets

2 weeks ago

Toronto, Canada Podium Developments Full time

Located in downtown Toronto, Podium is looking for a **Manager, Development Operations + Assets **to join our team. The Manager will work with our Development Team under the direction of the Managing Director, Head of Development, with a focus on the completion, stabilization and management of our constructed rental assets, while being involved in most aspects of project development and delivery.

**Major Responsibilities**:
**Project Level**
**Primary**
- Oversee and drive successful project residential leasing, including Property Manager oversight, initial lease-up, stabilization and re-leasing
- Oversee and drive successful project commercial leasing, including Broker oversight, lease negotiation and tenant fit-out
- Oversee preparation of annual leasing and marketing plans for operational assets, including rate plans
- Oversee preparation of annual operating budgets including optimizing revenue and expenses to achieve NOI targets
- Analyze and recommend key revenue assumptions, including residential, commercial, parking, and ancillary revenue sources
- Analyze and recommend key operating cost assumptions
- Management of turnover from construction to operations thru stabilization, including coordination of Pre-Delivery Inspections (PDIs)
- Management of development project closeout, including post-construction deficiencies, warranty administration, and securities release
- Review, negotiate and recommend hiring of Property Manager
- Oversight of Property Management, including leasing, operations and performance management
- Monthly financial reviews of operational assets
- Preparation of Annual Plans pre
- and post-stabilization
- Provide regular reporting to Ownership, including on Annual Plans

**Secondary**
- Prepare, manage and administer project budgets, including contract administration;
- Creating and managing project schedules;
- Leads and manages scope and tender project requirements for consultants and FFE;
- Managing financial controls for the project (Cash flow, invoicing, cost tracking);
- Securing and coordinating completed building insurance for the project;
- Securing take-out financing for the completed project for Ownership;
- Scheduling of appointments, meetings and travel as needed;
- Support capital calls as needed for (internal and external);
- Manage and recommend direction on liens to Ownership;
- Assist in due diligence and analysis for future potential projects
- Coordinate and manage Construction Managers.

**Department Level**
- Consolidate design and value engineering themes across projects with a focus on best-in-class long-term operations;
- Evaluate and advocate for operational improvements and systems to increase IRRs;
- Act as a liaison and knowledge expert for Podium team with respect to design input for best in
- class leasing and operations;
- Maintain Master Scopes for Consultant and FFE tendering applicable to operations;
- Represent DEV team/Podium at external events (training and networking);
- Informally mentor junior DEV team staff working directly with you

**Key Qualifications**:

- Degree or Diploma in Planning, Architecture, Engineering, Building Sciences, Economics, or equivalent.
- Minimum 7 years of working experience in the project management, property management, project leasing, planning approvals or real estate sector;
- Strong leadership, communication and technical skills;
- Demonstrated ability to manage complex processes with multiple stakeholders;
- Excellent project management skills; including scheduling, budgeting, driving processes and meeting deadlines;
- Excellent verbal and written skills, with ability to present (to owners, to public) and act as ambassador for Podium;
- Excellent strategic, analytical negotiation and problem-solving skills
- Highly proficient in MS Office Suite, project scheduling software (MS Project) and Adobe PDF/Bluebeam software
- Professional Qualifications/Certifications would be an asset.
- Fully licensed driver with access to a vehicle for site visits and meetings

**Salary**: $120,000.00-$170,000.00 per year

**Benefits**:

- Company events
- Dental care
- Disability insurance
- Employee assistance program
- Extended health care
- Life insurance
- On-site parking
- Paid time off
- RRSP match
- Tuition reimbursement
- Vision care
- Wellness program

Schedule:

- Monday to Friday

Supplemental pay types:

- Bonus pay

Work Location: In person

Application deadline: 2024-04-08
Expected start date: 2024-04-15

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