Capital Budget Specialist

Welltower™ Inc. (NYSE:WELL); Frisco (TX); On-site; USD 70,000 - 95,000; Full time

Benefits offered by this job

Base salary plus annual bonus

Stock purchase program

401(k) with profit sharing

Tuition assistance

Medical/Dental/Vision options

Professional growth

Job summary

Welltower Inc. is seeking a Capital Budget Specialist to direct funding, reporting and tracking of construction projects for the Capital teams. You will verify approvals and ensure adherence to procedures, driving value for the Senior Housing portfolio.

Reports to the AVP of Capital Administration. You will develop dashboards, manage budgets in Yardi, review revisions, and ensure project financial integrity across monthly closes, P-card reconciliations, IT property changes, and staff training.

Qualifications

• 1–2 years of experience in budget, financial or business analytics
• Bachelor's degree in finance, accounting, business administration, or related field
• Ability to make decisions on minor issues per company policy
• Strong analytical, time-management, attention to detail and communication skills
• Experience in Real Estate Industry preferred; healthcare or senior living sectors advantageous

Responsibilities

• Develop and maintain comprehensive dashboards to evaluate performance metrics and provide commentary to management
• Fund all Capital, Redevelopment and Facility budgets using Yardi system
• Review and approve budget revisions and ensure approvals and documents are attached
• Address budgetary issues, invoice discrepancies, and pricing discrepancies for financial integrity
• Review, verify and close out jobs on a monthly basis
• Fund and allocate costs for Operator Fee and SHO projects monthly
• Reconcile company p-card for the SHO Team
• Audit and submit property assignment changes to IT regularly
• Train the project team on budget revision processes
• Oversee the purchase order cycle from initiation to completion

Skills

Budget analytics

Financial analysis

Attention to detail

Written and verbal communication

Analytical skills

Time management

MS Office

Outlook

PowerPoint

Adaptability

Education

Bachelor's degree in finance, accounting, business administration, or related field

Tools

Outlook

MS Office

PowerPoint

Adobe

Job description

WELLTOWER – REIMAGINE REAL ESTATE WITH US

At Welltower, we’re transforming how the world thinks about senior living and wellness-focused real estate. As a global leader in residential wellness and healthcare infrastructure, we create vibrant, purpose-driven communities where housing, healthcare, and hospitality converge. Our culture is fast-paced, collaborative, and endlessly ambitious—guided by our mantra: The only easy day was yesterday.

Job Summary

Capital Budget Specialist directs the funding, reporting, and tracking of construction projects for the Capital teams. Verifies all necessary approvals have been obtained and ensures that standard company procedures are followed. Drive value and deliver best in class performance for Senior Housing portfolio. Relies on experience and judgment to plan and accomplish goals. Performs a variety of complex tasks. A certain degree of creativity and latitude is required. Reports to AVP of Capital Administration.

Key Responsibilities

• Develop and maintain comprehensive weekly, monthly, quarterly, and annual financial dashboards to evaluate performance metrics, identify variances and outliers, and provide insightful commentary to management.
• Fund all Capital, Redevelopment and Facility budgets using Yardi system.
• Review and approve budget revisions on daily basis. Ensure all supporting documents are attached and necessary approvals have been obtained, ensure workflow meets company’s policy and approval thresholds.
• Address budgetary issues, invoice discrepancies, and pricing discrepancies as they arise, ensuring financial integrity throughout project execution.
• Responsible to review, verify and close out jobs on monthly basis.
• Fund and allocate costs to pay for Operator Fee and SHO special projects’ invoices on monthly basis.
• Reconcile company p-card for the SHO Team.
• Responsible to audit and submit property assignment changes to IT on regular basis.
• Train the project team on budget revision process.
• Oversee the purchase order cycle from initiation to completion, ensuring accuracy and timeliness in procurement processes.

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.

Minimum Requirements

• Minimum of 1-2 years experience in budget, financial or business analytics
• Bachelor's Degree: A bachelor's degree in finance, accounting, business administration, or a related field is typically required. Relevant certifications or advanced degrees may be considered as a plus.
• Ability to make decisions on minor issues in accordance with company policy.
• Strong analytical, time-management, attention to detail and accuracy, written and verbal communication skills.
• Experience in Real Estate Industry preferred: A strong background in the real estate industry, particularly in capital projects management, or property management, is highly desirable. Experience within the healthcare or senior living sectors is advantageous.
• Ability to work strategically and with significant financial and project management discipline to ensure flawless execution.
• Demonstrated organizational skills and ability to manage multiple projects simultaneously.
• Computer literacy, knowledge of Outlook, MS Office, PowerPoint, Adobe.

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 inthe United States,United Kingdom, andCanada. 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 – ourNorth 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