Market Analyst

This role will support the Acquisitions, Development, and Procurement functions in the Ottawa Region. They will be responsible for obtaining and reporting on market data for Purpose-built Rental and For Sale development projects, analyzing cost and revenue trends, identifying cost saving opportunities, and providing support in the underwriting of new development opportunities. The successful candidate will report directly to our Development Manager and, in conjunction with the above responsibilities, support them in the day-to-day pre-construction execution of our projects in development.

KEY RESPONSIBILITIES

Market Analysis:

• Conduct monthly reviews of active and under construction multi-family and free hold projects in the Ottawa region and provide strategic recommendations to leadership based on analysis of market trends and competitive positioning.
• Lead the development and maintenance of information repositories for revenues (rent rates, for sale prices) and land transactions, ensuring that data is used to inform high-level decision-making across the company.
• Present comprehensive market insights to senior leadership, recommending actions that align with corporate strategies and long-term goals.

Cost Analysis:

• Advise the Development Manager and senior leadership on the implications of project forecast budgets, providing analytical support for decision-making regarding future investments.
• Oversee the creation of a repository for all direct and indirect project costs, ensuring it is utilized in financial modeling and high-level project forecasting.
• Analyze and forecast material and labor costs across product types, using findings to inform procurement strategies and budget planning.
• Monitor and advise on commodity pricing trends, reporting on their potential impact on construction and development costs, and making strategic recommendations to mitigate cost volatility.

Acquisition Support:

• Work with the Development Manager to draft and distribute underwriting models for various acquisition targets, providing analytical insights that guide the acquisition strategy for the Ottawa region.
• Lead the development of acquisition packages, presenting data-driven recommendations and justifications for potential acquisitions to regional and corporate leadership.

Development Management Support:

• Facilitate and coordinate high-level meetings with consultants for projects in development, ensuring that decisions made align with corporate goals and project timelines.
• Represent the organization at community engagement events for new development projects, serving as a key spokesperson to address concerns and communicate the value of projects.
• Provide strategic and administrative support to the Development Manager during the pre-construction cycle, ensuring that all stages of development are aligned with financial and operational objectives.

QUALIFICATIONS

• An undergraduate degree in Accounting, Finance, Economics, Mathematics, Data Analytics, or Civil Engineering.
• A graduate degree in any of the above fields is considered an asset but is not required.
• A professional designation such as a CA, CFA, or P.Eng is considered an asset but is not required.
• One to two years of post-graduation professional work in an office environment.

SKILLS

• Excellent written and verbal communication skills.
• Understanding of general financial metrics such as NPV, IRR, ROE, and so on.
• Strongly skilled in Microsoft Previous experience in building complex Financial Models is considered an asset.
• Skilled and proficient with the balance of the Microsoft Office suite of software.

CHARACTERISTICS

• Resilient, ambitious, demonstrates a desire to win. They are deeply committed to excellence, taking pride in delivering high-quality work. Their dedication means they prioritize doing things right, even if it takes extra time, because they understand the value of producing work that meets high standards.
• They’re committed to the purpose and driven by the impact of their work, rather than seeking external recognition. They understand that this role extends beyond a typical 40-hour week, and while it’s not eligible for overtime, they are fully invested in contributing the necessary time. They see this as an opportunity to grow their career, knowing that their dedication opens up many potential career pathways within the organization. They recognize that work-life balance is about flexibility and finding harmony between personal and professional priorities, understanding that the balance may shift depending on the demands of each at any given time.
• This person was either an entrepreneur or held a part-time job while they were in school.
• Is excited by the prospect of joining a well-funded real estate development start-up. They see the growth potential and believe they can play a significant part in helping to grow the company.

WORK EXPERIENCE

EDUCATION

LICENSES & CERTIFICATIONS