Associate (Manager), Transaction Real Estate (Accredited Appraiser or pursuing)

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 multi-billion 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.
• 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.
• 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.
• 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.
• Market Monitoring : Continuously monitor Canadian real estate market trends and stay abreast of major transactions and industry developments.
• Presentation and Client Deliverables : Take an active role in the preparation of both internal and external presentations to effectively communicate valuation findings and insights.
• 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.
• Educational Background : Undergraduate degree, preferably in real estate, finance, commerce, or accounting.
• Professional Designation : AACI designation or actively pursuing accreditation.
• 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.

• Valuation Proficiency : Proficient in various valuation methods including the income approach, direct comparison, and cost approach.
• Market Knowledge : Strong understanding of Canadian commercial real estate fundamentals, key value drivers, risks, and opportunities.
• Technical Skills : Working knowledge of Argus, CoStar and Altus databases, strong proficiency in Excel, and advanced financial modeling capabilities.
• Coaching : Experience in coaching junior team members and provide mentorship to foster their professional growth and development.
• Communication Skills : Effective written and oral communication skills to convey complex insights clearly and persuasively.
• Project Management : Strong project management and multitasking abilities to manage diverse valuation projects simultaneously.

Ability to systematically handle a heavy workload and consistently meet stringent deadlines.

• Detail oriented : Exhibiting meticulous attention to detail, ensuring a comprehensive understanding of assignments and the relevance of research conducted.
• Deadline driven readiness to periodically work irregular or extended hours, as necessary to fulfill deliverable deadlines.
• Team Player : Ability to thrive in a dynamic, fast-paced team environment, collaborating effectively to achieve common goals.

The successful candidate for this position will have strong written and verbal communication / presentation skills, deep real estate market knowledge, superior analytical skills, demonstrated project and / or people management skills and have been recognized for their participatory attitude and high levels of creative energy and enthusiasm

What we offer

At EY, our Total Rewards package supports our commitment to creating a leading people culture - built on high-performance teaming - where everyone can achieve their potential and contribute to building a better working world for our people, our clients and our communities.

It's one of the many reasons we repeatedly win awards for being a great place to work.

We offer a competitive compensation package where you’ll be rewarded based on your performance and recognized for the value you bring to our business.

In addition, our Total Rewards package allows you decide which benefits are right for you and which ones help you create a solid foundation for your future.

Our Total Rewards package includes a comprehensive medical, prescription drug and dental coverage, a defined contribution pension plan, a great vacation policy plus firm paid days that allow you to enjoy longer long weekends throughout the year, statutory holidays and paid personal days (based on province of residence), and a range of exciting programs and benefits designed to support your physical, financial and social well-being. Plus, we offer :

• Support and coaching from some of the most engaging colleagues in the industry
• Learning opportunities to develop new skills and progress your career
• The freedom and flexibility to handle your role in a way that’s right for you

About EY

As a global leader in assurance, tax, strategy, transaction and consulting services, we’re using the finance products, expertise and systems we’ve developed to build a better working world.

That starts with a culture that believes in giving you the training, opportunities and creative freedom to make things better.

Whenever you join, however long you stay, the exceptional EY experience lasts a lifetime.

Diversity and Inclusion at EY

Diversity and inclusiveness are at the heart of who we are and how we work. We’re committed to fostering an environment where differences are valued, policies and practices are equitable, and our people feel a sense of belonging.

We embrace diversity and are committed to combating systemic racism, advocating for the 2SLGBT+ community, promoting our Neurodiversity Centre of Excellence and Accessibility initiatives, and are dedicated to amplifying the voices of Indigenous people (First Nations, Inuit, and Métis) nationally as we strive towards reconciliation.

Our diverse experiences, abilities, backgrounds, and perspectives make our people unique and help guide us. Because when people feel free to be their authentic selves at work, they bring their best and are empowered to build a better working world.

EY Building a better working world