Manager, Daily Valuation & NAV Accounting

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. 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 and investigate variances. You will review projected results against actual share-price and valuation outcomes, investigate material variances, and work with internal teams and clients to understand the underlying drivers and determine appropriate follow-up actions. Provide technical review, quality oversight, and direct team leadership. You will review the work of team members before deliverables are shared with clients and third parties, while directly managing one analyst initially with potential for team growth. You will assess assumptions, calculations, projections, and variance analysis to ensure the highest standards of quality, accuracy, and technical excellence. Lead client and stakeholder relationships. You will interpret client requests, understand the underlying business need, and determine the appropriate response. You will communicate complex financial and valuation information clearly and coordinate requests across clients, appraisers, internal teams, and other stakeholders. Lead process improvement and modernization. You will evaluate existing workflows, templates, and documentation to identify opportunities for standardization, automation, and improved efficiency. You will help establish scalable processes and best practices for the growing Daily Valuation Services practice. Improve and modernize the practice. You will evaluate existing workflows, templates, documentation, and tools to identify opportunities for standardization, automation, and improved efficiency. You will also explore how emerging technologies, including AI, can help reduce manual work, improve data and reporting processes, and increase the scalability and quality of daily valuation engagements. Build capability across the practice. You will share your expertise, coach and mentor colleagues, and help establish knowledge-sharing practices, tools, and processes that support the continued growth of the Daily Valuation & NAV Accounting practice. Shape the future of the practice. You will contribute to the strategic development of Daily Valuation & NAV Accounting, identifying opportunities to improve the service offering, strengthen client delivery, and support future business growth. Over time, you will become a trusted subject matter expert within the practice and wider Valuation Advisory team. You Bring The accounting and NAV foundation. You bring a strong accounting background and direct experience supporting NAV calculations or NAV reporting. You understand how property performance, debt, valuations, and other financial inputs affect NAV and investment reporting. Experience with daily valuation, real estate fund accounting, valuation advisory, or commercial real estate valuation would be highly relevant. The analytical capability. You are comfortable interpreting complex financial information, assessing assumptions, identifying trends and variances, and using sound judgment to develop projections and recommendations. You bring strong Excel skills, including financial modelling, budgeting, forecasting, and variance analysis. The technical expertise. You have the ability to review and challenge financial analyses, projections, and valuation-related work and ensure that client deliverables meet a high standard of technical quality. Experience with commercial real estate valuation, investment reporting, or financial reporting is an asset. The systems experience. You have worked with accounting or financial systems and can interpret system-generated reports and financial data. Experience with platforms such as Yardi, MRI, JD Edwards, or similar systems would be an asset. You are also curious about emerging technologies and how AI, automation, and other tools can improve existing processes. The engagement leadership skills. You can manage multiple client engagements, deadlines, and priorities at the same time. You are comfortable creating plans, evaluating results, identifying at‑risk deliverables, managing budgets, and communicating proactively when priorities or timelines change. The client and communication skills. You can build effective working relationships with institutional clients, appraisers, colleagues, and stakeholders with different backgrounds and levels of technical expertise. You are comfortable interpreting client requests, explaining complex information clearly, and coordinating work across multiple contributors. The leadership mindset. You are a self‑starter who takes initiative, works independently, and is comfortable operating in an evolving environment where you may need to create structure and determine the best way forward. You are energized by the opportunity to solve problems, establish best practices, improve how work gets done, and help others develop. You bring the confidence to make recommendations, challenge existing approaches, and take ownership of the continued growth of the practice. The credentials. You have a university or college degree in accounting or a related field from an accredited institution. A CPA would be preferred. A certified general state license and/or MAI designation would be an asset, but is not required. Experience supervising, coaching, or mentoring team members is strongly preferred, but formal people‑management experience is not required. What You Can Expect From Our Interview Process A virtual interview with a Talent Advisor to discuss your interest in joining Altus Group and in the role. The conversation will be recorded using BrightHire, an AI-powered video interview tool. More details will be shared when you are invited to interview. A virtual interview with the Regional Lead, US Valuation Advisory, focused on your experience in accounting, commercial real estate valuation, financial analysis, and your interest in supporting the growth of the Daily Valuation & NAV Accounting practice. Additional interviews may be required as part of the selection process, depending on the role and the hiring team's needs. Unlock your Altus Experience! If you’re looking to advance your career in in an industry that is transitioning for greatness, there’s no better place than Altus Group. Our high trust, high performance culture prioritizes progressive programs that empower you to deliver your greatest performance while promoting collective success where everyone is recognized and connected. We offer boundless opportunities in a rapidly growing global business: mentorship from the best and brightest in CRE, access to our Altus Intelligence Academy, and the chance to work with the best data sets, tools and technology in the industry. What Altus Group Offers Rewarding performance: competitive compensation, incentive and bonus plans, and a total rewards package prioritizing mental, physical, and financial well-being. Growth and development: we invest in your professional learning. Our Altus Intelligence Academy offers over 150,000 hours of learning content. Flexible work model: our Activity-Based Work model provides flexibility to align your work location to the needs of the work — use the office for collaboration and remote work for focused tasks. Inclusivity & Accessibility Altus Group is committed to fostering an inclusive work environment where all clients and employees feel welcomed, accepted and valued. We are an Equal Opportunity Employer and do not discriminate against any employee or applicant for employment because of race, color, sex, age, national origin, religion, sexual orientation, gender identity, status as a veteran, and basis of disability or any other federal, state or local protected class. Applicants with disabilities may contact Altus Group to request and arrange for accommodations. If you need accommodation, please contact us at View email address on click.appcast.io or View phone number on click.appcast.io. Use of Artificial Intelligence AI tools may be used to support the initial stages of screening for this role; however, all assessments and final hiring decisions are reviewed and made by an Altus Group hiring professional. Background Checks Please note that as part of our commitment to maintaining a safe and secure workplace, Altus Group may conduct background checks on candidates who receive a conditional offer of employment. These checks may include, but are not limited to, verification of employment history, education credentials, criminal records, credit history (where relevant), and reference checks. The scope and nature of background checks may vary depending on the role, location, and applicable laws. All background checks will be conducted in compliance with local laws and regulations, and candidates will be informed of any checks required as part of the recruitment process. Other Notes / Application Process We appreciate all applicants; however, only those selected to move forward will be contacted. Thank you for your interest in Altus Group. #J-18808-Ljbffr Altus Group