Welltower

SUMMARY

Responsible for performing accounting functions in one or more functions related to Welltower’s operational accounting, may include but not limited to: accounting for new and existing lease and loan agreements, accounts receivable, straight-line rent, accounting for fixed assets, construction and development, property operating expenses, and/or recovery of property operating expenses (including the prepaid or accrual associated with those expenses); with emphasis on account analysis, journal entries and account reconciliations in accordance with U.S. Generally Accepted Accounting Principles (US GAAP), SOX requirements and Company policy.

KEY RESPONSIBILITIES

• Perform accounting and financial reporting responsibilities in one or more functional areas: lease accounting, receivables accounting, fixed assets, construction and development, property operating expenses, and/or recovery of property operating expenses (including the prepaid or accrual associated with those expenses).
• Review the set up and maintenance of lease and loan agreements to ensure complete and timely recognition of revenue over the life of the agreement including creating, updating and maintaining rent schedules, rent increasers and straight-line rent
• Perform lease classification tests to determine proper accounting treatment for new and amended leases
• Assist with bad debt review and determinations, monitor and analyze outstanding accounts receivable including collections of outstanding balances.
• Ensure compliance with US GAAP and company policies and procedures, including compliance with identified internal controls.
• Document processes and procedures and continually identify opportunities for improvement.
• Identify areas of process improvement to create more effective and automated processes, and assist with implementation as appropriate.
• Consistently perform in a manner that shows commitment, results, and meets ongoing business needs, and promote a collaborative team environment between their functional Accounting team and other Accounting teams and various teams within the Business.
• Deliver exceptional customer service to all internal customers and maintain ongoing communication with a variety of stakeholders to ensure accuracy of financial statements, and a complete understanding of the financial reporting requirements.
• Develop individual skills as needed to ensure continued ability to assist with key initiatives, projects, and process improvements.
• Prepare and post necessary journal entries to maintain complete and accurate accounting records.
• Maintain appropriate support for account balances and ensure timely resolution to outstanding matters.
• Monitor and reconcile assigned accounts. Maintain a complete and accurate set of working papers for all assigned accounts.
• Prepare supporting schedules for applicable external reporting requirements, including documentation for all SOX requirements.
• Perform key internal controls and assist internal and external auditors in the testing of such controls.
• Perform ad‐hoc analysis and other duties as required.

OTHER DUTIES

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties, or responsibilities that are required of this employee for this job. Duties, responsibilities, and activities may change at any time with or without notice.

TRAVEL

No travel is expected for this position.

MINIMUM REQUIREMENTS

Experience: 3-5 years of public or corporate accounting experience is preferred.

Education: Bachelor’s degree in Accounting.

ADDITIONAL ELIGIBILITY REQUIREMENTS

CPA is preferred but not required.

Applicants must be able to pass a pre-employment drug screen.

WHAT WE OFFER

• Flexible schedule: Monday-Thursday in office, Friday’s optional to work remote
• Competitive Base Salary + Annual Bonus
• Generous Paid Time Off and Holidays
• Employer-matching 401(k) Program + Profit Sharing Program
• Student Debt Program – we’ll contribute up to $10,000 towards your student loans!
• Tuition Assistance Program
• Employee Stock Purchase Program – purchase shares at a 15% discount
• Comprehensive and progressive Medical/Dental/Vision options
• Summer Hours Program
• And much more! https://welltower.com/newsroom/careers/

ABOUT WELLTOWER

Welltower, an S&P 500 company headquartered in Toledo, Ohio, is driving the transformation of health care infrastructure. The Company invests with leading seniors housing operators, post-acute providers and health systems to fund the real estate and infrastructure needed to scale innovative care delivery models and improve people's wellness and overall health care experience. Welltower, a real estate investment trust ("REIT"), owns interests in properties concentrated in major, high-growth markets in the United States, Canada and the United Kingdom, consisting of seniors housing, post-acute communities and outpatient medical properties. More information is available at www.welltower.com

Welltower is committed to leveraging the talent of a diverse workforce to create great opportunities for our business and our people. EOE/AA. Minority/Female/Sexual Orientation/Gender Identity/Disability/Vet