Manager or Senior Manager, Fixed Assets / Cost Segregation (AMCS)

KPMG LLP; Chicago (IL); Hybrid; USD 150,000 - 190,000; Full time

Job summary

KPMG LLP is seeking a Manager or Senior Manager to lead Fixed Assets and Cost Segregation (AMCS) engagements in Chicago. The role involves managing analyses for construction projects, real estate acquisitions, and energy initiatives, validating cost assumptions, and coordinating with clients and internal teams to ensure accurate depreciation reporting.

The position requires deep technical knowledge in tax depreciation, asset classification, and data-driven workflows, with opportunities to mentor

Qualifications

• Minimum five years of recent experience in cost segregation and fixed asset analyses.
• Strong understanding of construction processes and asset classifications.
• Experience with large project cost datasets and technical documentation.

Responsibilities

• Manage and perform cost segregation and fixed asset analyses for construction projects, real estate acquisitions, and sustainability initiatives.
• Analyze construction cost data, GL detail, drawings, and capitalization support to determine asset classification and eligible tax costs.
• Oversee site visits and validate cost assumptions across building components.
• Manage client relationships and coordinate with contractors and internal teams for complete analyses.
• Review and deliver engineer-based reports, depreciation analyses, reconciliations, and supporting documents.

Skills

Cost segregation

Fixed asset analysis

Excel

Power Query

Alteryx

Power BI

Tableau

SQL

Python

Data wrangling

Education

Bachelor’s degree in accounting, taxation, engineering, architecture, construction management or related

CPA / EA / JD / LLM or equivalent credential

Tools

Excel

Power BI

Tableau

Power Query

Alteryx

SQL

Python

R

Job description

KPMG is currently seeking a Manager or Senior Manager, Fixed Assets / Cost Segregation (AMCS) to join our Accounting Methods and Credit Services practice.

Responsibilities:

• Manage and perform cost segregation and fixed asset analyses for construction projects, real estate acquisitions, and renewable energy and sustainability initiatives
• Analyze and review construction cost data, general ledger detail, architectural/engineering drawings, and capitalization support to determine asset classification and identify costs eligible for tax treatment
• Oversee site visits and fieldwork to evaluate building components (such as electrical, mechanical, plumbing systems) and validate cost assumptions
• Manage client relationships and collaborate with clients, contractors, and internal teams to gather technical documentation and ensure completeness and accuracy of analyses
• Review and deliver engineering-based reports, depreciation analyses, reconciliations, and supporting documentation, including oversight of tax fixed asset outsourcing engagements (Fed, State, E&P)
• Identify opportunities related to sales tax exemptions (such as utility reviews), process improvements, and data-driven workflow enhancements; participate in business development activities and support go-to-market efforts

Additional Responsibilities for Senior Manager:

• Lead multiple complex engagements and client relationships, drive business development and practice growth, and develop and mentor junior team members while serving as a technical resource across projects

Qualifications:

• Minimum five years of recent experience in an engineering firm, corporation, or public accounting firm; experience in cost segregation, fixed asset consulting, construction, engineering, or a related technical field
• Bachelor’s degree from an accredited college/university in accounting, taxation, engineering, architecture, construction management or a closely related discipline is required
• Strong understanding of construction processes and building systems, and how project costs translate into asset classifications; Knowledge of federal income tax depreciation principles and accounting for capital expenditures
• Licensed CPA, EA or JD/LLM, in addition to others on KPMG’s approved credential listing; any individual who does not possess at least one of the approved designations/credentials when their employment commences, has one year from their date of hire to obtain at least one of the approved designations/credentials; should you like to see the complete list of currently approved designations/credentials for the hiring practice/service line, your recruiter can provide you with that list
• Experience managing multiple engagements, reviewing technical analyses, and working with large project cost datasets and technical documentation
• Strong proficiency in Excel (such as advanced formulas, pivot tables, lookups) and experience working with structured data from financial or operational systems; demonstrated experience or strong aptitude with data wrangling/automation tools (Power Query, Alteryx), business intelligence tools (such as Power BI, Tableau), or query/scripting languages (such as, SQL, Python, R)

Additional Qualifications for Senior Manager:

Minimum eight years of experience with demonstrated ability to lead complex engagements, manage client relationships, drive business development initiatives, and mentor and develop team members