Managing Director - Cost Segregation
: Job Details :


Managing Director - Cost Segregation

Colliers International

Location: Chicago,IL, USA

Date: 2024-09-12T03:29:29Z

Job Description:

Make your next move an expert one.

At Colliers, it's not our success that sets us apart; it's how we achieve it. Our people are passionate, take ownership, and always do what's right for our clients, people, and communities.

Why Colliers?

Our enterprising environment needs your expertise to facilitate Colliers' continued growth as an industry leader. Our nimble, decentralized culture can provide you with a wealth of opportunities to learn about our business and quickly gain experience to accelerate your career.

This position is a hybrid role based out of the local market office.

About you

An enterprising, enthusiastic, and collaborative team player, you have the expertise and ability to bring fresh ideas and create impactful work. You help clients maximize tax savings by taking advantage of tax credits and incentives by analyzing fixed assets via cost segregation studies and federal tax depreciation method reviews.

In this role, you will...

  • Conduct research and apply relevant tax codes to determine appropriate recovery periods and in-service dates.
  • Perform site inspections to identify all depreciable properties.
  • Conduct takeoffs using blueprints and physical site inspections.
  • Prepare detailed analyses of construction costs and the depreciable tax basis of recently constructed, acquired, or renovated properties and look back studies.
  • Estimate unit costs using costing programs such as RS Means and industry-standard techniques.
  • Review clients' historical fixed asset depreciation schedules, current year capital maintenance plans, and repair and maintenance costs for accurate tax accounting.
  • Analyze construction cost ledgers, contractor payment applications, and other cost documentation, reconciling them with accounting records.
  • Evaluate property data through records, appraisals, and tax assessments.
  • Write reports and prepare forms (e.g., IRS 3115) to support analysis findings.
  • Train staff and expand the practice.

What you'll bring

  • Undergraduate degree in Engineering, Architecture, Building Construction, or related field.
  • 10+ years of direct cost segregation experience and/or capital asset accounting and depreciation.
  • 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).
  • Strong knowledge 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.
  • Confidence and professionalism to effectively communicate via email, phone, and in person.
  • Computer proficiency in MS Office (Outlook, Word, Excel, and PowerPoint).

Direct applicants only please, no agencies.

Colliers provides equal employment opportunity to all persons. No employee or applicant for employment will be discriminated against because of race, creed, origin, marital status, sexual orientation, age, otherwise qualified disabled or veteran status, or any other characteristic protected by law. If you are a qualified applicant who requires reasonable accommodation to complete a job application, pre-employment testing, a job interview, or to otherwise participate in the hiring process, please contact ...@colliers.com.

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