Staff Accountant

Job Description

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

The Tone:
This is an early career role at Welltower, located in the Toledo, Ohio Metropolitan Area. Welltower is transforming real estate as a global leader in residential wellness and healthcare infrastructure, creating vibrant communities where housing, healthcare, and hospitality converge. This Staff Accountant position is crucial for managing lease accounting, ensuring accurate financial reporting in compliance with US GAAP. Your work will directly contribute to the overall accuracy of the portfolio, supporting compliance and driving operational efficiency across the company’s significant real estate holdings.

The TL;DR
• Role: Early Career
• Type: Full-time
• Location: In-person, Toledo, Ohio Metropolitan Area
• Mission: Responsible for abstracting lease documents, analyzing lease terms, and ensuring timely, precise financial reporting to support compliance and operational efficiency.
• Tech Stack: Yardi

What You’ll Actually Do
• Lease Management: Ensure complete and timely revenue recognition by reviewing the setup and maintenance of lease agreements in Yardi.
• Rent Schedule Accuracy: Create, update, and maintain rent schedules according to legal lease terms and set up operating expense recovery schedules as necessary.
• Financial Analysis: Analyze and reconcile income statement and balance sheet accounts on a monthly basis, assisting with bad debt review and determinations.
• Compliance & Reporting: Prepare supporting schedules for applicable external reporting requirements and provide internal reporting for all new leasing activity monthly.
• Audit Facilitation: Facilitate all audit requests regarding leases from internal and external auditors, and provide documentation for all SOX requirements.

The Must-Haves
• Background: Entry-Level professional with a Bachelor’s degree in Accounting.
• Experience: 0-3 years of accounting experience.
• Skills: Understanding of lease agreements and related legal documents, US GAAP compliance, financial reporting, account reconciliation, and working with accounting systems like Yardi.
• Bonus: Previous internships are preferred.