Director, VIM Finance

Overview

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.

Ventas is positioned at the intersection of real estate, healthcare, and innovation to help people live longer, healthier, happier lives.

The Director, VIM Finance will play a critical role in building and supporting the 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, a life science development joint venture with a sovereign wealth fund, and a 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 role will have significant interaction with the Ventas Executive Leadership team, the VIM team, Ventas Asset Management, Investments, Capital Markets, FP&A and Accounting teams, and will interface with the Fund administrator, investors and joint venture partners.

• Support VIM CFO in capital planning; equity / debt funding sources, maturity profile, interest rate risk, etc.
• Manage investor capital calls, redemption queues, compliance, transfers and related documentation
• Be responsible for all FP&A activity including Ventas’s internal budget, reforecasting, and annual investor budget requirements
• Review financial and investor reporting to ensure compliance with venture and investor requirements
• Work with the VIM accounting team on complex transactions to support and review proper legal and accounting treatment
• Manage cash position and distributions across ventures
• Collaborate with the Capital Markets team on: covenant compliance review and forecast, and updating leasing assumptions and implications
• Develop financing models and financial analyses supporting financing activity and impact on each venture and Ventas
• Develop and review long-term forecasts used in appraisals with reasonable leasing/ occupancy, rate and capital need assumptions
• Support portfolio management in valuation reviews, capital raising, investor presentations/meetings, and answering investor questions
• Prepare quarterly, annual and ad hoc investor meeting materials and presentations, including Ventas board materials
• Manage the Fund’s credit facility compliance including covenant calculations and entity compliance
• Drive continuous improvement within the team through process and technology enhancements
• Collaborate across VIM activities and contribute to additional projects as opportunities arise

• 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 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.
• Must be located in the Chicago, IL, Louisville, KY, or New York, NY surrounding area or willing to relocate for the duration of employment.
• Willingness to work in a blended environment with 3 days in office and remote work.
• Proven team player, self-starter, independent thinker with sound judgment and logical reasoning.
• Strong track record in dynamic, fast-paced environments requiring flexibility, accuracy, and attention to detail.
• Forward-thinking leader capable of driving change, improving…