Job Description:
The Director, Property Accounting is primarily responsible for leading and directing the operations of Property Accounting including, but not limited to, overall accounting related to our Senior Housing (SHOP) and Triple-Net segments with a focus on producing accurate and timely property-level financial statement results.
Responsibilities:
- Directs the processing and consolidation of our SHOP property-level financial statements, reconciliations, variance analysis, and deliverables required for internal and external reporting.
- Oversees the Triple-Net segment close including the review of leasing arrangements and appropriate application of the Lease Standard, ASC 842.
- Directs month-end close processes and deliverables – including review of journal entries, supporting schedules, balance sheet reconciliations, revenue and expenses variance analysis, and bank reconciliations.
- Provides support and acts as a financial resource on a consistent basis, coordinating with our Operators and cross-functionally to improve overall business processes and performance.
- Presents financial statements in accordance with GAAP and other industry standards and pronouncements.
- Manages quarter-end deliverables required for external financial reporting purposes.
- Lead, train, and develop team members. Provides continuous performance feedback, both formally and informally.
- Facilitates open dialogue, identifies process improvement initiatives and creates constructive and efficient solutions to produce consistent, high-quality deliverables and support strategic growth initiatives.
- Facilitates the interim/annual audit processes with internal and external auditors.
- Creates and/or enforces internal control processes and procedures.
- Manages acquisition/disposition activities and all related pro-ration settlements in a timely manner.
- Manages accounting activity related to segment conversions including transition and integration processes and procedures.
Qualifications:
- 10+ years of relevant accounting experience
- Proven experience building and leading teams
- Bachelor’s degree in Accounting (B.A./B.S.); post-graduate degree preferred
- CPA strongly preferred
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Ventas, Inc. offers a competitive compensation and benefits package to the successful candidate.
Ventas, Inc. is an Equal Opportunity Employer.
Ventas, Inc. does not accept unsolicited resumes from staffing agencies, search firms or any third parties.