Associate - Ankura Real Estate Advisory - India Service Center
Ankura · Gurgaon, India · 3mo ago
Ankura is a team of excellence founded on innovation and growth.
Ankura:
Ankura Consulting Group is recognized as one of the five fastest-growing consulting companies, with 1,500 employees across 32 offices in 4 continents. The Company provides services to its client on expert witness, bankruptcy and corporate restructuring, litigation support, forensic accounting, geopolitical risk assessment, and general management consulting services. Ankura Consulting Group's headquarters is based in Washington, USA.
Why Join Ankura:
We can support and develop individuals who aspire to be an expert.
Vast opportunities for career development, with formal development process, training programmes and internal e-learning training platform, Ankura Academy.
Work within a team of world recognised leading experts in an established leading global consultancy.
Work with a collaborative environment, where our professionals have the freedom to innovate which promotes curiosity, learning and communication.
Practice Overview:
Ankura’s real estate advisory team possesses deep expertise addressing client issues, utilizing an approach grounded in data, technology, and sophisticated analytical methods. Our team has a history of advising owners, investors, lenders, and users of real estate throughout the ever-changing real estate lifecycle with valuation at the forefront. Our unique blend of technical skills, property type, and locational expertise, and proven analytical track record enable us to deliver insightful solutions essential in navigating the market.
Responsibilities:
- Conduct comprehensive cost segregation studies for commercial and residential properties.
- Analyze architectural plans, construction documents, and financial records to identify eligible assets for reclassification.
- Collaborate with engineering and tax teams to ensure accurate allocation of costs.
- Prepare detailed reports that outline findings and recommendations for clients.
- Stay updated on IRS regulations and industry standards related to cost segregation.
- Communicate effectively with clients to explain the benefits and process of cost segregation studies.
- Provide guidance on tax implications and strategies for depreciation.
Requirements:
- Master’s degree in Accounting, Finance, Engineering, or a related field.
- Proven experience in cost segregation analysis or related tax accounting roles.
- Strong analytical skills and attention to detail.
- Excellent written and verbal communication skills.
- Familiarity with tax software and tools used in cost segregation studies.
- Ability to work independently and manage multiple projects simultaneously.
Preferred Qualifications:
- CPA or other relevant certification.
- Experience with real estate and property taxation.
- Knowledge of construction and architectural principles.
Other Expertise (not required, but preferable):
- Perform valuations for financial reporting purposes for fair value measurements (ASC 820).
- Prepare Business Enterprise Valuations using income, market, and asset-based approaches.
- Develop valuation models and perform financial modelling (DCF, guideline public company, guideline transaction, option-pricing models, binomial, monte carlo simulation, etc.) and perform sensitivity and scenario analysis.
- Execute Purchase Price Allocations (PPA) under ASC 805 for financial reporting purposes, IRC Section 1060 for tax reporting purposes, including identification and valuation of tangible and intangible assets and goodwill.
- Conduct Legal Entity valuations for tax reporting, internal planning, regulatory, and restructuring purposes.
- Perform qualitative and quantitative impairment testing for goodwill and long-lived assets (ASC 350 / 360).
- Perform debt capacity engagements to assess sustainable leverage based on cash flows, coverage ratios, and credit metrics for tax reporting purposes.
- Support tax-related valuation engagements including valuations for tax reporting and compliance purposes in accordance with the IRS standards.
- Review/prepare valuation reports and prepare presentations for team and clients.
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Ankura is an Affirmative Action and Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against based on disability. Equal Employment Opportunity Posters, if you have a disability and believe you need a reasonable accommodation to search for a job opening, submit an online application, or participate in an interview/assessment, please email accommodations@ankura.com or call toll-free +1.312-583-2122. This email and phone number are created exclusively to assist disabled job seekers whose disability prevents them from being able to apply online. Only messages left for this purpose will be returned. Messages left for other purposes, such as following up on an application or technical issues unrelated to a disability, will not receive a response.