Job Description:
The Senior Accounting Analyst, Fixed Assets, Tax will be responsible for overseeing the Company’s fixed asset process. This position will report to the Director, Tax Accounting.
Responsibilities:
- Maintain company structure within FAS in accordance with the company’s legal structure.
- Maintain a working knowledge of various tax depreciation methods for purposes of reviewing, analyzing and projecting various forms of tax depreciation.
- Ensure all fixed asset related processes are documented and maintain a process to routinely review and update such documentation as necessary.
- Review and/or process asset transfers and short period depreciation calculations, restarts, etc as necessary due to legal restructurings and acquisitions.
- Review asset additions to ensure consistency in asset categorization and depreciable lives.
- Ensure depreciation is posted in timely within prescribed deadlines and perform routine analysis to depreciation expense to identify variances and anomalies.
- Review reconciliations of depreciation expense to the general ledger.
- Ensure all fixed asset processes and transactions are compliant with internal policies and procedures.
- Respond to information requests from internal and external auditors in a timely manner.
- Process and review asset disposals to calculate gain/loss and ensure disposal accounting is book properly in relation to legal entities.
- Perform periodic review of corporate assets to identify assets no longer in service and write off accordingly; work with other departments as necessary to identify such assets.
- Review and/or process transitions of fixed asset process from acquired companies to Ventas systems.
- Review purchase accounting transactions to ensure all data is accurate, complete and consistent.
- With the Fixed Assets Accounting Analyst, conduct detailed analysis to ensure accuracy, uncover insights, and identify opportunities for improvement.
- Manage one direct report, the Fixed Asset Accounting Analyst.
Qualifications:
- Bachelors Degree in Accounting or Finance is required
- Supervisory experience in a collaborative team environment
- 5+ years practical experience in accounting, with at least 3 years significant fixed asset experience required
- Proficiency with fixed asset accounting systems required; experience with Sage FAS highly preferred
- Working knowledge of GAAP and tax rules related to fixed assets and depreciation required
- Demonstrated proficiency with Excel and other Microsoft Office products is required
- Real Estate/REIT knowledge and/or Yardi Voyager experience preferred.
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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.