Sr. Associate/Associate - Valuation

Cherry Bekaert LLP; India; On-site; INR 900,000 - 1,500,000; Full time

Job summary

Cherry Bekaert LLP in India is seeking Senior Associate/Associate to perform business and intangible asset valuations for ASC 350/360/718/409A/820/805, plus real estate and complex securities. You will analyze historical results, develop discount rates, build and review financial models, and prepare valuation reports for clients and their boards.

Requires 1+ year (Associate) or 3+ years (Senior Associate) of fair value experience and strong Excel skills; familiarity with Capital IQ or Bloomberg

Qualifications

• Bachelor’s Degree in Accounting, Finance, Economics, Business Administration, or related field.
• MBA, CA, or CFA would be preferable.
• 1+ year (Associate) or 3+ years (Senior Associate) in fair value analyses within professional services.
• Experience with discount rates and valuation methodologies.
• Experience valuing contingent consideration and M&A-related valuations.
• Ability to build, analyze, and review financial models.

Responsibilities

• Primary activities will focus on the valuation of businesses, business interests, and intangible assets for ASC 350, ASC 360, ASC 718/409A, ASC 820 and ASC 805, real estate, complex securities and embedded derivatives; estate and gift tax and charitable contributions for tax and financial reporting purposes.
• Analyze historical financial and operating results of target companies to explain business trends and identify risks
• Analyze and challenge assumptions related to future financial projections
• Assist in the development of discount rates (WACC, IRR, WARA, etc.)
• Conduct financial statement analysis (e.g., common size analysis, ratio analysis, trend analysis, and industry comparative analysis)
• Perform market/industry research and develop industry growth estimates
• Construct and review valuation and other financial models
• Assist with the design and preparation of valuation reports and other client deliverables
• Present analyses and conclusions to internal management and external client POCs, their boards of directors, and to fiduciaries
• Work closely with Associate level personnel, directing engagement activity and providing review and mentorship as needed

Skills

Financial valuation theory

Valuation methods

Financial modeling

Excel proficiency

Education

Bachelor’s Degree in Accounting, Finance, Economics, Business Administration, or related field

MBA, CA, or CFA preferable

Tools

Capital IQ

Bloomberg

Job description

As a Senior Associate/Associate, you will:

• Primary activities will focus on the valuation of businesses, business interests, and intangible assets for ASC 350, ASC 360, ASC 718/409A, ASC 820 and ASC 805, real estate, complex securities and embedded derivatives; estate and gift tax and charitable contributions for tax and financial reporting purposes.
• Analyze historical financial and operating results of target companies to explain business trends and identify risks
• Analyze and challenge assumptions related to future financial projections
• Assist in the development of discount rates (WACC, IRR, WARA, etc.)
• Conduct financial statement analysis (e.g., common size analysis, ratio analysis, trend analysis, and industry comparative analysis)
• Perform market/industry research and develop industry growth estimates
• Construct and review valuation and other financial models
• Assist with the design and preparation of valuation reports and other client deliverables
• Present analyses and conclusions to internal management and external client POCs, their boards of directors, and to fiduciaries
• Work closely with Associate level personnel, directing engagement activity and providing review and mentorship as needed

What you bring to the role

• Bachelor’s Degree in Accounting, Finance, Economics, Business Administration, or related field required; advanced degree and/or certifications including MBA, CA, or CFA would be preferable.
• Minimum 1+ year (Associate) or 3+ years (Senior Associate) of demonstrated experience in fair value analyses of debt and equity, purchase price allocations, and/or goodwill impairment assessments within a public accounting, consulting, valuation advisory, or investment banking environment.
• A fundamental understanding of financial valuation theory, methodologies, Experience in traditional valuation methods such as discounted cash flow method, guideline public company method and guidance transaction method.
• Experience in valuing contingent consideration and valuation for mergers & acquisitions, and other transactions.
• Experience in building, analyzing, and reviewing financial models for high-level decision-making.
• Comprehensive experience with financial databases such as:
• Capital IQ, Bloomberg, and other high-level tools.
• Track record of managing multiple high-stakes projects and delivering under tight deadlines.
• Functional understanding of financial statements analysis with the ability to work through key assumptions, implicit caveats, and limitations
• Demonstrated technical skills working with financial models in Excel