The Real Estate Valuation & Advisory Services team at RSM LLP provides a deep breadth of capability, services and an innovative approach to the real estate industry. Our team combines real estate accounting, tax, financial and business advisory expertise to provide integrated solutions from the simplest assignment to the most complex. We are currently looking for an Associate to join our Houston, Texas office. As part of this team, you will combine technical skills and knowledge of real estate to advise clients on valuation matters. Responsibilities include performing real estate market analysis, reviewing and analyzing industry and economic trends, conducting valuations and preparing appraisal reports under USPAP, US GAAP, IFRS, tax, and other regulatory frameworks.
Role Responsibilities- Assist companies to identify and measure the value of their assets by providing independent and well-supported valuations.
- Perform local, national and international real estate market analysis on a wide range of public and private entities using all accepted and relevant valuation approaches
- Independently gather data pertinent to an engagement through direct client interaction, including personal and telephone interviews with market participants including brokers, appraisers, investors, developers and asset managers
- Review industry surveys and benchmarks, economic and demographic trends
- Assist with preparing and presenting the results of our analysis in a clear and concise manner; assist in proposals and executive presentations
- Understand the requirements associated with the development of value conclusions under GAAP, tax, and regulatory rules allowing companies to understand the value of an entity, asset, or liability so they can make informed business and investment decisions
Requirements- Bachelor’s degree, preferably in Finance or Real Estate Finance from an accredited college/university.
- Prior internship or experience with financial reporting valuation at a top accounting firm preferred.
- Technical knowledge of real estate property as an investment class, along with knowledge of discounted cash flow models and the construction of capitalization rates.
- Exposure to the relevant real estate and valuation professional and regulatory issues.
- General knowledge of FASB fair value accounting standards (ASC 820).
- General knowledge of purchase price allocations (ASC 805) and impairment analyses (ASC 360).
- Excellent analytical skills.
- Strong oral and written communication skills along with the ability to write clear, concise reports are critical.
- Houston-based candidate preferred
- Ability to travel as required.
At RSM, we offer a competitive benefits and compensation package for all our people. We offer flexibility in your schedule, empowering you to balance life’s demands, while also maintaining your ability to serve clients. Learn more about our total rewards at https://rsmus.com/careers/working-at-rsm/benefits.
At RSM, an employee’s pay at any point in their career is intended to reflect their experiences, performance, and skills for their current role. The salary range (or starting rate for interns and associates) for this role represents numerous factors considered in the hiring decisions including, but not limited to, education, skills, work experience, certifications, location, etc. As such, pay for the successful candidate(s) could fall anywhere within the stated range.
Compensation Range: $62,800 - $103,400