AVP, Accounting & Tax

Welltower™ Inc. (NYSE:WELL)

Jul 24

Applications are closed

Job
Full-time
Senior Level
Accounting & Tax
London

Requirements

Bachelor’s degree is required. Knowledge of accounting theory, including GAAP and IFRS is preferred. Professional certification of UK Chartered Accountant, or US CPA or equivalent is strongly desired.
5+ of relevant experience in a tax and accounting role is required.
5+ years practical experience in Big 4/boutique tax advisory, audit or assurance firm, or equivalent level of in-house experience is required.
Experience in managing in-house tax compliance and third-party accounting firm prepared returns. This includes cross-border tax compliance and accounting arrangements.
Ability to successfully lead a team of 3-5 direct employees, including conducting performance reviews, setting goals, and directing assignments and workflows.
Indirect Tax and Employment Tax experience is beneficial, but not essential.
Experience with Yardi (Enterprise Resource Planning system general ledger), OneStream financial consolidation system, and OneSource tax system helpful.

Responsibilities

Tax Responsibilities:
Lead and manage the UK and European quarterly and annual tax provision process in accordance with ASC 740 (US GAAP). Participate in discussions with the group’s external auditors regarding European tax matters. Maintain internal tax control documentation and testing, including for the Company’s wholly owned UK Real Estate Investment Trust (REIT). Prepare applicable tax accounting/disclosures for all UK statutory reporting obligations.
Lead and manage all the group’s UK and European tax compliance activities, including UK REIT compliance, UK Corporation Tax, VAT, and Construction Industry Scheme compliance. Manage members of the Tax and Accounting teams in the UK and/or USA as they prepare components of the Company's tax filings.
Oversee the tax aspects of the Company’s UK capital structure, including corporate interest expense limitations, transfer pricing, and cross-border distribution and withholding tax obligations. Lead the development of tax-saving strategies to maximize business profits, including maximizing capital allowance deductions. Assist with other tax planning activities, considering the future strategy of the business, group policy, and local regulations. Work closely with external advisors and internal stakeholders to facilitate the timely and accurate preparation of transfer pricing documentation, including monitoring the tax consequences of intragroup cost allocations.
Prepare and maintain the UK tax governance framework, including the UK tax risk matrix. Represent the company in all dealings with HMRC, ensuring prompt responses to all HMRC enquiries and correspondence. Lead the annual review of the group’s UK Tax Strategy and Tax Policy documentation and the Senior Accounting Officer compliance.
Provide support for the group’s ongoing US tax compliance activities, including US Foreign Reporting, Country-by-Country reporting, and the group’s Pillar II compliance. Participate in UK transaction-related calls with tax colleagues in the US and the group’s external US tax compliance service providers as needed.
Accounting Responsibilities:
Provide support for the Company’s US-based Accounting team on UK merger, acquisition, and disposition activity, including support for UK Board meetings, preparation of applicable financial statements, and accounting journal entries for real estate and operating company investments.
Assist with the preparation of local statutory accounts for all applicable UK companies and subsidiaries. Assist in preparing consolidated statutory accounts for half-year and full-year periods. Support UK senior management with board papers on financial reporting and technical accounting issues.
Prepare and post monthly accruals, journals, and prepayments, including assisting with the month-end management accounts process. Coordinate with Treasury on in-country cash management as well as cross-border cash management activities.
Drive continuous improvement of accounting controls and practices. Produce monthly actuals reporting for UK REIT and its subsidiaries, including operating companies.
Work with third-party operators to provide accounting support for all UK operating company subsidiaries, including budget reconciliations, accruals, and intercompany transactions. Serve as the main contact with external auditors for audit planning and issues.

FAQs

What are the primary responsibilities of the AVP, Accounting & Tax role?

The primary responsibilities include leading and managing UK tax compliance and accounting functions, overseeing tax provision processes, managing tax compliance activities, supporting US tax compliance, providing accounting support for UK mergers and acquisitions, preparing financial statements, and ensuring accuracy in financial reporting.

What qualifications are required for the AVP, Accounting & Tax position?

A Bachelor's degree is required, with knowledge of accounting theory preferred. Professional certification as a UK Chartered Accountant, US CPA, or equivalent is strongly desired. Candidates should have at least 5 years of relevant experience in tax and accounting roles, including experience in Big 4 firms or equivalent in-house experience.

What skills are necessary for success in this role?

Strong leadership and team management skills are essential, along with proficiency in tax compliance, accounting, and financial reporting. Experience in managing cross-border tax compliance, knowledge of GAAP and IFRS, and familiarity with financial systems like Yardi and OneStream are beneficial. Indirect Tax and Employment Tax experience is also helpful.

Is travel required for this position?

Some travel may be required, including trips to the U.S. for meetings or other business-related activities.

What benefits are offered for this role?

The company offers a competitive base salary, annual bonus, generous paid time off, pension scheme, profit-sharing program, tuition assistance, employee stock purchase program, and comprehensive medical/dental/vision options.

Welltower™ Inc. (NYSE:WELL)

Welltower™ is driving the evolution of health care infrastructure so an aging population can live well.

Real Estate

Industry

201-500

Employees

1970

Founded Year

Mission & Purpose

Welltower® (NYSE: WELL) provides real estate capital to the world’s leading health and senior care providers to develop the health care infrastructure necessary to keep people well. In everything we do, we believe in revolutionizing the health care system to improve the quality of life for the aging population. The devastating impact of dementia on people and their families demands new solutions. Together with our operating partners, we’re creating environments to meet the challenges of this complicated and rapidly changing market. Our relationship-based investment approach allows us to work successfully with leading senior housing operators, post-acute care providers and health systems to grow, innovate and ultimately provide better care. We also provide investors with opportunities to capitalize on explosive growth trends driven by an aging population and the evolution of health care. Our commitment to wellness is reflected in the way we work. We promote a culture that fosters creative thinking, collaboration and a deep sense of purpose. We invest in the growth, development and wellbeing of our people through programs such as our manager development program, women’s network, associate rotational program, Welltower University, and much more. In 2016, we official launched the Welltower Foundation that supports organizations and innovations that promote wellness and improve care for people as they age. Follow Welltower to learn more about the important work we do every day to revolutionize the health care system and care for our aging population.