Director of Property and Asset Management

Kingsley Management Inc.

Kitchener, ON

Expired: May 03, 2024 Applications are no longer accepted.

Vision , Medical , Dental , Life Insurance
Other

We are seeking a highly skilled and motivated Director of Property and Asset Management to join our dynamic team. As the Director of Property and Asset Management, you will be responsible for optimizing the performance of our organization's portfolio of assets, ensuring their strategic alignment with business objectives, and maximizing their financial returns. You will assume a leadership/mentoring role with Property Management employees, which will include staff training and development, evaluations, and reinforcement of the corporate culture. The ideal candidate will possess a strong background in property management, financial analysis, risk management, and portfolio optimization.

Responsibilities:

Portfolio Management:

Develop and implement strategies to optimize the performance of the organization's asset portfolio
Conduct thorough financial analysis to evaluate the profitability and risk associated with various assets
Monitor market trends, economic indicators, and industry developments to make informed investment decisions

Operations:

Leadership of property management team
Management of property budgets for Kingsley properties
Review and report on variances to budgets on a monthly basis
Reforecast year-end results as required
Regular site visits to inspect properties
Ensure full and efficient use of software within the department
Ensure effective policies and procedures are implemented for preventative maintenance, insurance risk management and environmental risk management

Risk Management:

Identify potential risks associated with asset investments and develop risk mitigation strategies
Implement risk management policies and procedures to safeguard the organization's assets
Regularly assess and update risk models to ensure alignment with changing market conditions

Financial Modeling:

Utilize financial modeling techniques to analyze and project the financial performance of assets
Conduct scenario analyses to assess the impact of different market conditions on the portfolio
Provide recommendations for adjustments to the portfolio based on financial modeling outcomes

Asset Valuation:

Oversee the valuation process for all assets, ensuring accuracy and compliance with industry standards
Collaborate with appraisers and valuation professionals to determine fair market values
Implement valuation methodologies that align with the organization's objectives

Performance Reporting:

Generate regular reports on the performance of the asset portfolio, highlighting key metrics and trends
Communicate performance results and insights to stakeholders, including senior management and investors
Collaborate with the finance and accounting teams to ensure accurate and timely reporting

Compliance and Regulations:

Stay abreast of relevant industry regulations and compliance requirements
Ensure that asset management practices align with legal and regulatory standards
Collaborate with legal and compliance teams to address any regulatory issues or concerns

Additional Responsibilities:

Perform any additional duties as requested by senior management

Requirements

Education in Finance, Business, Economics, or a related field
Minimum 5 years experience in the Property Management industry.
Proven experience as an Asset Manager or in a similar role within the property management industry
Proven Leadership skills and experience in team development and motivation
Strong analytical skills with a deep understanding of real estate markets and investment strategies
Excellent communication and interpersonal skills, with the ability to present complex information in a clear and concise manner
Proficiency in financial modeling and data analysis tools
Knowledge of relevant legal and regulatory frameworks

Benefits

Competitive salaries reflecting the valuable contributions of our team.
Comprehensive benefit plan - including life insurance, long-term disability, medical, dental and vision coverage.
Employee and Family Assistance Program
On-site perks - free parking, full coffee bar, modern lunchroom, outdoor patio.
Social events and team building activities - opportunities to connect, bond, and recharge