Asset Manager

at  Deveraux Group of Companies

Why Deveraux
The Deveraux Group of Companies is a leader in property development and management. The Deveraux Group consists of three primary companies, including Deveraux Asset Management, Deveraux Apartment Communities, and Deveraux Developments. The Deveraux Group prides itself on its vertical integration and capacity to offer end-to-end multi-family investment opportunities. The model of build, own, operate, and optimize enables Deveraux to offer best-in-class properties and services that enrich the lifestyle of its residents, while providing competitive and sustainable returns to its investors. The Deveraux team takes pride in being recognized as one of Canada’s Best Managed Companies and shares a collective commitment to growth, advancement, and employee engagement.
The Deveraux Group of Companies offers an engaging and gratifying work environment that operates at a swift pace and demands exceptional performance. Deveraux’s success and growth over the last decade has elevated it as one of the preeminent leaders in multi-family housing development in Western Canada. If you are a results-oriented individual searching for a challenging and career-advancing opportunity, this position will not only deliver that, but much more.
The Opportunity
Deveraux Apartment Communities is actively seeking an Asset Manager to join our growing and evolving team. This role will be critical to the organization, driving to optimize asset/property performance, while strategically guiding and managing revenue. Reporting to the VP Leasing and Administration and collaborating to the Director of the same division, the successful candidate will inform practices across Deveraux’s portfolio.
This is a newly created role within Deveraux and provides a motivated and initiative-driven self-starter an opportunity to demonstrate great impact, both by way of procedure, but also financial growth. Responsibilities will range from market analysis and reporting to revenue management, overseeing Deveraux’s competitive position within each jurisdiction. Beyond revenue generation, this role will also bridge to operational management and success, helping guide site-based teams with operational expense management and practices.

What we offer…

• Competitive compensation package
• Comprehensive benefits including life, long-term disability, and extended medical, dental, and vision coverage
• Competitive Registered retirement savings plan (RRSP) matching and Deveraux-funded deferred profit-sharing Plan (DPSP)
• Personal days and other competitive leave practices
• Transparent and rewarding environment committed to your professional growth with bi-annual reviews, bespoke professional development plans, and continuous mentorship

What you bring…

• Strong analytical skills
• Highly skilled in math and finance
• Excellent communication skills
• Strong time-management skills
• Detail oriented and highly organized
• Excellent critical thinking skills
• Working knowledge of business and data intelligence software
• Proficient in Microsoft Excel and Yardi (preferred)
• Travel may be required on occasion
• Bachelor’s degree in finance, accounting, economics, business administration or related field (MBA preferred)
• Several years’ of progressive experience in asset management or related field preferred

You will…

• Conduct market analysis and help to advance each property’s profile in the marketplace
• Collaborate in establishing financial performance objectives for each property and market
• Audit, analyze, and improve financial activities (reducing expenses while optimizing rent)
• Monitor and manage operational performance through budget to actual comparison activities
• Conduct regular property evaluations, market analysis, and risk assessments to identify opportunities for value enhancement and risk mitigation
• Develop and implement strategic asset management plans to optimize the performance of Deveraux’s portfolio
• Identify cost-saving initiatives and revenue enhancement strategies to maximize profitability
• Analyze leases and rental rates; monitor overall leasing status and strategies
• Implement lease administration protocols to enforce lease terms, minimize vacancies and ensure compliance with regulatory requirements
• Collaborate with Facilities department to develop and oversee capital improvement planning and budgeting to enhance asset value
• Prepare financial performance and operational activity reports, along with forecasts
• Study market trends to maximize profits
• Prepare comprehensive reports, presentations, and performance analyses for internal and external stakeholders
• Contribute to team and organizational objectives by accomplishing related tasks as needed

Comment

Please refer the Job description for details