A Fixed Asset/Cost Segregation Advisory Manager is responsible for providing client service in a wide range fixed asset depreciation practice areas. The group's core service offerings include construction cost segregation, fixed asset depreciation consulting, green energy tax incentives, and repairs and maintenance expense. Fixed Asset Advisory Services group assists clients in identifying ways to improve returns on capital investments and to minimize federal, state and local taxes, whether the investments are new construction, renovations of existing facilities or building and asset acquisitions. In this role, the STS Fixed Asset Advisory Services Manager will be charged with marketing, networking and business development within his/her area of experience and specialization. They will also be charged with recognizing potential changes in tax policy and applying new policies to tax compliance.
What you will do:
• Utilizes prior experience executing client deliverables related to the subject matter in the form of report deliverables and depreciation calculations
• Applies industry standards, along with firm policies and BDO Tax Quality Manual requirements as they relate to the subject matter
• Researches or assists with the research of relevant Tax Court Decisions, Revenue Procedures, the Internal Revenue Code, and Tax Regulations
• Identifies when research is needed; clearly and concisely frames issues to be researched; and clearly and concisely reports the analysis.
• Manages client relationships/expectations in accordance with the project
• Provides advice to clients in a timely manner
• Participates in client presentations
• Successfully manages multiple projects at one time
• Frames projects and issues for effective delegation to seniors and associates.
• Other duties as required
Cost Segregation:
• Manage and review cost segregation studies for newly constructed, purchased, or renovated properties.
• Perform detailed analysis of construction costs, engineering drawings, and cost records to identify assets eligible for shorter depreciable lives.
• Coordinate with clients' construction, accounting and finance teams to gather necessary data.
• Prepare high quality reports supporting accelerated depreciation classifications and assist clients with IRS audit support if needed.
Supervisory Responsibilities:
• Supervises workload of Fixed Asset Advisory staff on assigned engagements and reviews work product, as appropriate
• Ensures Fixed Asset Advisory staff are trained on all relevant subject matter and software tools
• Delivers periodic performance feedback and completes performance evaluations for Fixed Asset Advisory Services staff
• Acts as mentor to Fixed Asset Advisory Services staff, as appropriate
Qualifications, Knowledge, Skills and Abilities:
Education:
• Bachelors degree in tax, accounting, engineering or construction or other related field required
Experience:
• Minimum of five (5) years client service experience around tax issues, cost estimation or engineering based sales required
License/Certifications:
• N/A
Software:
• Proficient in the use of Microsoft Office Suite, including Word, Excel, Access, PowerPoint and Outlook
• Proficient in Auto Cad
• Knowledge of fixed asset accounting software systems
Other Knowledge, Skills & Abilities:
• Cost segregation and/or tax fixed asset depreciation expertise
• Prior experience with blueprint reading
• Knowledge of engineering or construction methods and terminology
• Familiarity with industry specific reference manuals, including R.S. Means and Marshall Valuation
• Professional demeanor and strong communication skills, both written and oral
• Analytical skills with an aptitude for technical research
• Available to travel periodically
Compensation Information: Individual salaries that are offered to a candidate are determined after consideration of numerous factors including but not limited to the candidate's qualifications, experience, skills, and geography.
