Manager, Property Acquisitions - Business Valuations

Metrolinx•Toronto, ON

10d•Onsite

About The Position

Metrolinx is connecting communities across the Greater Golden Horseshoe. Metrolinx operates GO Transit and UP Express, as well as the PRESTO fare payment system. We are also building new and improved rapid transit, including GO Expansion, Light Rail Transit routes, and major expansions to Toronto’s subway system, to get people where they need to go, better, faster and easier. Metrolinx is an agency of the Government of Ontario. At Metrolinx, equity, diversity and inclusion are essential to living our values of serving with passion, thinking forward and playing as a team. This role is an in‑office position based at our 10 Bay St location. Our team is highly collaborative, and much of our work benefits from in‑person co‑creation, relationship‑building, and hands‑on partnership with leaders across the organization. CPG’s workforce is made up of driven and dedicated professionals who care deeply about working together to deliver infrastructure and make a positive impact in our communities. Join us as we build a knowledgeable and collaborative team that courageously changes how transit projects will be delivered. Our Property Acquisitions Group within the Capital Projects Group (CPG) is looking for a Manager, Property Acquisitions – Business Valuations to prepare, manage, coordinate and review Business Valuation Reports in connection with the complex real estate acquisitions program being undertaken by Metrolinx.

Requirements

Completion of a degree in Business Administration, Commerce, Accounting, Project Management, Urban Land Economics, or a related discipline – or a combination of education, training and experience deemed equivalent.
Demonstrated experience relating to business valuation including direct interactions with clients.
Strong knowledge and experience interpreting and applying relevant legislation, contracts, and agreements.
Must be highly organized and detail-oriented and possess well-developed project management skills.
Extensive experience leading, prioritizing, and managing numerous project initiatives in a collaborative, fast-paced environment. (e.g., project development, project progress, managing related staff and project resources, monitoring project activities for adherence to timelines, and monitoring project performance results)
Management and leadership skills to manage and motivate departmental staff and lead projects.
Ability to think creatively and provide practical solutions to complex problems.
Adaptable to new processes and continuous improvement.
Excellent interpersonal and oral/written/presentation skills to prepare and deliver clear, concise, professional, comprehensive reports and presentation materials to a variety of audiences including executive management, a Board of Directors, and external stakeholders.

Nice To Haves

Having a Chartered Business Valuator (CBV) designation is an asset.
Experience working for or with a large public sector agency is an asset.
Experience with expropriations or the Expropriations Act is an asset.

Responsibilities

Procures, develops, organizes, reviews, analyses, administers, and approves business valuation due diligence required to support compensation as a result of property acquisition, expropriation, and other Metrolinx activities.
Provides leadership and expertise on the business valuation aspect of property acquisition activities including consideration of the Expropriations Act and other applicable Acts and legislation.
Leads the intake, analysis and negotiation of business loss claims, including direct negotiations with claimants.
Leads the preparation of internal reporting and memos, and provides oversight over the internal approval and payment process to ensure timely resolution to business loss claims.
Leads, prepares and reviews internal forecasting, valuation modeling, risk evaluation and budgeting activities as it relates to business loss quantification.
Conducts industry and market research on trends, valuation multiples for relevant companies and precedent transactions.
Provides expertise on risk mitigation strategies specific to business valuations to ensure compliance with Metrolinx policies and procedures, design and schedule requirements and to manage Metrolinx’ liability throughout the lifecycle of projects as they pertain to property acquisitions for transit projects.
Represents Metrolinx on business valuation related matters and serves as the primary contact to the business valuation industry.
Leads interactions with internal and external stakeholders. (legal counsel and other business valuators)
Maintains high quality-control and apply specialized knowledge to anticipate, identify and address issues or key risks relevant to Metrolinx’ business.
Mentors, motivates and supervises 2-3 employees to progress business valuation tasks.
Undertakes and provide leadership and mentorship to the team on professional development activities focused on current valuation issues, approaches and changes in regulations that impact financial and business valuations.