Assistant Manager, Real Estate Valuations (Audit Support)

KPMG UAE; Dubai; Hybrid; AED 120,000 - 200,000; Full time

Job summary

A leading audit and consultancy firm in Dubai is seeking an experienced Assistant Manager for Real Estate Valuations. This role involves supporting Audit Teams, conducting market research, and developing valuation models. The ideal candidate has 5-6 years of experience in real estate valuations, holds a relevant degree, and is a member of RICS. Attractive benefits include a competitive tax-free salary, annual leave, and flexible working options.

Benefits

Competitive tax-free salary

Performance based annual bonus

Annual leave and flight ticket

Visa for employee and family

Private Medical Group Insurance

Flexible working options

Qualifications

• In-depth understanding of all 5 valuation methods.
• 5-6 years' experience in real estate valuations.
• Excellent verbal and written communication skills.

Responsibilities

• Review valuation methodologies with Audit Teams.
• Challenge management's assumptions and judgments.
• Perform market research on transaction prices and yields.
• Develop valuation models for key value drivers.
• Engage with Management and Audit Teams to resolve issues.
• Document review procedures and market evidence.
• Coach team members in valuation skills.

Skills

Real estate valuations

Valuation methodologies

Market research

Valuation modelling

Communication skills

Education

Bachelor's degree or MSc in Real Estate

Full member of RICS

Job description

JOB DESCRIPTION

Job Description - Assistant Manager, Real Estate Valuations (Audit Support) - Arabic Speaker

As a real estate valuations specialist, you will provide support to Audit Teams by reviewing real estate valuations across a wide range of sectors prepared by Management (or third-party valuation professionals retained by Management) for financial reporting purposes. You will also provide assurance that valuation estimates reported in financial statements are reasonable, well supported by market data and aligned with the requisite valuation standards.

Responsibilities

• Work closely with Audit Teams in KSA, UAE and Oman to review the appropriateness of valuation methodologies and underlying assumptions.
• Help Audit Teams to robustly challenge management's key assumptions and judgements with an appropriate level of professional skepticism.
• Perform market research on comparable transaction prices, rental rates, discount rates and yields.
• Develop valuation models for assessing key value drivers for conducting valuations and sensitivities.
• Engage with Management and the Audit Team to resolve any issues identified.
• Report findings in a clear and concise manner, documenting review procedures performed and market evidence to support the conclusion on value.
• Coach team members in technical valuation skills and industry knowledge to ensure the highest level of service delivery.

Education and Qualification

• In-depth understanding of the application of all 5 valuation methods.
• Bachelor's degree or MSc. in Real Estate or equivalent.
• Full member of the Royal Institution of Chartered Surveyors (RICS) or Associate RICS Member.

Experience

• 5-6 years' experience in real estate valuations.
• Excellent valuation modelling skills.
• Superior verbal and written communication skills.

What’s on Offer

• Competitive tax-free salary + performance based annual bonus scheme.
• Annual leave and flight ticket.
• Visa for employee including cost cover for immediate family members.
• Private Medical Group Insurance (including family cover).
• Flexible and Hybrid working options.