Principal

At AustralianSuper, we truly care about our colleagues.​ We know work and life are intertwined. That’s why we support the diverse needs of everyone and have policies that enable us all to thrive and be truly flexible.  We ensure diversity is celebrated for the opportunity it provides us all to learn and grow and deliver better outcomes for members. We are dedicated to building a high-performance environment underpinned by a strong risk culture, ensuring we deliver the best outcomes for our members.

Your New Role 

The role of Principal, Valuations (Property) is a senior leadership position within Valuations & Portfolio Reporting in the Finance domain. Reporting to Head of Valuations & Portfolio Reporting, as a Principal in the Valuation team you will play a role in fulfilling key the Valuation team’s strategy and evolving the Valuation team’s responsibilities as they primarily relate to the Fund’s Property Investments globally.

 

Key duties include but are not limited to:

• Ensure that the Fund’s investment assets are valued in accordance with the process for valuations per the Fund’s Valuation Policy.

• Supplement the Valuation Process with appropriate processes, systems and documentation to ensure it meets the expectations of key stakeholders including regulators and the external auditors.

• Oversee the process to appoint external valuers; optimise the process, costing and challenge the assumptions and outputs.

• Active involvement with the Asset Class teams to understand valuation assumptions, inputs and ensure an independent view and challenge.

• Managing the delivery of papers to the Valuation Committee, Finance and Audit Committee (FAC) and the Board with review and approval from Head of Valuations & Portfolio Reporting.

• Assess, build and manage the team to ensure we have the right capability to deliver on the agreed outcomes.

• Develop and manage team members globally to foster a positive team environment that is centered on continued improvement. Motivate and inspire the team by demonstrating commitment to the Fund’s values, decision pillars and leadership principles. 

• Hire and develop a high performing, diverse and engaged team who will support the successful delivery of the Fund’s strategic ambitions, and are innovative, resilient and equipped to deal with ambiguity. 

• Drive a strong service and excellence-oriented culture with accompanying KPIs, within the team and with suppliers and partners. 

• Contribute both functional expertise and broader leadership and business management ideas, skills, and experience as part of cross-Fund initiatives. 

• Lead implementation of AI driven tools and automation within valuation workflows. Drive operational adoption across the team.

• Contribute to the Fund’s Valuation function globally and capability, including developing systems, controls and processes required to support the rapidly growing fund and increasing size and complexity of investment assets.

• Contribute to the on-going improvement of the Fund’s Valuation Policy, Standard and other governance guidelines. 

What You’ll Need   

• 15+ years’ experience in property valuations across multiple sectors, working within a property consulting firm, a boutique valuation firm or an institutional/corporate investing organisation. 

• Strong technical property valuation skills across broad industry segments including experience with the preparation of reports, analysis of information and drawing of conclusions. 

• Self-starter comfortable working in a team where project management of multiple tasks is required. 

• Experience managing projects with a number of stakeholders and service providers.

• Advanced proficiency in financial modelling, specifically in the context of valuation work.

  Please note we are open to Melbourne or Sydney candidates for this permanent role. 

Life at AustralianSuper 

AustralianSuper is committed to colleague development, and we support our people with ongoing learning, coaching and training, as well as career opportunities across our expanding global organisation. We offer generous leave entitlements and promote a blended working environment in which all roles can flex, and we’re happy to discuss what this looks like for you. 

We cultivate a workplace that champions safety, respect, inclusiveness and diversity.  We are committed to supporting our diverse workforce in a way that is inclusive and embraces diversity in all its forms. If you require any reasonable adjustments to the recruitment process or the role, please let our recruitment team know. 

What’s Next 

Apply now, if you share our values of Energy, Integrity, Generosity of Spirit and Excellent Outcomes and would like the opportunity to work in a challenging, growing and rapidly evolving team to deliver outstanding results. 

AustralianSuper uses AI to review resumes and conduct initial phone interviews.  This involves processing your resume, cover letter, and voice recording in Australia and the USA to help assess your suitability for the applied role. When invited to an AI phone screening, you may opt for a traditional phone screening instead. For information on how we handle your personal data, please refer to our Candidate Privacy Policy.

https://www.australiansuper.com/careers/candidate-privacy-notice  

Australian or New Zealand citizenship or Australian permanent residency status is required.  

Agencies please note: this vacancy is being managed directly by AustralianSuper’s Talent Acquisition team.  We will contact our preferred agency partners should we require additional support. Thank you.