Staff Accountant, Property

Welltower™ Inc. (NYSE:WELL); Toledo (OH); On-site; USD 55,000 - 75,000; Full time

Benefits offered by this job

Competitive base salary

Annual bonus

Employee stock purchase program

Employer‑matching 401(k)

Profit sharing program

Tuition assistance program

Medical/Dental/Vision options

Professional growth

Job summary

Welltower Inc. in Ohio is seeking an accounting professional to support lease and loan accounting, accounts receivable, fixed assets, and related processes.

You will prepare journal entries, perform reconciliations, and ensure compliance with US GAAP and SOX while maintaining strong internal controls and collaboration across teams. The role emphasizes accurate financial reporting, timely month-end close, and proactive process improvements to enhance efficiency and accuracy within the accounting

Qualifications

• 1–3 years of accounting experience.
• Bachelor’s degree in Accounting is required.
• Employment is contingent upon background check, drug screening, and verifications.

Responsibilities

• Perform lease, receivables, fixed assets, and related accounting tasks.
• Prepare journal entries and account reconciliations per US GAAP.
• Ensure SOX compliance and proper internal controls.
• Maintain supporting schedules and documentation.
• Collaborate with internal teams and external auditors as needed.

Skills

Accounting knowledge

Education

Bachelor's degree in Accounting

Job description

SUMMARY

Responsible for performing accounting functions in one or more functions related to Welltower’s operational accounting, may include but not limited to: accounting for new and existing lease and loan agreements, accounts receivable, straight‑line rent, accounting for fixed assets, construction and development, property operating expenses, and/or recovery of property operating expenses (including the prepaid or accrual associated with those expenses); with emphasis on account analysis, journal entries and account reconciliations in accordance with U.S. Generally Accepted Accounting Principles (US GAAP), SOX requirements and Company policy.

KEY RESPONSIBILITIES

• Perform accounting and financial reporting responsibilities in one or more functional areas: lease accounting, receivables accounting, fixed assets, construction and development, property operating expenses, and/or recovery of property operating expenses (including the prepaid or accrual associated with those expenses).
• Review the set up and maintenance of lease and loan agreements to ensure complete and timely recognition of revenue over the life of the agreement including creating, updating and maintaining rent schedules, rent increasers and straight‑line rent.
• Perform lease classification tests to determine proper accounting treatment for new and amended leases.
• Assist with bad debt review and determinations, monitor and analyze outstanding accounts receivable including collections of outstanding balances.
• Ensure compliance with US GAAP and company policies and procedures, including compliance with identified internal controls.
• Document processes and procedures and continually identify opportunities for improvement.
• Identify areas of process improvement to create more effective and automated processes, and assist with implementation as appropriate.
• Consistently perform in a manner that shows commitment, results, and meets ongoing business needs, and promote a collaborative team environment between their functional Accounting team and other Accounting teams and various teams within the Business.
• Deliver exceptional customer service to all internal customers and maintain ongoing communication with a variety of stakeholders to ensure accuracy of financial statements, and a complete understanding of the financial reporting requirements.
• Develop individual skills as needed to ensure continued ability to assist with key initiatives, projects, and process improvements.
• Prepare and post necessary journal entries to maintain complete and accurate accounting records.
• Maintain appropriate support for account balances and ensure timely resolution to outstanding matters.
• Monitor and reconcile assigned accounts. Maintain a complete and accurate set of working papers for all assigned accounts.
• Prepare supporting schedules for applicable external reporting requirements, including documentation for all SOX requirements.
• Perform key internal controls and assist internal and external auditors in the testing of such controls.
• 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

Minimum to none.

MINIMUM REQUIREMENTS

Experience: 1–3 years of accounting experience. Previous internships preferred.

Education: Bachelor’s degree in Accounting is required.

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! https://welltower.com/newsroom/careers/

EOE STATEMENT

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