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Allied Properties Real Estate Investment Trust

Owns and operates urban coworking spaces

Senior Valuation Accountant

Appraisal & ValuationPosted on Nov 10
Full-timeToronto, ON, Canada

About the Job

Requirements

  • A bachelor's degree in real estate, Finance, Accounting, Economics, Commerce or a related discipline.
  • Approximately 2 to 4 years of relevant commercial real estate valuations experience.
  • Hands-on ARGUS Enterprise and discounted cash flow (DCF) experience, strong Excel modelling skills, and an understanding of commercial leases and recoveries.
  • Basic knowledge of IAS 40 and IFRS 13.
  • Strong analytical skills and sound valuation judgment.
  • High attention to detail and disciplined documentation.
  • Ability to identify and investigate inconsistencies in property and valuation data.
  • Ability to manage multiple property valuations within quarterly reporting deadlines.
  • Ability to explain and support valuation conclusions in clear, practical language.
  • Willingness to challenge unsupported assumptions and seek guidance on material valuation matters.

Responsibilities

  • Independently prepare discounted cash flow valuations of income-producing investment properties and properties under development.
  • Review and update rent rolls, leasing activity, operating budgets, capital forecasts and development costs used in valuation models, assessing their impact on property values.
  • Investigate and explain material quarter-over-quarter fair value movements, identifying the principal property-specific and market drivers.
  • Maintain organized market evidence and supporting documentation for significant valuation assumptions.
  • For externally valued properties, reconcile internal valuation conclusions against external appraisals, investigate differences in values and underlying assumptions, document the rationale for concluded fair values, and escalate material or unresolved differences to the Manager, Valuations.
  • Assist the Manager, Valuations in preparing quarterly valuation summaries, supporting schedules and analysis for senior management and the Valuation Committee.
  • Reconcile source information, including rent rolls, executed leasing information, capital commitments and operating budgets, to valuation models.
  • Maintain model version control, supporting files and a clear audit trail.
  • Support responses to external auditor and external appraiser questions and track the resolution of review comments.

Desired Qualifications

  • Strong preference for AIC Candidate Member status and active progress toward AACI.

About the Company

Allied Properties Real Estate Investment Trust

Owns and operates urban coworking spaces

Allied Properties Real Estate Investment Trust owns and operates distinctive urban workspaces in Canada’s major cities. Its spaces are designed for knowledge-based organizations and focus on sustainability, human wellness, creativity, connectivity, and diversity. The company acts as a long-term owner-operator of office properties, delivering well-designed, amenity-rich environments in urban locations to attract tenants. Unlike landlords who rarely manage day-to-day operations, Allied focuses on owning, developing, and actively managing high-quality workplaces. The goal is to provide productive, healthy work environments that support tenant success and generate value for investors and stakeholders.

Company size
201-500
Company stage
IPO
Headquarters
Toronto, Canada
Founded
2002

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