Remote Property Valuation Jobs (NOW HIRING)

Compensation Range:

$60,000 - $90,000

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.

Job Summary:

Altus Group's US Valuation Advisory team is currently looking for a Consultant for our daily valuation, NAV accounting, and analytics practice. Our clients produce quarterly market-value financial statements using property valuations produced by Altus Group and other third-party appraisers. The growth of 401(k) and similar pension plans has created a need for daily share prices. This is not debit and credit accounting, but a much more interesting role.

Large stabilized real estate portfolios produce consistent net investment income due to long-term leases and long-term, fixed-rate debt. Our services included: projecting the income for the upcoming quarter and estimate real estate appreciation (or depreciation) based on draft, revised, and final valuations during the quarterly appraisal process; calculating a daily share price based on these estimates, and true-up after quarter-end; and working with our clients to identify material events such as new leases or bankruptcies, coordinate the value change with the appraisers and revise the share price.

Key Responsibilities:

• 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 andcommunicate/delegaterequests 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.

Key Qualifications:

• 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.

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.

Weoffer 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, pleasecontactusataccessibilityusa@altusgroup.com or +1 888 692 7487.

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.