Capital Assets Accountant - Project Accounting
Company: Penn National Gaming
Location: Las Vegas
Posted on: January 17, 2020
OverviewDont just work. Work Happy.A career in gaming? At Penn
National Gaming we think youll enjoy an exciting industry,
fast-paced days and nights, diverse, enthusiastic co-workers,
unlimited growth and support from one of the leaders in the
industry.Your daily responsibilities includeSUMMARYThe Staff
Accountant for Project Accounting performs cost accounting
functions for primarily non D&C projects including reviewing of
POs, invoices and contracts; tracking of contract payments;
creating journal entries for cost allocations and accruals;
providing budget to cost reports to project owners and coordinating
with other staff accountants and accounts payable accountants at
the service center, and property personnel. The position also has
responsibility to prepare monthly account reconciliations and
gather support data for sales tax audits; and close project costs
to fixed assets.Theperson must exercise effective communication
skills, exhibit strong cost accounting acumen, function effectively
working with team members located in the service center and at
properties throughout the US.ESSENTIAL DUTIES AND
RESPONSIBILITIESThe following and other duties to be assigned as
- Review CIP project costs to ensure cost are applicable to
project and POs are fully paid, when project is complete and all
costs incurred, close out project costs in CIP and transfer costs
to fixed assets accounts, enter asset data in BNA fixed asset
- Obtain contracts from contract administrator for non D&C
projects and issue tracking POs, creating contract tracking reports
as applicable; updating contract tracking for invoices
- Assist other staff to follow up on issues with POs to address
remaining outstanding commitments; post project accounting
transactions to clear commitments as necessary,
- Prepare JEs to estimate depreciation for large projects that
have been placed in service as needed.
- Prepare journal entries for reclasses and cost allocations such
as payroll overhead allocations, for accruals for work performed
but not invoiced, and for invoiced but not paid; create JEs to push
out monthly costs to properties, track contracts and related
- Prepare cost segregations as needed for D&C or smaller non
D&C projects and create of assets in BNA.
- Prepare reconciliations of project balances, and BNA balances
to general ledger balances; prepare reconciliations for accruals,
and other accounts., assist with preparing roll forwards as
- Review capital purchase request forms submitted from properties
and approve, providing approvals in Coupa and/or project accounting
module, working with other staff or Seniors as applicable.
- Prepare and update various project cost reports for Property
Project Owners and Finance Leaders; coordinating with the
Accountants to send project data to the properties and receive the
- Assist Senior or Manager with preparing and tracking Open
Projects, coordinating projects needing to be closed.
- Interact effectively with buyers, Accounts Payable team and
Property personnel for new vendor set up, and for checks needing to
be processed immediately.
- Proactively provide support for internal and external audit
requests, sales/use tax audits, create reports and provide support
for miscellaneous requests from other departments as required.
- Participate in software application upgrades and
implementations.To be successful in this position it will require
the following skill setQUALIFICATION REQUIREMENTSTo perform this
job successfully, an individual must be able to perform each
essential duty satisfactorily. The requirements listed below are
representative of the knowledge, skill, and/or ability required.
Reasonable accommodations may be made to enable individuals with
disabilities to perform the essential functions. Must be at least
21 years of age.
- Bachelor's Degree in Accounting, Finance, Business Management
or equivalent preferred.
- Project or Construction cost accounting background and/or three
years experience required.
- Working knowledge and experience with a construction accounting
- Strong Microsoft Excel and Word skills.
- Strong analytical and problem-solving skills.
- Ability to work in a high stress, fast paced environment
managing multiple tasks, projects and personnel simultaneously with
a positive, approachable demeanor. Must possess ability to
prioritize conflicting duties for self and accounting department
while maintaining timeline integrity for projects and tasks.
- Ability to multitask and meet deadlines under pressure.
- Self-starter who can work independently with minimal
supervision/oversight by anticipating next steps.
- Able to communicate effectively in both verbal and written
formats and present information appropriately based on the target
- Attentive to details with ability to translate into the big
- Regularly and proactively communicates work progress, concerns,
and questions in an open and forthright manner.LANGUAGE
SKILLSAbility to read and interpret documents in English, such as
safety rules, operating and maintenance instructions and procedure
manuals. Ability to read and communicate verbally in English.
Written communication skills in in English may also be
required.REASONING ABILITYAbility to apply commonsense
understanding to carry out instructions furnished in written, oral,
or diagram form. Ability to deal with problems involving several
concrete variables in standardized situations.CERTIFICATES,
LICENSES, REGISTRATIONSEmployee must be able to qualify for
licenses and permits required by federal, state and local
regulations.PHYSICAL DEMANDSThe physical demands described here are
representative of those that must be met by an employee to
successfully perform the essential functions of this job.
Reasonable accommodations may be made to enable individuals with
disabilities to perform the essential functions.While performing
the duties of this job, the employee is regularly required to stand
and use hands to finger, handle, or feel objects, tools, or
controls. The employee frequently is required to reach with hands
and arms and talk or hear. Specific vision abilities required by
this job include close vision, color vision, and peripheral
vision.The employee must regularly lift and/or move up to 10
pounds, frequently lift and/or move up to 25 pounds, and
occasionally lift and/or move up to 50 pounds, and must have the
ability to push, pull, reach, bend, twist, stoop, stack, crouch,
kneel and balance when performing job duties in varying work areas
such as confined spaces.WORK ENVIRONMENTThe work environment
characteristics described here are representative of those an
employee encounters while performing the essential functions of
this job. Reasonable accommodations may be made to enable
individuals with disabilities to perform the essential functions.
The noise level in the work environment is usually
moderate.Employee could be exposed to an environment containing
unrestricted second-hand tobacco smoke.Something to leave you
withPenn National Gaming is more than you may realize. We have
properties throughout the United States and Canada and are
embarking on an aggressive growth mode. Our departments and areas
of opportunity are ideal for just about any skill set. And our
company-wide commitment to making sure our guests smile as much as
we do means youll enjoy a fun working environment.Now that you have
read about who we are, here is your opportunity to see what we're
about!Location US-NV-Las VegasPosted Date 1 week ago (1/6/2020 2:47
PM)Job ID 2020-71612Casino Property Penn National Gaming,
Inc.Position Type Regular Full-TimeCategory Accounting/Finance
Keywords: Penn National Gaming, Las Vegas , Capital Assets Accountant - Project Accounting, Accounting, Auditing , Las Vegas, Nevada
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