Staff Accountant

Job Description

Staff Accountant, Lease Accounting | Welltower™ Inc. (NYSE:WELL)

The Tone:
This is a full-time role at Welltower™ Inc. The company transforms senior living and wellness-focused real estate, leading globally in residential wellness and healthcare infrastructure. This role is crucial for managing lease accounting, ensuring precise financial reporting according to US GAAP, and contributing to the overall accuracy of the portfolio. The Staff Accountant’s work supports compliance and drives operational efficiency within the company’s vibrant, purpose-driven communities.

The TL;DR
• Role: Early Career
• Type: Full-time
• Mission: Plays a key role in managing lease accounting and ensuring the accurate reporting of financials in compliance with US GAAP.
• Tech Stack: Yardi

What You’ll Actually Do
• Lease Management: Review the setup and maintenance of lease agreements in Yardi to ensure complete and timely recognition of revenue over the agreement’s life.
• Schedule Creation: Create, update, and maintain rent schedules according to the legal terms of each lease agreement.
• Expense Recovery: Set up operating expense recovery schedules to accommodate the specific terms of each agreement as necessary.
• Financial Analysis: Analyze and reconcile income statement and balance sheet accounts on a monthly basis.
• Audit & Compliance: Facilitate all audit requests regarding leases from internal and external auditors and provide documentation for all SOX requirements.

The Must-Haves
• Background: Bachelor’s degree in Accounting. This is an entry-level career position.
• Experience: 0-3 years of accounting experience.
• Skills: Lease agreement interpretation, financial reconciliation, US GAAP compliance, Yardi proficiency.
• Bonus: Previous internships.