EYP-RE-Assistant Manager

At EY, you’ll have the chance to build a career as unique as you are, with the global scale, support, inclusive culture and technology to become the best version of you. And we’re counting on your unique voice and perspective to help EY become even better, too. Join us and build an exceptional experience for yourself, and a better working world for all.

VME Real Estate – Strategy and Transactions (SaT) – Assistant Manager Grade 2 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 professional organization can match 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’re looking for Assistant 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 Assistant 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. Assistant 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 diligence, spread across property types Engagements include financial analyses, cash flow modeling, analytical model reviews, property/portfolio modeling, asset valuations, real estate appraisals and appraisal reviews, and other general real estate advisory services. 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 responsibilities 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), and report writing Maintain and develop positive, productive, and professional relationships with EY offices globally Supervise, develop and mentor professionals at the Staff and Senior level Ability to manage and counsel a team of 1-2 professionals if given opportunity 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)