Associate, Valuations

Bellwether • Dallas, TX

8d • Onsite

About The Position

As an Associate, Valuations on the Bellwether Valuations Team, you will conduct and manage the valuations of a portfolio of commercial real estate investments. Key responsibilities include maintaining complex financial analyses, evaluating investment performance and underwriting real estate investments. In this role, there will be tremendous learning and growth opportunities with exposure to leading experts in the real estate investment industry. The significant exposure to senior leadership requires a high degree of professionalism and work ownership.

Requirements

• A minimum of 5 years’ relevant experience in real estate valuations, consulting, portfolio management or audit/accounting.
• Experience with property underwriting and advanced financial modeling.
• Highly proficient in Microsoft Office Suite and ARGUS Enterprise.
• Bachelor’s degree in finance, real estate, accounting or other related fields required

Nice To Haves

• Real estate valuation specialist experience in a Big 4 or similar firm setting (rather than general audit staff) is strongly preferred.
• Possession of, or progress toward, real estate industry certifications and licenses, e.g., MAI, CCIM, certified general real estate appraiser, broker, CPA, etc., is strongly preferred.
• Entrepreneurial individuals who are highly motivated, mature and intelligent, with demonstrated excellence in prior endeavors.
• Strong analytical skills and detail-oriented.
• Ability to read and analyze investment underwriting.
• Eager to learn, with proven ability to initiate ideas and implement new processes.
• Ability to grasp new concepts quickly and work with limited direct guidance.
• Ability to perform responsibilities independently and proactively, solve problems, and improve processes and/or services.
• Self-directed, takes initiative and responsibility, ensures completion of tasks.
• Excellent verbal and written communication skills; strong listening and interpersonal skills.
• Highly effective at preparing and presenting information.
• Acts with honesty and integrity and maintains confidentiality, adheres to company policies.
• Promotes a collaborative and productive work environment.
• Demonstrates team building, support and respect.
• Takes full ownership of assigned client engagements end-to-end, including the detailed, repetitive, and administrative work that underpins high-quality deliverables.
• Treats data validation, file management, reconciliations, and other foundational tasks with the same rigor as analytical work.
• Comfortable operating without close supervision and accountable for outcomes — both the headline analysis and the supporting detail.
• Independently manages a quarterly valuation cycle from kickoff through delivery, anticipating bottlenecks, prioritizing competing demands, and proactively flagging risks to timeline or quality.
• Operates with a high degree of autonomy and exercises sound judgment on when to escalate.

Responsibilities

• Conduct monthly and quarterly valuations of real estate investments across the United States, including conducting DCF/sale comparable/cost analyses, appraisal review, reporting, etc.
• Review and track business plans, leasing activity and monthly property operating performance for valuations purposes
• Prepare quarterly investment-level tear sheets summarizing key valuation metrics, property-level performance indicators, and material assumption changes period over period
• Prepare periodic unlevered cash flow projections for reporting purposes using ARGUS Enterprise and Excel
• Coordinate with third-party appraisal management providers on appraisal scheduling, scope, and information flow; reconcile appraisal conclusions to internal valuations and document variances
• Support client external audit cycles and internal SOX testing by responding to auditor inquiries, preparing supporting documentation, and providing market support as requested
• Maintain valuation templates and supporting workpapers, ensuring data integrity, version control, and clear audit trails across the quarterly cycle
• Serve as the day-to-day point of contact for assigned client deal teams, managing inbound information requests and proactively communicating timelines, deliverables, and open items
• Assist in implementing enhancements and improvements to the firm’s valuations and reporting processes, procedures, and use of technology
• Perform additional ad-hoc analysis as needed

Benefits

• Employer-paid Medical, Dental & Vision, with buy-up options available
• Flexible Spending Account, Health Savings Account
• Carrot Fertility Benefit - $10,000 lifetime benefit
• 401k company match 4%, immediately vested
• Generous PTO, 11 Paid Company Holidays & Paid Holiday Office Closure
• 14 weeks Maternity Leave & 12 weeks Parental Leave
• Wellbeing program offerings
• Cell phone reimbursement
• Engaging team events & holiday parties

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level