Manager, Portfolio Operations (Property Manager)
Allied
Allied is looking for a Manager Portfolio Operations to oversee and manage the performance of a portfolio of urban properties in Toronto.
Portfolio Operations at Allied integrates asset management and property management into one function creating owners responsible for both the financial and operational performance of a collection of assets. Portfolio Operations combines strategic and financial overview with site-specific operational insights to create value for all stakeholders.
Allied reimagined the way light industrial buildings could be used and pioneered the Class I asset class. So too we endeavour to reinvent the asset management and property management functions creating professional opportunities as distinct as the physical spaces we operate.
As owners members of the Portfolio Operations team will achieve success through contributing to and delivering upon strategic asset plans and coordinating the activities of an interdisciplinary team supporting the portfolio.
Strategic Asset Planning
Portfolio Performance
Property Management
User Experience
We are building upon our achievements at Allied and the future is exciting. How can we be so sure We have people like youengaged risk-takers who consistently deliver their best.
Above all you are excited by Allieds mission and the contribution we make to cities and communities.
Engage and manage suppliers and contractors to ensure that all required services are being performed in accordance with service level agreements.
Conduct property inspections in the context of reviewing and improving the asset plans and ensuring quality control.
Liaise with internal experts and consultants on life safety and environmental matters.
Oversee property administration and legal matters pertaining to portfolio.
Liaise with external consultants to review and appeal property tax assessments.
Support building intelligence initiatives within portfolio.
Collaborate with Technical Services team on execution of preventative maintenance program and day-to-day facilities management.
Support Technical Services and Development teams in execution of repositioning projects base building capital projects energy retrofits landlords work and tenant leasehold improvements.
Support Energy Management team in execution of sustainability plan to reduce energy and water consumption carbon emissions and maximize waste diversion within portfolio to achieve corporate ESG targets.
Lead process for third-party building certifications if applicable.
Ensure compliance with all national provincial and municipal legislation regulations and codes including health and safety and environmental programs.
Support the Life Safety and Security team and as appropriate respond to after-hours emergency calls by going to the site and taking the necessary actions required.
Ensure compliance with management agreements as required.
Strategic Asset Planning
Provide strategic portfolio and property planning including leading the preparation of Asset Plans and Annual Property Budgets.
Identify and prepare cash flow analysis of value creation opportunities within the portfolio.
Make recommendations regarding leasing strategies property operations and capital improvements in respect of each property and support or execute as required.
Support the acquisition development and disposition of properties actively participate in the due diligence process and oversee the transition of new assets into the portfolio and implementation of underwriting plans.
Implement and manage risk mitigation strategies for the portfolio.
Conduct thorough market research to support Asset Plans and new investment opportunities. Portfolio Performance
Work collaboratively with the Technical Services Energy Management Life Safety and Security Property Accounting Leasing and Development teams to execute property-specific asset plans and deliver results in accordance with the annual operating and capital budget to maximize portfolio NOI FFO AFFO and NAV.
Manage the accounts receivable process to ensure timely collection of monthly rent and tenant charges assist with difficult accounts.
Provide input on the appraisal of all assets within portfolio.
User Experience
Ensure exceptional customer service delivery.
Review user surveys and implement measures to enhance user satisfaction and retention.
3-5 years of relevant commercial real estate industry experience: asset management property management acquisitions and/or leasing.
- Undergraduate degree in Business Economics Finance or Real Estate.
- Strong people management abilities including a proven ability to build relationships.
- Strong knowledge of and experience with financial modeling and analysis including Microsoft Excel.
- Working knowledge of real estate valuations and returns.
- Solid understanding of building fundamentals and construction.
~ Would be an asset:
- MBA and/or graduate degree in real estate or finance.
- Allied Properties REIT (TSE:) is a leading owner and operator of distinctive urban workspace in Canadas major cities. Allieds business is providing knowledge-based organizations with distinctive urban environments for creativity and connectivity.
We are committed to hiring the most qualified candidates with a dedication towards supporting diversity equity and inclusion across our organization. All qualified applicants will receive consideration for employment without regard to gender ethnicity origin sexual orientation disability and socioeconomic background.
$70k - $90k per year
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