EYP-VME-RE-Manager

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VME Real Estate – Strategy and Transactions (SaT) –Manager

Within SaT, Real Estate (RE) group is part of Valuations, Modeling and Economics sub-service line. Our REpractice 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

We’re looking for Manager with expertise in real estate valuation to join the valuation group of our RealEstate Valuation Team.

As a member of the Ernst & Young Real Estate team, the Manager will serve as a Team Lead, project lead

and/or member of multiple client engagement teams around the world (US, UK, Germany, Australia etc) whichprimarily assist in real estate and hospitality advisory engagements in a fast-paced, service-oriented businessenvironment. Manager will work on a wide variety of real estate and hospitality-specific clients includingowners, developers, builders, financial institutions, lenders, pension funds, as well as numerous Fortune 500companies.

Typical engagements include appraisals and valuations, review of valuation analysis, market studies/research,cash flow analyses, due diligence, portfolio analysis and cash flow modeling.

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

• Manage a team of RE valuation professional, work on allocated hours goals for the team and leveragetheir skills to accomplish them, while recognizing and celebrating the individual and group success.
• Working with business leaders, reporting manager and where appropriate, development and retentionincluding organizing learning sessions, and mentoring new team members once they join company,optimizing team skills and capabilities, and proactively addressing any performance challenges
• Develop and maintain a professional and proactive interdependent and agile culture promoting agrowth mindset, meritocracy and innovation.
• Creating an environment that motivates direct reports and employees, ensuring they are fully awareof what is expected of them which recognizes their successes and helps retain key talent.
• Ensure effective performance management throughout probation and throughout the employeelifecycles, taking responsibility for appreciating and rewarding performance in a meritocratic manner.
• Effectively managing, monitoring, and coaching team members and manage day-to-day operations toensure smooth performance and to execute on all projects on a timely basis.
• Effectively manage all operational procedures and processes ensuring compliance with 1) companypolicies and procedures 2) client requirements.
• 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 diligence, spread across property types·
• We are involved in analysis of a variety of property types including multi-family residential, office,retail, hotel, industrial, mixed-use, infrastructure, and special-use properties.
• Specific engagement will include financial and cash flow modeling, market information research, realestate documents analysis (including site/building plans, leases, appraisals, and mortgage underwriting/lending documents), market studies, asset valuation (PPA/fair value), valuation reviewand report writin
• Take ownership of your projects, while working collaboratively with other team members
• Maintain and develop positive, productive, and professional relationships with clients
• Conducting timely performance reviews for employees and developing other professionals byproviding effective performance feedback and training to them. Leading by example.
• 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 CostMethod) and Precedent Transaction Analysis (or Relative Valuation/ Sales Comparison/ MarketApproach)
• Knowledge of developing valuation models, performing highest and best use valuation analysis forpurposes 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 teamspirit
• Manage and responsible for 6-10 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

• Master’s in business administration (MBA) specialize in Finance
• 10+ 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

• 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 thingsin this fast-moving environment
• An opportunity to be a part of market-leading, multi-disciplinary team of 1400 + professionals, in theonly integrated global transaction business worldwide.
• Opportunities to work with EY SaT practices globally with leading businesses across a range ofindustries
  
  

What Working At EY Offers

At EY, we’re dedicated to helping our clients, from start–ups to Fortune 500 companies — and the work we dowith them is as varied as they are.

You get to work with inspiring and meaningful projects. Our focus is education and coaching alongsidepractical 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 environmentthat 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 that’s right for you
  
  

EY | Building a better working world

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