Senior Financial Analyst - Asset Optimization & Development Strategy

City of Vancouver


 

Senior Financial Analyst - Asset Optimization & Development Strategy

Requisition ID: 14755 

Company
The City of Vancouver is striving to become the greenest city in the world, and a city powered entirely by renewable energy before 2050. We are proud to be one of BC's Top Employers, Canada's Best Diversity Employers, and one of Canada's Greenest Employers. With employees that have helped Vancouver consistently rank as one of the world's most livable cities, the City values a diverse workforce which represents the vibrant community we so proudly serve.

Consider joining our committed team of staff and being part of an innovative, inclusive and rewarding workplace.
 
Main Purpose and Function
The Senior Financial Analyst is an integral member to the Long-term Financial Strategy team. 
 
The main functions of this role are:
  • Provide development analytics to optimize use of the City’s real estate assets to achieve corporate priorities in a sustainable way
  • Support development of a transformative business & financial strategy for the City’s real estate portfolio to ensure optimal outcomes, long-term sustainability and portfolio resilience
  • Support development of optimal business & operating models, strategic partnerships, business & financial strategies to implement the City’s Housing Vancouver Strategy and the Vancouver Affordable Housing Endowment Fund
  • Conduct complex business case analyses, valuation and cash modelling, formulate business and financial strategies, and influence high profile and high impact business decisions on priority Council initiatives

Key Contacts and Reporting Relationships
The Senior Financial Analyst reports directly to the Senior Manager, Asset Optimization & Development Strategy.
 
Key contacts include:
  • Internal:  Senior management, peers across the FRS organization, Real Estate & Facilities Management, Business Planning & Project Support, Legal Services, affiliated organizations, and subject matter experts across departments and boards
  • External:  BC Housing, peers from other regional and municipal governments, non-profit organizations, real estate developers, and financial institutions

Specific Duties/Responsibilities
Asset Optimization & Development Strategy:
  • Perform quantitative & qualitative analyses on a variety of optimization initiatives and provide strategic insight as required
  • Extract insight from raw data to support strategic & portfolio accretive investment decisions
  • Interrogate all data & assumptions used in business cases, investment thesis & strategy formulation
  • Build, maintain, develop and project manage the implementation & deployment of portfolio models & integrated dashboards
  • Ensure all relevant KPI & benchmarking frameworks pertaining to the real estate portfolio are tactical & outcome focused
  • Communicate analytical insights & optimization opportunities effectively to senior management & peers
  • Collaborate with various City departments to ensure business model deployment for individual assets aligns with the asset optimization objectives & strategy frameworks

Long-term Financial Planning:
  • Develop, maintain and update the long-term financial model that reflects PEF and VAHEF’s business plans
  • Support the development of the long-term financial strategy for PEF and VAHEF
  • Conduct scenario analysis taking into consideration macro economic and City-specific factors

Other:
  • Other duties/responsibilities as assigned

Minimum Position Requirements
Education and Experience:
  • A post-graduate degree in Finance or Economics, and/or a CA or CFA designation
  • Minimum 10 years’ progressive experience in real estate or asset management
  • Experience in deployment of SOTP, DCF & ABC methodologies; real estate acquisition & business case due diligence (pre-M&A) highly advantageous

Knowledge, Skills and Abilities:
  • Exceptional Excel skills (advanced aggregation modelling (SOTP, ABC), DATA Tables, Goal Seek, Pivot Tables, etc.)
  • Superior analytical skills, a data driven mindset with excellent problem-solving skills
  • Advanced Dashboarding, Data Visualization & Data Extraction experience (SAP, VBA, Cliq Sense, Power BI, QlikView, Tableau etc.) highly advantageous
  • Impeccable track record of converting raw data into optimization strategies
  • Ability to identify issues, gather data and develop solutions
  • Ability to “connect the dots” and understand and apply broad corporate context in individual tasks
  • Critical thinking, ability to analyze complex situations and determine appropriate courses of action where there is little or no precedent
  • Strong sense of accountability, take considerable initiative in leading and completing assignments, and take ownership of challenges to the point of resolution
  • Ability to work independently with high degree of maturity, experience and sophistication
  • Embrace and encourage team work, collaboration and intellectual curiosity
  • Strong verbal and written communication skills, ability to effectively convey complicated analyses to senior management through reports and/or presentations

Business Unit/Department: Finance, Risk & Business Plan (1150) 
Affiliation: Exempt 
Employment Type: Regular Full Time 
Position Start Date: January 2020
 
Application Close: October 29, 2019

At the City of Vancouver, we are committed to recruiting a diverse workforce that represents the community we so proudly serve. We encourage applicants from diverse backgrounds, including Indigenous applicants, all genders, nationalities and persons with disabilities. 

We thank all applicants for their interest. However, only those selected for an interview will be contacted. Learn more about our commitment to diversity and inclusion.  

Apply here

Organization: City of Vancouver
Location: Vancouver, BC
Region: Lower Mainland
Professional Category(s): Financial Administration, Data Analysis
Posted: October 10, 2019, 9:09 am
Expires: October 29, 2019, 11:59 pm

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