Director, Financial Reporting

Reposted 24 Days Ago
Be an Early Applicant
3 Locations
In-Office
180K-250K Annually
Senior level
Real Estate
The Role
The Director, Financial Reporting is responsible for overseeing external financial reporting, ensuring compliance with US GAAP and SEC requirements, managing disclosures, and leading a team of accounting professionals. This role involves collaboration with various departments, process improvements, and maintaining internal controls.
Summary Generated by Built In
Job Description:

Ventas is a leading S&P 500 real estate investment trust focused on the longevity economy, with a $45 billion enterprise value and a portfolio of ~1,400 properties across North America and the UK. Its largest business is private-pay senior housing, which includes over 850 communities serving nearly 90,000 residents, alongside outpatient medical buildings, research centers, and healthcare facilities that meet the needs of an aging population. Backed by strong financial performance and a collaborative culture, Ventas is positioned at the intersection of real estate, healthcare, and innovation to help people live longer, healthier, happier lives.

The Corporate Accounting and Reporting team leads the accuracy, integrity and timeliness of accounting close, technical accounting, and external reporting activities. The team partners closely with Investments, Asset Management, FP&A, Legal and other functions to ensure high quality financial accounting and reporting in a dynamic and transforming environment.

About the Role

The Director, Financial Reporting plays a critical leadership role within the corporate accounting function and reports to the Vice President, Assistant Controller. This role is responsible for leading the preparation of external reporting, ensuring accurate and complete disclosures in accordance with US GAAP and SEC requirements, maintaining and enhancing disclosure controls and processes in compliance with SOX framework and driving close to report transformation initiatives to support business success.  The Director will play an active role in building and maintaining a high-performing team through focused coaching and mentorship, and strengthening cross-functional partnerships through meaningful collaboration. Key responsibilities include:

  • Manage the preparation, review and filing of SEC filings, including Forms 10-K, 10-Q and 8-K, ensuring compliance with US GAAP and SEC requirements

  • Collaborate with key stakeholders to clarify and simplify technical rules and regulations to ensure accurate and complete data are provided to support key disclosures

  • Partner closely with Legal, FP&A and Investor Relations teams to develop accurate, transparent and consistent disclosures across various externally released documents

  • Active management of reporting calendar to ensure timely preparation, review and finalization of information used to support financial reporting

  • Monitor and provide analysis on changing or new FASB or SEC disclosure rules that may impact future financial reporting

  • Maintain and update reporting policies, ensuring appropriate interpretation, communication and implementation of new standards and disclosure requirements

  • Share insights and actively participate in Disclosure Committee Working Group discussions to drive informed decision making by the Executive Leadership Team

  • Partner with Accounting teams on ad-hoc projects to develop comprehensive impact assessments impacting accounting policies, processes and controls.

  • Support preparation and review of financial information used in earnings release processes and related internal and external communications

  • Strengthen internal controls over financial reporting and support audit activities, including coordination of quarterly reviews and annual audits

  • Lead, mentor and develop a team of accounting professionals, building capability, accountability and long-term bench strength

Qualifications

  • Bachelor’s degree in Accounting or Finance

  • 10+ years of proven expertise gained through public accounting firm and US public company external reporting roles with deep US GAAP, SEC and SOX knowledge

  • CPA required

  • Experience in real estate or property/lease accounting strongly preferred; REIT experience a plus

  • Experience with the following IT systems and tools highly desirable: Yardi, Longview, Workiva and Intelligize

  • Track record of driving process improvements and operational excellence

  • Naturally curious and thrives in ill-defined problem-solving activities under time constraint

  • Empathetic and projects a “we” mindset

  • Strives for continuous improvement in self and the team

  • Skilled communicator with a talent for simplifying technical matters, fostering collaboration and being recognized as an influential and supportive partner

  • Must be located in Chicago, IL, New York, NY or Louisville, KY or willing to relocate for the duration of employment

  • Willingness to adapt and thrive in a blended work environment with 3 days in office, seamlessly transitioning between remote work and in-office operations

  • Must be legally authorized to work in the United States without need for employer sponsorship now or in the future

The estimated base salary range for this position is $180,000 - $250,000 per year. This range reflects a good-faith estimate of the base salary Ventas reasonably expects to pay at the time of posting. Actual base pay will be determined based on work location, skills, qualifications, relevant experience, and business needs.

In addition to base salary, this role is eligible for discretionary incentive compensation and a comprehensive benefits package, which includes medical, dental, vision, retirement savings, paid time off, and other wellness benefits under applicable plan terms.

#LI-hybrid

#LI-MB1

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.

Top Skills

Intelligize
Longview
Workiva
Yardi
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The Company
HQ: Chicago, IL
398 Employees
Year Founded: 1998

What We Do

For more than two decades, Ventas, Inc., an S&P 500 company and one of the world’s foremost Real Estate Investment Trusts (REIT), has operated as the premier capital provider to leading senior living, healthcare operators and research institutions. With more than $36 billion of investments under our belt, we own communities where patients and their families receive health and healing; where world class researchers discover treatments for disease; and where seniors live with dignity.

Thanks to our financial strength and liquidity, our stock and robust dividend provides secure retirement savings and income to pensioners, firefighters, teachers and individuals around the world.

We take our ESG (Environment, Social & Governance) commitments seriously. We’ve set meaningful ESG goals aligned to three pillars – People, Performance, Planet - emphasizing strong corporate governance; encouraging community engagement through social and financial support to communities where we live and work; and minimizing our environmental impact by protecting the planet while lowering operating costs and improving portfolio efficiency.

We're honored to receive many external recognitions for our efforts: Ventas was named to the Dow Jones Sustainability World Index for the first time in 2019 and received Nareit’s 2019 Health Care Leader in the Light award for the fourth time. We were the first REIT to sign the CEO Action for Diversity & Inclusion and are a “Winning Company” on the 2020 Women on Boards Gender Diversity Index recognizing our 30% female Board. Our CEO, Debra A. Cafaro, is a leader widely-acclaimed for her strategic vision, and is ranked #29 in Harvard Business Review’s CEO 100, one of only 14 global CEOs named to HBR’s list consistently since 2014.

Our team is what truly differentiates us – our winning competitive edge is due to a rare combination of drive and skill and a commitment to excellence that fuels everything we do.

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