Accounts Payable Specialist, Property Accounting

SUMMARY

The Accounts Payable Specialist will be responsible for processing and managing the accounts payable function, ensuring accurate and timely payments for various property-related expenses. The ideal candidate will have experience in accounting within the property or real estate industry and will play a critical role in maintaining the financial integrity of our operations.

KEY RESPONSIBILITIES

• Process and manage vendor invoices and payments, while adhering to company policies and procedures, and verifying that property-related expenses are correctly allocated to appropriate accounts.
• Collaborate with our operating partners to ensure all invoices are routed to the appropriate place, approvals granted and payments delivered.
• Perform monthly reconciliations of accounts payable transactions to ensure accuracy and completeness, while assisting with the preparation of financial reports, including accounts payable summaries and property-related financial statements.
• Work with our operating partners to ensure all invoices are routed to the appropriate place, approvals granted and payments delivered.
• Collaborate closely with the Property Accounting team to ensure accurate reporting of operating expenses.
• Track AP KPI’s to ensure monthly metrics are being met including time to approve and speed to payment.
• Ensure compliance with all internal controls, accounting policies, and legal requirements regarding accounts payable processes.
• Maintain organized and accurate records of all accounts payable transactions for audit purposes.
• Provide administrative support as needed in preparing for audits and assisting with external accounting reviews.

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

No travel is expected for this position.

MINIMUM REQUIREMENTS

Education: High School diploma or equivalent required; Associate's or Bachelors degree in Accounting, Finance, or a related field preferred.

Experience: Minimum of 1 years of experience in accounts payable, preferably in a property management or real estate environment. Familiarity with accounting software (e.g., Yardi, or similar systems) is a plus.

Employment is contingent upon the successful completion of a background check, drug screening, and verification of employment, education, and other credentials relevant to the position.  

WHAT WE OFFER

• Competitive Base Salary + Annual Bonus 
• Generous Paid Time Off and Holidays 
• Employee Stock Purchase Program – purchase shares at a 15% discount 
• Employer-matching 401(k) Program + Profit Sharing Program 
• Student Debt Program – we’ll contribute up to $10,000 towards your student loans! 
• Tuition Assistance Program 
• Comprehensive and progressive Medical/Dental/Vision options 
• Professional Growth 
• And much more! https://welltower.com/newsroom/careers/ 

ABOUT WELLTOWER 

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. Yet, we are an unusual real estate organization as 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 – our North Star. 

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