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Tax Credits & Incentives Advisory Senior Manager - Cost Segregation
Tax Credits & Incentives Advisory Senior Manager - Cost SegregationKentucky Staffing • Lexington, KY, US
Tax Credits & Incentives Advisory Senior Manager - Cost Segregation

Tax Credits & Incentives Advisory Senior Manager - Cost Segregation

Kentucky Staffing • Lexington, KY, US
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Tax Director

As a Tax Director in our Tax Credits & Incentives Advisory (TCIA) Practice, you will work with an excellent team of CPAs, engineers, and tax law experts. The group offers unparalleled knowledge and service in the area of tax credits and accounting methods and helps companies identify and realize value-added opportunities. Tax Credits & Incentives Advisory ("TCIA"), within Cherry Bekaert's Strategic Tax Advisory practice, is a quickly growing group generating more than $20 Million in annual revenue for the firm. TCIA provides the following services to its clients :

  • Cost Segregation Services
  • Qualified Production Property
  • R&D Tax Incentive Services
  • Fixed Asset Services
  • Site Selection Services
  • State Credits & Incentives
  • Employee Retention Credit Services
  • Energy Tax Consulting
  • Section 179D
  • Investment Tax Credit and Production Tax Credits
  • Inflation Reduction Act application-based incentives

What does your day look like? You will help develop the vision, strategies, and action plans to grow Cherry Bekaert's TCIA Practice. Specifically, you will work to manage and execute cost segregation, fixed asset review, and oversee IRC Section 179D projects for our clients. Fundamentally, daily tasks will include separating the cost components of a building into their proper asset classifications and recovery period for the purposes of accelerating depreciation.

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.
  • Required Qualifications :

  • 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
  • Ideal Qualifications :

  • 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.
  • 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
  • Benefits Information :

    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 included below. Individual salaries within this range are determined by a variety of factors including but not limited to the role, function and associated responsibilities, a candidate's work experience, education, 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.

    Pay Range : $165,600-$276,000

    About Cherry Bekaert :

    Cherry 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. For more details, visit https : / / www.cbh.com / disclosure / 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, citizenship status, protected veteran status, disability status, or any other category protected by applicable federal, state or local laws. https : / / careers.cbh.com / legal-disclosures / contains further information regarding the firm's compliance with federal, state and local recruitment and hiring laws. This role is expected to accept applications for at least five calendar days and may continue to be posted until a qualified applicant is selected or the position has been cancelled.?? 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? https : / / careers.cbh.com / and follow us on?LinkedIn,?Instagram, Twitter?and Facebook.

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