Real Estate Consulting— Manager

Real Estate Consulting team is a part of the Deloitte Advisory group. As a professional in this team, you will work with Deloitte US teams to provide valuation and advisory services to various clients with their real estate business decisions. You will provide services in various market offerings like real estate property valuations/ appraisal services, purchase price Allocations, debt valuations, property tax valuations, IBR/ROU analysis, highest and best-use studies, market research, lease abstraction, lease audit, due diligence and regulatory services.  

Work you will do

•        Manage and supervise a growing team of real estate valuation professionals in India; facilitate communication between them and their U.S. counterparts. Develop best practices to manage the operations

•        Develop familiarity with and manage the application of U.S. valuation methodologies and techniques in the delivery of products and services

•        Valuation of different real estate assets like office, retail, multifamily, industrial, hotels, data center for the purpose of merger and acquisition, annual reporting, purchase price allocation, tax assessment and impairment

•        Due diligence to assess the strengths and weakness of a merger/acquisition through an in-depth analysis, market data, verifying contractual terms, cash flow analysis (Argus/Excel), lease abstraction and encumbrances analysis 

•        Providing lease advisory services - abstraction of contract terms of a lease for the purpose of record keeping, due diligence, lease audits, lease accounting and to identify potential revenue enhancement clauses

•        Determine Incremental Borrowing Rate (“IBR”) for the purpose of calculating lease liability and right of use asset under new lease accounting standard

•        Commercial mortgage underwriting and loan valuation services

•        Test valuation methodologies and assumptions used by management or third-party appraisers to check reasonableness and applicability of the analysis 

•        Review work products and deliverables, and assist in the quality review of deliverables produced by the real estate valuation team in India

•        Develop and build relationships with real estate valuation clients and professionals in the U.S. up to and including partners, principals and directors

•        Participate in recruiting new staff;

•        Develop, coach and mentor junior and mid-level staff, inculcating the professional services culture; and

•        Monitor the continuing education and training of the team in India, technically and otherwise; and help to keep the team up to date with current best practice globally and in the U.S.

•        Participate on other Deloitte Advisory engagements outside Real Estate Consulting, whenever required 

The team

At Deloitte Advisory, our Real Estate consultants provide a full range of advisory services to numerous clients. Our wholly owned subsidiary at Hyderabad employs professionals who work closely with our US professionals to respond quickly and efficiently to the complex and diverse needs of our clients. We help our clients by providing solutions to their long-term strategic goals, specifically targeted at real estate investments, assets, and debt. Our team members work collaboratively and apply their specialized knowledge and experience to help clients navigate past complex issues and help them make more informed decisions to enhance their business’ efficiencies. Learn more about Deloitte Advisory.

Qualifications and experience 

Required:

•        Post Graduate Diploma in Business Management (MBA/PGDM) with specialization in finance

•        7 - 12 years of experience in real estate industry or any other valuation profile. Familiarity with US commercial and retail real estate markets is an added advantage

•        Advanced knowledge of concepts related to real estate valuation. Knowledge of valuation standards such as ASC 820, ASC 805, ASC 842 etc will be a plus

•        Familiarity with lease advisory services including lease abstraction and lease administration

•        Experience in building and leading growing teams, project management and client relationships, preferably with a cross-border component; and

•        Advanced knowledge of MS Office (Excel, PowerPoint, Word, etc.)

•        Excellent communication and writing skills

•        Experience of managing multiple teams and projects concurrently (end to end) will be an advantage.

Preferred:

•        Professional certification, such as CFA, FRM, CPA, MAI, RICS

•        Prior experience in real estate valuation as consultant or similar advisory services

•        Knowledge of Argus and Dyna 

•        Experience in handling operations for offshore teams

How you will grow

At Deloitte, we have invested a great deal to create a rich environment in which our professionals can grow. We want all our people to develop in their own way, playing to their own strengths as they hone their leadership skills. And, as a part of our efforts, we provide our professionals with a variety of learning and networking opportunities—including exposure to leaders, sponsors, coaches, and challenging assignments—to help accelerate their careers along the way. No two people learn in exactly the same way. So, we provide a range of resources, including live classrooms, team-based learning, and eLearning. Deloitte University (DU): The Leadership Center in India, our state-of-the-art, world-class learning center in the Hyderabad office, is an extension of the DU in Westlake, Texas, and represents a tangible symbol of our commitment to our people’s growth and development. Explore DU: The Leadership Center in India.

Benefits

At Deloitte, we know that great people make a great organization. We value our people and offer employees a broad range of benefits. Learn more about what working at Deloitte can mean for you.  

Deloitte’s culture

Our positive and supportive culture encourages our people to do their best work every day. We celebrate individuals by recognizing their uniqueness and offering them the flexibility to make daily choices that can help them to be healthy, centered, confident, and aware. We offer well-being programs and are continuously looking for new ways to maintain a culture that is inclusive, invites authenticity, leverages our diversity, and where our people excel and lead healthy, happy lives. Learn more about Life at Deloitte.

Corporate citizenship

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