Assistant Vice President – Retail Property Management

Location:

6677 Meadowvale Town Centre Circle, Mississauga, Ontario, L5N 2R5

Office Location: Mississauga, Ontario

Hybrid Model: 4 days in office

Position Overview

The South-West Ontario Retail AVP, Property Management is a self-starter, a strategic thinker and has a great service-oriented attitude that will continue to encourage constant improvement of services and performance.  

Responsibilities

• Provide strategic leadership and direction to the Property Management team, establishing priorities and performance expectations aligned with organizational objectives.
• Lead, develop and empower Directors and senior leaders, fostering a high-performing, accountable and collaborative team.
• Establish and execute the operational strategy for the assigned portfolio, ensuring alignment with Asset Management objectives and broader business priorities.
• Develop an understanding of the risk and broader implications of cost of capital on the portfolio and the greater impacts of the portfolio’s business plans on the overall organization.
• Collaborate with and guide key partners on strategies for increasing revenues and reducing operating expenses through demonstrated expertise in budget and capital planning, building operations and leasing support.
• Review, approve and recommend financial corrective measures for plus/minus variances for operating expenses to align with budget assumptions. 
• Review and approve portfolio AFDA on a quarterly basis for presentation to VP.
• Review and approve corrective measures for quarterly recovery adjustments to reduce variance on prebills.
• Approve portfolio operating standards by Property.
• Assure completion of capital projects on budget and in meeting timelines.
• Ensure business plans are implemented and adjusted to meet broad commitments and long-term directions.
• Influence the direction of business decisions and obtain approvals for recommendations involving risk.
• Serve as a senior operational partner to Asset Management, Leasing and other business leaders, influencing decisions that support portfolio performance and strategic objectives. Demonstrate effective leadership to deliver best-in-class standards of customer service, maintenance and property operations.
• Build and maintain strong relationships with key tenants, co-owners, third-party partners and senior stakeholders to advance business priorities. Manage third-party FMO agreement(s) to ensure SLAs and KPIs are achieved for the portfolio.
• Manage the performance of all direct reports through regular feedback, ensuring timely achievement of department goals within prescribed policies, procedures and standard business practices.
• Prepare and deliver presentations, speeches and reports to senior leaders, demonstrating a high degree of professionalism.

Qualifications

• Undergraduate or graduate degree in business or other related field is beneficial.
• Minimum of twelve (12) years progressive experience in Retail Property Management. Experience in retail shopping centres is required, but experience in other asset classes is also beneficial.
• Minimum of seven (7) years people leadership experience. The ideal candidate will have successfully managed a large team, including demonstrated success leading managers or senior leaders. Advanced understanding of property financial performance, capital planning, asset management principles and real estate operations.
• Demonstrated working knowledge of building operating systems in order to apply critical analysis of proposed capital work.
• Demonstrated knowledge of all relevant environmental and related regulatory requirements.
• Proven ability to establish strategic priorities, influence senior stakeholders and lead complex, cross-functional initiatives.
• Strong ability to build relationships at all levels within the organization as well as with other stakeholders.
• Well-developed problem solving, influencing and negotiation skills to manage and resolve issues effectively within a sophisticated environment.
• Highly developed oral and written communication skills. Solid skills in making presentations and facilitating meetings.

 About Choice Properties

Choice Properties Real Estate Investment Trust is an owner, manager and developer of well-located retail and commercial real estate across Canada. Choice Properties' portfolio spans approximately 65 million square feet of gross leasable area and consists of over 700 properties primarily focused on supermarket-anchored shopping centers.

Choice Properties’ strategy is to create value by enhancing and optimizing its portfolio through high quality transactions, strategic development and active property management. We mainly focus on necessity-based retail, and high-quality industrial and mixed-use assets. In particular, we have a strategic relationship with Loblaw, our largest tenant, that provides us with access to high quality investment opportunities.

Our established operating platform with a proven track record of success also provides us with access to a transformational development pipeline that we believe supports superior long-term value creation and growth. A commitment to continuous learning and development is a strong part of our culture.

Additional Information:

Choice Properties REIT recognizes Canada's diversity as a source of national pride and strength. We have made it a priority to reflect our nation’s evolving diversity in the people we hire, and the culture we create in our organization. Accommodation is available upon request for applicants and employees with disabilities.

In addition, we believe that compliance with laws is about doing the right thing.  Upholding the law is part of our Code of Conduct – it reinforces what our customers and stakeholders expect of us.

Number of Openings:

1

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Hiring Range / Échelle salariale à l’embauche :$195,904.00 - $245,904.00 / 195.904,00$ - 245.904,00$ (per year / par an)A candidate’s experience and knowledge as well as the geographical region in which the position is located may be factored into the pay a candidate receives for this position. This posting is for a newly created position. The Company uses artificial intelligence for the purpose of screening, assessing and/or selecting applicants for this position. / L’expérience et les connaissances d’un candidat ainsi que la région géographique dans laquelle le poste est situé peuvent être prises en compte dans la rémunération qu’un candidat reçoit pour ce poste. Cette offre d’emploi concerne un poste nouvellement créé. L’entreprise utilise l’intelligence artificielle dans le but de filtrer, d’évaluer et/ou de sélectionner les candidats à ce poste.