Senior Associate - Valuation Advisory
CohnReznick is one of the nation's top professional services firms, creating rewarding careers in advisory, assurance, and tax. CohnReznick helps organizations optimize performance, manage risk, and maximize value through CohnReznick LLP (assurance services) and CohnReznick Advisory LLC (advisory and tax services). With offices nationwide, the firm serves organizations around the world as an independent member of Nexia. We currently have an exciting career opportunity for a Senior Associate to join our Valuation Advisory practice in our Chicago office.
This position is considered hybrid which means team members are expected to be thoughtful and intentional in how they create opportunities for in-person collaboration. While the cadence of in-office presence is determined at the team level, our professionals are encouraged to be in the office / together in person on average 3 days a week.
This position will support our Valuation Advisory group. This group provides a wide suite of services to clients, giving you the opportunity to learn, grow, and build out your skills. As a member of this team, you'll interact with team members across all levels within the practice.
At CohnReznick, we're united by a common mission to create opportunity, value, and trust for our clients, our people, and our communities. We believe it's important to balance work with everyday life - and make time for enjoyment and fun. We invest in a robust Total Rewards package that includes everything from generous PTO, a flexible work environment, expanded parental leave, extensive learning & development, and even paid time off for employees to volunteer.
Responsibilities include but not limited to :
- Appraisal / Advisory Services - Work with Real Estate team to assist, manage and help complete outbound appraisals and fair value studies for all types of real estate.
- Support all aspects of VAS engagements throughout the transaction process, and coordinate the work performed by multiple service lines.
- Serve as the day-to-day point person on engagements; lead meetings and calls with clients and target management.
- Understand and manage firm risk on projects.
- Manage client expectations (internal and outbound) concerning project deliverables and deadlines and lead change efforts effectively.
- Develop and maintain strong client relationships and cross-sell services.
- Work closely with managers and partners to promptly identify and resolve client problems or issues.
- Communicate (verbally and in writing) with internal and external clients at all levels of the organization to successfully accomplish objectives portraying knowledge and confidence.
- Meet or exceed targeted billing hours (utilization).
- Audit Assist - Work closely with the Assurance Team to review and prepare documentation for assurance clients and related fair value measurements prepared for ASC820, 805, 360, 842. Adhere to best practice guidance issued by FASB SEC, PCAOB, AICPA, and the Appraisal Foundation relevant to fair value measurements.
- Communicate best practices to assurance teams and external clients and assist core assurance teams with valuation concepts and guidance.
- Work independently with little to no support assistance.
The successful candidate will have :
Bachelor's degree in Finance, Real Estate or related field. A Master's degree is a plus.Minimum of 3+ years of related work experience in a similar consulting practice or audit firm.Experience in Market Studies and Affordable Housing necessaryCertified General Appraiser License or MAI and or CPA, CVA, CFA, ASA or other related valuation credentials.Strong technical background in appraisals, valuations for financial reporting, general real estate consulting; litigation experience a plus.Strong written, communication and math skills.Ability to manage multiple priorities and simultaneous projects in a rapidly growing practice.Strong leadership, recruitment, training, and mentoring.Proven business development experience.Ability to travel as needed.