Asset Strategy Analyst

Description:

First Capital REIT (TSX: FCR.UN) is one of Canada's leading owners, operators, and developers of grocery-anchored open-air centres in high-performing urban neighbourhoods. The company emphasizes strong community ties and delivers value for businesses, investors, and residents. Recognized as one of the Greater Toronto Area’s top employers, First Capital provides a dynamic, inclusive workplace committed to career development and employee well-being.

The Analyst, Asset Strategy will play a pivotal role in enhancing asset value while mitigating portfolio risk through analytics and strategic oversight. Reporting to the Senior Director, Asset Strategy, this role involves interdepartmental collaboration, extensive financial analysis, and strategic valuation of real estate assets.

Key Responsibilities:

Asset Strategy & Analysis:

• Support the strategic planning of the company’s real estate portfolio

• Conduct financial modeling, scenario planning, and sensitivity analysis to inform investment decisions

• Prepare internal/external reports and presentations for senior executives and joint venture partners

• Monitor portfolio changes including acquisitions, dispositions, and redevelopment initiatives

• Analyze trends in local and macroeconomic markets

• Perform variance analyses and assist with valuation coordination

Portfolio Management:

• Execute quarterly real estate portfolio valuations including modeling, validation of inputs, and market evaluations

• Liaise with external valuators and auditors to ensure the accuracy and reliability of valuation assumptions

• Provide analytical support for financial reporting, forecasting, budgeting, and asset management insights

• Develop or assess financial models for acquisitions and developments

Requirements:

• Minimum 2+ years of experience in commercial real estate, preferably within asset management, valuation, or brokerage

• Strong knowledge of valuation methodologies with emphasis on retail, multi-residential, and development properties

• Bachelor’s degree in business, accounting, or real estate; MBA, CPA, or CFA considered assets

• Enrollment in or willingness to pursue the AACI designation

• Advanced Excel and Argus modeling skills

• Excellent communication, organizational, and time management skills

• Strong analytical acumen with a collaborative and solution-oriented mindset

What the Company Offers:

• Competitive compensation and savings plans with company match

• Fully paid extended healthcare benefits starting day one

• Annual wellness subsidy and tuition reimbursement

• Employee referral and recognition programs

• Paid time off during the December holiday season

• Parental leave benefits