Full-Time

Director – Property Accounting

Confirmed live in the last 24 hours

Ventas Inc

Ventas Inc

501-1,000 employees

Real estate investment trust for healthcare

Real Estate
Healthcare

Expert

Louisville, KY, USA

Hybrid position requiring in-office presence.

Category
Financial Accounting
Financial Analysis
Management Accounting
Accounting
Requirements
  • 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
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.

Ventas Inc operates in the healthcare real estate sector as a Real Estate Investment Trust (REIT). The company focuses on acquiring, managing, and leasing healthcare properties, which include senior housing communities, medical office buildings, life science centers, and hospitals. By partnering with healthcare providers and institutions, Ventas generates rental income and benefits from the appreciation of its real estate investments. Its diverse portfolio allows it to navigate economic fluctuations effectively. Ventas distinguishes itself from competitors through its strong balance sheet, experienced team, and strategic collaborations with industry leaders. The company's goal is to produce consistent returns for shareholders while capitalizing on demographic trends that increase the demand for healthcare services.

Company Stage

IPO

Total Funding

N/A

Headquarters

Chicago, Illinois

Founded

N/A

Growth & Insights
Headcount

6 month growth

0%

1 year growth

0%

2 year growth

1%
Simplify Jobs

Simplify's Take

What believers are saying

  • Recent investments from firms like Intech Investment Management and Cerity Partners indicate strong market confidence in Ventas' growth potential.
  • The closing of a $2.75 billion unsecured revolving credit facility enhances Ventas' financial flexibility for future acquisitions and developments.
  • Recognition from the EPA for energy management underscores Ventas' commitment to sustainability, which can attract socially responsible investors.

What critics are saying

  • The healthcare real estate sector is highly regulated, and changes in healthcare policies could impact Ventas' operations and profitability.
  • Economic downturns could affect the occupancy rates and rental income of Ventas' properties, despite its diversified portfolio.

What makes Ventas Inc unique

  • Ventas operates at the intersection of healthcare and real estate, a niche that combines the stability of real estate with the growth potential of healthcare.
  • The company's diversified portfolio across senior housing, medical office buildings, life science centers, and hospitals helps mitigate risks associated with economic cycles.
  • Strong demographic trends, such as an aging population, provide a consistent demand for Ventas' healthcare facilities, setting it apart from other REITs.

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