RSM US LLP

Senior Associate 1, Federal Credits, Incentives & Methods - Tangible Property Services

RSM US LLP  •  Hyderabad, IN (Onsite)  •  11 days ago
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Job Description

We are the leading provider of professional services to the middle market globally, our purpose is to instill confidence in a world of change, empowering our clients and people to realize their full potential. Our exceptional people are the key to our unrivaled, inclusive culture and talent experience and our ability to be compelling to our clients. You’ll find an environment that inspires and empowers you to thrive both personally and professionally. There’s no one like you and that’s why there’s nowhere like RSM.

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

  • Bachelor's 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

RSM does not tolerate discrimination and/or harassment based on race; colour; creed; sincerely held religious beliefs, practices or observances; sex (including pregnancy or disabilities related to nursing); gender (including gender identity and/or gender expression); sexual orientation; HIV Status; national origin; ancestry; familial or marital status; age; physical or mental disability; citizenship; political affiliation; medical condition (including family and medical leave); domestic violence victim status; past, current or prospective service in the Indian Armed Forces; Indian Armed Forces Veterans, and Indian Armed Forces Personnel status; pre-disposing genetic characteristics or any other characteristic protected under applicable provincial employment legislation.

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

RSM US LLP

About RSM US LLP

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RSM is the leading provider of assurance, tax and consulting services to the middle market. With over 17,000 professionals across the U.S. and Canada and a global presence in 120 countries, our purpose is to deliver the power of being understood to our clients, colleagues and communities. As first-choice advisors, we are focused on developing leading professionals and innovative services to meet our clients’ evolving needs in today’s ever-changing business environment.

At RSM, we strive to deeply understand the full picture of an employee’s individual skills and passions. Our culture empowers you to own your career to reach your goals and make a meaningful impact on the world around you. Gain limitless opportunities to grow forward personally and professionally. Don’t just go forward. #GrowForwardatRSM

For more information, visit rsmus.com

Learn how you can #GrowForwardatRSM visit www.rsmus.com/careers

Industry
Accounting & Tax
Company Size
10,000+ employees
Headquarters
Chicago, Illinois
Year Founded
1926
Website
rsmus.com
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