Job Description
Job Description: Development Finance AnalystOptions for Homes is Canada’s largest non-profit developer of attainable homeownership condominiums. Since 1994 we have transformed the housing landscape for moderate-income families by increasing the availability of quality, attainable homes, primarily across the Greater Toronto Ares (GTA). Position Summary We are seeking a Development Finance Analyst to join our dynamic team. This role offers the opportunity to engage in managing development projects, from initial land acquisition and conceptual design, through municipal approvals, to project completion. The successful candidate will report to the Chief Operating Officer and collaborate closely with a small, multidisciplinary team. Job ResponsibilitiesPreparation and updates to development pro formas for active development projectsWorking with senior members of the development team to draft project budgets, track and monitor project costs during the full development cycle, and develop, in conjunction with consultants, the packages for construction financingPreparation of market analysis to support sales and marketing functions, and screening of new business opportunitiesDue diligence support and underwriting for new land acquisition and business opportunitiesSupport in preparing application submissions for lenders and other capital providers, and ongoing reporting requirementsEnsure optimized financing and managing financing draws over the development life-cycleRequirementsUndergraduate or graduate degree in Business, Accounting, Finance, or Real Estate1-3 years of experience in the real estate industry, preferably in a role involving the preparation of development pro formas or costing/budgeting for residential land development projectsExcellent financial modelling skillsStrong research, analytical skills and problem-solving skillsAttention to detail