Staff Accountant, Capital Projects

Park Hotels & Resorts

1d•Hybrid

About The Position

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 portfolio of hotels. The role manages the CAPEX lifecycle, including contract and invoice analysis, asset capitalization, depreciation forecasting, and fixed asset reconciliation. It applies GAAP and the Company’s capitalization policy to evaluate and enter invoices, resolve discrepancies, and ensure capital activity is accurately and timely reported. The position operates with a high degree of independence and partners with Accounts Payable, Design and Construction, Asset Management, Hotel and Corporate Accounting, and accounting staff at individual hotels. It is full-time, with in-person requirements Monday through Thursday and optional remote work on Friday.

Requirements

Bachelor’s degree in Accounting or Finance.
At least 1 year of accounting experience involving reconciliations, journal entries, account analysis, and close activities.
Ability to analyze financial data, identify discrepancies, investigate root causes, and recommend appropriate accounting treatment.
Ability to succeed in a deadline-oriented environment with multiple priorities.
Proficiency in Excel, including lookups, pivot tables, and data analysis functions.

Nice To Haves

2–5 years of accounting experience.
Experience working with Oracle Cloud ERP.
Experience in fixed asset accounting and reconciliation.
Experience in a multi-ownership, multiple-business-unit environment.
Understanding of REITs.

Responsibilities

Evaluate contracts and invoices and determine appropriate accounting treatment in accordance with GAAP and the Company’s fixed asset capitalization policy.
Input and code capital expenditure invoices in the accounting system.
Establish and maintain capital projects in the accounting system, ensuring accuracy, coding integrity, and lifecycle reporting from project inception through capitalization.
Monitor construction-in-progress accounts and activity and coordinate timely capitalization of completed assets.
Prepare monthly and quarterly hotel fixed asset reporting deliverables, including journal entries, account reconciliations, capital expenditure accrual analyses, and depreciation forecasts.
Assist the Director, Project Accounting with preparation of the monthly fixed asset rollforward.
Investigate variances, unusual transactions, and account fluctuations; research issues independently and recommend appropriate resolutions.
Partner with cross-functional stakeholders on 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 in capital project accounting workflows.
Contribute to broader accounting and financial reporting initiatives as team and Company needs evolve.
Complete additional projects and assignments as needed.