Accounts Payable Specialist, Property Accounting

About the role

The Accounts Payable Specialist will be responsible for processing and managing the accounts payable function, ensuring accurate and timely payments for various property-related expenses. The ideal candidate will have experience in accounting within the property or real estate industry and will play a critical role in maintaining the financial integrity of our operations.

Responsibilities

• Process and manage vendor invoices and payments, adhering to company policies and procedures, and verifying that property-related expenses are correctly allocated to appropriate accounts.
• Collaborate with our operating partners to ensure all invoices are routed to the appropriate place, approvals granted, and payments delivered.
• Perform monthly reconciliations of accounts payable transactions to ensure accuracy and completeness.
• Assist with the preparation of financial reports, including accounts payable summaries and property-related financial statements.
• Work with the Property Accounting team to ensure accurate reporting of operating expenses.
• Track AP KPIs to ensure monthly metrics are being met, including time to approve and speed to payment.
• Ensure compliance with all internal controls, accounting policies, and legal requirements regarding accounts payable processes.
• Maintain organized and accurate records of all accounts payable transactions for audit purposes.
• Provide administrative support in preparing for audits and assisting with external accounting reviews.
• Perform other duties as required; responsibilities may change at any time with or without notice.

Requirements

• High School diploma or equivalent required; Associate's or Bachelor's degree in Accounting, Finance, or a related field preferred.
• Minimum of 1 year of experience in accounts payable, preferably in a property management or real estate environment.
• Familiarity with accounting software (e.g., Yardi or similar systems) is a plus.
• Employment is contingent upon the successful completion of a background check, drug screening, and verification of employment, education, and other relevant credentials.

Benefits

• Competitive base salary + car allowance + annual bonus
• Generous paid time off and holidays
• Employer-matching 401(k) program + profit-sharing program
• Student Debt Program – contribution of up to $10,000 towards student loans
• Tuition Assistance Program
• Employee Stock Purchase Program – purchase shares at a 15% discount
• Comprehensive and progressive medical, dental, and vision options
• Additional benefits and programs

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 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. We view ourselves as a product company in a real estate wrapper, driven by relationships and an 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 investors.