Valuations Professional (Real Estate Sector) VME - Riyadh (KSA)
Job description
Competitive business today is all about making intelligent, informed decisions. As a Business Valuations and Modelling Professional , you’ll help make that happen. You will be an important part of our diversely talented, highly experienced team and work at the forefront of high-profile transactions. Our team of strategic advisors sits at the heart of a global Valuation & Modelling and Economics network of specialists who deliver high quality solutions on values creation through each phase of a decision-making support process.
The opportunity
EY has an established industry leading Valuation and Modelling and Economics practice. We advise our clients in addressing their strategic planning, transaction and non-transaction related decision-making process including strategic planning, identification and assessment of value creation financial reporting, market valuation for transactional purpose etc. You’ll have the opportunity to develop your career through a broad scope of engagements, mentoring and formal learning. That’s how we develop outstanding leaders who team to deliver on our promises to all our stakeholders, and in so doing, play a critical role in building a better working world for our people, for our clients and for our communities.
Your key responsibilities
As a VME Professional within Valuation Modelling and Economics team, you are likely to spend your day-to-day working on commercial issues, working with management on parts of the acquisition process or transformation plans and regularly undertake valuations for strategic priorities.
Skills and attributes for success
You will be part of the preparation of business proposals, presenting our various real estate corporate finance activities to new potential clients to develop new business opportunities and at the same time enabling you to create your own business network in the real estate sector. You will conduct feasibility studies and assess land value / property value and advise clients in their investment decision.
You will develop complex real estate financial models, enabling you to assess the market value of various asset classes and create business plans for various asset classes including residential, hospitality, retail and commercial real estate, among others.You will perform purchase price allocations and valuation for real estate businesses in MENA. Real estate accounting skills are required.
You will help us to monitor various real estate markets across MENA and asset classes such as offices, residential units, shopping centers, healthcare facilities, among others.
To qualify for the role you must have
- A bachelor's/Masters degree in finance, economics, accounting or business with at least 6-8 years of related real estate corporate finance work experience
- Solution driven individual and “out-of-comfort” zone thinker with demonstrated record of solving complex problems and completing challenging projects
- Autonomous with demonstrated experience in handling and developing clients’ relationship, proactive in reporting to Director/Partner
- Financial modelling skills including experience building models from scratch idellay with Real Estate Experience.
- Broad understanding of IFRS standards related to fair value measurements, business combination, impairment testing etc.
Ideally, you’ll also have
- Previous valuation experience in professional services/Big 4 Firm
- Previous experience in coaching teams of junior and senior staff
- Real Estate financial modelling experience
- Achievement of a CFA or equivalent internationally recognized professional qualification such as RICS or CBV.
- Understanding of broader GCC market dynamics.
- Excellent Business Development skills.
- Arabic language skills (although not mandatory).
What we look for
We are looking for candidates who are highly motivated, analytical, logical thinkers with a passion for valuations and have a very strong attention to detail. Being a strong team player is critical with the ability to adapt to changing requirements or deadlines in support of our clients goals.
What we offer
We offer a competitive compensation package where you’ll be rewarded based on performance and recognized for the value you bring to our business. Plus, we offer:
- 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.
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.
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