Senior Manager, Valuations

Allied • Toronto, ON

2d • CA$110,000 - CA$140,000

About The Position

Allied is a leading owner-operator of distinctive urban workspace in Canada’s major cities. Our work is grounded in a clear purpose: to provide knowledge-based organizations with distinctive urban environments that support creativity, connectivity and human wellness. Our vision is more expansive. We seek to make a continuous contribution to cities and culture that elevates and inspires the humanity in all of us. This vision informs how we operate, how we design and how we lead. Real estate, for us, is not a passive investment. It is a profoundly human endeavour, one that must promote wellness, sustainability, diversity and creativity—today and for generations to come. Allied is also a place to build a career of consequence. If you are looking for work that is thoughtful, tangible and enduring—work that contributes meaningfully to cities and the people who inhabit them—you will find purpose here.

Drive valuation excellence, portfolio insight, and financial performance across Allied’s national platform through rigorous analysis, process leadership, and strong stakeholder collaboration. As Senior Manager, Valuations, you will lead the end‑to‑end valuation function, translating asset‑level and corporate objectives into accurate, timely, and strategically aligned valuation outputs that support decision‑making, capital planning, and long‑term asset value creation. Reporting to the Associate Director, you will oversee valuation modelling, manage relationships with external auditors and appraisers, and work closely with internal partners across Finance, Asset Management, Development, and Operations to ensure alignment between valuation assumptions, asset strategies, and organizational priorities.

Requirements

• AACI designation (Accredited Appraiser Canadian Institute) required.
• 6+ years of progressive experience in real estate valuation/appraisal, preferably within a REIT, institutional owner, or valuation firm.
• Strong understanding of IFRS fair value accounting and real estate valuation methodologies.
• Experience with Argus Enterprise.
• Demonstrated ability to manage complex valuation assignments and collaborate across teams.
• Strong analytical, organizational and communication skills.
• An assertive self-starter with the ability to work independently or under minimum supervision.
• Experience interacting with auditors, external appraisers and cross-functional stakeholders.

Nice To Haves

• Property Accounting experience.
• Experience with Yardi Voyager 7S

Responsibilities

• Manage the IFRS valuation process, including coordinating quarterly deliverables, monitoring timelines and ensuring key requirements are completed.
• Lead and manage the relationships with external auditors, third-party appraisers and internal stakeholders throughout the valuation and reporting process.
• Own and maintain all property valuation models, ensuring data inputs and assumptions are accurate, complete and consistent.
• Enhance and evolve Allied’s internal appraisal process by providing subject matter expertise and identifying opportunities for continuous improvement.
• Prepare and review valuation-related schedules, analyses, journal entries and quarterly disclosures for financial reporting and audit purposes.
• Collaborate cross-functionally with Leasing, Development, Data Integrity, Lease Administration and Accounting teams to gather and validate valuation inputs and supporting documentation.
• Lead valuation update meetings and support the resolution of valuation-related issues, audit requests, and information requirements.
• Review valuation models, testing, and assumptions prepared internally and by external appraisers to ensure reasonability, accuracy, and alignment with market data and approved business assumptions.
• Analyze valuation assumptions including vacancy rates, credit loss, structural reserves, leasing assumptions and capitalization rates using market data, internal benchmarks and professional judgement.
• Prepare and review variance analysis for significant changes in property values and key portfolio trends.
• Ensure supporting documentation, controls and process documentation are maintained in accordance with internal policies and audit requirements.
• Support analysis related to development proformas, highest and best use assessments and valuation methodology changes.
• Act as a critical thinker and collaborative partner across teams, contributing to process improvements, problem-solving and strategic discussions.
• Lead and support the team in researching market trends, sale and lease transactions and their impact on the valuation of the portfolio.
• Participate in special projects and perform other duties as assigned.

Benefits

• performance-based bonus programs
• retirement savings program
• vacation
• six personal days
• half-days before statutory holidays
• Comprehensive, company-paid health benefits
• vision and dental coverage
• healthcare spending account
• employee assistance program
• paid volunteer day

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Education Level: No Education Listed