At Development Victoria, we're passionate about making Victoria a great place to be.
We create vibrant places across our state, through diverse and strategic property development and urban renewal projects.
As the Victorian Government's development arm, we revitalise iconic public buildings, create important community, creative and sporting facilities and repurpose public land, for all Victorians.
We also build great homes and communities where people and businesses can thrive, catering for different budgets, lifestyles, and people - designed to be sustainable and affordable.
Job Description Your New Role Reporting directly to the Senior Manager, Investment Strategy, you will play a key role in supporting the strategic development and implementation of commercial models that facilitate investment and project delivery at Development Victoria.
You will provide data driven commercial advice to guide decision making across the organisation, contributing to the delivery of places that make a genuine difference to the people of Victoria.
Core Responsibilities: Partner with the business to execute investment strategies, from origination through to value-add repositioning of existing assets.
Strategy recommendation to be appropriately supported by data and evidence, based on an assessment of project risk, return and policy objectives.
Support the preparation of investment proposals, to deliver an acceptable investment outcome before being considered by the Development Victoria Investment Committee and Board.
Own financial feasibility models, including the integrity and commerciality of all inputs.
Produce and critically analyse options and sensitivity analysis.
Present feasibilities, key assumptions and financial analysis to key senior internal stakeholders.
Develop and maintain a standardised financial model that can be applied to prospective acquisitions across various asset classes.
Take carriage of macro level research that will form the basis of financial forecasting and assumptions that will be applied uniformly for the portfolio of investments.
Support managing funding, finance, tax and legal strategies and models for new investments, financial models, risk management initiatives, programs, asset management systems and reporting mechanisms.
Identify and implement ongoing improvements to these models and systems.
Work closely with the Finance and Operations Groups for the ongoing facilities, tenancy, and funding management of property investments.
Build and maintain relationships with key stakeholders through proactive and collaborative approaches.
Desired Skills and Experience About You Tertiary degree or higher qualification in property, finance, accounting, or valuation.
Either CA / CPA / CFA essential.
Expertise in the preparation and analysis of financial feasibility modelling, budgeting and tight cost monitoring to achieve commercial outcomes.
Strong stakeholder management experience, with the ability to manage competing priorities and stakeholder expectations.
Experience driving or delivering process improvements to ensure financial integrity and the analysis of complex strategic matters can be undertaken efficiently.
Ability to effectively manage and synthesise large quantities of data for business presentations and use in financial modelling.
Estate Master experience viewed favourably.
Able to consider commercial viability and risks of potential decisions and outcomes.
Has a keen interest and knowledge of emerging trends in the Victorian property market.
Possesses the ability to translate knowledge, market analysis and insights into complex financial and commercial models and can justify assumptions to a broad audience.
Can communicate effectively on commercial and financial outcomes to non-financial stakeholders.
Employee Benefits We drive strong collaboration and support our teams to work virtually and flexibly.
Study support Opportunity to participate in cross functional working groups that drive diversity and inclusion and sustainability initiatives.
Novated leasing Purchase leave Paid parental leave Technology salary sacrifice Health & Wellbeing initiatives such as EAP and mental health and wellbeing leave Access to group life & group salary continuance insurance Modern onsite facilities Application Process Please apply via our careers page linked to this advertisement, applications will not be accepted via email.
Please note: The preferred candidate will be required to complete a national police record check prior to an offer of employment being made.
At Development Victoria, we work flexibly and value diversity, and we invite you to talk to us about any preferences or adjustments you may value or require to either our recruitment process or the role itself.
If you identify as a person with disability, please let us know how we can provide additional support to your application.
Application Deadline: Please submit your application by 3 November 2024.
Applications received after this date may not be considered.
We respectfully request no agency approaches.
We will not be responsible for any fees related to unsolicited resumes being sent to anyone here in our business.
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