Associate (Manager), Transaction Real Estate - Ottawa, Canada - EY

Verified Company

Ottawa, Canada

2 weeks ago

Posted by:

Sophia Lee

beBee Recruiter

Description

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.

The opportunity
EY has an established industry leading Strategy and Transactions (SaT) Practice. We help clients determine the right deal to do, and then assist them in doing the deal right. We are a growing practice that has the resources to serve any client, anywhere in the world.

With so many offerings, you will have the opportunity to develop your career in a friendly, collaborative environment through a broad scope of engagements, mentoring and formal learning.

We develop outstanding leaders who team to deliver on our promises to all of 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.

EY's SaT Real Estate is one of the largest integrated real estate practices in Canada, providing strategy, valuation and transaction services to real estate owners, developers, investors, lenders and users.

Our national practice helps address complex and demanding challenges, drawing upon our knowledge, experience and insight to help clients implement their real estate strategy.

We offer a diverse service offering that includes the following:

Strategic Advisory Services
We help clients to achieve their potential from development to disposition of assets and all steps in between, including oversight, governance, highest and best use and portfolio rationalization.
Valuation Advisory Services
Our team has been involved with some of the largest and most challenging real estate valuations for the purposes of disposition, purchase price allocation of multibillion dollar transactions, shareholder disputes, butterfly transactions, litigation and restructuring.
Transaction Advisory Services
We provide an integrated service offering that supports the client through every step of the transaction process from strategy development through to transaction execution and closing.

Objective and independent, our clients consider us to be their trusted business advisors by acting as the gateway to the full breadth of services offered by EY.

Your key responsibilities:

As an Associate, you will have the opportunity to work and become a leader within our SaT Real Estate specialty practice.

You will have an integral role that involves working closely with other members of the rapidly growing national team to execute a variety of real estate mandates.

- **Valuation Expertise**: Conduct comprehensive valuations of various commercial real estate assets and portfolios, supporting diverse engagements including core valuations/appraisals, transactions, litigation and due diligence.
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Market Analysis: Leading the synthesis of real estate market trends and emerging insights, overseeing the collection and analysis of demographic and socio-economic indicators, and ensuring the maintenance of competitive market data to drive valuations, appraisals, competitive and industry analyses, and negotiation strategies.
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Data Compilation and Analysis: Gather and analyze pertinent company and industry data from diverse sources such as transaction databases, industry publications, financial statements, and public disclosures.
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Financial Modeling: Develop and maintain valuation excel models (including direct capitalization and discounted cash flow), as well as financial models for other purposes, such as development projects.
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Market Monitoring: Continuously monitor Canadian real estate market trends and stay abreast of major transactions and industry developments.
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Presentation and Client Deliverables: Take an active role in the preparation of both internal and external presentations to effectively communicate valuation findings and insights.
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Business Development: Support the team in business development and marketing initiatives nationwide to expand client base and enhance market presence, including the preparation of proposals, pitches and other pre-engagement activities.

Ideal qualifications for this position include:

Experience: Minimum of 5 years in the real estate industry, with at least 3 years focused on appraisal work.

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Educational Background: Undergraduate degree, preferably in real estate, finance, commerce, or accounting.
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Professional Designation: AACI designation or actively pursuing accreditation.
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Diverse Real Estate Exposure: Experience across various real estate sectors including retail, industrial, office, multi-family, and development land. Familiarity with multiple Canadian markets is advantageous.
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Valuation Proficiency: Proficient in various valuation methods including the income approach, dire