Apply now »

Job Title:  Officer, Real Estate Transactions

Location: 

Ottawa, ON, CA

Other Location(s): 
Employment Type:  Full-Time
Language Requirements:  English Essential
Job ID:  158731
Job Details: 

Job Requisition Id: 158731   
Business Function: Property and Asset Management   
Primary City: Ottawa  
Other Location(s):  
Province: Ontario  
Employment Type: Full-Time  
Employment Status: Term  
Language Requirement: English Essential  
Employee Class and Level: UPCET02  
Number of Vacancies: 1   
Job Closing Date (MM/DD/YYYY): 02/14/2023
 

All qualified candidates will be considered however preference will be given to Indigenous people (First Nations, Metis or Inuit) or persons with a disability. This is a special measure employment equity initiative and candidates from this group who wish to qualify for preferential consideration must self-identify.

 


 

Job Description

Under the leadership of the Manager, Real Estate Transactions and in an outsourced environment, provides support and specialist advice in all aspects of Real Estate related activities for both leased and owned properties including acquisitions and dispositions and liaises with Real Estate functional groups including budget planning, forecasting and variance analysis.

Job Responsibilities

  • Communicates with the Service Provider (SP) on corporate requirements and priorities regarding real estate transaction activities and processes. Provides updates to SP on changes to transactions policies, practices and priorities.

 

  • Advises SP, internal and external resources on the practices and roles of property management/lease administration with regard to leased facilities and tenants in corporate facilities. Provides information, advice and interpretation services regarding leasing acquisition and disposition activities, contracts, industry practice and general real estate issues to functional groups

 

  • Monitors upcoming new locations, renewals, location changes/closures and oversee SP timely completion of renewals to ensure deadlines are met. Ensures lease contract renewals are executed in a timely fashion to minimize risk or added expense to the Corporation.

 

  • Provides support in the selling of surplus owned facilities and the subleasing of surplus owned (Lettings) and leased facilities based on market value to minimize costs and maximize revenue including the execution of competitive commercial leasing and letting practices, conditions and trends.

 

  • Reviews, approves and confirms deals/contracts negotiated by SP are within market and in line with corporate approval and policies, obtaining additional approvals where negotiated contract terms are outside pre-approved limits. In conjunction with the SP reviews and prepares documentation of offers to lease, leases, lease extensions, renewals, amendments and real estate related initiatives that may arise.

Job Responsibilities (continued)

  • Consults with Risk Management, Legal Affairs, Tax Services, Government Relations, property managers and outside service providers to protect the Corporation’s interests. Communicates with landlords, tenants, brokers or other governmental authorities for any issue outside SP scope.

 

  • Assists Facilities Management and Project Delivery teams when they seek clarification on construction and repair responsibilities in the lease. Contributes transactions expertise as a team member in real estate projects such as relocations, new builds, leases and process developments.

 

  • Reviews and recommends monthly occupancy costs/payments as processed by SP lease administration and finance teams. Validates rental and ad-hoc payments. Works with corporate finance to satisfy IFRS classification and reporting requirements.

 

  • Provides input and support in the development and implementation of strategic plans, policies, guidelines, standards, procedures and processes covering all aspects of real estate activities. Ensures standard documents, specifications, proposals, leases and other contracts utilized are up to date, effective, consistent, market competitive and in keeping with private sector best methods and practices.

 

  • Reviews or prepares market analysis in support of the development of business cases and ad hoc evaluations of real estate alternatives and initiatives being planned or considered.

 

  • Assists in the development and implementation of marketing plans by the SP to maximize rental revenues and realize maximum sale price in the disposition of surplus facilities. Provides support in the renting out of vacant surplus space and disposal of surplus corporate facilities. Reviews or conducts cost benefit and business case analysis to calculate payback on capital investment required to complete a tenant letting.

 

  • Performs other related duties, including support with the budget planning process.

