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About the Role
Responsible for the accounting and financial reporting of Welltower’s Canadian seniors housing operating (SHO) portfolio across one or more functional areas, including fixed assets, cash and revenue reconciliation, and property operating expenses. The role emphasizes GL account analysis, journal entries, and account reconciliations in accordance with US GAAP, SOX requirements, and Company policy. This position partners directly with Welltower’s Canadian operators and is accountable for CAD-denominated activity, foreign currency translation to USD, and Canadian indirect and property tax matters.
Responsibilities
- Perform accounting and financial reporting for an assigned group of Canadian communities in functional areas such as fixed assets, construction and development, property operating expenses, and recovery of property operating expenses.
- Ensure compliance with US GAAP, company policies, internal controls, and support statutory/regulatory filing requirements for Canadian legal entities.
- Document processes and procedures, identifying opportunities for improvement and assisting with implementation of more effective and automated processes.
- Consistently perform with commitment and results, promoting a collaborative team environment.
- Deliver exceptional customer service to internal customers and maintain ongoing communication with stakeholders, including operator finance teams, Asset Management, and the U.S. Property Accounting group.
- Develop individual skills to assist with key initiatives, projects, and process improvements.
- Prepare and post necessary journal entries to maintain complete and accurate accounting records.
- Maintain appropriate support for account balances and ensure timely resolution of outstanding matters.
- Monitor and reconcile assigned accounts, maintaining complete and accurate working papers.
- Review monthly financial submissions from Canadian operating partners, investigate variances, and follow through to resolution.
- Maintain CAD-denominated ledgers and prepare foreign currency translation and remeasurement entries.
- Support GST/HST (and QST, where applicable) reporting and input tax credit recovery, and maintain municipal realty tax accruals, instalments, and reassessment adjustments.
- Prepare supporting schedules for external reporting requirements, including documentation for SOX requirements.
- Perform key internal controls and assist internal and external auditors in testing controls.
- Perform ad-hoc analysis and other duties as required.
Requirements
- Minimum 3 years of accounting experience, preferably in seniors housing, multi-residential, or other real estate related activities.
- Experience with Canadian indirect tax (GST/HST/QST) and multi-currency reporting is an asset.
- Working knowledge of US GAAP is required.
- French language ability is an asset.
- Applicants must be legally entitled to work in Canada.
- Employment is contingent upon the successful completion of a background check and verification of employment, education, and other credentials.
Skills
- Strong team player with a focus towards customer service.
- Ability to self-motivate and work in a dynamic environment.
- Ability to work both collaboratively and independently.
- Positive and professional attitude.
- Ability to problem-solve individually.
Location
- Canada
Work Type
- Full-time
Experience Level
- Minimum 3 years
Education Level
- Bachelor’s degree in accounting or business with an emphasis in accounting, or an equivalent Canadian post-secondary credential.
- Canadian CPA designation preferred; candidates enrolled in the CPA Professional Education Program (PEP), or holding a U.S. CPA licence, will also be considered.
Salary/Compensations
- Competitive Base Salary + Annual Bonus
Benefits
- Generous Paid Time Off and Holidays
- Employee Stock Purchase Program – purchase shares at a 15% discount
- Employer-matching RRSP Program
- Comprehensive and progressive Medical/Dental/Vision options
- Professional Growth
About the Company
- 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.
- 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.
Equal Opportunity
- 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