Staff Accountant, Capital Projects

Park-Hotels-; Tysons (VA); Hybrid; USD 65,000 - 90,000; Full time

Benefits offered by this job

Hybrid work schedule

Job summary

Park Hotels & Resorts is seeking a Staff Accountant, Capital Projects to own CAPEX lifecycle, from contract analysis to asset capitalization and depreciation forecasting. You’ll work with Hotels and corporate teams, ensuring accurate reporting and GAAP adherence, with in-person work Monday through Thursday and optional remote on Friday.

Ideal candidates hold a Bachelor's in Accounting/Finance with 1+ year in accounting, strong Excel skills, and comfort with Oracle Cloud ERP and fixed assets

Qualifications

• Bachelor's degree in Accounting or Finance.
• Minimum 1 year experience in Accounting with reconciliations.
• Proficiency in Excel and data analysis.

Responsibilities

• Evaluate contracts and invoices for GAAP treatment.
• Input and code CAPEX invoices in the system.
• Maintain capital projects and lifecycle reporting.
• Prepare fixed asset reporting and depreciation forecasts.
• Assist with monthly fixed asset rollforward.
• Collaborate with cross-functional stakeholders.
• Identify process improvements and internal controls.

Skills

GAAP

Excel

Data analysis

Journal entries

Education

Bachelor's degree in Accounting or Finance

Tools

Oracle Cloud ERP

Excel

Job description

Park Hotels & Resorts invests not only in properties, but also in people. We attract visionary and collaborative team members who love being value creators. Full of pride and possibility, our team is experienced, supportive, and best in class. Take your career further by joining a place that’s powered by people. Enjoy a level of loyalty and comfort that inspires career fearlessness and fosters creative freedom. At Park, you’ll find career opportunities as impressive as the world-class properties in which we invest. We look forward to receiving your application today.The Staff Accountant, Capital Projects is a core member of the Accounting team, responsible for the integrity and accuracy of the Company's capital expenditure reporting across a dynamic portfolio of hotels. This role owns the full CAPEX lifecycle — from contract and invoice analysis through asset capitalization, depreciation forecasting, and fixed asset reconciliation — and is expected to exercise sound accounting judgment at every stage. The Staff Accountant operates with a high degree of independence, applying GAAP and the Company's capitalization policy to evaluate and input invoices, resolve discrepancies, and ensure that capital activity is reflected accurately and on time. This position serves as a key partner to Accounts Payable, Design and Construction, Asset Management, Hotel and Corporate Accounting, and works directly with the accounting staff at the individual hotels – requiring the ability to communicate clearly and collaborate effectively across a complex, multi-entity environment. This is a full-time position with in-person requirements Monday through Thursday and optional remote work available on Friday.What will I be doing?Apply accounting knowledge and professional judgment to evaluate contracts and invoices, determining appropriate accounting treatment in accordance with GAAP and the Company's fixed asset capitalization policy.Input and code CAPEX invoices in the accounting system.Establish and maintain capital projects within the accounting system with full ownership of accuracy, coding integrity, and lifecycle reporting — from project inception through capitalization of the completed project.Monitor construction-in-progress (CIP) accounts and activity and coordinate timely capitalization of completed assets.Prepare monthly and quarterly hotel fixed asset reporting deliverables, including but not limited to journal entries, account reconciliations, CAPEX accrual analyses, and depreciation forecasts.Assist Director, Project Accounting with the preparation of the monthly fixed asset rollforward.Investigate variances, unusual transactions, and account fluctuations and be able to independently research issues and recommend appropriate resolutions.Partner with cross-functional stakeholders to address fixed asset or project-related capitalization questions and ensure reporting is complete and accurate.Identify opportunities to improve processes, strengthen internal controls, and increase efficiency within capital project accounting workflows.Contribute to broader accounting and financial reporting initiatives as the team's and Company’s needs evolve.Complete additional projects and assignments as needed.What qualifications do I need?Bachelor's degree in Accounting or FinanceMinimum 1 years experience in Accounting with responsibility for reconciliations, journal entries, account analysis and close activitiesDemonstrated ability to analyze financial data, identify discrepancies, investigate root causes, and recommend appropriate accounting treatment.Ability to succeed in an intensely deadline-oriented environment with multiple prioritiesProficiency in Excel, including lookups, pivot tables and data analysis functionsWhat capabilities would it be advantageous to have?2-5 years experience in AccountingExperience working with Oracle Cloud ERPExperience in fixed asset accounting and reconciliationExperience in a multi-ownership, multiple business unit environmentUnderstanding of REITsAll qualified applicants will receive consideration for employment without regard to age, race, color, religion, sex, sexual orientation, gender identity, national origin, ethnicity, citizenship, disability, protected veteran status or any other category protected by federal, state or local law.Tysons,Virginia