Full-Time

Director – Property Accounting

Posted on 11/12/2024

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 care providers and healthcare organizations, Ventas unlocks the value of real estate to meet the growing demand driven by an aging population and increased life expectancy. Its business model generates income primarily through rental payments and capital appreciation from its diverse portfolio of properties. Ventas differentiates itself from competitors by maintaining a strong balance sheet and collaborating with industry leaders to ensure a high-quality portfolio. The company's goal is to produce consistent and growing cash flows for its shareholders, ultimately delivering superior returns.

Company Stage

IPO

Total Funding

N/A

Headquarters

Chicago, Illinois

Founded

1983

Simplify Jobs

Simplify's Take

What believers are saying

  • Growing demand for senior housing due to aging population boosts Ventas' market potential.
  • Recent acquisitions expand Ventas' portfolio, enhancing revenue streams and market presence.
  • Sustainability awards highlight Ventas' commitment to eco-friendly real estate practices.

What critics are saying

  • Rising interest rates may increase Ventas' capital costs, affecting growth.
  • Remote work trends could reduce demand for Ventas' medical office buildings.
  • Regulatory changes in healthcare reimbursement could impact tenants' financial stability.

What makes Ventas Inc unique

  • Ventas is a leader in healthcare real estate as a REIT.
  • The company has a diversified portfolio across senior housing, hospitals, and life science centers.
  • Ventas partners with top healthcare providers and institutions for strategic growth.

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