What are the responsibilities and job description for the Community Senior Accountant position at Benchmark Senior Living and Careers?
Benchmark has been a trailblazer in senior living for nearly 30 years, operating 68 communities with 7,400 associates across the Northeast. With $3 billion in assets under management and $700 million in annual revenue, the company is experiencing historic growth, expanding its footprint from Boston to Washington DC. Benchmark offers independent living, assisted living, memory care, and continuing care
To meet this demand, senior housing development must nearly double historical levels over the next two decades. Benchmark is outpacing industry growth, backed by prominent investors such as KKR, Prudential Financial, Omega Healthcare Investors, and Ventas, Inc. Its brand strength is reflected in its 62 Best Senior Living Community awards from U.S. News & World Report in 2024, far exceeding industry averages.
Benchmark’s success is deeply rooted in its people. The company’s purpose – Transforming Lives Through Human Connection – is lived daily by associates who embody its core values: Called to Care, Better Together, and Be the Benchmark. Recognized as a Top Place to Work by The Boston Globe for 18 consecutive years and certified as a Great Place to Work for eight years, Benchmark fosters a culture of inclusion, growth, and recognition. It supports employees through initiatives like an associate grant program called One Company Fund, Benchmark University, an Inclusion Advisory Council, and a Cultural Ambassadors program. With over 500 associates boasting 15-plus years of tenure, and an annual gala celebrating excellence, Benchmark continues to be a destination for meaningful careers and compassionate care – setting the standard in senior living.
retirement communities, positioning itself as a leader within this growing real estate sector. Senior housing has consistently ranked among the top three real estate sectors for long-term investment returns, and with the Baby Boomer 80 population projected to grow over 5% annually through 2030, demand is surging.
The Senior Community Accountant is responsible for day-to-day accounting and reporting for a group of communities within the Benchmark portfolios as well as assisting in month-end close related tasks. The role serves as the main point of contact for any financial related needs for community Business Partners, such as Executive Directors (ED) or Directors of Business Administrations (DBA) located at our communities. As the primary financial resource, the Senior Community Accountant must provide exemplary customer service both internally and externally.
The responsibilities include the timely preparation of monthly financial packages, maintaining accurate and detailed workpapers, and coordinating and communicating financial information and results to business partners.
Major duties and responsibilities:
To meet this demand, senior housing development must nearly double historical levels over the next two decades. Benchmark is outpacing industry growth, backed by prominent investors such as KKR, Prudential Financial, Omega Healthcare Investors, and Ventas, Inc. Its brand strength is reflected in its 62 Best Senior Living Community awards from U.S. News & World Report in 2024, far exceeding industry averages.
Benchmark’s success is deeply rooted in its people. The company’s purpose – Transforming Lives Through Human Connection – is lived daily by associates who embody its core values: Called to Care, Better Together, and Be the Benchmark. Recognized as a Top Place to Work by The Boston Globe for 18 consecutive years and certified as a Great Place to Work for eight years, Benchmark fosters a culture of inclusion, growth, and recognition. It supports employees through initiatives like an associate grant program called One Company Fund, Benchmark University, an Inclusion Advisory Council, and a Cultural Ambassadors program. With over 500 associates boasting 15-plus years of tenure, and an annual gala celebrating excellence, Benchmark continues to be a destination for meaningful careers and compassionate care – setting the standard in senior living.
retirement communities, positioning itself as a leader within this growing real estate sector. Senior housing has consistently ranked among the top three real estate sectors for long-term investment returns, and with the Baby Boomer 80 population projected to grow over 5% annually through 2030, demand is surging.
The Senior Community Accountant is responsible for day-to-day accounting and reporting for a group of communities within the Benchmark portfolios as well as assisting in month-end close related tasks. The role serves as the main point of contact for any financial related needs for community Business Partners, such as Executive Directors (ED) or Directors of Business Administrations (DBA) located at our communities. As the primary financial resource, the Senior Community Accountant must provide exemplary customer service both internally and externally.
The responsibilities include the timely preparation of monthly financial packages, maintaining accurate and detailed workpapers, and coordinating and communicating financial information and results to business partners.
Major duties and responsibilities:
- For assigned group of communities (8-12):
- Prepare and post monthly standard journal entries.
- Review and reconcile all general ledger accounts for assigned communities (various monthly, quarterly, semi-annual and annual workpapers)
- Perform monthly Balance Sheet and Income Statement trend reviews.
- Maintain an open line of communication between the Executive Directors and Directors of Business Administrations.
- Conduct monthly financial review calls with Business Partners within communities
- Coach and support Business Partners within communities on adherence to Company’s internal controls.
- Perform monthly bank reconciliations (may be other communities than those assigned, as some are consolidated in portfolios)
- Perform/manage other tasks within accounting on a Benchmark-consolidated basis, such as but not limited to: Accounts Receivable, Fixed Assets, Real Estate Taxes, etc.
- Engage in departmental projects and initiatives related to enhancing the effectiveness and efficiency of existing processes and implementing new processes.
- Provide financial information, as needed, to internal Financial Planning & Analysis staff
- Perform ad-hoc analysis and troubleshooting of matters as they arise.
- Communicates effectively with co-workers at all levels, in a clear and concise manner
- Strong written and verbal skills
- Demonstrates ability to work as a team player
- Maintains organized, neat, and accurate files
- Superior customer service
- Ability to work in a fast-paced environment
- Attention to detail and ability to report timely is essential
- Strong time management, problem solving, and analytical skills
- Ability to drive projects independently as well as work in groups
- Demonstrates proficiency in MS Office and strong use of Excel
- Experience with, or ability to become proficient in, accounting software (Yardi preferred)
- BS or BA degree in accounting, finance or business from accredited college or university
- 3-5 years of relevant Accounting experience, property accounting is a plus
- 10 paid holidays plus 1 floating holiday
- Vacation and Health & Wellness Paid Time Off
- Tuition Reimbursement Program
- Physical & Mental Health Wellness Programs
- Medical, Vision & Dental Benefits provided by Blue Cross Blue Shield
- 401K Retirement Plan with Company Match
- Long Term Care Insurance
- Company-provided Life Insurance & Long-Term Disability
Salary : $90,000 - $95,000