Valuation Analyst - Real Estate Advisory
Overview
Baker Tilly is a leading advisory, tax and assurance firm, providing clients with a genuine coast-to-coast and global advantage in major regions of the U.S. and in many of the world's leading financial centers - New York, London, San Francisco, Los Angeles, Chicago and Boston. Baker Tilly Advisory Group, LP and Baker Tilly US, LLP (Baker Tilly) provide professional services through an alternative practice structure in accordance with the AICPA Code of Professional Conduct and applicable laws, regulations and professional standards. Baker Tilly US, LLP is a licensed independent CPA firm that provides attest services to its clients. Baker Tilly Advisory Group, LP and its subsidiary entities provide tax and business advisory services to their clients. Baker Tilly Advisory Group, LP and its subsidiary entities are not licensed CPA firms.
Baker Tilly Advisory Group, LP and Baker Tilly US, LLP, trading as Baker Tilly, are independent members of Baker Tilly International, a worldwide network of independent accounting and business advisory firms in 141 territories, with 43,000 professionals and a combined worldwide revenue of $5.2 billion. Visit bakertilly.com or join the conversation on LinkedIn, Facebook and Instagram.
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Job Description:
Baker Tilly is looking for a Valuation Analyst to join our Real Estate Advisory Team in our Financial Advisory Services group!
On the Real Estate Advisory team, you will assist on engagements primarily related to the valuation and advisory of real estate and real estate entities, which may include financial modeling, business enterprise valuations (of real estate entities), appraisals of real property for a variety of purposes, real and personal property valuations for financial reporting purposes (primarily ASC 805, ASC 820 and ASC 360). Conduct reviews of third-party valuations of real estate assets and entities and provide review commentary to Baker Tilly's audit engagement teams. Assist with research and development of firm published thought leadership.
What you will do:
• Summarize and analyze financial data including entity, portfolio and property-level financial performance
• and forecasts
• Conduct economic, market and property level research
• Work with a variety of templates based upon project goals
• Develop unique valuation models
• Utilize discounted cash flow, direct capitalization, sales comparison approach, and cost approach
• valuation methodologies
• Develop narrative and summary format reports for client deliverables
• Demonstrate excellent team skills, positive attitude, and high ethical standards
• A willingness to work in an often fast paced project-based environment
• Maintain and expand knowledge base in area of expertise, comply with continuing education
• requirements; participate in professional organizations, independent study, etc.
Qualifications:
• Bachelor's degree in Real Estate, Finance, Accounting, Economics or related field. Coursework in real estate and/or valuation a plus
• One to three (1-3) years finance or valuation experience
• Demonstrated analytical, problem-solving, organizational, interpersonal, project management, and communication skills required
• Ability to provide exceptional client service, demonstrate commitment to continuous learning, display appropriate ethical knowledge and commitment, and exhibit a sense of urgency and commitment to quality and the timely completion of duties
• Strong Microsoft Excel skills required
• Strong writing skills preferred
• Availability to travel for client related work
• Preference will be given to candidates with the following:
• Progress toward state certified real estate trainee license, the MAI designation awarded by the Appraisal Institute, the Accredited Senior Appraiser (ASA) from the American Society of Appraisers, or other valuation designations
• Completion of Uniform Standards of Professional Appraisal Practice (USPAP) and/or real estate valuation courses.
• Real estate asset management, audit or valuation experience
• Familiarity with subscription sources such as CoStar and Argus valuation software.
The compensation range for this role is $77,000-$123,000. Actual compensation is influenced by a variety of factors including but not limited to skills, experience, qualifications, and geographic location.
