Manager of Commercial Valuations
MSCCN - Chicago, IL
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This job was posted by : For more information, please see: 1 MANAGER OF COMMERCIAL VALUATIONS Department: Valuations Job Code: 7815 Grade: 22 Shakman Status: Non-Exempt Hiring Process: Actively Recruited FLSA Status: Exempt Job Summary Reporting directly to the Director of Data Integrity or Director of Commercial Valuations as assigned; the Manager of Commercial Valuations is responsible for supervising the operations and staff of the Commercial Group Leaders and Analysts within the Valuations Department of the Cook County Assessors Office (CCAO). The Managers duties include providing direct oversight of the Commercial Valuations employees work performance, assigning work and ensuring proper workflow, addressing and resolving employee concerns and questions, approving time-off requests, issuing performance evaluations, initiating disciplinary action, and ensuring the staff provides good customer service. Additional duties include assisting the Directors of Data Integrity and Commercial Valuations with the assessment and valuation of industrial and commercial properties (excluding Special Properties Division). The Manager ensures that commercial property is assessed in a fair and uniform manner and is responsible for meeting all of CCAOs prescribed deadlines. Essential Job Duties Supervises and directs the employees within the Unit(s). Recommends to the Directors of Data Integrity and Commercial Valuations the appropriate assessed values on all commercial property handled by the unit as part of the initial assessment process. As part of the appeals process, approves changes to assessed value of commercial property that fall within parameters established by the Deputy Assessor Chief Valuations Officer and recommends for approval to the Directors of Data Integrity and Commercial Valuations changes to assessed value of such property that are outside such parameters. Assists the Directors in developing the final estimation of commercial property by reviewing all initial calculations and final valuations. Coordinates the regular review of properties within the jurisdiction to evaluate changes to the assessed value due to remodeling, additions or demolition. Evaluates features where properties are situated, considering locations and trends or impending changes that could influence future values. Verifies descriptions of properties by using commercial Computer-Assisted Mass Appraisal models, and Geographic Information System analysis. Verifies zoning classifications and examines spatial patterns, such as traffic, employment centers, shopping centers, and other neighborhood features in order to evaluate their impact on 2 property values. Interviews persons familiar with properties and their immediate surroundings (e.g. appraisers, contractors, lenders, owners, and realtors), to obtain relevant data and information. Directs searches of online databases to obtain market data for comparative analysis of rents, expenses, occupancy, capitalization rates, and financial data. Works with the Directors to develop assignment deadlines for subordinate staff based on the triennial assessment cycle. Performance management of assigned staff including utilizing data to audit quality control. Manages commercial valuation data, reviewing and analyzing property values using Microsoft Excel and/or Microsoft Access for accuracy and performance enterprise valuation system or other appropriate technology. Communicates assessment methodologies and final assessments to other CCAO departments and taxpayers, as needed. Assists the Directors in creating summary valuation reports for each assessed Township for publication. Testifies at appeals hearings on how t he estimated value of the real property was developed, as needed. Reviews valuation decisions made by subordinate staff when developing estimated commercial property values. Analyzes the work of subordinate staff involved in reviewing and processing of applications for appeals and certificates of error. Reviews and approves summaries prepared by subordinate staff for the Property Tax Appeal Board appeals. Assists in ensuring staff productivity and
Created: 2024-09-30