PROJECT MANAGER CS

City of Toronto • Toronto, ON

2d • CA$105,241 - CA$146,191 • Onsite

About The Position

The City of Toronto's Corporate Real Estate Management (CREM) Division is responsible for the operational day-to-day stewardship and planning of the City's real estate assets. Real Estate Services is responsible for property management and the coordination of real estate transactions for the City’s 5,600 properties, worth approximately $17 billion. Services include property acquisition and expropriation, policy and appraisal, leasing, and portfolio management. The Real Estate Services section manages the City’s real estate portfolio and focused on enabling city-building and supporting City of Toronto programs. Reporting to the Manager, Real Estate Services Unit, you'll play a critical role and be responsible for supporting a team of real estate professionals as they work on various assignments and initiatives which incorporate the City's vast and varied real estate portfolio. You will represent the Division at Community Councils and Committees, as well as meetings with diverse community groups, elected officials, managers and senior staff in other areas. Your work will involve guiding and ensuring strong business and working relationships with assigned client groups, as appropriate, on all their real estate needs. While working on key strategic planning, policy development, capital planning and financial analysis related to the City's real estate holdings, you'll be expected to provide expertise around team/consensus-building, problem-solving and managing multiple stakeholders' interests in a fast-paced environment, to support the City-Wide Real Estate model. If this describes what you are looking for, then consider this an excellent opportunity where you can make your mark as a Project Manager.

Requirements

• Post-secondary education in a relevant field such as Business, Real Estate Asset Management, Accounting / Finance, Planning, Development/ Engineering, Real Estate and/or Land Economics, or an equivalent combination of education and experience.
• Considerable experience negotiating complex real estate agreements.
• Considerable experience with financial and accounting concepts such as Discounted Cash Flow (DCF), Net Present Value (NPV) and Internal Rate of Return (IRR), to understand real estate analysis and build or review financial models.
• Considerable project management experience, including managing the project lifecycle from inception to completion (definition of project purpose and objective, project activities, milestones and deliverables, monitoring and tracking progress, communication to stakeholders), for complex large-scale projects.
• Experience leading multi-disciplinary project teams with an emphasis on training and support.

Nice To Haves

• A PMP designation is considered an asset.
• An Accounting or Financial designation such as CFA and/or CBV, with real estate experience, or postgraduate studies in Real Estate, is preferred.

Responsibilities

• Effectively manage projects and lead the project team and consultants, monitoring work output, and taking corrective action when needed.
• Prepare detailed and clear project work plans and critical path schedules, develop, prepare and monitor schedules, and maintain accurate development and budget records on assigned projects.
• Inspect and supervise work in progress carried out by real estate and divisional staff to ensure that it's being executed in accordance with relevant legislation and relevant guidelines.
• Provide estimating services for real estate initiatives, including establishing project budgets from minimal information at the feasibility stage, and ensure that client groups and the City receive the best value for their financial outlay.
• Work with and guide a team of real estate professionals in the research, analysis, examination and evaluation of information and City policy applicable to major real estate initiatives and numerous projects.
• Build strong business/working relationships with assigned clients, understanding their business needs to advise them appropriately on all real estate matters touching their Projects.
• Consult, liaise and negotiate confidently with staff of City Agencies, Boards, Commissions and Divisions, community groups, other government bodies, and the private sector to achieve City goals and objectives.
• Support in the preparation of specifications and tender documents, and prepare detailed, timely reports to Committees of Council, backed up by Briefing Notes for senior management, and present on same, as needed.
• Ensure that City interests are met in dealing with consultants, contractors and suppliers.
• Leverage strong understanding of real estate development, land use planning and business planning issues, incorporating technical, policy and/or intergovernmental aspects.
• Maintain an awareness of current trends, practices and directions in real estate development and public-private partnerships, and establish and maintain a portfolio of information to support management information systems.
• Conduct appropriate research, analysis, examination and evaluation of all information applicable to the strategic planning of the City's real estate portfolio.
• Negotiate complex agreements through multi-faceted real estate transactions.
• Undertake planning, real estate, economic and financial analysis to support solid decision-making.
• Prepare business cases for implementing the Unit's mandate, including site analysis (highest and best use of properties), financial analysis (cost-benefit, payback and net present value analyses), and strategic assessments.
• Partner with Legal, Planning, Property Management, Facilities Management, Finance, Construction, and other internal teams, as well as external consultants, contractors, municipal authorities, and other stakeholders, to support all phases of real estate development projects and real estate transactions.
• Coordinate with Property Management and Facilities Management teams to ensure the efficient operation, maintenance, and enhancement of real estate assets; address operational and tenant-related matters; manage landlord communications and relationships where the City is a tenant; support capital improvement initiatives; and facilitate the seamless transition of projects from development and construction to ongoing property operations while maintaining compliance, service excellence, and long-term asset performance.

Benefits

• The City is an equal opportunity employer, dedicated to creating a workplace culture of inclusiveness that reflects the diverse residents that we serve.
• The City of Toronto is committed to creating an accessible and inclusive organization.
• We are committed to providing barrier-free and accessible employment practices in compliance with the Accessibility for Ontarians with Disabilities Act (AODA).
• Should you require Code-protected accommodation through any stage of the recruitment process, please make them known when contacted and we will work with you to meet your needs.
• Disability-related accommodation during the application process is available upon request.

What This Job Offers

• Job Type: Full-time
• Career Level: Manager
• Education Level: Associate degree