Manager, Daily Valuation & NAV Accounting

Compensation Range:

$120,000 - $150,000

Compensation Disclaimer:
The salary range listed reflects the base pay for this role at Altus Group and is provided where required by local regulations. Actual offers may differ based on experience, market conditions, and other relevant factors. The range does not include additional compensation such as bonuses, equity, benefits, or other incentives.

Who we need

Reporting to the Regional Lead, US Valuation Advisory, we are hiring a Manager, Daily Valuation & NAV Accounting to lead and grow our daily valuation services practice. As our new Manager, you will oversee client engagements and work with institutional real estate clients, appraisers, valuation teams, and internal stakeholders to support daily NAV calculations and share-price reporting layered on top of quarterly real estate valuation processes.

You will lead the projection of net investment income and changes in property values, coordinate valuation updates throughout the quarter, oversee material event analysis, investigate variances, and ensure accurate, timely client deliverables. You will also provide technical oversight to the team, review work before it is delivered to clients, and help shape the processes, tools, and capabilities needed to scale this growing service offering.

This is a specialized leadership opportunity at the intersection of commercial real estate valuation, accounting, financial analysis, and analytics. You will have the opportunity to take ownership of an evolving practice, build structure where needed, and become a recognized subject matter expert within the Daily Valuation & NAV Accounting practice and broader Valuation Advisory team.

This role is open to candidates anywhere in the United States, preferably Chicago.

What’s in it for you

Lead a growing and specialized practice. You will play a key role in developing a growing daily valuation services practice at the intersection of commercial real estate valuation, accounting, NAV reporting, and financial analytics. As demand for more frequent valuation and reporting continues to grow, you will help shape the capabilities and processes that support this evolving area of the business.
Own and influence how the work gets done. You will have the autonomy to evaluate existing processes, establish best practices, improve workflows, and introduce more scalable ways of working. This is an opportunity to take an evolving service offering and help build the structure, tools, and approaches needed for its continued growth.

Work with sophisticated clients and high-profile portfolios. You will work with institutional real estate clients and collaborate with appraisers, internal valuation teams, and senior stakeholders. You will gain exposure to complex real estate portfolios and help deliver high-quality, highly visible work to leading organizations in the industry.

Grow as a technical leader. You will have the opportunity to deepen your expertise in daily valuation, NAV accounting, commercial real estate, and financial analytics while sharing your knowledge and helping build the capabilities and knowledge base around this specialized practice. As the service line grows, you will have the opportunity to expand your leadership responsibilities and influence within the wider Valuation Advisory practice.

As our new Manager, Daily Valuation & NAV Accounting, you will:

• Lead daily valuation and NAV calculations. You will oversee the review of financial information, property values, debt positions, equity calculations, and working capital adjustments used to support daily NAV reporting. You will lead the projection of net investment income and changes in property values, ensuring the underlying assumptions and calculations are accurate, well supported, and appropriately reflected in share-price reporting.
• Own client engagements and deliverables. You will take ownership of multiple daily valuation engagements, managing timelines, priorities, budgets, deliverables, and client expectations. You will ensure engagements are delivered accurately, on time, and in accordance with client requirements while proactively identifying risks and resolving issues.
• Lead valuation updates and material event analysis. You will coordinate with appraisers, clients, internal valuation teams, and other stakeholders to collect and incorporate updated property valuations throughout the quarter. You will oversee the analysis of material events, such as new leases, bankruptcies, and significant market or property developments, and determine how relevant changes should be reflected in valuation and NAV calculations.
• Analyze results