Loews Hotels, LLC.
Project Accountant, Capital & Development Projects
Loews Hotels, LLC., New York, New York, us, 10261
Headquartered in New York City, located in the heart of Midtown Manhattan, our Loews Hotels & Co Home Office teams support our properties throughout the United States. Our talented teams provide guidance over strategic planning, operations, revenue management, communications, sales, development, brand marketing, finance, human resources and information technology.
Who We Are: Founded in 1960, Loews Hotels & Co operates iconic hotels and resorts across the U.S. Together, our diverse and welcoming teams craft exceptional experiences in iconic destinations.
Growth and belonging start here ; you'll be valued for who you are and the goals you have. Whether your next career chapter involves making memories for guests or supporting our properties in our Corporate Office, every role-from Guest Services to Finance, Culinary to IT-offers opportunities to grow and make a meaningful impact.
Creating a Team Member experience where you belong no matter what race, color, religion, sex, sexual orientation, gender identity, national origin, veteran or disability status that makes you, you is a daily focus for us.
What We Offer:
Competitive health & wellness benefits, 401(k) & company match
Paid Sick Days, Vacation, and Holidays, Paid Bereavement
Pet Insurance and Paid Pet Bereavement
Training & Development opportunities, career growth
Tuition Reimbursement
Team Member Hotel Rates, other discounts, perks and more
Many of our Leadership positions are bonus eligible
What We’re Looking For: As a Project Accountant, you'll be a strategic partner to our Home Office leadership, driving financial excellence across centrally managed capital projects and new developments. Your work will shape the financial integrity of our initiatives, ensuring precision in reporting, compliance in execution, and seamless project closeouts. This role contributes directly to the success of our hospitality portfolio by elevating finance operations and continually enhancing controls and reporting.
Who You Are:
A proactive financial partner who collaborates seamlessly with leadership to drive project success from budgeting to closeout
Detail-driven, ensuring accuracy and compliance across complex capital and development initiatives
A strategic thinker who brings clarity to financial reporting and elevates project controls through smart analysis
A clear and confident communicator who builds trust across departments and vendors with clear, timely, and solution-oriented dialogue
Results-focused, thrives in fast-paced environments and takes pride in delivering financial excellence in hospitality projects
Veterans and military spouses are encouraged to apply
What You’ll Do: Project Tracking & Accounting (Includes Centrally Managed Projects and New Development Project Accounting)
Effectively communicate with various discipline leaders regarding contract documents, change orders and other contract modifications and approvals
Coordinate and manage Purchase Orders/Commitments for contract and other applicable services ensuring compliance
Coordinate and manage change order requests in Oracle for line level budget changes per policy for capital, operating and development projects
Review vendor invoices per established Finance Policy
Manage vendors and contractor relationships as it relates to invoice and payment information; Investigate queries and follow up for timely payment
Update and maintain Project Final Cost (PFC) Reports and cash flow projects for all projects
Verify all data for accuracy on the PFC Reports
Prepare monthly invoice/draw package (when applicable) including all applicable backup for new development projects
Support the Project Manager in preparation of contracts and supporting documents in pay application review and approval
Review open PO and Project Close Out Aging report for support projects
Attend monthly PFC Report review meeting with project management team
Reporting & Month End Journal Entries
Prepare daily, weekly and monthly project status reports and exception reporting
Provide analytical support to effectively manage capital project cash flow and expenditures
Prepare and submit miscellaneous project cost postings in Oracle
Contracts
Review contract related Purchase Requisitions to ensure requests follow the Contract and Purchasing Policy
Maintain change log and facilitate change orders when necessary
Maintain Contract Project Tracker
Ensure Purchase Order numbers are entered in Docusign CLM
Project Management - Oracle
Monitor payables module and ensure invoice holds/exceptions are addressed on a weekly basis
Liaison with Accounts Payable and Financial Services Center team members to troubleshoot Oracle Project/PO related questions
Other
Assist with any updates to Loews Hotels Policies & Procedure Manual as needed
Attend all required training sessions and meetings
Perform other duties as assigned
May be required to work varying schedules to reflect business needs
Regular attendance in conformance with company policy and standards
Your Qualifications Include:
Bachelor's degree in finance, accounting, or relevant/similar discipline required
2 - 4 years of project accounting or similar experience required
Must have understanding and knowledge of basic accounting principles
Previous experience in Facilities/Construction and/or similar field preferred
Advanced computer skills, specifically in construction management software and Microsoft Office (Excel, Word, PowerPoint, Teams); experience with databases
Demonstrated ability to work with cross-functional teams and senior stakeholders
Strong written and verbal communication skills and interpersonal skills
Must be highly detail oriented with the ability to manage large volumes of data
Excellent time management skills
Willingness and ability to travel approximately 10% of the time
Salary range for this position, based on experience, is $64,350.00 to $80,000.00.
