Sr. Capital Assets Accountant

WE’RE CHANGING ENTERTAINMENT. COME JOIN US.

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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WE LOVE OUR WORK.

• The Senior Capital Assets Accountant performs fixed asset accounting functions of closing CIP projects to fixed assets, review journal entries as needed, prepare cost segregations as applicable, prepare reconciliations, create and update routine and ad hoc reports using advanced excel formulas and programming, manage staff accountants as applicable, and address inquiries from various outside property accountants.
• The Senior Capital Assets Accountant is to be a subject matter expert of the BNA fixed assets application, ensuring all GAAP and Tax books are updated correctly. This leader 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.
• Prepare and or review fixed asset addition journal entries, disposals, transfers and other journal entries prepared by others for proper documentation and GAAP and Tax accounting treatment and post journal entries.
• Work with Manager and Director and other personnel for new property acquisitions. Prepare journal entries for new company acquisitions, revalue assets and upload new values, assign asset types, identify intangibles, base stock, & other.
• Prepare and or review depreciation and amortization journal entries for all applicable assets.
• Prepare month end flux analysis to ensure additions, disposals, transfers and depreciation has been appropriately recorded.
• Prepare and/or review monthly asset account roll-forwards for each BNA book and for the properties individually and on a consolidated basis and prepare GAAP to Tax reconciliations as directed by Manager.
• As directed by Manager, revise roll forward formats and cash flow worksheets using advanced excel programming or other applicable options for improved reporting for various departments such as P&A, Financial Reporting as directed.
• Prepare and/or review and maintain key analytics of BNA data and perform other financial analyses as needed and provide suggestions for gaining efficiencies and improving performance.
• Prepare ad hoc reports or modify system generated reports such as depreciation projections as necessary for Capex and other Departments.
• Function as a Subject Matter Expert of the BNA application, ensuring the asset records and tax books are accurate and properly maintained/updated, operations are functioning appropriately, and reports reflect accurate data.
• Maintain and update BNA Asset Types file and other reference data necessary for asset additions.
• Work collaboratively with Manager to provide support to new and existing users of BNA. Answer questions and assist properties for all BNA and fixed asset questions.
• Work with Manager to coordinate tasks for future centralization of Penn entities related to Capital Assets activities.
• Work collaboratively with internal and external consultants and with the Capex team for integration to ERP application.
• Collaborate with corporate and property gaming personnel and ensure that asset records for gaming assets correlate to the records maintained by the property gaming teams, providing process improvement recommendations as directed by Manager.
• 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 as applicable for all relevant project and fixed asset related