 

Qualifications

Education

  • University degree in related field

 

Experience

  • A minimum of 3 – 5 years’ experience in negotiating, preparing and administering commercial real estate lease documentation

 

Other Candidate Requirements

  • Understanding of commercial real estate development types such as new builds, expansions and respective landlord/tenant responsibilities
  • Knowledge of commercial ease administration, budgeting, variance analysis and cost/rent reconciliation
  • Strong written and verbal communication skills
  • Process driven with excellent attention to detail
  • Strong commercial real estate documentation skills
  • Excellent organizational and prioritization skills with the ability to manage concurrent projects and meet deadlines
  • Ability to think and act strategically and understand economic, market and real estate conditions
  • Proven experience using Microsoft Office products (word, excel and power point)
  • Basic understanding of SAP is considered an asset
  • Exceptional client/stakeholder service skills

 

 

Other Information

  • An eligibility list will be established following the competition for a twelve (12) month period.
  • 18 month temporary assignment with possibility of extension or permanency

Knowledge:

  • Knowledge of commercial real estate contracts transaction types such as Leases, Offers to Lease and Purchase and Sale Agreements
  • Knowledge of commercial real estate development types such as enclosed mall, plaza, freestanding, multi-use and land leases along with respective landlord/tenant responsibilities including construction related matters Knowledge of lease administration, budgeting, forecasting, variance analysis and cost/rent reconciliation
  • Knowledge of commercial lease administration, budgeting, forecasting, variance analysis and cost/rent reconciliation 
  • Knowledge of commercial real estate industry best practices
  • Knowledge of leasehold obligations to assist stakeholders in interpretation matters Knowledge of Microsoft Office products such as word, excel and power point

 

Skills, Abilities and Personal Suitability:

 

  • Ability to communicate effectively and professionally to provide support and direction to Service Provider

 

 

Safety Sensitive Positions
This position may be considered a Safety Sensitive position.

 

Employment Equity

Canada Post will represent Canada’s diversity and provide a safe and welcoming workplace that embraces and celebrates our differences. We are committed to employment equity and encourage applications from women, Indigenous People, persons with disabilities and visible minorities.

Disability is defined as a persistent or episodic physical, sensory, or mental health condition and/or functional limitation. Disability includes both visible and hidden conditions and/or limitations that may impact vision, hearing, mobility, flexibility, dexterity, pain, learning, developmental, mental/psychological, and memory.

 

Conflict of Interest
The Conflict of Interest Policy prohibits employees from hiring, supervising or reporting to, directly or indirectly via the reporting hierarchy, their immediate family or close personal relations. Should you feel that you may be in an actual or potential Conflict of Interest in regard to this job opportunity, you must communicate with the designated Human Resources representative.

 

Accommodation

Canada Post is committed to providing an inclusive and barrier-free work environment, starting with the hiring process. If you are contacted by Canada Post regarding a job opportunity, please advise if you have any restrictions that need to be accommodated.  All information received in relation to accommodation will be kept confidential.

 

Important Message
Your application must clearly demonstrate how you meet the requirements as Canada Post cannot make assumptions about your education and experience. We thank all those who apply. Only those selected for further consideration will be contacted.

 

Leadership Behaviours
Decision Making 
– A champion of the organization who takes calculated risks and makes prudent, common sense decisions about current issues, future opportunities and resource requirements in a timely, well thought out manner, that aligns with the corporation's best interests.
Accountability – An individual who strives for performance excellence and who holds themselves and direct reports accountable for decisions and actions and for learning from mistakes when intended results are not achieved.
Business Orientation – A proactive individual who understands the competitive nature of the business, and is committed to sustaining the business through excellent customer service and new business opportunities.
Execution – A focused and self-motivated individual who acts with a sense of urgency and delivers on time and within budget, by dealing effectively with challenges and ambiguous situations.
Leading People – A compelling communicator and leader who engages, motivates and inspires others to achieve results and who encourages personal growth and finding better ways of doing things.

 

Our Values

We value diversity as an essential part of who we are as a company, how we operate and how we see our future. We believe that attracting, developing, and retaining people who reflect the diversity of Canada is essential to our success because this matters to all communities and customers we serve. 

Canada Post’s corporate values reflect the principles, beliefs and aspirations that guide our behaviour and shape our culture.

Safety – We are committed to a safe and healthy environment for all our stakeholders.
Customer – We serve Canadians with pride and passion.
Respect – We treat each other with fairness and respect.
Integrity – We act responsibly and with integrity.
Transformation – We will innovate and transform to win in the marketplace.

Employment Type:  Full-Time


Job Segment: Real Estate, Corporate Finance, Risk Management, Realtor, Public Policy, Sales, Finance, Government

Apply now »