Real Estate Analyst


Vancouver, BC, CA, V6B 0M3

Req ID:  41734
Jobs by Category:  People & Culture, Finance and Corporate Affairs
Job Function:  Finance
Status:  Full Time
Schedule:  Regular



Join our team and what we’ll accomplish together


TELUS is continuing its growth through the strategic development of real estate assets throughout Canada. We take great pride in building, owning and operating best-in-class, award-winning buildings.


The Real Estate Development team manages the strategic real estate requirements for a national portfolio of significant buildings across the country. This team is seeking a business savvy and driven individual who has a passion for real estate, financial analysis and teamwork.


The Real Estate Analyst will be key player in driving our exceptional results.


Here’s the impact you’ll make and what we’ll accomplish together


Step into a world where each day presents a new challenge that will ignite your passion for real estate, financial analysis and teamwork. At TELUS, you will be a strategic advisor, guiding internal teams and stakeholders towards success. You will assist in implementing innovative solutions and commit to operational excellence to help drive our initiatives forward. If you're ready to dive into a collaborative environment with a team dedicated to excellence, this is your chance to make a real difference.


Reporting to the Senior Strategy Manager within our Development team, the Real Estate Analyst will be responsible for a broad range of financial analysis work across our real estate development projects. You will develop, interpret and implement financial models to evaluate all types of development and redevelopment projects, including development pro formas & cash flow models, investment analyses and other types of financial analyses required for decision-making purposes.


What you’ll do


  • Prepare and manage proformas/financial models to assess project performance of all property and development types
  • Collaborate and coordinate across the business with the required groups and stakeholders to ensure accuracy of the information being provided in financial models and financial reporting and be able to evaluate options to improve project return
  • Support the Real Estate finance team by taking on responsibility for data and financial analysis – e.g. cash flow and scenario analysis, ad hoc financial and capital structure analysis
  • Perform market research to determine a project’s economics and to verify key assumptions
  • Assist with acquisition due diligence, including review of contracts, preparing budgets, gathering the consultants
  • Prepare economic summaries for TELUS’ income-producing assets, which includes updating rent rolls and operating cost/recoveries analysis
  • Assist with the regular reporting requirements of the real estate development portfolio by continuously tracking cash flow forecasts and future project pipeline
  • Assist in securing third-party project financing as required
  • Perform regular ad hoc analysis as required by TELUS’ executive team
  • Summarize and present findings and recommendations succinctly to management





What you bring:


  • A minimum of three years' experience in a related role
  • A Business, Finance or Real Estate degree
  • A CPA, CA or CFA designation (an asset)
  • Advanced knowledge of real estate development project underwriting
  • Advanced Excel skills; the ability to build complex cash flow models and manipulate data with an understanding of investment return metrics
  • Experience with a high-rise developer or construction lender (an asset)
  • Superb attention to detail
  • Exceptional organizational skills; ability to multitask
  • Excellent communication and people skills
  • The ability to work well under pressure with tight deadlines
  • An ease in candid discussions with senior leaders; the ability to present and defend your individual point of view concisely



Salary Range:  $73,000-$109,000
Performance Bonus or Sales Incentive Plan:  12%

Actual total compensation will be determined based on factors such as knowledge, skills, performance and experience. In addition, TELUS offers rewarding benefits, which may vary per job function, such as:

  • Comprehensive total rewards package highlighting competitive salary and bonus structures, minimum 3 weeks of vacation, and flexible benefits plan to meet the needs of you and your family
  • Flexibility to work in-office, virtually or a combination of both
  • Generous company matched pension and share purchase programs
  • Opportunity to give back to communities in which we work, live and serve
  • Career growth and learning & development opportunities to develop your skills
  • And much more …

A bit about us

We’re a people-focused, customer-first, purpose-driven team who works together every day to innovate and do good. We improve lives through our technology solutions and foster a culture of innovation that empowers team members to solve complex problems and create remarkable human outcomes in a digital world. 

You’ll find our engaging, high-performance culture personally fulfilling, professionally challenging, and financially rewarding. We’re committed to diversity and equitable access to employment opportunities based on ability. Your unique contributions and talents will be valued and respected here. When you join our team, you’re helping us make the future friendly.

Note for Quebec candidates: if knowledge of English is required for this position, it is because the team member will be asked, on a regular basis, to interact in English with external or internal parties or to use English applications or software as part of their tasks.





People & Culture, Finance and Corporate Affairs

Across People & Culture, Finance and Corporate Affairs, we are the diverse and talented team responsible for making sure TELUS is managed as a world-leading organization. ​

We are honoured to be recognized

2023 engagement score

Team members worldwide

# of years voted One of Canada’s Best Corporate Citizens


TELUS is proud to foster an inclusive culture that embraces diversity. We are committed to fair employment practices and all qualified applicants will receive consideration for employment.

We offer accommodation for applicants with disabilities, as required, during the recruitment process.