Business Analyst
Ottawa, Ontario
Purpose :
The Business Analyst is responsible for assisting with preparing financial analysis for new acquisitions and existing communities under development.
The successful candidate will work with cross-functional groups to learn and understand various disciplines within residential real estate development.
Key Responsibilities and Accountabilities :
- Assist in the preparation of financial models, forecasts, and budgeting for ongoing projects and new developments. Conduct variance analysis and provide insights to support financial decision-making;
- Complete project pro forma financial summaries to support land use approvals and sales launch approvals;
- Conduct research and analysis on market trends, competitor activities, and economic factors impacting the residential development industry;
- Prepare regular reports and presentations summarizing key findings, trends, and recommendations for senior management and stakeholders;
- Support long-term business planning by updating and continuously improving the pipeline of sales, closings and backlog;
- Compiles detailed information about existing agreements for sold housing units and proposed selling prices for unsold units to support revenue forecasting;
- Make informed business decisions using market and historical data to support;
- Supports other departments to ensure the appropriate management analysis is generated;
- Prepares ad hoc analysis as needed on various aspects of the business including sales data, market information, land transactions;
- Ad hoc financial analysis;
- Monitor financial performance, project timelines, and identify risks and opportunities for active and upcoming projects in the pipeline;
- Participate in quarterly and annual budget process;
- Other duties within the scope, spirit and purpose of the job, as requested by management;
Specialized Skills, Knowledge and Abilities :
- Bachelor's degree in Commerce, Business Administration, Economics, or a related field.
- 3-5 years of experience in a similar analytical role within the real estate development, construction, or homebuilding industry.
- Proficiency in data analysis tools such as Excel, SQL, and Power BI.
- Excellent analytical skills with the ability to interpret complex data sets and generate actionable insights.
- Understanding of real estate finance, with experience in financial modeling and budgeting.
- Effective communication skills with the ability to present findings and recommendations clearly and concisely.
- Detail-oriented with a strong commitment to accuracy and quality of work.
- Proactive and self-motivated team player with the ability to work independently and collaboratively in a fast-paced environment.
- Knowledge of Ontario's residential construction industry and familiarity with local market dynamics is preferred.
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