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Cherry Bekaert · 5 days ago

Tax Credits & Incentives Advisory Senior Manager - Cost Segregation

Tysons Corner, VA

Full-time

Onsite

Senior Level, Lead/Staff, Director/Executive

$166K/yr - $276K/yr

5+ years exp

Cherry Bekaert is a leading assurance, tax, and advisory firm in the U.S. They are seeking a Tax Director in their Tax Credits & Incentives Advisory Practice to manage and execute cost segregation and fixed asset review projects. The role involves working with a team of experts to help clients identify and realize value-added opportunities in tax credits and accounting methods.

AccountingConsultingFinancial ServicesWealth Management

Growth Opportunities

No H1B

Responsibilities

Report to the leader of the TCIA practice as well as other Partners and Directors who make up an integrated team providing credits and incentive (“C&I”) offerings to our clients

Work with new clients as well as core tax and audit partners to articulate the value of a Cost Segregation, QPP, 179D Analysis

Performing site inspections of client properties to take detailed measurements, photographs, and notes of the various components of the property for IRS audit substantiation purposes

Costing of all components of architectural, site, mechanical and electrical construction utilizing historical cost databases such as RS Means as well as industry accepted techniques and methods

Work closely with other leaders in TCIA to discuss R&D, Energy, and other incentive opportunities to our clients

Analyze construction general ledgers, contractor payment applications, and other cost/financial documentation, and reconciling the information to various accounting records

Review fixed asset registers to assess whether any fixed assets may be reclassified through a method change to a more appropriate tax recovery period

Prepare schedules that support findings in accordance with IRS standards

Meet client expectations by adhering to pre-established deadlines

Qualification

CPACost SegregationTax ComplianceExcel Pivot TablesBlueprint ReadingIRS Code KnowledgeProject ManagementOrganizational SkillsCollaborationCommunication

Required

Bachelor's degree in accounting, finance, engineering, technology, or related field

A CPA, MST, MAcc, LLM or JD is required for Manager, Senior Manager, and Director positions

Minimum of 5 years' experience in federal tax compliance or tax consulting services

Experience with costing models utilizing excel pivot tables

Desire to participate in strategic planning initiatives

Strong project management and organizational skills

Preference will be given to candidates that also have experience with accounting methods including uniform capitalization rules; tangible property regulations; capitalization and depreciation; unit of property reviews; cost segregation studies; revenue recognition; and advanced payments and experience preparing or reviewing Form 3115

Preferred

5+ years of experience in public accounting

An understanding of construction design and processes, as well as depreciation, to determine the appropriate tax lives for building assets in accordance with IRS standards

A working knowledge of blueprint reading/estimating software such as BlueBeam

A working knowledge of software tools such as SegStream

Knowledge of real estate appraisals and valuations

A knowledge of IRS code sections, court cases, revenue rulings and other tax citations related to cost segregation

Excellent Microsoft Office skills - Excel, Word, Outlook, etc

Ability to manage multiple engagements and employees to complete projects in a rapidly growing, fast-paced, interactive, results-based team environment