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Senior Associate 1, Federal Credits, Incentives & Methods

2 - 7 years

11 - 13 Lacs

Posted:3 months ago| Platform: Naukri logo

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Job Type

Full Time

Job Description

Job Description Your job duties will be focused around three core concepts - Technical & Quality Expertise, People & Talent Management, and Client Service/Business Development: Prepare detailed analyses of building construction project costs and acquired property depreciable tax basis (cost segregation studies). Tasks include preparing quantity takeoffs, cost estimating, analyzing construction cost documentation, physically inspecting client facilities, researching relevant tax authority, preparing engagement documentation, and drafting reports for clients. Review clients historical fixed asset depreciation schedules and current year capital maintenance, repair and improvement expenditures for proper tax accounting treatment and accurate maintenance of tax depreciation in a variety of software packages (fixed asset management). Tasks may include reviewing and developing import files compatible with software packages, uploading current year asset addition/disposition data, maintaining Microsoft Excel roll-forward schedules, updating historical asset records within the software, and preparing IRS Form 3115 s. Train and develop TPS staff - approximately 10-20% of time. Interface directly with clients to answer questions and/or collect necessary information for tax depreciation planning and cost segregation service requirements. Basic Qualifications : Bachelors degree in construction management, engineering, architecture or accounting/business management (with construction experience, or basic construction knowledge). 3+ years of related experience in construction engineering or management, construction cost estimating, cost segregation or capital asset accounting and depreciation. Proficient with Microsoft Office Suite software - specifically Excel and Word. Organized, detail-oriented, strong written and verbal communication skills. Ability to work collaboratively in a team setting to deliver outstanding client service. Ability to interpret construction drawings. Strong knowledge of building systems, construction techniques, and construction documentation (i. e. AIA forms G702 and G703, change order logs, project cost summaries, etc. ). Strong knowledge of construction cost estimating techniques (i. e. Marshall & Swift Valuation Service, R. S. Means). General understanding of Federal tax law relating to fixed assets and depreciation (Section 1245 and 1250 property, Rev Proc. 87-56, IRC 168, etc. ), Federal tangible property regulations and the Tax Cuts and jobs Act. At RSM, we offer a competitive benefits and compensation package for all our people. We offer flexibility in your schedule, empowering you to balance life s demands, while also maintaining your ability to serve clients. Learn more about our total rewards at https://rsmus. com/careers/india. html . Accommodation for applicants with disabilities is available upon request in connection with the recruitment process and/or employment/partnership. RSM is committed to providing equal opportunity and reasonable accommodation for people with disabilities. If you require a reasonable accommodation to complete an application, interview, or otherwise participate in the recruiting process, please send us an email at careers@rsmus. com .

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RSM India
RSM India

Business Consulting and Services

Mumbai Maharashtra

1001-5000 Employees

49 Jobs

    Key People

  • Nirmal S. Jain

    Managing Partner
  • Ashish Kumar

    Partner