Assistant Manager, Senior Housing Property Accounting

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 Assistant Manager – Senior Housing Property Accounting plays a key role in managing property-level cash activity and ensuring accurate, compliant financial reporting across Welltower’s senior housing portfolio.

This role operates at the intersection of treasury, property accounting, and operations, with primary responsibility for cash management, bank activity, and property-level liquidity while ensuring financial results roll up accurately to corporate reporting.

The ideal candidate brings strong senior housing or real estate property accounting experience, familiarity with SOX-controlled environments, and the ability to translate complex property cash flows into clear, supportable financial outcomes at both the property and corporate level.

KEY RESPONSIBILITIES

• Oversee daily and monthly property-level cash activity across the senior housing portfolio, including bank activity, funding, and cash balances.
• Monitor cash receipts, disbursements, and intercompany movements to ensure accurate classification and recording of related journal entries (funding, sweeps, distributions, and reclasses).
• Partner with Corporate Treasury on cash forecasting, liquidity planning, funding strategies, and bank account administration.
• Oversee monthly close and financial reporting for assigned senior housing properties, with emphasis on cash-related accounts and activity.
• Review journal entries, reconciliations, and variance analyses to ensure alignment between property cash movements and operating results.
• Provide technical guidance to Property Accountants on complex transactions such as accruals, intercompany activity, and non-routine cash items, while partnering with Operations and Asset Management on cash flow drivers.
• Serve as a process owner or subject matter expert for SOX controls related to cash, reconciliations, journal entries, and close processes.
• Ensure consistent control execution across portfolios while coordinating with Internal Audit and SOX teams on walkthroughs, testing, and remediation.
• Drive standardization and continuous improvement in cash management and property accounting processes.
• Serve as a primary contact for external auditors on senior housing property and cash-related matters.
• Prepare and review audit schedules, bank confirmations, reconciliations, and supporting documentation.
• Support quarterly and annual audits while ensuring timely resolution of audit findings.
• Support intercompany cash transactions, eliminations, and consolidation adjustments related to the senior housing portfolio.
• Ensure property-level outputs align with corporate reporting timelines and assist with management reporting, cash flow analysis, and variance explanations.
• Manage and develop Property Accounting team members through coaching, feedback, and performance support.
• Establish expectations for reconciliation quality, documentation, and audit readiness while promoting accountability and continuous improvement.

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

• Bachelor’s degree in Accounting or Finance.
• 7+ years of accounting experience, including senior housing or real estate property accounting.
• Strong experience with cash management, bank reconciliations, intercompany activity, and property-level financial reporting.
• Experience operating in a SOX-controlled environment with knowledge of GAAP related to real estate accounting.
• Experience supporting external audits and