Requisition ID: 186278
Career Group: Corporate Office Careers
Job Category: Finance Capital & Real Estate
Travel Requirements: 0 - 10%
Job Type: Full-Time

Country: Canada (CA)
Province: Alberta; Nova Scotia; Ontario
City: Calgary, Mississauga, Stellarton
Location: Calgary Office, King St. Office, Tahoe Office

Embark on a rewarding career with Sobeys Inc., celebrated among Canada's Top 100 employers, where your talents contribute to our commitment to excellence and community impact.

Our family of 128,000 employees and franchise affiliates share a collective passion for delivering exceptional shopping experiences and amazing food to all our customers. Our mission is to nurture the things that make life better - great experiences, families, communities, and our employees. We are a family nurturing families.

A proudly Canadian company, we started in a small town in Nova Scotia but we are now in communities of all sizes across this great country. With over 1,600 stores in all 10 provinces, you may know us as Sobeys, Safeway, IGA, Foodland, FreshCo, Thrifty Foods, Lawtons Drug Stores or another of our great banners but we are all one extended family.

Ready to Make an impact?

Sobeys is full of exciting opportunities and we are always looking for bright new talent to join our team! We currently have an exciting opportunity for a Senior Financial Analyst in the Real Estate Finance team.

In this role, you will provide financial analysis (modeling) and decision support to the Manager and Director of Finance and Managers, Directors, and VPs of various departments, including review of complex real estate transactions.

This is a high-volume desk, with opportunities to build relationships with Directors and VPs!

Here's where you'll be focusing:

• Comprehensive reporting, budgeting, & forecasting of Other Income from Real Estate activities for Sobeys and Empire, including Capital Gains, Real Estate Operations, Equity Earnings, Other Income transactions, and backstage costs.
• Monthly reporting and analysis of Real Estate Income and backstage costs.
• Develop a multi-year projection for Real Estate Income using supplied inputs as well as analyzing upcoming initiatives.
• Provide assurance of the financial systems integrity, efficiency and integration utilized for Real Estate reporting and analysis.
• Provide value added insight to the preparation and distribution of Real Estate & Construction reporting and KPI's.
• Prepare ad hoc financial analysis, modeling, and business cases for real estate projects & transactions, read & interpret Income Statements, relay findings to stakeholders, and share insights to drive improvements.
• Collaborate with Real Estate Development, FP&A, and Accounting to prepare Proforma Models for potential Real Estate projects.
• Participate in analyzing and planning strategic initiatives undertaken by Sobeys/Empire in partnership with Crombie REIT or other landlords/developers.
• Coordination/sharing of transaction information with other finance teams to ensure accurate recognition/reporting of results.
• Annual impairment testing cycle for investment properties.
• Active pursuit of continuous improvement opportunities.
• Build relationships with stakeholders, attend meetings, ask questions.

What you have to offer:

• A minimum of 5 years related work experience.
• University degree in accounting, finance or similar

• MBA and/or Professional designation or working towards one (CPA, CA, CGA, CMA, CFA) is an asset
• Ability to use multiple computerized systems including SAP, S4 Hana (CFIN), Longview, and other ad-hoc systems.
• Proficient knowledge of Microsoft Office, specifically Excel and Powerpoint.
• Ability to use multiple computerized systems to compile useful information.
• Strong accounting knowledge, including revenue recognition, IFRS 16, equity accounting, complex transactions, impairments, investment property, and ability to read & interpret financial statements.
• Excellent communication skills (both Oral and Written) with the ability to communicate with Directors and VPs.
• Able to work in a team environment as well as independently.
• Strong analytical, financial interpretation, and modeling skills.
• Business partnering.

#LI-Hybrid
#LI-AG1

At Sobeys we require our teammates to have the ability to adhere to a hybrid work model that requires your presence at one of our office locations at least three days per week. This requirement is integral to our commitment to team collaboration and the overall success of our office culture.

We offer a comprehensive Total Rewards package, which varies by role and designed to help our teammates to live better - physically, financially and emotionally.

Some websites share our job opportunities and may provide salary estimates without our knowledge. These estimates are based on similar jobs and postings for general comparison, but these numbers are not provided by our organization nor monitored for accuracy.

We will consider factors such as your working location, work experience and skills as well as internal equity, and market conditions to ensure the selected candidate is paid fairly and competitively. We look forward to discussing the specific compensation details relevant to this role with candidates who are selected to move forward in the recruitment process.

Our Total Rewards programs, for full-time teammates, goes well beyond your paycheque:

• Competitive Benefits Package, tailored to meet your needs, including health and dental coverage, life, short- and long-term disability insurance.
• Access to Virtual Health Care Platform and Employee and Family Assistance Program.
• A Retirement and Savings Plan that provides you with the opportunity to build and add value to your savings.
• A 10% in-store discount at our participating banners and access to a wide range of other discount programs, making your purchases more affordable.
• Learning and Development Resources to fuel your professional growth.
• Parental leave top-up
• Paid Vacation and Days-off

We are committed to accommodating applicants with disabilities throughout the hiring process and will work with applicants requesting accommodation at any stage of this process.