Cost Segregation Senior Associate

Withum; Saddle Brook (NJ); Hybrid; USD 90,000 - 110,000; Full time

Benefits offered by this job

Competitive benefits package

Bonus program

Job summary

Withum is seeking a Cost Segregation Senior Associate to join our Forensic & Valuation Services practice. The Senior Associate can be based at any U.S.

office with a hybrid schedule (3 days in office per week). You will work with tax professionals, engineers and real estate specialists to deliver engineering-based cost segregation studies, depreciation analyses, and tax-saving recommendations for a variety of real estate assets, across multiple industries, with strong client exposure and growth

Qualifications

• Bachelor's degree in Accounting, Finance, Engineering, Construction Management, Real Estate, Architecture, or related discipline.
• 3-5 years of experience in cost segregation, fixed asset consulting, real estate tax, valuation, engineering, or related field.
• CPA, EA, CCSP, PE, or other related credentials preferred but not required.
• Strong understanding of MACRS depreciation rules and cost segregation methodologies.
• Ability to interpret architectural, engineering, and construction documentation.

Responsibilities

• Perform cost segregation studies for various real estate properties.
• Review construction cost documentation, depreciation schedules, appraisals, blueprints and fixed asset records.
• Conduct site visits and document building systems and asset classifications.
• Prepare engineering-based cost segregation reports meeting IRS guidelines.
• Research federal tax depreciation regulations and tangible property regulations.
• Identify asset planning opportunities and provide tax-saving recommendations.
• Manage multiple engagements and collaborate with clients, contractors, engineers, and internal teams.
• Review work and mentor junior staff.
• Assist in client relationships, proposals and business development.
• Remain current on technical developments affecting clients’ tax positions.
• Participate in training and growth of Cost Segregation practice.

Skills

Cost segregation knowledge

Analytical skills

Communication skills

Project management

Mentoring junior team members

Education

Bachelor's degree in Accounting/Finance/Engineering/Construction Management/Real Estate/Architecture

Tools

Microsoft Excel

Job description

Withum is a place where talent thrives - where who you are matters.It's a place of endless opportunities for growth. A place where entrepreneurial energy plus inclusive teamwork equals exponential results.

Explore different industries. Learn new skills. Connect with our diverse teams of professionals to gain insight into the career you envision. Your Career Starts with You.

Experience the Transformative Power of Withum Plus You - that's the Power in the Plus!

Job Description:

Our Forensic & Valuation Services team is seeking a Cost Segregation Senior Associate to join our growing practice. The Senior Associate can be based out of any of our U.S. office locations (New York, NY; Buffalo, NY; Rochester, NY; Philadelphia, PA; Boston, MA; Braintree, MA; Burlington, MA; Princeton, NJ; Whippany, NJ; East Brunswick NJ; Red Bank, NJ; Providence, RI; Columbia, MD; Tysons Corner, VA; Nashville, TN; Boca Raton, FL; Orlando, FL; San Diego, CA; Los Angeles, CA; Orange County, CA; San Francisco, CA; San Ramon, CA; Portland; Seattle, WA). The in-office expectation is a hybrid schedule (3 days in office expectation per week).

As a Cost Segregation Senior Associate, you will have the opportunity to work with a dynamic team of tax professionals, engineers, and real estate specialists to deliver value-added solutions to clients across a variety of industries.

Our Cost Segregation professionals help clients maximize tax savings opportunities through engineering-based analyses of commercial, residential, manufacturing, hospitality, healthcare, and other real estate assets. This role offers significant client exposure, opportunities for professional growth, and the ability to contribute to one of the firm's expanding specialty practices.

Withum'sbrand is a reflection of our people, our culture and our strength.Withumhas become synonymous with teamwork and client service excellence. The cornerstone of our success can truly be accredited to the dedicated professionals who work here every day, whose mission is to help our clients grow and thrive - to be in a position of strength. But our commitment goes beyond our clients as we continue to live theWithumWay, promoting personal and professional growth for all team members, clients, and surrounding communities.

How You'll Spend Your Time:

• Performing cost segregation studies for newly acquired, constructed, renovated, and existing real estate properties.
• Reviewing construction cost documentation, depreciation schedules, appraisals, blueprints, engineering reports, and fixed asset records.
• Conducting property site visits and documenting building systems and asset classifications.
• Preparing detailed engineering-based cost segregation reports and supporting documentation designed to meet IRS guidelines and industry standards.
• Researching and interpreting federal tax regulations related to depreciation, capitalization, bonus depreciation, and tangible property regulations.
• Identifying fixed asset planning opportunities and providing tax-saving recommendations to clients.
• Managing multiple engagements and collaborating with clients, contractors, engineers, and internal professionals to ensure timely project completion.
• Reviewing work prepared by Associates and providing coaching, mentorship, and technical guidance.
• Assisting Managers and Partners with client relationship management, proposal development, and business development activities.
• Remaining current on technical and industry developments while evaluating their potential impact on clients' tax positions.
• Participating in training initiatives and contributing to the continued growth of the Cost Segregation practice.

The Kind of People We Want to Talk to Have Many of the Following:

• Bachelor's degree in Accounting, Finance, Engineering, Construction Management, Real Estate, Architecture, or a related discipline.
• Minimum of 3-5 years of experience in cost segregation, fixed asset consulting, real estate tax, valuation, engineering, or a related field.
• CPA, EA, CCSP, PE, or other related professional credentials preferred but not required.
• Strong understanding of MACRS depreciation rules, cost segregation methodologies, and tangible property regulations.
• Experience analyzing construction costs, fixed asset records, and building component classifications.
• Ability to interpret architectural, engineering, and construction documentation.
• Excellent project management and organizational skills with the ability to manage multiple priorities and deadlines.
• Strong analytical, problem-solving, and communication skills.
• Advanced Microsoft Excel skills.
• Experience reviewing staff work and mentoring junior team members preferred.
• Willingness to travel for property site inspections and client meetings, as needed.

The compensation for this position ranges from $90,000-$110,000. In addition to the base compensation, Withum offers a competitive benefits package and bonus program (for eligible roles) based on individual and firm performance. Final offer amounts are based on multiple factors such as the specific role, hiring location, as well as the individual's skills, experience and qualifications. For additional information on our benefits, visit our website at https://www.withum.com/careers/.

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WithumSmith+Brown, PC is an equal opportunity employer and does not discriminate against otherwise qualified applicants on the basis of race, color, creed, religion, ancestry, age, sex, (including pregnancy), genetic information, marital status, domestic partnership status, familial status, affectional or sexual orientation, gender identity, citizenship status, national origin, disability or handicap, veteran status, weight, height, or any other classification protected by federal, state, or local law.