PWC: Valuations Real Estate Senior Manager

In Deals we solve the important problems that stand in the way of value being created, sustained, realised or protected for our clients – working together to aid responsible recovery and growth.

We put together major mergers and acquisitions and resolve business crises – from international take-over bids to financial crime investigations and cases of insolvency. Our teams work on iconic deals with national and global clients as well as operating and investing in businesses, new ventures and entrepreneurs in our local market and communities. It’s both a responsibility and a privilege to guide our clients through moments that matter deeply to them. Our breadth of clients in an ever-changing market means we need to be agile – responding when we need to, in a way that really makes a difference.

We draw upon our deals experience across many industries to support and partner with our clients, to positively impact society and the communities in which we operate. The insight we create, coupled with the innovative tools and methodologies we use to access and evaluate the data that matters, contributes to the success of our clients in all Deals situations. We encourage our clients to think more broadly – connecting their actions today with their successes tomorrow. We help our clients throughout the Deals lifecycle to create lasting value for their businesses.

Each of our key areas within Deals, delivers services to the market individually or together by combining our specialists to provide comprehensive client solutions.

About the team

The PwC Valuations team (of  approximately 170 people) provides advice on the valuation of shares, businesses, real estate, capital equipment and debt and derivative instruments to a wide range of clients, including property companies and institutional investors, government offices, private equity houses, family businesses, multinational conglomerates and individuals.

Clients come to us to obtain our advice on valuation for many reasons, including to support them in transactions, provide expert advice in disputes, negotiate valuations with the tax authorities and to comply with their financial reporting, regulatory or tax requirements.

As valuers we need to fully understand our clients’ commercial realities and those of the industries in which they operate. Our objective is to provide our clients with commercial, pragmatic valuation analysis that draws on industry insight and is grounded in technical excellence.

About the role

We are looking to recruit an experienced, RICS qualified real estate valuer to join the team at a Manager or Senior Manager level in order to help provide additional bandwidth and facilitate growth.

The role would provide you with an opportunity to work on a range of client engagements and with a number of other teams within our co-located real estate advisory practice (e.g. corporate finance, restructuring, due diligence, strategy, tax and legal). Alongside this, we would expect that a significant proportion of your time would be spent supporting our Assurance practice in relation to their audit of client financial statements.

Whilst we envisage the role being based in London, there would be some scope for the individual to split their time from here and working remotely from other regional PwC offices and/or from home.

This is an exciting time to join our Valuations business, providing the opportunity to grow and develop your network and experience.

Responsibilities

You will be active across all areas of our work and with exposure to clients and their advisors in order to support and develop our provision of real estate orientated advice to external and internal clients.

Responsibilities will include the following:

  • Carrying-out and overseeing the reviews of real estate asset valuations in support of audit, tax, dispute or transaction purposes. You would be expected to lead on the work and report directly to the relevant contact, under the supervision of a Director (or similar);

  • Working on valuation, due diligence and corporate real estate assignments. This would typically be as part of a wider PwC team, however often requiring you to work independently on key work streams (depending on skills and experience);

  • Undertake and review financial modelling as part of the valuation process;

  • Preparation of presentations / reports;

  • Coaching of more junior team members on client assignments;

  • Working alongside other PwC teams / specialist lines of service (such as corporate finance, assurance, due diligence, tax or business valuations);

  • Input into engagement acceptance and risk management procedures, including management and oversight of budgets and resources; and

  • Supporting and working alongside other senior team members in the development of new business in the sector, including preparation of proposals and pitches, attendance at presentations and identifying opportunities for sell-on of existing work.

Essential Skills and Experience

The following skills are required for this role:

  • RICS qualified (or other similar real estate qualification) or with significant real estate advisory experience (a significant proportion of which should have been with a valuations focus)

  • Good knowledge of commercial real estate markets

  • Willingness to learn and take on a high degree of responsibility

  • Strong interpersonal skills and comfortable communicating at all levels

  • Ability to work effectively in teams and, on occasion, to tight deadlines

  • Proven ability to deliver high quality written work

  • Strong analytical skills but tempered with an ability to think laterally

  • Good MS Excel (and preferably some financial modelling experience)

  • Strong attention to detail

  • Good project and time management skills

  • Professional verbal and written English

In addition, the following experience would also be preferable:

  • Experience in real estate development valuations

  • Experience in the valuation of operating assets (e.g. hotels)

  • Some experience of restructuring or distressed situations

  • Some financial reporting experience

You will be joining an experienced and diverse team who will welcome your outlook and knowledge while also helping you to broaden and deepen your understanding of real estate valuation and advisory.

You will also have the opportunity to take increasing amounts of responsibility and ownership of projects as your experience develops whilst being provided with required and flexible support.

Deals
Our Deals business is an exciting, fast-paced and an ever-growing business that focuses on deals and crisis situations for our clients. Collectively, we deal with the types of situations you hear about regularly in the news and we provide support, insight and analysis to the management, shareholders and financiers of business.

Not the role for you?
Did you know PwC offer flexible contract arrangements as well as contingent work (ie temporary or day rate contracting)?

The skills we look for in future employees
All our people need to demonstrate the skills and behaviours that support us in delivering our business strategy. This is important to the work we do for our business, and our clients. These skills and behaviours make up our global leadership framework, ‘The PwC Professional’ and are made up of five core attributes; whole leadership, technical capabilities, business acumen, global acumen and relationships.

Learn more here: www.pwc.com/uk/careers/experienced/apply

The Deal
We want all of our people to feel empowered to be the best that they can be, which is why we have ‘The Deal’.

Find out more about our firmwide Employee Value Proposition: https://www.pwc.co.uk/careers/about-us/the-new-deal.html

Diversity
Valuing Difference. Driving Inclusion.

We work in a changing world which offers great opportunities for people with diverse backgrounds and experiences. We seek to attract and employ the best people from the widest talent pool because creating value through diversity is what makes us strong as a business, enabling us to solve important problems and deliver value to our clients. We encourage an inclusive culture where people can be themselves, are valued for their strengths and are empowered to be the best they can be. As an organisation with an increasingly agile workforce, we also support different ways of working offering flexible working arrangements. Learn more here about our work to support an inclusive culture.

www.pwc.com/uk/diversity

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