Senior Accountant, Partnership

Welltower™ Inc. (NYSE:WELL); Toledo (OH); On-site; USD 85,000 - 115,000; Full time

Benefits offered by this job

Annual Bonus

Stock Purchase Plan

401(k) Profit Sharing

Student Debt Program

Tuition Assistance

Job summary

Welltower, Inc. in the United States, is seeking a Senior Accountant, Partnership Accounting to manage accounting and financial reporting for a portfolio of operator partnerships, including foreign operators and complex structures, with emphasis on monthly intercompany consolidation and close.

You will mentor staff, review work, and drive process improvements to enhance efficiency and the repeatability of the close, while ensuring adherence to US GAAP and SOX requirements.

Qualifications

• 3-5 years of public or corporate accounting experience required.
• Partnership, consolidation, or real estate accounting experience preferred.
• Knowledge of GAAP and IFRS preferred.
• CPA preferred.

Responsibilities

• Serve as the primary accounting contact for an assigned portfolio of operators, including foreign operators and other complex structures, resolving inquiries and leading operator meetings.
• Maintain accurate books and records for assigned partnership entities, including preparation of journal entries for monthly close.
• Perform monthly account reconciliations and review reconciliations, ensuring supporting work papers and resolved reconciling items.
• Review staff accountants' work across operators, including journal entries and consolidations, with timely feedback.
• Perform monthly consolidation and intercompany elimination procedures, resolving currency translation issues.
• Review monthly operator submissions and analyze variances and trends, including impact on NOI and FFO.
• Apply appropriate accounting treatment across RIDEA and non-RIDEA structures.
• Support accounting for acquisitions, dispositions, and other transactions affecting operator properties.
• Perform internal controls for partnership accounting and support SOX requirements; coordinate audits.
• Train and mentor staff accountants; initiate process improvements.
• Perform ad-hoc analysis as needed.

Skills

Partnership accounting

Consolidation

Real estate accounting

GAAP knowledge

IFRS knowledge

Education

Bachelor's degree in accounting

Tools

Yardi

OneStream

Blackline

Job description

WELLTOWER - REIMAGINE REAL ESTATE WITH US

At Welltower, we’re transforming how the world thinks about senior living and wellness-focused real estate. As a global leader in residential wellness and healthcare infrastructure, we create vibrant, purpose-driven communities where housing, healthcare, and hospitality converge. Our culture is fast-paced, collaborative, and endlessly ambitious - guided by our mantra: The only easy day was yesterday.

We’re looking for bold, independent thinkers who thrive on challenge, embrace complexity, and are driven to deliver long-term value. Every team member is empowered to think like an owner, innovate fearlessly, and lead from where they stand. If you’re passionate about outcomes and inspired by the opportunity to shape the future of healthcare infrastructure, we want you on our best-in-class team.

ABOUT THE ROLE

The Senior Accountant, Partnership Accounting owns accounting and financial reporting for a portfolio of operator partnerships, including foreign operators and other complex structures, with emphasis on monthly intercompany consolidation, journal entries, account reconciliations, and billbacks under US GAAP, SOX requirements, and Company policy. The role also reviews staff accountants' work, trains and mentors new team members, and drives process improvements that make the close more efficient and repeatable. The successful candidate has firm command of accounting fundamentals, resolves consolidation and foreign currency translation issues independently, knows when to elevate, and is a trusted resource to operating partners and the accounting team.

KEY RESPONSIBILITIES

• Serve as the primary accounting contact for an assigned portfolio of operators, including foreign operators and other complex structures, resolving inquiries independently, leading operator meetings, and escalating matters to management when appropriate.
• Maintain accurate books and records for assigned partnership entities, including preparation of journal entries to support a complete and accurate monthly close.
• Perform monthly account reconciliations and review reconciliations prepared by staff accountants, ensuring working papers fully support all balances and reconciling items are resolved timely.
• Review the work of staff accountants across assigned operators, including journal entries, operator setup, consolidations, and key controls, providing specific and timely feedback with minimal errors or missed items.
• Perform monthly consolidation and intercompany elimination procedures, independently identifying and resolving consolidation issues, including foreign currency translation errors.
• Review monthly operator financial submissions and perform analytical review of financial and operating results, developing and pursuing questions with operators on variances and quarterly trends, including the impact on non-GAAP metrics such as NOI and FFO.
• Apply the appropriate accounting treatment across RIDEA and non-RIDEA structures.
• Support the accounting for acquisitions, dispositions, and other transaction activity affecting operator-accounted properties, partnering with the transactions team on complex deals.
• Perform key internal controls for partnership accounting, prepare documentation supporting SOX requirements, and serve as a point of contact for external and internal audit requests.
• Train, coach, and mentor staff accountants on partnership accounting fundamentals.
• Initiate process improvement projects that build sustainable, repeatable processes, and document related procedures.
• Perform ad-hoc analysis and other duties as required.

OTHER DUTIES

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties, or responsibilities that are required of this employee for this job. Duties, responsibilities, and activities may change at any time with or without notice.

TRAVEL

Minimal travel is expected for this position.

MINIMUM REQUIREMENTS

• Experience: 3-5 years of public or corporate accounting experience is required. Partnership, consolidation, or real estate accounting experience is preferred.
• Education: Bachelor’s degree in accounting is required. Knowledge of accounting theory, including GAAP and IFRS, is preferred.

ADDITIONAL ELIGIBILITY REQUIREMENTS

• CPA preferred.
• Experience with foreign currency translation or multinational entity reporting is preferred.
• Experience with Yardi, OneStream, Blackline, or similar accounting and reporting systems is preferred.
• Employment is contingent upon the successful completion of a background check, drug screening, and verification of employment, education, and other credentials relevant to the position.

WHAT WE OFFER

• Competitive Base Salary + Annual Bonus
• Generous Paid Time Off and Holidays
• Employee Stock Purchase Program - purchase shares at a 15% discount
• Employer-matching 401(k) Program + Profit Sharing Program
• Student Debt Program - we'll contribute up to $10,000 towards your student loans!
• Tuition Assistance Program
• Comprehensive and progressive Medical/Dental/Vision options
• Professional Growth
• And much more!

ABOUT WELLTOWER

Welltower® Inc. (NYSE: WELL) an S&P 500 company, is the world’s preeminent residential wellness and healthcare infrastructure company. Our portfolio of 1,500+ Seniors and Wellness Housing communities is positioned at the intersection of housing, healthcare, and hospitality, creating vibrant communities for mature renters and older adults in the United States, United Kingdom, and Canada. We also seek to support physicians in our Outpatient Medical buildings with the critical infrastructure needed to deliver quality care.

Our real estate portfolio is unmatched, located in highly attractive micro-markets with stunning built environments. Yet, we are an unusual real estate organization as we view ourselves as a product company in a real estate wrapper driven by relationships and unconventional culture.

Through our disciplined approach to capital allocation powered by our data science platform and superior operating results driven by the Welltower Business System, we aspire to deliver long-term compounding of per share growth and returns for our existing investors – our North Star.

Welltower is committed to leveraging the talent of a diverse workforce to create great opportunities for our business and our people. EOE/AA. Minority/Female/Sexual Orientation/Gender Identity/Disability/Vet