Director, VIM Finance

Ventas, Inc. • Chicago, IL

99d

About The Position

The Director, VIM Finance will play a critical role in building and supporting the exciting, rapidly growing Ventas Investment Management (“VIM”) business unit. VIM is a strategic growth platform for Ventas. The VIM Platform has $5.0 billion in assets under management and consists of the Ventas Life Science & Healthcare Real Estate Fund, our life science development joint venture with a sovereign wealth fund and our senior housing development state pension fund joint venture. Ventas expects to rapidly grow assets under management, both through the Fund and other joint venture vehicles. Reporting directly to the VP, Finance / VIM CFO, this position will assist the Ventas Investment Management Team in establishing and enhancing the financial processes, controls, reporting and operations for the Fund and other joint ventures. This position will have significant interaction and exposure to the Ventas Executive Leadership team, the VIM team members, Ventas Asset Management, Investments, Capital Markets, FP&A and Accounting teams. The role will also play a critical role interfacing with the Fund administrator, investors and joint venture partners. The ideal candidate possesses a high level of energy, positive attitude, attention to detail and the ability to work effectively and collaborate across work groups.

Requirements

• Bachelor’s degree in Accounting or Finance.
• CPA designation with 10+ years of relevant professional accounting experience in financial services, private equity, or a top-tier accounting firm, with specialization in investment partnerships, hedge fund of funds, mutual funds, or private equity.
• Prior fund or private equity experience with extensive experience managing reporting and compliance in accordance with technical guidance, joint venture agreements and debt agreements.
• Proven ability as a team player, self-starter, and independent thinker with sound judgment and logical reasoning.
• Strong track record of success in dynamic, fast-paced environments requiring flexibility, accuracy, and attention to detail.
• Forward-thinking leader with the ability to drive change, improve processes, create efficiencies, and deliver results to business partners.
• High energy, positive attitude, and ability to manage multiple deadlines, competing priorities, and pressure with minimal supervision.
• Excellent interpersonal skills, with the ability to interact professionally across all levels of the organization, including senior management and joint venture partners.
• Proficiency in Microsoft Excel, PowerPoint, financial analysis software, and related tools.

Nice To Haves

• Experience with Yardi, Longview Close, and/or Vena is a plus.

Responsibilities

• Support VIM CFO in capital planning; equity / debt funding sources, maturity profile, interest rate risk, etc.
• Manage investor capital calls, redemption queue, compliance, transfers and related documentation
• Responsible for all FP&A activity including internal Ventas’s budget and reforecast and annual investor budget requirements
• Review of financial and investor reporting drawing on industry experience in process to ensure compliance with venture and investor compliance
• Work with VIM accounting team on complex and high-profile transactions to support and review proper legal and accounting treatment
• Manage cash position and distributions across ventures
• Work closely with the Capital Markets team, taking ownership of covenant compliance review and forecasted compliance including working with asset management on changing leasing assumptions and their implications
• Develop financing models and financials analysis supporting financing activity including impact on each venture and Ventas
• Develop and review long-term forecasts used in appraisals ensuring the latest leasing / occupancy, rate and capital need assumptions are reasonable for accurate appraisals
• Support portfolio management in various areas such valuation review, capital raising / investor presentations/meetings, and answering investor questions
• Work with team on major quarterly, annual and ad hoc investor meeting materials and presentations including Ventas board materials
• Manage the Fund’s credit facility compliance including reviewing covenant calculations and entity compliance
• Drive continuous improvement within the team through process and technology enhancement projects

Benefits

• Competitive compensation and benefits package

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Education Level: Bachelor's degree
• Number of Employees: 251-500 employees