Job details

Intern – Real Estate Valuation Services – 2023 – (Hybrid)

The Firm:

At Andersen Tax LLC (“Andersen”), we offer a rewarding career path for exceptional, motivated, and entrepreneurial individuals. From the moment your employment begins, you will be exposed to a variety of projects giving you the opportunity to stand out and make a difference. Because of our favorable Managing Director to Associate ratio, you will receive hands-on mentoring from firm leaders that prioritize your growth and development.

Once you join the team, you will become well-acquainted with our core values: Best-in-Class, Stewardship, Independence, Seamlessness, and Transparency. These are the qualities that define Andersen professionals.

Know that through our sustained growth and best-in-class service, we offer substantial long-term career opportunities and the tools necessary to be an emerging leader. If you want to be a part of a growing and exciting organization, then consider your opportunities with Andersen – a name from the past, a firm for the future.

The Role:

Andersen offers comprehensive valuation services with thorough, independent analyses together with superior client service and responsiveness. Our real estate valuation and consulting services are used by private equity firms, REITS, investment management companies, and individuals for a variety of purposes including management planning, financial reporting, gift and estate tax planning, bankruptcy proceedings, litigation support and others.

As a member of Andersen's real estate valuation team, you will have the opportunity to gain experience and insight into the commercial appraisal and real estate consulting industry. This is a great opportunity for you to learn about overall market trends and property specific factors that drive commercial real estate values locally, regionally nationally and internationally. In addition, you will learn how to reconcile between the thee common valuation methodologies in appraisal practice, research comparable sales and leasing data, analyze property specific income and expense statements, review lease agreements and learn about all the inputs to prepare discounted cash flow models for a myriad of property types.

Responsibilities

Perform market research using third-party databases and assist in verifying transaction data that will be utilized in appraisal reports as well as real estate consulting engagements for the firm's clients
Assist in preparing cash flow models (via Excel & Argus Enterprise) that utilize assumptions supported by market research and comparable data
Learn about the three common valuation methodologies (i.e. Cost, Income, Sales Comparison Approach) and how to apply when appraising commercial real estate and reconciling between multiple value conclusions
Assist in writing appraisal reports and restricted reports that are compliant with the latest USPAP standards.
Receive hands on real estate valuation training, direct feedback from industry leaders, and the opportunity to attend real estate networking events and conferences

Our firm offers competitive base compensation, benefits package, and a discretionary employee bonus program for eligible employees based on individual and firm performance metrics per the defined program guidelines. For individuals hired to work in Los Angeles, the expected salary range for this role is $30 - $35 per hour; the actual salary offer can vary based upon employee qualifications.

The Requirements:

Must be legally authorized to work in the United States without the need for employer sponsorship, now or at any time in the future
Must be pursuing a Bachelor of Science degree in Real Estate, Finance, Economics, Accounting or related field with a minimum 3.2 GPA.
Eligible students should be in their 3rd year of a 4-year degree program or in their 4th year of a 5-year degree program. Interns typically join us during the winter/spring or summer prior to their intended graduation year
Must be proficient in MS Excel (v-lookups, pivot tables, index match)
Must have strong verbal and written communication skills; comfortable speaking with market participants (i.e. brokers, buyers, sellers, etc.)
Candidates should have had exposure to business writing and possess a strong literary and grammatical competency
Familiarity and or experience building Discounted Cash Flow Models for different property types (e.g. industrial, retail, multifamily, mixed-use, hotels, etc.) is a plus
Previous experience working with Argus Enterprise, Costar Realty, REIS, and RealQuest is a plus
Previous experience preparing appraisal reports and/or performing appraisal reviews is a plus

Applicants must be currently authorized to work in the United States on a full-time basis.

**Cover Letters are Required to Apply for Valuation jobs**

Andersen Tax welcomes and encourages workforce diversity. We are an equal opportunity employer. Applicants and employees are considered for positions and are evaluated without regard to race, color, national origin, ancestry, religion, sexual orientation (including gender identity and gender expression), mental disability, physical disability, sex/gender (including pregnancy, childbirth, and related medical conditions), age, marital status, military status, veteran status, genetic information, or any other characteristic protected by federal, state or local laws or regulations. All qualified individuals, including those with criminal histories, will be considered in a manner consistent with the requirements of applicable state and local laws. Additionally, we make every effort to provide reasonable accommodations to qualified individuals with disabilities.