Property Valuation Specialist, Centralized Properties (PA5) (2 Positions)

building & property legal & protective services
Location: City of London, ON
Website: http://www.mpac.ca
Type: temporary full-time
Posted On: Mar 7, 2018
Closing Date: Mar 20, 2018
MPAC Recruiting
Posting Date: March 7, 2018
Closing Date: March 20, 2018
 
 
Property Valuation Specialist, Centralized Properties (PA5) – Temporary Assignment up to 18 Months (2)
$72,425 - $85,930 per annum
 
The Municipal Property Assessment Corporation, Centralized Properties branch of the Office of the Chief Assessor, requires two (2) Property Valuation Specialists; with expertise in Hospitality properties, including Hotels, Long-Term Care, Retirement Homes and Golf Courses. Reporting to the Manager, Centralized Properties, the successful individuals will exhibit strong communication and team building skills and experience in determining values for Properties within the Province, maintain current property values, review and respond to formal challenges, such as Request for Reconsiderations and Appeals to properties in an assigned portfolio.  The successful individual must, provide technical support and guidance to MPAC staff, in support of MPAC business.
 
RESPONSIBILITIES:
 
  • Determine values of assigned properties by inspecting, collecting, researching and analyzing data relevant to the valuation process;
  • Be responsible for Reassessment analytics and practice direction on assigned property types;
  • Determine market rates, develop and maintain sales databases;
  • Apply appropriate valuation approach(es) as required by property classification;
  • Maintain current property values by ensuring new construction is assessed, ensuring completion of severances and consolidations, and performing quality checks on final values to ensure equity and/or verify changes required to achieve equity;
  • Communicate with and provides appropriate customer service to taxpayers or their agents;
  • Respond to formal challenges (Request for Reconsideration and Appeals) to properties in an assigned portfolio;
  • Attend Discoveries and pre-hearings;
  • Represent the Corporation, as an expert and assist Case Management and or legal counsel in presenting MPAC’s opinion of value;
  • Provide advice to Valuation and Customer Relations staff on RfRs, appeals and case law. Participate as subject-matter expert in Department and Corporate Committees;
  • Train staff (one-on-one coaching and in-class instruction) on valuation techniques for specific property types, and provide input to the development/update of various training manuals. Draft related work procedures on property specific issues;
  • Review and conduct process controls on values; and
  • Assist Municipal Relations staff in the delivery of formal presentations to external clients (taxpayers and their representatives, municipal and provincial representatives).
  • Formal documentation of Succession Planning;
 
LOCATION:
  • Assessment Office #23, London
 
QUALIFICATIONS:
  • Completion of relevant college or university program;
  • Completion of a professional designation from one of the following accrediting organizations by January 1 2022:
    • Appraisal Institute of Canada:  Accredited Appraiser Canadian Institute (AACI™)
    • International Association of Assessing OfficersCertified Assessment Evaluator (CAE);
    • Institute of Municipal AssessorsMember of the IMA (MIMA);
    • Royal Institute of Chartered Surveyors: Member of RICS (MRICS), Fellow of RICS (FRICS);
  • A minimum of 5 years progressively responsible experience with diverse high profile commercial properties in the valuation discipline of income (e.g. Hospitality property types)
  • Expert knowledge of appraisal techniques and theory on the approaches to value for Hospitality properties including large portfolio clients with multiple property types;
  • Advanced knowledge of assessment-related legislation and regulations, including the Assessment Act, the Municipal Act; knowledge of other statutes impacting on the treatment and valuation of the various property types;
  • Knowledge of and experience in the application of various valuation tools including cost manuals, multiple regression analysis, MPAC policies and procedures;
  • Knowledge of the industry/business processes, the economic, environmental and political forces on the marketplace that impact on the valuation of land, buildings, and tax classifications;
  • Research, analytical and problem-solving skills and experience to undertake comprehensive investigation of valuation issues;
  • Written communication skills and experience in preparing detailed valuation reports, briefing notes and responses to client enquiries;
  • Proficient in the use of corporate and property-specific computer programs;
  • Oral communication and interpersonal skills to liaise with and convey complex valuation concepts and theories to clients, their tax agents/financial/legal representatives, political representatives at the federal, provincial and municipal levels, and to train, coach and advise peers and others in the organization; to present values at various quasi-judicial tribunals and/or Courts in the capacity of expert witness for MPAC; and
  • Organizational skills to manage an assigned portfolio of properties.
 
AREA OF SEARCH: Open
 
To apply, click on this link followed by the “Apply Online” icon once within the job posting. Please use the Applicant Tracking System to create your Candidate Profile, upload your Resume and Cover Letter and apply to the posting by March 20, 2018.  Please note, only applications submitted through the Applicant Tracking System will be accepted.
 
While MPAC thanks all applicants for their interest, only those under consideration will be contacted for interviews.  Please be advised successful incumbent(s) who are not presently permanent MPAC employees may be required to undergo a criminal and drivers abstract check.
 
 
ABOUT US:
 
The Municipal Property Assessment Corporation (MPAC) is an independent, not-for-profit corporation funded by all Ontario municipalities. Our role is to accurately assess and classify all properties in Ontario, and with more than 1,700 employees in offices across the province, our assessors are trained experts in the field of property valuation. At MPAC, we know that maintaining work life balance is the key to fostering employee health, happiness and productivity. We offer generous vacation allowances, a self-funded leave program and flexible work arrangements to help ensure employees’ unique needs are met both at work and at home. For more information visit www.mpac.ca or www.aboutmyproperty.ca.
 
In accordance with the Ontario Human Rights Code, Accessibility for Ontarians with Disabilities Act, 2005, and MPAC's Accessibility Standards for Ontarians with Disabilities Policy, accommodation will be provided in all parts of the hiring process. Applicants need to make their needs known in advance.
 
Job advertisements for positions that have been designated bilingual will be posted in both English and French on our website. Positions that are not designated bilingual are not translated and are only posted in English on the English version of our website.