EYP-VME-RE-Associate Manager
EYP-VME-RE-Associate Manager
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Job Description
At EY were all in to shape your future with confidence.
Well help you succeed in a globally connected powerhouse of diverse teams and take your career wherever you want it to go.
Join EY and help to build a better working world.
VME Real Estate Transaction Advisory Services (TAS) Associate Manager
Within TAS Real Estate (RE) group is part of Valuations Modelling and Economics sub-service line. Our RE practice provides real estate valuation analytical services and other business advisory services to developers builders investors lenders and Fortune 500 companies.
With over 500 RE professionals worldwide (35 in GDS RE) no similarly positioned global professionalorganization can match breadth of our capabilities or depth of our resources. GDS RE works as a strategicpartner to global RE practices working with them to provide highly efficient and value-added services tomeet our clients real estate valuation and diligence requirements.
The opportunity
Were looking for Associate Manager with expertise in real estate valuation to join the valuation group of our Real Estate Valuation Team.
As a member of the Ernst & Young Real Estate team the Associate Manager will serve as a project lead and/or member of multiple client engagement teams around the world (US UK Germany Australia etc) which primarily assist in real estate and hospitality advisory engagements in a fast-paced service-oriented business environment. Associate Manager will work on a wide variety of real estate and hospitality-specific clients including owners developers builders financial institutions lenders pension funds as well as numerous Fortune 500 companies.
Typical engagements include appraisals and valuations review of valuation analysis market studies/research cash flow analyses due diligence portfolio analysis and cash flow modelling.
This is a fantastic opportunity to be part of a leading firm whilst being instrumental in the growth of a valuation service offering.
Your key responsibilities
- Serve as a member of multiple client engagement teams taking a lead role in understanding clients needs conducting analyses and reporting results
- Work on and manage engagements on real estate advisory valuation and due diligencespread across property types
- We are involved in analysis of a variety of property types including multi-family residentialoffice retail hotel industrial mixed-use infrastructure and special-use properties.
- Specific engagement will include financial and cash flow modeling market information research real estate documents analysis (including site/building plans leases appraisals and mortgage underwriting/lending documents) market studies asset valuation (PPA/fair value) valuation review and report writing
- Challenge yourself to continually learn and teach mentoring others while developing your own career
- Take ownership of your projects while working collaboratively with other team members
- Maintain and develop positive productive and professional relationships with clients
- Supervise develop and mentor professionals at the Staff and Senior level
- Ability to manage a team of 3-5 professionals; Conducting timely performance reviews for employees and developing other professionals by providing effective performance feedback and training to them. Leading by example.
- Use current technology and tools to enhance the effectiveness of services provided.
Skills and attributes for success
- Strong knowledge in performing valuation of Real & Intangible assets using Income Approach (Discounted Cash Flow Method & Direct Capitalization Method) Net Asset Value Method (or Cost Method) and Precedent Transaction Analysis (or Relative Valuation/ Sales Comparison/ Market Approach)
- Knowledge of developing valuation models performing highest and best use valuation analysis for purposes of financial reporting tax planning etc.
- Proficient at using research databases like LoopNet REIS RCA (real capital analytics) CoStar CBRE JLL C&W Capital IQ One Source Factiva Reuters etc.
- Analyzing financial statements conducting market research studies and preparing reports Application of Free Cash Flows Terminal value Discount rate WACC Advanced MS Excel models etc.
- Strong knowledge of key clauses in lease (options economic terms terminations)
- Excellent analytical project management communication interpersonal and teaming skills
- Willingness and ability to travel when necessary
- Actively promote the sharing of knowledge within the group; Contribute pro-actively to building team spirit
- Manage and responsible for 1-2 people for their career progression learning and development etc
- Exposure to tools like Tableau Power BI Alteryx etc. will be added advantage
To qualify for the role you must have
- Masters in business administration (MBA) specialize in Finance
- 7 years of direct work experience in real estate valuation projects
- Strong Excel and PowerPoint skills.
- Experience with BIG4 accounting firm would be provided weightage
Ideally youll also have
- People management skills
- Project management skills
- Exposure to tools like Tableau Power BI Alteryx etc. will be added advantage
What we look for
- A Team of people with commercial acumen technical experience and enthusiasm to learn new things in this fast-moving environment
- An opportunity to be a part of market-leading multi-disciplinary team of 1400 professionals in the only integrated global transaction business worldwide.
- Opportunities to work with EY TAS practices globally with leading businesses across a range of industries
What working at EY offers
At EY were dedicated to helping our clients from startups to Fortune 500 companies and the work we do with them is as varied as they are.
You get to work with inspiring and meaningful projects. Our focus is education and coaching alongside practical experience to ensure your personal development. We value our employees and you will be able to control your own development with an individual progression plan. You will quickly grow into a responsible role with challenging and stimulating assignments. Moreover you will be part of an interdisciplinary environment that emphasizes high quality and knowledge exchange. Plus we offer:
- Support coaching and feedback from some of the most engaging colleagues around
- Opportunities to develop new skills and progress your career
- The freedom and flexibility to handle your role in a way thats right for you
EY Building a better working world
EY is building a better working world by creating new value for clients people society and the planet while building trust in capital markets.
Enabled by data AI and advanced technology EY teams help clients shape the future with confidence and develop answers for the most pressing issues of today and tomorrow.
EY teams work across a full spectrum of services in assurance consulting tax strategy and transactions. Fueled by sector insights a globally connected multi-disciplinary network and diverse ecosystem partners EY teams can provide services in more than 150 countries and territories.
Required Experience:
Manager
Employment Type
Full Time
