Staff Accountant, Property

WELLTOWER - REIMAGINE REAL ESTATE WITH US

At Welltower, we're transforming how the world thinks about senior living and wellness-focused real estate. As a global leader in residential wellness and healthcare infrastructure, we create vibrant, purpose-driven communities where housing, healthcare, and hospitality converge. Our culture is fast-paced, collaborative, and endlessly ambitious-guided by our mantra: The only easy day was yesterday.

We're looking for bold, independent thinkers who thrive on challenge, embrace complexity, and are driven to deliver long-term value. Every team member is empowered to think like an owner, innovate fearlessly, and lead from where they stand. If youre passionate about outcomes and inspired by the opportunity to shape the future of healthcare infrastructure, we want you on our best-in-class team.

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

Minimum to none.

MINIMUM REQUIREMENTS

Experience: 1-3 years of accounting experience. Previous internships preferred.

Education: Bachelor's degree in Accounting is required.

Employment is contingent upon the successful completion of a background check, drug screening, and verification of employment, education, and other credentials relevant to the position.

WHAT WE OFFER

• Competitive Base Salary + Annual Bonus
• Generous Paid Time Off and Holidays
• Employee Stock Purchase Program - purchase shares at a 15% discount
• 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
• Comprehensive and progressive Medical/Dental/Vision options
• Professional Growth
• And much more!  https://welltower.com/newsroom/careers/

ABOUT WELLTOWER

Welltower Inc. (NYSE: WELL) an S&P 500 company, is the worlds preeminent residential wellness and healthcare infrastructure company. Our portfolio of 1,500+ Seniors and Wellness Housing communities is positioned at the intersection of housing, healthcare, and hospitality, creating vibrant communities for mature renters and older adults in the United States, United Kingdom, and Canada. We also seek to support physicians in our Outpatient Medical buildings with the critical infrastructure needed to deliver quality care.

Our real estate portfolio is unmatched, located in highly attractive micro-markets with stunning built environments. Yet, we are an unusual real estate organization as we view ourselves as a product company in a real estate wrapper driven by relationships and unconventional culture.

Through our disciplined approach to capital allocation powered by our data science platform and superior operating results driven by the Welltower Business System, we aspire to deliver long-term compounding of per share growth and returns for our existing investors - our North Star.

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