21 Oct
|
Welltowercareers
|
Canada
21 Oct
Welltowercareers
Canada
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 prospect to shape the future of healthcare infrastructure, we want you on our best-in-class team.
SUMMARY
Responsible for the accounting and financial reporting of Welltower’s Canadian seniors housing operating (SHO) portfolio across one or more functional areas: fixed assets, cash and revenue reconciliation, property operating expenses (including the prepaid or accruals associated with those expenses), with emphasis on GL account analysis, journal entries and account reconciliations in accordance with U.S. Generally Accepted Accounting Principles (US GAAP), SOX requirements and Company policy. The role partners directly with Welltower’s Canadian operators, and is accountable for CAD-denominated activity, foreign currency translation to the USD reporting currency, and Canadian indirect and property tax matters as they affect the property ledgers.
KEY RESPONSIBILITIES
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- Perform accounting and financial reporting responsibilities for an assigned group of Canadian communities in one or more functional areas: fixed assets, construction and development, property operating expenses, and/or recovery of property operating expenses (including the prepaid or accrual associated with those expenses).
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- Ensure compliance with US GAAP and company policies and procedures, including compliance with identified internal controls, and support the statutory and regulatory filing requirements of the Canadian legal entities in coordination with external advisors.
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- Document processes and procedures and continually identify opportunities for improvement.
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- Identify areas of process improvement to create more effective and automated processes and assist with implementation as appropriate.
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- Consistently perform in a manner that shows commitment, results, and meets ongoing business needs, and promote a collaborative team environment between Property Accounting and other Accounting teams and various teams within the Business.
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- Deliver exceptional customer service to all internal customers and maintain ongoing communication with a variety of stakeholders — including operator finance teams, Asset Management and the U.S. Property Accounting group — to ensure accuracy of financial statements,
and a complete understanding of the financial reporting requirements.
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- Develop individual skills as needed to ensure continued ability to assist with key initiatives, projects, and process improvements.
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- Prepare and post necessary journal entries to maintain complete and accurate accounting records.
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- Maintain appropriate support for account balances and ensure timely resolution to outstanding matters.
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- Monitor and reconcile assigned accounts. Maintain a complete and accurate set of working papers for all assigned accounts.
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- Review monthly financial submissions from Canadian operating partners, investigate variances to budget and prior period, and follow through to resolution with operator finance teams.
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- Maintain CAD-denominated ledgers and prepare the foreign currency translation and remeasurement entries required to report Canadian results in the USD reporting currency.
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- Support GST/HST (and QST, where applicable) reporting and input tax credit recovery, and maintain municipal realty tax accruals, instalments and reassessment adjustments for the Canadian portfolio.
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- Prepare supporting schedules for applicable external reporting requirements, including documentation for all SOX requirements.
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- Perform key internal controls and assist internal and external auditors in the testing of such controls.
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- Perform ad â 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 activitie
📌 Staff Accountant, Property Accounting (Canada)
🏢 Welltowercareers
📍 Canada