Valuation and Advisory Analyst Job at Newmark

Newmark Whippany, NJ 07981

Newmark Group, Inc., together with its subsidiaries (“Newmark”), is a world leader in commercial real estate services, with a comprehensive suite of investor/owner and occupier services and products. Our integrated platform seamlessly powers every phase of owning or occupying a property. Our services are tailored to every type of client, from owners to occupiers, investors to founders, growing startups to leading companies. Harnessing the power of data, technology, and industry expertise, we bring ingenuity to every exchange, and imagination to every space. To learn more, visit nmrk.com or follow @newmark.

JOB DESCRIPTION:

Under direct supervision, assist in the collection and analysis of data for senior staff focused on real-estate-centric valuations for financial reporting (ASC 805 and 820), lease accounting analyses (ASC 842), providing audit support services, and the valuation of fractional interests for estate planning, gift tax reporting and estate tax filings.

ESSENTIAL DUTIES:

  • Collect, analyze, and report appraisal related market data through internal and outside sources.
  • Responsible for understanding all company research related database programs.
  • May inspect properties as part of the valuation process.
  • Assist in the preparation of client deliverables under the direct supervision of senior staff.
  • Understands all necessary software programs used to prepare valuation reports.
  • Navigate tax returns, income statement and balance sheets.
  • Will continue training on accounting and appraisal standards.
  • Understands and utilizes necessary third-party data sources.
  • Ability to research state laws/guidelines as directed by senior staff.
  • Ability to develop financial models.
  • May perform other duties as assigned.

SKILLS, EDUCATIONANDEXPERIENCE:

  • Bachelor’s Degree (preferably in real estate or other related subjects such as economics & finance) preference is given to MS or MBA in Real Estate.
  • Proficient in Excel and practiced in Word
  • Knowledge of Argus is a plus
  • Preference given to prior professional experience in real estate analysis, market research or related field
  • Strong analytical, writing and communication skills
  • Strong organizational and multi-tasking skills

WORKING CONDITIONS: Normal working conditions with the absence of disagreeable elements

NOTE: The statements herein are intended to describe the general nature and level of work being performed by employees, and are not to be construed as an exhaustive list of responsibilities, duties, and skills required of personnel so classified.

Newmark is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex including sexual orientation and gender identity, national origin, disability, protected Veteran Status, or any other characteristic protected by applicable federal, state, or local law.

Job Type: Full-time

Benefits:

  • 401(k)
  • Dental insurance
  • Flexible schedule
  • Health insurance
  • Paid time off
  • Vision insurance

Schedule:

  • 8 hour shift

Ability to commute/relocate:

  • Whippany, NJ 07981: Reliably commute or planning to relocate before starting work (Required)

Experience:

  • Argus: 1 year (Required)

License/Certification:

  • Bachelors Degree in Real Estate/Economics/or Finance (Required)

Work Location: One location




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