Duties and Responsibilities

Asset Plan Execution:

• Oversee the operations and management of the portfolio ensuring the properties physical and financial well-being, responsible for driving strategy to get the most value out of each asset;
• Complete financial review on a monthly basis, and a full financial review and analysis on a quarterly basis.
• Set annual operational and capital budgets in accordance with asset plans. Including: providing guidance to all team members on assumptions, managing the internal timelines and milestone dates, coordinating delivery of budget files with the property management companies.
• Engage appropriate third party providers for design-related capital projects; direct, review, and approve design projects for implementation with capital projects team.
• Review and provide approval of capital projects. Monitor progress of projects to ensure timely completion and quality control.
• Provide direction to 3rd party property management companies regarding day-to-day management and operation activities.
• Ensure compliance to conditions set in place by financial institutions/lenders, municipalities and other governing bodies for all assets. Provide updates and direct activities to correct any deficiencies.
• Prepare leasing and marketing strategy to maximize the income profile and value of each property, supported by market-based comparables and competitive information.
• Attend property tours on a regular basis with team members, each property should be visited, at minimum, once per calendar year. 
  

Value Add Opportunities:

• Work with the team to ensure that all possible value creation opportunities are identified.
• Recommend and implement such programs with assistance from capital projects teams and/or 3rd party property management companies. 

Leadership: 

• Oversee the professional development of direct reports
• Oversee strategic projects, as needed for the Canadian Multi- Family portfolio, providing guidance to team members 

Reporting: 

• Review asset manager property level reports; prepare and present quarterly reporting to clients.
• Review and present ad-hoc reporting, and business cases as reasonably requested by client.
• Ensure that the team is appropriately managing property tax appeals process.
• Oversee the internal reporting prepared by the analyst team.

Relationship Building:

• Take ownership of the acquisitions, dispositions, and financing transactions related to the portfolio and act as the lead communicator with all related third parties (property managers, lawyers, etc.) 
• Coordinate due diligence activities with other departments and/or third parties. 
• Manage investor/client relations activities.
• Promote the Starlight brand in the real estate community.
• Liaise with other internal departments and team members regarding value add opportunities and special projects (i.e. energy initiatives, marketing)
• Organize and lead property tours with Client and other stakeholders.
• Conduct other day-to-day relations with third parties, including property managers, suppliers, joint ventures, lenders, brokers, consultants, advisors, accountants, lawyers, insurers, appraisers, and regulatory bodies.

Requirements

• Degree in Business and/or related field; MBA or professional designation an asset
• 8-10 years experience in a related field
• Proactive/self-starter, detail-oriented, and critical thinking skills required.
• Ability to work independently and effectively in a fast-paced, demanding environment
• Developed time management skills with the ability to manage multiple priorities
• Oral and written communication skills
• Organizational skills
• Analytical and problem solving skills
• Interpersonal skills, work well with others

Location

Head office