Staff Accountant, Hotel Accounting

Employer
Park Hotels & Resorts
Location
Mclean, VA
Posted
Oct 13, 2017
Closes
Oct 16, 2017
Function
Accountant
Hours
Full Time
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.What will I be doing? The Staff Accountant is responsible for the accounting function for the company's hotel portfolio. This involves interaction with hotel finance teams and ensuring the accounting is completed in accordance with accounting pronouncements and legal agreements for these hotels. The Analyst is responsible for monitoring status and completion of all tasks, ensuring timely completion in accordance with established deadlines, and reporting to accounting leadership and other internal and external parties. Additionally, the Analyst may assist with accounting for fixed assets, debt, cash and joint venture accounting. The analyst may also be asked to assist with corporate accounting activities.Primary responsibilities of this position include:Responsible for monthly close of financial statements related to assigned hotel portfolio in accordance with Generally Accepted Accounting Principles (GAAP) and/or local accounting standards, as well as the company's own accounting policies, to include recording of journal entries, analysis, inquiries, and review.Review the accounting activities associated with hotel operating activity, including proper recording of fees, working capital and intercompany lease expense.Perform variance analysis against prior year, forecasts and budgets as necessary.Participate and/or assist the supervisor in special projects such as hotel sales, hotel purchases, debt refinancing, and any other aspects related to accounting for the company's hotel portfolio.Responsible for having a good working knowledge of the related legal agreements and, with coaching from their supervisor, ensuring that transactions are accounted for in compliance with the terms of the applicable agreements, that risks associated with the contracts are assessed and minimized, and decisions are evaluated against the appropriate agreements.Interfaces with stakeholders from other departments (Legal, Tax, Asset Management).Understanding of accounting internal control policies and procedures to ensure the internal control environment is maintained for all aspects of hotel operations accounting and provides supporting documentation to internal and external auditors regarding completion of control procedures.Coordinate with internal and external auditors to provide requested documentation supporting accounting transactions. Disseminate, organize and communicate regarding assignments and projects within the department and with senior leaders/constituents from other departments.Implement and manage team goals to ensure strategies and directives of department are carried out and in accordance with department and company objectives.What qualifications are needed?Minimum two years experience in Finance and AccountingProficiency in Microsoft Excel, Word and WindowsAbility to work extended hours as neededAll qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, citizenship, disability or protected veteran status.McLean,Virginia