PwC India
Website:
pwc.in
Job details:
Job Title: Associate - Plant & Machinery Valuation Specialist (3–5 years)
Location: Gurugram
Employment Type: Full-time
Qualification : MBA / CA
Role Summary: We are seeking a Plant & Machinery Valuation Specialist with 3–5 years of hands-on valuation experience. The role focuses on valuing machinery and equipment across diverse industries for financial reporting, transactions, insurance, and lending. Experience in Land & Building valuation is an added advantage. Strong knowledge of Ind AS and IFRS reporting requirements related to tangible assets is essential.
Key Responsibilities:
- Plan and execute valuations of plant, machinery, and equipment across sectors (manufacturing, energy, chemicals, mining, infrastructure, etc.).
- Conduct site inspections to verify asset existence, condition, utilization, maintenance history, and operating environment.
- Build robust valuation models using cost, market, and income approaches; determine RCNLD and assess physical, functional, and economic obsolescence.
- Source and analyze market evidence (OEM pricing, dealer quotes, auction databases, indices), and document assumptions and adjustments.
- Prepare high-quality valuation reports compliant with IVS/RICS/IBBI standards and fit for financial reporting under Ind AS/IFRS.
- Support fair value measurement for:
- Purchase Price Allocation (Ind AS 103/IFRS 3),
- Impairment testing (Ind AS 36/IAS 36),
- Componentization, useful life and residual value assessments (Ind AS 16/IAS 16),
- Lease-related assets and improvements (Ind AS 116/IFRS 16),
- Fair value measurement framework (Ind AS 113/IFRS 13).
- Reconcile valuations to client fixed asset registers (FAR), ensure clean asset listings, and assist with asset verification and tagging exercises.
- Engage with client engineering, operations, and finance teams; address auditor queries.
- Manage project timelines, scope, and deliverables; ensure quality control and adherence to engagement protocols.
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