Altus Group

Manager, Daily Valuation, NAV Accounting

Altus Group

full-time

Posted on:

Location Type: Hybrid

Location: Chicago • Colorado • Illinois • United States

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Salary

💰 $125,000 - $150,000 per year

About the role

  • Review each client’s quarterly financial statements and oversee the import of this data into our accounting system and supplemental Excel templates.
  • Project each component of net investment income for the upcoming quarter.
  • For example, using historical property net operating income and the appraiser’s income projections to estimate net operating income for the quarter.
  • Interest expense is projected using each client’s’ debt schedule.
  • Coordinate with the appraisers, daily value committee, and other market participants to determine the initial appreciation projection.
  • Oversee the collection of draft, revised and final appraised values to adjust the projection as the quarter progresses.
  • Coordinate with the client and the appraisers to re-value properties for material events such as new leases, bankruptcies, and market events, etc.
  • Project the net asset value change and share price for the quarter and update as new data becomes available.
  • Review variances with our daily valuation committee and with each client when the actual share price is published.
  • Interpret client requests and communicate/delegate requests to the team.
  • Manage multiple projects/engagements to ensure delivery on time and on budget.
  • Review all work by staff before sending to clients or third-parties; Coach and mentor staff.
  • Deliver the highest quality of service and technical excellence.

Requirements

  • A university or college degree in accounting from an accredited institution.
  • Relevant accounting and valuation experience in commercial real estate.
  • CPA and/or MAI credentials a plus.
  • Strong analytical and problem-solving skills.
  • The ability to interpret complex financial data and make recommendations.
  • Strong Excel proficiency: financial modeling, budgeting, and variance analysis, ideally in commercial real estate.
  • Proficiency in Yardi, MRI, JD Edwards or similar accounting system.
  • Self-starter and a team player, and the ability to communicate with colleagues and clients with various backgrounds.
  • Supervisory experience.
  • Strong project management skills: managing deadlines, creating plans and evaluating results, communicating at-risk tasks.
  • Experience with client deliverable life cycle and proven record of successful management of client deliverables.
Benefits
  • 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.
Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard Skills & Tools
financial modelingbudgetingvariance analysisaccountingvaluationnet investment income projectionnet asset value change projectionappraisaldebt schedule analysiscommercial real estate
Soft Skills
analytical skillsproblem-solving skillscommunicationteam playersupervisory experienceproject managementtime managementcoachingmentoringclient relationship management
Certifications
CPAMAI