Manager, Daily Valuation & NAV Accounting

Altus Group • Chicago, IL

2d • $120,000 - $150,000 • Remote

About The Position

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.

Requirements

• Strong accounting background and direct experience supporting NAV calculations or NAV reporting.
• Understanding of how property performance, debt, valuations, and other financial inputs affect NAV and investment reporting.
• Comfort interpreting complex financial information, assessing assumptions, identifying trends and variances, and using sound judgment to develop projections and recommendations.
• Strong Excel skills, including financial modelling, budgeting, forecasting, and variance analysis.
• 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 accounting or financial systems and ability to interpret system-generated reports and financial data.
• Ability to manage multiple client engagements, deadlines, and priorities at the same time.
• Comfort creating plans, evaluating results, identifying at-risk deliverables, managing budgets, and communicating proactively when priorities or timelines change.
• Ability to build effective working relationships with institutional clients, appraisers, colleagues, and stakeholders with different backgrounds and levels of technical expertise.
• Comfort interpreting client requests, explaining complex information clearly, and coordinating work across multiple contributors.
• 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.
• Energized by the opportunity to solve problems, establish best practices, improve how work gets done, and help others develop.
• Confidence to make recommendations, challenge existing approaches, and take ownership of the continued growth of the practice.
• University or college degree in accounting or a related field from an accredited institution.
• Experience supervising, coaching, or mentoring team members is strongly preferred.

Nice To Haves

• Experience with daily valuation, real estate fund accounting, valuation advisory, or commercial real estate valuation.
• Experience with commercial real estate valuation, investment reporting, or financial reporting.
• Experience with platforms such as Yardi, MRI, JD Edwards, or similar systems.
• Curiosity about emerging technologies and how AI, automation, and other tools can improve existing processes.
• CPA preferred.
• Certified general state license and/or MAI designation would be an asset, but is not required.
• Formal people-management experience is not required.

Responsibilities

• Lead daily valuation and NAV calculations, overseeing the review of financial information, property values, debt positions, equity calculations, and working capital adjustments used to support daily NAV reporting.
• 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 multiple daily valuation engagements, managing timelines, priorities, budgets, deliverables, and client expectations, ensuring engagements are delivered accurately, on time, and in accordance with client requirements while proactively identifying risks and resolving issues.
• Coordinate with appraisers, clients, internal valuation teams, and other stakeholders to collect and incorporate updated property valuations throughout the quarter.
• 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.
• 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, reviewing the work of team members before deliverables are shared with clients and third parties, and directly managing one analyst initially with potential for team growth.
• Assess assumptions, calculations, projections, and variance analysis to ensure the highest standards of quality, accuracy, and technical excellence.
• Interpret client requests, understand the underlying business need, and determine the appropriate response.
• Communicate complex financial and valuation information clearly and coordinate requests across clients, appraisers, internal teams, and other stakeholders.
• Evaluate existing workflows, templates, and documentation to identify opportunities for standardization, automation, and improved efficiency.
• Help establish scalable processes and best practices for the growing Daily Valuation Services practice.
• Evaluate existing workflows, templates, documentation, and tools to identify opportunities for standardization, automation, and improved efficiency.
• 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.
• Share 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.
• 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.
• Become a trusted subject matter expert within the practice and wider Valuation Advisory team.

Benefits

• Competitive compensation
• Incentive and bonus plans
• Total rewards package prioritizing mental, physical, and financial well-being
• Access to our Altus Intelligence Academy with over 150,000 hours of learning content
• Flexible work model (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)

What This Job Offers

• Job Type: Full-time
• Career Level: Manager