Analyst, Airport & Commercial Real Estate

The Greater Toronto Airports Authority (GTAA) is a unique and dynamic place to work, with a bold plan to make Toronto Pearson, Canada’s leading global hub airport, a global leader in airport performance, customer care and sustainability. Together with our partners, approximately 2,100 GTAA employees are working to create a next‑generation airport by innovating in all we do and striving for the most uplifting, safe and efficient experience for our passengers – all while championing the prosperity of our people, the community we call home, and our aviation partners.

Join us on our journey together, as we put the joy back into travel and make Toronto Pearson the chosen place to fly and work.

As a GTAA employee, you’ll have access to amazing benefits, including retirement planning, comprehensive group health benefits, an employee assistance program (EAP), paid leave, education and training, as well as recognition and rewards programs.

Reporting to the Associate Director, Real Estate Development & Leasing, you will support the optimization and performance of a diverse real estate and airport property portfolio. You will be responsible for delivering comprehensive financial reporting, analysis, planning, budgeting, and strategic recommendations to support all Real Estate functions. This includes monthly/quarterly reporting, financial modeling, variance analysis, market research, portfolio analytics, and supporting senior leadership presentations.

• Complete monthly/quarterly reporting, including financial, operational, leasing, KPIs, and sustainability data.
• Gather, analyze, and interpret financial information from Finance systems and data warehouses.
• Prepare and maintain monthly budget/forecast‑to‑actual reconciliations and analyze variances.
• Develop financial models in Argus Enterprise and Microsoft Excel to evaluate scenarios and support Real Estate strategies.
• Generate and disseminate financial system reports to Real Estate and Property Management.
• Conduct economic, market, and industry research for aviation, hospitality, industrial, office and retail sectors.
• Develop dashboards, KPIs, and presentations for internal and external audiences.
• Act as the principal liaison with Finance on revenue streams, billing, and accounts receivable.
• Support underwriting of lease deals and property valuation analysis.
• Assist with projects requiring financial evaluation (redevelopment, re‑leasing, capital improvements, etc.).
• Support annual and multi‑year budgeting, forecasting, and business planning.
• Monitor leasehold improvements, rent deferrals, incentives, landlord maintenance obligations and capital investments.
• Conduct tenant risk assessments, covenant analysis, and market rent studies.
• Build relationships with brokers, appraisers, leasing teams, and internal departments.
• Recommend and support portfolio optimization initiatives and data process improvements.

This unionized position is classified at the Band 6 level, with an hourly wage range of $47.28, based on a 37.5 hour work week. As part of the recruitment process, you will be required to complete a test.

• 2+ years of analytical experience in the real estate sector (operator, investor, service provider).
• Experience in financial modeling, including Argus Enterprise and Excel.
• Knowledge of commercial real estate, leasing, valuation, and property management practices.
• Strong analytical, strategic thinking, and quantitative skills.
• Strong written and verbal communication abilities.
• Knowledge of the Canadian real estate market across various asset classes.
• Ability to work independently or as part of a team.
• Valid driver’s license.
• Undergraduate degree in Business, Economics, Finance or Real Estate, or an equivalent combination of education and experience. CFA designation or working towards CFA is preferred.
• Ability to obtain and retain Transportation Security Clearance.

• Financial modeling, scenario analysis, and forecasting expertise.
• Ability to interpret lease terms, financial implications, and compliance requirements.
• Strong organizational skills and attention to detail.
• Ability to analyze financial, operational, and statistical information.
• Proficiency with MS Office (Excel, PowerPoint, Word).
• Understanding of commercial agreements (taxation, deposits, insurance, facility requirements).
• Ability to build strong relationships with stakeholders and work cross‑functionally.

The GTAA is committed to Employment Equity and maintaining a diverse, equitable and inclusive workplace where everyone can thrive.