SaT_VME RE_SA/AM1/Manager/AD - Bangalore/Gurgaon/ Noida
Gurugram (Gurgaon) Teaching
Job description
Senior Analyst – Real Estate
Within SaT, 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 the breadth of our capabilities or depth of our resources. GDS RE works as a strategic partner to global RE practices, working with them to provide highly efficient and value-added services to meet our clients’ real estate valuation and diligence requirements.
The opportunity
We are looking for Senior Analyst 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 Senior Analyst will serve as a project 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. Senior Analyst will work with 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 prominent 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 prominent role in understanding clients’
· needs, conducting analyses and reporting results
· Work on and manage engagements on real estate advisory, valuation and due diligence,
· spread across property types
· Engagements include financial analyses, cash flow modelling, analytical model reviews, property/portfolio modelling, asset valuations, real estate appraisals and appraisal reviews, and other general real estate advisory services.
· We are involved in study of a variety of property types including multi-family residential, office, retail, hotel, industrial, mixed-use, infrastructure, and special-use properties.
· Specific engagement responsibilities will include financial and cash flow modelling, market information research, real estate documents study (including site/building plans, leases, appraisals, and mortgage underwriting/lending documents), market studies, asset valuation (PPA/fair value), and report writing
· Maintain and develop positive, productive, and professional relationships with EY offices globally
· Demonstrate teamwork and responsibility with engagement team members
· Use current technology and tools to enhance the effectiveness of services provided.
· Performing any other task or ad hoc projects as requested.
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.
· Studying 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 thoughtfulness, project management, communication, interpersonal and teaming skills
· Willingness and ability to travel, when necessary
· Systematically promote the sharing of knowledge within the group; Contribute pro-actively to building team spirit
· Exposure to tools like Tableau, Power BI, Alteryx etc. will be added advantage
To qualify for the role, you must have
· Master’s in business administration (MBA) specialize in Finance
· 18 months - 15 Yrs 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, you’ll also have
· 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-prominent, multi-disciplinary team of 1400 + professionals, in the only integrated global transaction business worldwide.
· Opportunities to work with EY SaT practices globally with prominent businesses across a range of industries
What we offer
EY Global Delivery Services (GDS) is a dynamic and truly global delivery network. We work across six locations – Argentina, China, India, the Philippines, Poland and the UK – and with teams from all EY service lines, geographies and sectors, playing a vital role in the delivery of the EY growth strategy. From accountants to coders to advisory consultants, we offer a wide variety of fulfilling career opportunities that span all business disciplines. In GDS, you will collaborate with EY teams on exciting projects and work with well-known brands from across the globe. We’ll introduce you to an ever-expanding ecosystem of people, learning, skills and insights that will stay with you throughout your career.
· Continuous learning: You’ll develop the mindset and skills to navigate whatever comes next.
· Success, as defined by you: We’ll provide the tools and flexibility, so you can make a meaningful impact, your way.
· Transformative leadership: We’ll give you the insights, coaching and confidence to be the leader the world needs.
· Diverse and inclusive culture: You’ll be embraced for who you are and empowered to use your voice to help others find theirs.
About EY
EY | Building a better working world
EY exists to build a better working world, helping to create long-term value for clients, people and society and build trust in the capital markets.
Enabled by data and technology, diverse EY teams in over 150 countries provide trust through assurance and help clients grow, transform and operate.
Working across assurance, consulting, law, strategy, tax and transactions, EY teams ask better questions to find new answers to the complex issues facing our world today.
If you can demonstrate that you meet the criteria above, please contact us as soon as possible.
The exceptional EY experience. It’s yours to build.