#J-18808-Ljbffr
Who We Are: Founded in 1960, Loews Hotels & Co operates iconic hotels and resorts across the U.S. Together, our diverse and welcoming teams craft exceptional experiences in iconic destinations.
Growth and belonging start here ; you'll be valued for who you are and the goals you have. Whether your next career chapter involves making memories for guests or supporting our properties in our Corporate Office, every role-from Guest Services to Finance, Culinary to IT-offers opportunities to grow and make a meaningful impact.
Creating a Team Member experience where you belong no matter what race, color, religion, sex, sexual orientation, gender identity, national origin, veteran or disability status that makes you, you is a daily focus for us.
What We Offer:
Competitive health & wellness benefits, 401(k) & company match
Paid Sick Days, Vacation, and Holidays, Paid Bereavement
Pet Insurance and Paid Pet Bereavement
Training & Development opportunities, career growth
Tuition Reimbursement
Team Member Hotel Rates, other discounts, perks and more
Many of our Leadership positions are bonus eligible
What We’re Looking For: As a Project Accountant, you'll be a strategic partner to our Home Office leadership, driving financial excellence across centrally managed capital projects and new developments. Your work will shape the financial integrity of our initiatives, ensuring precision in reporting, compliance in execution, and seamless project closeouts. This role contributes directly to the success of our hospitality portfolio by elevating finance operations and continually enhancing controls and reporting.
Who You Are:
A proactive financial partner who collaborates seamlessly with leadership to drive project success from budgeting to closeout
Detail-driven, ensuring accuracy and compliance across complex capital and development initiatives
A strategic thinker who brings clarity to financial reporting and elevates project controls through smart analysis
A clear and confident communicator who builds trust across departments and vendors with clear, timely, and solution-oriented dialogue
Results-focused, thrives in fast-paced environments and takes pride in delivering financial excellence in hospitality projects
Veterans and military spouses are encouraged to apply
What You’ll Do: Project Tracking & Accounting (Includes Centrally Managed Projects and New Development Project Accounting)
Effectively communicate with various discipline leaders regarding contract documents, change orders and other contract modifications and approvals
Coordinate and manage Purchase Orders/Commitments for contract and other applicable services ensuring compliance
Coordinate and manage change order requests in Oracle for line level budget changes per policy for capital, operating and development projects
Review vendor invoices per established Finance Policy
Manage vendors and contractor relationships as it relates to invoice and payment information; Investigate queries and follow up for timely payment
Update and maintain Project Final Cost (PFC) Reports and cash flow projects for all projects
Verify all data for accuracy on the PFC Reports
Prepare monthly invoice/draw package (when applicable) including all applicable backup for new development projects
Support the Project Manager in preparation of contracts and supporting documents in pay application review and approval
Review open PO and Project Close Out Aging report for support projects
Attend monthly PFC Report review meeting with project management team
Reporting & Month End Journal Entries
Prepare daily, weekly and monthly project status reports and exception reporting
Provide analytical support to effectively manage capital project cash flow and expenditures
Prepare and submit miscellaneous project cost postings in Oracle
Contracts
Review contract related Purchase Requisitions to ensure requests follow the Contract and Purchasing Policy
Maintain change log and facilitate change orders when necessary
Maintain Contract Project Tracker
Ensure Purchase Order numbers are entered in Docusign CLM
Project Management - Oracle
Monitor payables module and ensure invoice holds/exceptions are addressed on a weekly basis
Liaison with Accounts Payable and Financial Services Center team members to troubleshoot Oracle Project/PO related questions
Other
Assist with any updates to Loews Hotels Policies & Procedure Manual as needed
Attend all required training sessions and meetings
Perform other duties as assigned
May be required to work varying schedules to reflect business needs
Regular attendance in conformance with company policy and standards
Your Qualifications Include:
Bachelor's degree in finance, accounting, or relevant/similar discipline required
2 - 4 years of project accounting or similar experience required
Must have understanding and knowledge of basic accounting principles
Previous experience in Facilities/Construction and/or similar field preferred
Advanced computer skills, specifically in construction management software and Microsoft Office (Excel, Word, PowerPoint, Teams); experience with databases
Demonstrated ability to work with cross-functional teams and senior stakeholders
Strong written and verbal communication skills and interpersonal skills
Must be highly detail oriented with the ability to manage large volumes of data
Excellent time management skills
Willingness and ability to travel approximately 10% of the time
Salary range for this position, based on experience, is $64,350.00 to $80,000.00.
#J-18808-Ljbffr