Line of Service
Assurance
Industry/Sector
Specialism
Assurance
Management Level
Manager
Job Description & Summary
At PwC, our people in audit and assurance focus on providing independent and objective assessments of financial statements, internal controls, and other assurable information enhancing the credibility and reliability of this information with a variety of stakeholders. They evaluate compliance with regulations including assessing governance and risk management processes and related controls.
In financial statement audit at PwC, you will focus on obtaining reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes the auditor’s opinion.
= Line of Service Overview
Our Middle East Assurance practice includes over 2,300 people based in 12 countries across the region and is part of PwC's global network operating worldwide. PwC Middle East's Assurance practice combines the right mix of human-led and tech-powered solutions to provide our clients with quality audits and other risk services that create confidence and impact in our region and across society.
Business Unit Overview
The Valuation Specialist team is part of our Core Assurance practice, providing independent real estate valuation expertise to audit engagement teams across the Middle East. The team supports the audit of investment properties, development land, real estate portfolios, real estate funds, hospitality assets and other property-related financial statement balances.
As a specialist function within Assurance, the team is responsible for challenging third-party and management-prepared valuations, assessing valuation methodologies and assumptions, and supporting engagement teams in delivering high-quality audits in accordance with professional and regulatory standards.
How You'll Contribute
As a Real Estate Valuation Specialist Manager / Senior Manager, you will act as a subject matter expert supporting audit engagements across the Middle East. You will work alongside engagement teams to evaluate complex real estate valuations, challenge key assumptions and provide technical insight on valuation matters. Responsibilities include but are not limited to:
Providing specialist valuation support to Assurance engagement teams across a broad portfolio of audit clients.
Independently reviewing and challenging real estate valuation methodologies, assumptions and conclusions used by management and external valuers.
Evaluating key valuation inputs including capitalisation rates, discount rates, yields, occupancy assumptions, rental growth rates, development assumptions and comparable market evidence.
Assessing valuations prepared under income capitalisation, discounted cash flow, residual land value and market comparison approaches.
Reviewing valuations across multiple asset classes including residential, office, retail, industrial, logistics, mixed-use developments, hospitality assets, schools, healthcare facilities, operating assets and development land.
Performing independent market research and analysis across UAE and GCC real estate markets.
Preparing technical valuation review documentation and clearly communicating findings to audit engagement teams and client management.
Supporting engagement teams in audit planning and risk assessment related to property valuation matters.
Collaborating with partners, directors and engagement leaders on complex accounting and valuation issues.
Contributing to the development of valuation methodologies, tools and best practices across the Assurance practice.
Supporting business development activities where specialist valuation expertise is required.
Delivering training and coaching to audit teams to improve understanding of valuation concepts and market developments.
Ensuring compliance with professional, quality, risk management and independence requirements.
Remaining current on market trends,…