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Cost Segregation Associate Jobs in Utah (NOW HIRING)

Cost Segregation Associate information

What are the key skills and qualifications needed to thrive as a Cost Segregation Associate, and why are they important?

To thrive as a Cost Segregation Associate, you need a strong background in accounting, finance, or engineering, often supported by a relevant degree or professional certification such as CPA. Familiarity with tax software, AutoCAD, and cost estimation tools is typically required to accurately analyze and document property components. Exceptional analytical thinking, attention to detail, and clear communication skills are crucial for interpreting regulations and conveying findings to clients or team members. These competencies ensure accurate tax savings, regulatory compliance, and effective client service in this specialized field.

What are the primary challenges a Cost Segregation Associate faces when working on property analyses?

Cost Segregation Associates often encounter challenges such as gathering detailed construction documentation, interpreting architectural and engineering drawings, and ensuring compliance with tax regulations. They must work closely with property owners, accountants, and engineers to obtain accurate data and classify building components correctly for depreciation purposes. Effective communication and strong analytical skills are crucial, as associates often juggle multiple projects with tight deadlines while maintaining accuracy in their reports.

What is a Cost Segregation Associate?

A Cost Segregation Associate is a professional who helps property owners identify and classify components of a building for accelerated depreciation purposes. They analyze construction costs and building features to separate personal property from real property, which can lead to significant tax savings. Typically, Cost Segregation Associates work with engineers, accountants, and tax professionals to maximize the tax benefits for clients. Their role involves site inspections, cost analysis, and preparing detailed reports for tax documentation.

What is the difference between Cost Segregation Associate vs Cost Segregation Analyst?

AspectCost Segregation AssociateCost Segregation Analyst
CredentialsTypically requires a bachelor's degree in accounting, finance, or related field; certifications like CPA or ASA are commonSimilar credentials; often holds CPA, ASA, or related certifications
Work EnvironmentWorks in accounting firms, engineering firms, or real estate companies; involved in property assessments and reportsSimilar work environment; focuses on analyzing property data and preparing reports
Industry UsageUsed in real estate, construction, and accounting industries for tax planningCommonly used in similar industries for property valuation and tax benefits

Both roles involve analyzing property data to optimize tax benefits through cost segregation studies. The main difference lies in job titles used by firms; they often perform similar tasks and require comparable credentials. The choice of title may depend on company preference or specific project scope.

What are the most commonly searched types of Cost Segregation jobs in Utah? The most popular types of Cost Segregation jobs in Utah are:
What cities in Utah are hiring for Cost Segregation Associate jobs? Cities in Utah with the most Cost Segregation Associate job openings:

Metals Management Coordinator (21665)

Norsk Hydro

Spanish Fork, UT

Other

Medical, Dental, Life, Retirement

Posted 12 days ago


Job description

Hydro Extrusions is a world-leading aluminium extrusion business counting around 100 production sites in 40 countries and employing 20,000 people. Through our unique combination of local expertise, global network, and unmatched R&D capabilities, we can offer everything from standards profiles to advanced development and manufacturing for most industries.  Since 1905, Hydro has turned natural resources into valuable products for people and businesses with focus on a safe and good workplace for our 30,000 employees in more than 140 locations.

What we offer you
  • Medical, Rx, Dental, Disability, Life Insurance, Flexible Spending Accounts 

  • Retirement Savings Plans with Company Match/Contributions 

  • Education Assistance 

  • Bonus Plan Eligibility 

  • Parental Leave 

Job Summary: Coordinates management of raw materials for the Spanish Fork operation, with a primary focus on purchased scrap, to increase Cast House PU scrap utilization and achieve financial targets through lowest-cost charge planning.

What you will be doing
  • Coordinate supply line processes for incoming scrap from supplier to delivery (Packaging, Carriers, Delivery Expectations, Scheduling, On-Site Segregation) Maintain daily and monthly attainment processes.
  • Coordinate with Corporate Metal Procurement to seek out PU Scrap sources that align with increasing the purchased scrap utilization rate while maintaining/improving historical spread variance.
  • Coordinate Vendor qualification process to include maintain and track performance, coordinate quality checks to verify continued adherence to quality expectations, oversee the DMR processes for scrap.
  • Coordinate with Cast House resources to create opportunities to utilize different types of scrap to accommodate low cost charge planning while protecting alloy analysis "first time right."
  • Coordinate {monitor and evaluate} one time opportunities for scrap purchases.
  • Coordinate {monitor and evaluate} consignment opportunities for scrap.
  • Tracking Scrap Receipts and PO's with weekly and month end reconciliation reporting.
  • Evaluate RSI chemistries and make recommendations on utilization vs. sale options to increase other purchase scrap types along with investigating, evaluating and coordinating scrap sources that can be transitioned into RSI to increase purchased scrap utilization and/or reducing commercial metals expense.
What will make you successful?

Required Education/Experience

  • High School Diploma or GED equivalent. 

Preferred Skills/Qualifications:  

  • Associate's degree preferred.
  • Analytical skills with proven record of solving problems.
  • Organizational skills with proven record of multi-tasking.
  • Basic understanding of the Cast House scheduling, receiving, and charge process.
  • Strong Microsoft Word and Excel.
  • Proven knowledge of raw material alloy chemistries and previous purchasing or buying experience preferred.
Equal opportunities

Hydro in North America is an Equal Opportunity Employer where all phases of employment are based strictly upon the qualifications of the individual as related to the work requirements of the position. This policy is applied without regard to race, sex, sexual orientation, gender identity, religion, national origin, ancestry, age, disability, veteran status, marital status or any other category protected by law. We strive to provide equal opportunities for all to contribute and succeed with us.

If you need an accommodation in order to complete the application, please contact Hydro Recruiting via email at recruiting.north.america@hydro.com