What are the responsibilities and job description for the Staff Accountant, Lease Accounting position at Welltower Refresh 2025?
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 opportunity to shape the future of healthcare infrastructure, we want you on our best-in-class team.
SUMMARY
The Staff Accountant at Welltower plays a key role in managing lease accounting and ensuring the accurate reporting of financials in compliance with US GAAP. In this role, you will be responsible for abstracting lease documents, analyzing lease terms, and ensuring timely, precise financial reporting. Your expertise will contribute to the overall accuracy of our portfolio, supporting compliance and driving operational efficiency. This position offers the opportunity to work closely with various teams and play a vital role in the financial integrity of our operations.
KEY RESPONSIBILITIES
- Review the set up and maintenance of lease agreements in Yardi to ensure complete and timely recognition of revenue over the life of the agreement.
- Create, update and maintain rent schedules per the legal terms of the lease.
- Set up the operating expense recovery schedules to accommodate each agreement as necessary.
- Read and understand lease agreements as well as all other related legal documents.
- Review and understand rent roll reports, including occupancy.
- Provide internal reporting requirements for all new leasing activity on a monthly basis.
- Analyze and reconcile income statement and balance sheet accounts on a monthly basis.
- Assist with bad debt review and determinations.
- Communicate with different internal teams to ensure appropriate accounting ancillary terms/amounts and dates for leases are input correctly.
- Review and set up necessary fixed assets associated with the lease.
- Help reconcile any acquisition or disposition of properties.
- Prepare supporting schedules for applicable external reporting requirements.
- Facilitate all audit requests regarding leases from internal and external auditors.
- Identify areas of process improvement to create more effective and automated processes.
- Provide documentation for all SOX requirements.
OTHER DUTIES
Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties, or responsibilities that are required of this employee for this job. Duties, responsibilities, and activities may change at any time with or without notice.
TRAVEL
Some out of area and overnight travel may be expected.
MINIMUM REQUIREMENTS
Experience: 0-3 years of accounting experience. Previous internships preferred.
Education: Bachelor’s degree in Accounting is required.
Employment is contingent upon the successful completion of a background check, drug screening, and verification of employment, education, and other credentials relevant to the position.
WHAT WE OFFER
- 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! https://welltower.com/newsroom/careers/
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 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. EOE/AA. Minority/Female/Sexual Orientation/Gender Identity/Disability/Vet
Salary : $10,000