What are the responsibilities and job description for the Cost Segregation Director position at Whitman Transition Advisors Job Community?
The Director, Cost Segregation, will lead The cost segregation practice within the Advisory Services Group. The role will interact with the firm's Real Estate Services Group. This role involves managing and conducting detailed cost segregation analyses to maximize tax savings for clients through accelerated depreciation strategies. The ideal candidate will be responsible for technical knowledge, client relations, project execution, and team leadership while driving growth and thought leadership in the cost segregation service line. Broader valuation experience is a plus.
RESPONSIBILITIES:
- Serve as a trusted advisor for clients, providing expert guidance on cost segregation strategies and opportunities.
- Review real estate portfolios to identify assets eligible for accelerated depreciation and other tax incentives.
- Deliver high-quality client reports, including detailed analyses and tax-saving recommendations.
- Lead and manage cost segregation studies, ensuring timely and accurate delivery.
- Coordinate with internal tax teams, engineers, and valuation specialists to execute studies effectively.
- Stay updated on federal and state tax law changes affecting real estate and cost segregation.
- Develop and maintain relationships with real estate developers, owners, and investors to grow the cost segregation practice.
- Participate in marketing initiatives, including webinars, whitepapers, and networking events.
- Identify cross-selling opportunities within the firm’s broader service offerings.
- Mentor and develop junior team members, providing training on cost segregation methodologies.
- Oversee team performance, ensuring alignment with firm goals and client expectations.
- Foster a collaborative and innovative work environment.
Qualifications:
Education:
- Bachelor's degree in Accounting or related field. Valuation credentials are a plus.
Experience:
- Minimum 7–10 years of experience in cost segregation or a related area, with leadership roles in a public accounting or consulting firm.
- Strong knowledge of tax depreciation rules, engineering principles, and IRS guidelines.
- Expertise in real estate tax planning and cost segregation studies.
- Exceptional analytical and problem-solving abilities.
- Strong communication and presentation skills.
- Proficiency in tax software and Microsoft Office Suite.
Compensation:
- Competitive annual salary in the range of $150,000 to $250,000, based on individual’s experience level.
Attributes:
- Accountability: Follows through on commitments, does what you say you will do, even requiring some personal sacrifice.
- Communicates Effectively: Delivers messages in a clear and concise manner, listens attentively.
- Strong Interpersonal Skills: Relates comfortably to all levels of people, both internally and externally.
- Nimble Learner: Learns quickly when facing new situations, willingly takes on the challenge of unfamiliar tasks.
- Technical Proficiency: Deals with technical issues comfortably and can complete work at a high level of proficiency.
- Technologically Proficient: Ability to apply technology solutions to work.
- Being Resilient: Shows confidence under pressure, maintains a positive attitude despite adversity.
- Action Oriented: Proactively seeks out new and challenging work.
- Trustworthiness: Keeps confidences and develops a reputation for being honest and ethical.
Salary : $150,000 - $250,000
