Manager, Daily Valuation & NAV Accounting

Altus Group • Chicago, IL

1d • 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.
• Strong Excel skills, including financial modeling, budgeting, forecasting, and variance analysis.
• Ability to review and challenge financial analyses, projections, and valuation-related work.
• 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.
• Comfort creating plans, evaluating results, identifying at-risk deliverables, managing budgets, and communicating proactively about changes.
• Ability to build effective working relationships with clients, appraisers, colleagues, and stakeholders.
• Comfort interpreting client requests, explaining complex information clearly, and coordinating work across multiple contributors.
• Self-starter who takes initiative and works independently.
• Comfort operating in an evolving environment where structure may need to be created.
• Confidence to make recommendations, challenge existing approaches, and take ownership.
• University or college degree in accounting or a related field from an accredited institution.

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.
• Experience supervising, coaching, or mentoring team members is strongly preferred.

Responsibilities

• Lead daily valuation and NAV calculations, overseeing the review of financial information, property values, debt positions, equity calculations, and working capital adjustments.
• Lead the projection of net investment income and changes in property values, ensuring accuracy and appropriate reflection in share-price reporting.
• Own multiple daily valuation engagements, managing timelines, priorities, budgets, deliverables, and client expectations.
• Ensure engagements are delivered accurately, on time, and in accordance with client requirements, proactively identifying and resolving risks and issues.
• Coordinate with appraisers, clients, internal valuation teams, and other stakeholders to incorporate updated property valuations throughout the quarter.
• Oversee the analysis of material events and determine their impact on valuation and NAV calculations.
• Review projected results against actual outcomes, investigate material variances, and determine appropriate follow-up actions.
• Review the work of team members before client deliverables, ensuring high standards of quality, accuracy, and technical excellence.
• Directly manage one analyst initially with potential for team growth.
• Interpret client requests, understand business needs, and communicate complex financial and valuation information clearly.
• 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.
• Explore how emerging technologies, including AI, can improve processes and increase scalability and quality.
• Share expertise, coach and mentor colleagues, and help establish knowledge-sharing practices.
• Contribute to the strategic development of Daily Valuation & NAV Accounting, identifying opportunities for improvement and growth.

Benefits

• Competitive compensation
• Incentive and bonus plans
• Total rewards package prioritizing mental, physical, and financial well-being
• Investment in professional learning through Altus Intelligence Academy (over 150,000 hours of learning content)
• Flexible work model (Activity-Based Work model)

What This Job Offers

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