Capital Assets Accountant

We’re always looking for talent that believes in having fun. At PENN Entertainment, you’ll get to be a part of an exciting industry, where the days and nights are fast paced. You’ll work with an incredibly diverse set of coworkers driven by their enthusiasm for helping people find and have more fun. You’ll also get to work at a company that cares about your career growth and will help you get the support you need to expand your possibilities.

Initial placement within the salary range is based on an individual's relevant knowledge, skills, and experience. Base salary is just one component of our competitive Total Rewards package, which includes wellness programs designed to support our team members' financial, physical, and mental well-being. Specific benefits—such as day-one medical coverage, 401(k) matching, and annual performance bonus—may vary by position. Paid time off is earned according to the local policy and increases with the length of employment.

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*REMOTE POSITION*

The Capital Assets Accountant is responsible to perform fixed asset accounting functions of closing CIP projects to fixed assets, tracking and closing PO’s related to capital projects, enter assets in Oracle, prepare cost segregations as applicable, prepare reconciliations, generate monthly depreciation/amortization reports and journal entries, and update routine and ad hoc reports. The Accountant must exercise effective communication skills, exhibit strong cost accounting acumen, collaborating effectively with team members located in different offices throughout the US, and offer suggestions and support for improving practices and processes within a dynamic environment.

• Review CIP project costs to ensure cost are applicable to project and PO’s are fully paid, when project is complete and all costs incurred, close out project costs and enter costs as assets in Oracle fixed asset system.
• Verify PO’s are fully received or follow up to address remaining outstanding commitments.  
• Prepare cost segregations for larger / more complex projects for creation of assets.
• Prepare fixed asset disposal and asset transfer journal entries with proper documentation from properties ensuring all Oracle books are recorded appropriately.
• Function as a Strong User of the Oracle Fixed Assets and Project Accounting applications, understanding all fields to be populated for the asset records and ensuring all books – including GAAP and other Tax books, are updating accurately.
• Prepare depreciation and amortization journal entries for all applicable assets generating the applicable Oracle report and validating the monthly amounts.
• Prepare monthly asset roll-forwards for the properties as applicable and directed by Senior or Manager.
• Prepare monthly reconciliations of CIP, and fixed asset accounts ensuring support documentation and subsidiary ledger detail ties to general ledger and ARCS balances.
• Perform other accounting, analysis, or requested work as needed by Capex Seniors or Managers.
• Provide support for internal and external audit requests, including sales/use tax audit and property tax requests, coordinating/managing/tracking the preparation of requested documentation and analyses.
• Communicate proactively with other Capex Staff, Seniors, Managers and Director and Outside Team Members as applicable for all Capex related activities.

To 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.
• Strong knowledge of accounting concepts and understanding of monthly, quarterly and year end close processes.
• Working knowledge and experience of job cost accounting system and fixed asset tax system preferred.
• Experience with Oracle Cloud suite. General Ledger, Projects, Account Reconciliation.
• Strong Microsoft Excel and Word skills helpful.
• 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 audience.
• Attentive to details with ability to translate into the “big” picture.
• Regularly and proactively communicates work progress, concerns, and questions in an open and forthright manner.
• Employee must be able to qualify for licenses and permits required by federal, state and local regulations.

We’ve grown to become the leading provider of integrated entertainment, sports content, and casino gaming experiences thanks to our 43 destinations across North America, online sports betting and iCasino via ESPN BET™ and theScore Bet Sportsbook and Casino®.

Being an industry leader means more than being a purveyor of fun. We are also committed to values like diversity and sustainability — for our community, our team members, our vendors, and our planet. 

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Equal Opportunity Employer