Valuation Senior Associate (Fair Value)

Company: Cherry Bekaert Advisory, LLC
Location: Bethesda
Posted on: May 21, 2023

Job Description:

Ranked a Top U.S. Accounting Firm by Accounting Today and Inside Public Accounting, Cherry Bekaert delivers innovative and sophisticated advisory, assurance and tax services to our clients. At Cherry Bekaert we create shared success through teamwork, energy, and expertise. We approach today's toughest business challenges with a client-first mindset, working together to create exceptional value. We are all committed to making a difference for our people, our clients, our community, and our professions. To meet this commitment, Cherry Bekaert will provide you with the space to pursue growth and development opportunities that will guide and support you at each stage of your personal and professional journey. If you are ready to find your space and create your future, you belong with us.Through our Valuation Services practice, we provide core offerings to include business valuations, complex financial instruments, contingent consideration, debt and equity, stock based compensation, intangible assets for financial and tax reporting, tax compliance, mergers and acquisitions in domestic and cross border transactions, and litigation. Our professional staff applies traditional and cutting edge valuation approaches and methods to a variety of corporate finance analyses and as a result of sustained growth, we are seeking a Senior Associate to augment our high performing team with the flexibility to sit in multiple offices throughout our footprint.As a Senior Associate, you will:Primary activities will focus on the valuation of businesses, business interests, and intangible assets for ASC 350, ASC 360, ASC 718, and ASC 815; complex securities and embedded derivatives; estate and gift tax and charitable contributions; IRC 165, IRC 280, IRC 367, IRC 382, IRC 409A, and IRC 861.Perform purchase price allocations for financial reporting and/or tax purposes under US GAAPAnalyze historical financial and operating results of target companies to explain business trends and identify risksAnalyze and challenge assumptions related to future financial projectionsAssist in the development of discount rates (WACC, IRR, WARA, etc.)Conduct financial statement analysis (e.g., common size analysis, ratio analysis, trend analysis, and industry comparative analysis)Perform market/industry research and develop industry growth estimatesConstruct and review valuation and other financial modelsAssist with the design and preparation of valuation reports and other client deliverablesPresent analyses and conclusions to internal management and external client POCs, their boards of directors, and to fiduciariesWork closely with Associate level personnel, directing engagement activity and providing review and mentorship as neededWhat you bring to the role:Bachelor's Degree in Accounting, Finance, Economics, Business Administration, or related field required; advanced degree and/or certifications including ASA, ABV, CFA or CVA not required, but nice to haveMinimum 2+ years of demonstrated experience performing work related to fair value of debt, equity, purchase price allocation, and/or goodwill impairments in a public accounting, consulting, or investment banking environmentFunctional understanding of financial statements analysis with the ability to work through key assumptions, implicit caveats, and limitationsA fundamental understanding of financial valuation theory, methodologies, and applicationsDemonstrated technical skills working with financial models in ExcelAbility to travel up to 10%What you can expect from us:Our shared values that foster inclusion and belonging including uncompromising integrity, collaboration, trust, and mutual respect.The opportunity to innovate and do work that motivates and engages you.A collaborative environment focused on enabling you to further your career growth and continuous professional development.Competitive compensation and a total rewards package that focuses on all aspects of your wellbeing.Flexibility to do impactful work and the time to enjoy your life outside of work.Opportunities to connect and learn from professionals from different backgrounds and with different cultures.About Cherry BekaertCherry Bekaert, ranked among the largest assurance, tax and advisory firms in the U.S., serves clients across industries in all 50 U.S. states and internationally. "Cherry Bekaert" is the brand name under which Cherry Bekaert LLP and Cherry Bekaert Advisory LLC, independently owned entities, provide professional services in an alternative practice structure in accordance with applicable professional standards. Cherry Bekaert LLP is a licensed CPA firm that provides attest services, and Cherry Bekaert Advisory LLC and its subsidiary entities provide business advisory and non-attest services spanning the areas of transaction advisory, risk and accounting advisory, digital solutions, cybersecurity, tax, benefits consulting, and wealth management. For more details, visit Cherry Bekaert cares about our people. We offer competitive compensation packages based on performance that recognize the value our people bring to our clients and our Firm. The salary range for this position is $75,000 to $139,200. Individual salaries within this range are determined by a variety of factors including but not limited to education, experience, knowledge, skills, and geographic location. In addition, we offer a comprehensive, high-quality benefits program which includes annual bonus, medical, dental, and vision care; disability and life insurance; generous Paid Time Off; retirement plans; Paid Care Leave; and other programs that are dedicated to enhancing your personal and work life and providing you and your family with a measure of financial protection.Cherry Bekaert provides equal employment opportunities to applicants and employees without regard to race, color, religion, age, sex, sexual orientation, gender identity/expression, national origin, protected veteran status, disability status, or any other legally protected basis, in accordance with applicable law.Candidates must demonstrate eligibility to work in the United States. Cherry Bekaert will not provide work sponsorship for this position.Cherry Bekaert LLP and Cherry Bekaert Advisory LLC are members of Allinial Global, an accountancy and business advisory global association. Visit us at and follow us on LinkedIn, Glassdoor, Instagram, Twitter and Facebook. 2022 Cherry Bekaert. All Rights Reserved.No Agency Candidates Please

Keywords: Cherry Bekaert Advisory, LLC, Bethesda , Valuation Senior Associate (Fair Value), Accounting, Auditing , Bethesda, Maryland