Job Description:
The Senior Accountant, Property Accounting is primarily involved in all accounting aspects related to the Outpatient Medical and Research portfolio of a high-energy REIT. Main activities include, but are not limited to, property accruals and close, financial statement review, account reconciliations, straight-line rent calculations, and common area maintenance (CAM) recovery estimates, accruals, and true-ups. The position requires a great deal of energy, attention to detail and ability to effectively handle multiple tasks with minimum supervision, as well as the ability to adapt to changing priorities in a fast-paced environment.
Responsibilities:
- Perform property accruals and close property financials on a monthly basis
- Review portfolio of property financial statements in detail and explain material changes period over period
- Perform straight-line rent calculations and post necessary reserves
- Ability to read and interpret leases to ensure accurate revenue recognition
- Perform CAM set-up reviews and calculate estimates, accruals and true-ups
- Provide support to Property Management and Asset Management, including technical guidance
- Prepare and/or review general ledger and bank account reconciliations on a monthly basis
- Prepare various monthly and quarterly schedules utilized for internal and external reporting
- Assist with transactions for any acquired or sold properties
- Coordinate with third party operators and various other functions to ensure accuracy of reported results
- Assist with internal and external audit requests
- Coordinate with FP&A to provide information needed for budget and forecast preparation
- Complete ad-hoc projects and management requests
Requirements:
- 3-5 years of accounting experience, public accounting experience preferred
- Bachelor’s degree in Accounting or Bachelor’s of Business Administration (with concentration in Accounting)
- CPA or CPA candidate required
- Experience in the real estate industry, lease accounting, and/or common area maintenance preferred
Ventas, Inc. offers a competitive compensation and benefits package to the successful candidate.
Ventas, Inc. is an Equal Opportunity Employer.
Ventas, Inc. does not accept unsolicited resumes from staffing agencies, search firms or any third parties.
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