Staff Accountant, Partnership

About the role

The Staff Accountant, Partnership Accounting is responsible for accounting and financial reporting for a portfolio of operator partnerships, with emphasis on monthly intercompany consolidation, journal entries, reconciliations, and billbacks under US GAAP, SOX, and Company policy. The role serves as a day-to-day accounting contact for Welltower's operating partners, works across RIDEA and non-RIDEA structures, and partners with internal accounting teams to ensure the accuracy, integrity, and timeliness of financial data. The successful candidate is detail-oriented, asks good questions, builds strong relationships, and is motivated to develop deep technical command of Welltower accounting fundamentals.

Responsibilities

• Serve as the day-to-day accounting contact for assigned operators, responding to inquiries, leading routine operator meetings, escalating matters to management as appropriate, and building trusted working relationships.
• 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 for assigned accounts, maintaining complete working papers that support all balances and driving timely resolution of reconciling items.
• Review monthly operator financial submissions and perform analytical review of financial and operating results, investigating variances, anomalies, and incomplete data prior to close.
• Perform monthly consolidation and intercompany elimination procedures, identifying the source of consolidation issues, resolving them with management, and ensuring activity is recorded in the correct period.
• Apply the appropriate accounting treatment across RIDEA and non-RIDEA structures.
• Perform key internal controls for partnership accounting, prepare documentation supporting SOX requirements, and assist with internal audit requests.
• Support the accounting for acquisitions, dispositions, and other transaction activity affecting operator-accounted properties.
• Document processes and procedures and contribute process improvement ideas.
• Perform ad-hoc analysis and other duties as required.

Requirements

• Experience: 1-3 years of public or corporate accounting experience is preferred.
• Education: Bachelor’s degree in accounting is required.
• Knowledge of accounting theory, including GAAP and IFRS, is preferred.

Qualifications

• CPA preferred or strong desire to pursue.
• Experience with Yardi, OneStream, Blackline, or similar accounting and reporting systems is a plus.
• Employment is contingent upon the successful completion of a background check, drug screening, and verification of employment, education, and other credentials.

Benefits

• 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!

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.