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Senior Accountant - Real Estate Transactions

$10k

Welltower

Senior Accountant - Real Estate Transactions

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 ambitiousguided 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 you're passionate about outcomes and inspired by the opportunity to shape the future of healthcare infrastructure, we want you on our best-in-class team.

The Transactions team at Welltower is a dynamic and non-traditional accounting team as we handle a variety of real estate transactions, such as acquisitions, dispositions, and restructures. This role is primarily responsible for preparing transaction journal entries, transaction accounting memos, and coordinating transaction integration with internal teams as well as our third-party operators.

Key responsibilities include:

  • Review executed legal agreements for accounting implications
  • Assist with technical accounting research and document conclusions within accounting memorandums
  • Prepare journal entries for acquisitions, disposition, and other investment activity
  • Assist in creation of new investment structures in Welltower's financial reporting systems
  • Develop and maintain accounting estimation models
  • Monitor financial results of various investment structures
  • Collaborate with other departments (Tax, Investments, Finance) on appropriate accounting treatment for various investment structures
  • Collaborate with other accounting teams (such as Leases, Loans, Property accounting, and Partnerships) on the recording of transactions
  • Assist in preparation of quarterly external reporting disclosures

Other duties may include:

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.

Minimal to no travel is expected for this position.

Minimum requirements include:

  • Bachelor's degree in accounting is required
  • Work experience of at least three years.
  • Knowledge of accounting theory, including GAAP and IFRS, is strongly desired.
  • Familiarity with real estate and international experience is a plus.
  • Experience in performing financial reporting responsibilities
  • An understanding of consolidation principles and models (VOE/VIE), lease classification and lease accounting
  • The ability to comprehend complex accounting and investment concepts
  • Proficient in accounting software, spreadsheets, and financial systems for data analysis and reporting
  • Professional certification of CPA or equivalent is strongly desired.

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 includes:

  • 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!

About Welltower:

Welltower Inc. (NYSE: WELL) an S&P 500 company, is the world's 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

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.

Welltower
Vacancy posted 3 days ago
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