Senior Manager, Valuations
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Job Summary
About Allied
Allied is a leading owner-operator of distinctive urban workspace in Canadas major cities. Our work is grounded in a clear purpose: to provide knowledge-based organizations with distinctive urban environments that support creativityconnectivityand human wellness.
Our vision is more expansive. Weseekto make a continuous contribution to cities and culture that elevates and inspires the humanity in all of informs how weoperate how wedesignand how welead.
Real estate for usis not a passive investment. Itis a profoundly human endeavourone that must promote wellness sustainabilitydiversityand creativitytoday and for generations to come.
Allied is also a place to build a career of consequence. If you are looking for work that is thoughtfultangibleand enduringwork that contributes meaningfully to cities and the people who inhabit themyou will find purpose here.
For more information onAlliedsapproach to city-building visit ourInsightspage.
Purpose
Drive valuation excellence portfolio insight and financial performance across Allieds national platform through rigorous analysis process leadership and strong stakeholder collaboration. As Senior Manager Valuations you will lead the endtoend valuation function translating assetlevel and corporate objectives into accurate timely and strategically aligned valuation outputs that support decisionmaking capital planning and longterm 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.
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 Allieds 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.
Qualifications
Must have:
- 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.
Would be an asset:
- Property Accounting experience.
- Experience with Yardi Voyager 7S
Allieddeterminesindividual compensationby work location and other factors including relevant experienceeducationand internal equity.
Note: The listed salary range does not reflect total compensation and rewards. We encourage all qualified candidates to apply.
This role is a current vacancy on the Allied team.
TotalRewards*andtheEmployee Experience
At Allied total rewards are designed with the same perspective that shapes ouroperations. They are intended to support sustained contributioncreativityand a genuine sense of ownership in the work we do.
In practice this includes:
Shared financial success and an ownership mindset
Eligible employees participate in performance-based bonus programs and a retirement savings program with the option to invest in traditional funds or Allied units. This approach aligns individual effort with Allieds long-term performance and reinforces a sense of ownership at every level of the organization.
Intentional presence and time off
In addition to vacation employees receive six personal days and half-daysbefore statutory holidays. Allied supports flexibility whilemaintaininga strongin-personculture. This reflectshow we collaborate most effectively and how weoperateas a business.
Healthwellbeingand support
Comprehensive company-paidhealth benefits include vision and dental coverage along with a healthcare spending account. An employeeassistanceprogram is available to provide confidential support when it is needed.
Growth through leadership and exposure
Allied believes in leadership at every level. Employees are encouraged to contribute beyond the boundaries of their role collaborate acrossdisciplinesand develop a broad understanding of the business. For those drawn to real estate this includes uncommon exposure to how buildings organizations and cities evolve through hands-on experience and shared responsibility.
Professional development grounded in practice
Learning at Allied is both formal and experiential. Ongoing professional development and a mentorship program support growth through structured learning and day-to-day engagement with experienced colleagues across the organization.
Purpose and connection beyond work
Each year employees are provided with a paid volunteer day to contribute time and effort to a cause that is personally meaningful to themreflecting our belief that contribution extends beyond the workplace.
If you are motivated by the role real estate plays in shaping cities and cultureand want your work to contribute to that effortwe encourage you to apply.
Moreinsight into life at Allied including ourESG and EDIinitiatives canbe found inourannual ESG report.
*Temporary or contract roles may not qualify for all the benefits listed and some roles may follow a modified total rewards will confirmwhat benefits you qualify for during the recruitment process.
Additional Information
We value human connection and experience. WhileAllied uses technology including AI-enabled tools to support administrative efficiency all screening assessment and hiring decisions are made by people.
We arecommitted to hiring the most qualified candidates with a dedication towards supporting diversityequityand inclusion across our organization. All qualified applicants will receive consideration for employment without regard to gender ethnicity origin sexual orientationdisabilityand socioeconomic background. Diverse perspectives strengthen our organization and help us deliver better outcomes for our tenantspartnersand communities. All qualified candidates are encouraged to apply.
We strive to provide an accessible recruitment experience and welcomereasonableaccommodation requests at any stage of therecruitmentprocess. Please reach out toemailprotectedif support is needed.
We look forward to receiving your application.
Required Experience:
Senior Manager
About Company
Allied Properties REIT is a leading owner and developer of urban office space that enhances profitability for business tenants operating in Canada.
