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 2024.

Reporting directly to the Manager, Construction and Development, 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 effectively controlled and accurately reported. Drive the advancement of job cost capabilities across all segments.
• Ensure consistent adherence to the CapEx policy across all segments through ongoing review of actual spend and collaboration with segment teams to ensure the policy is properly considered during the planning and budgeting phases.
• Serve as the primary point of contact for field operations, third-party managers, and operators regarding C&D-related topics.
• Reconcile SHOP operator uploads in coordination with internal segment teams.
• Collaborate with business partners to ensure timely placement of service actions and 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 internal and external stakeholders.
• Support the implementation of future accounting guidance related to C&D, including upcoming ESG requirements.
• Assist with asset acquisition, disposition, and integration activities as they relate to the C&D area.
• Identify inefficiencies and areas for improvement, acting as a driving force for future organizational goals related to the C&D function.
• Ensure that controls over assigned areas are properly designed, implemented, and operating effectively.
• Serve as a backup for other members of the C&D team, with opportunities to support other segments.
• Occasional travel to other corporate offices, company properties, and operator locations may be required.

Qualifications:

• Bachelor’s degree in Accounting required.
• CPA designation or active pursuit of CPA certification strongly preferred.
• A minimum of five years of GAAP accounting experience in a corporate and/or public accounting environment required.
• Significant experience in C&D and job cost accounting is strongly preferred.
• Proven success in evaluating and implementing forward-thinking process improvements.
• Ability to thrive in a fast-paced, ever-evolving work environment that requires an openness to change and adaptability.
• Strong interpersonal skills with a genuine enthusiasm for working closely with a wide range of internal and external partners.
• Analytical ability to assess complex problems, often with conflicting or uncertain data, and provide concise, well-conceived solutions.
• Ability to understand complex legal documents (e.g., construction contracts, development agreements) and implement proper accounting in accordance with GAAP and company policy.
• Proficiency in Microsoft Excel required; Yardi Voyager experience is a plus.

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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.

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.