Job Description:

The Senior Accountant, Construction and Development (“C &D”), a new position on the C&D team, will play a critical role in providing accounting support for the company’s robust capital expenditure (“capex”) programs, which resulted in $600M+ spend in 2023.

Reporting directly to the Director, Corporate Accounting, this position executes on the day-to-day responsibilities of the team, which includes job cost subledger administration, journal entry recognition, capex policy adherence, reconciliation of operator reporting, balance sheet reconciliation / rollforward and internal control execution.

This position also offers numerous opportunities to work in a cross-functional environment including significant interaction with all other accounting teams, treasury, asset management, planning and operations teams, along with several external partners. Finally, the opportunity to play a key role in scaling the team’s processes and technological resources, particularly in our growing Senior Housing Operating Portfolio (“SHOP”), will be a key day one initiative for this position.

The ideal candidate will have a strong interest in advancing process and technology improvements, has a high level of energy, positive attitude, a keen attention to detail and the ability to deftly handle multiple priorities and conflicting deadlines with minimum supervision. C&D accounting experience is strongly preferred, but experienced accountants with an enthusiasm for learning new skillsets and demonstrated history of a continuous improvement mindset will also be considered.

Responsibilities:

• Oversee the day-to-day administration and data governance of the job cost sub-ledger to ensure C&D spend is well controlled and properly reported. Advance job cost capabilities across all segments
• Ensure capex policy is consistently adhered to across all segments via on-going review of actual spend as well as working with segment teams to ensure policy is properly considered in the planning and budgeting phases.
• Serve as a primary point of contact for our field operations, our third-party managers and operators as it relates to C&D related topics.
• Reconcile SHOP operator uploads in coordination with internal segment teams
• Collaborate with business partners to ensure placed in service actions are done timely and in coordination with other relevant processes such as revenue recognition and interest capitalization.
• Administer interest and internal payroll capitalization processes when applicable.
• Prepare monthly, quarterly and ad hoc C&D reports, reconciliations and roll forwards as required by various internal and external partners.
• Support implementation of future accounting guidance as it relates to the C&D area, including future ESG requirements
• Assist with asset acquisition, disposition and integration activities as applicable to the C&D area
• Identify points of inefficiency and areas of improvement; be a driving force for future state organizational goals as it relates to the C&D function.
• Ensure controls over assigned areas properly designed, implemented and operating effectively
• Serve as a backup to other members of the C&D team
• Limited travel to other corporate offices, company properties and operator locations is possible

Qualifications:

• Bachelor’s degree in Accounting required; CPA designation is strongly preferred
• Five plus years of GAAP accounting experience in a corporate and/or public accounting environment
• Significant C&D and job cost accounting experience is strongly preferred
• Demonstrated success evaluating and implementing forward thinking process improvements
• Ability to thrive in a fast paced, ever evolving work environment that requires an embrace of change and the capability to adapt.
• Strong interpersonal skills and an enthusiasm for working closely with a multitude of internal and external partners.
• Analytical capacity to evaluate problems, often with conflicting or uncertain fact patterns, and provide concise, well-conceived solutions.
• Ability to comprehend complex legal documents (i.e. construction contracts, development agreements) and implement proper accounting in accordance with GAAP and Company policy as applicable.
• Proficiency in Microsoft Excel experience required, Microsoft Powerpoint and Yardi Voyager experience is a plus

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.

Ventas Inc., an S&P 500 company, operates at the intersection of two large and dynamic markets – healthcare and real estate. Our diversified portfolio of over 1,200 assets in the United States, Canada and the United Kingdom are unified in serving the large and growing aging demographic. We use the power of our capital to unlock the value of senior living communities; life science, research & innovation properties; medical office & outpatient facilities, hospitals and other healthcare real estate. A globally recognized real estate investment trust, we follow a successful long-term strategy, proven over 25 years, built on diversification of property types, capital sources and industry leading partners, financial strength and flexibility, consistent and reliable growth and industry leading ESG achievements, managed by a collaborative and experienced team dedicated to our stakeholders.