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.