Capital Budget Specialist

Welltower™ Inc. (NYSE:WELL) • Frisco, TX

2d

About The Position

The Capital Budget Specialist directs funding, reporting, and tracking for construction projects across the Capital teams. The role verifies that required approvals are obtained and company procedures are followed, and supports value creation and strong performance for the Senior Housing portfolio. It relies on experience and judgment to plan and accomplish goals, and involves a variety of complex tasks requiring some creativity and latitude. The position reports to the AVP of Capital Administration.

The specialist develops financial dashboards and manages budgets, revisions, project closeouts, cost allocations, purchasing workflows, and related reconciliations. The role also addresses financial discrepancies, audits property assignment changes, and trains project teams on the budget revision process.

Requirements

• Minimum of 1–2 years of experience in budget, financial, or business analytics.
• Bachelor’s degree in finance, accounting, business administration, or a related field is typically required.
• Ability to make decisions on minor issues in accordance with company policy.
• Strong analytical, time-management, attention-to-detail, accuracy, written communication, and verbal communication skills.
• Ability to work strategically and with financial and project-management discipline to ensure execution.
• Demonstrated organizational skills and ability to manage multiple projects simultaneously.
• Computer literacy and knowledge of Outlook, MS Office, PowerPoint, and Adobe.

Nice To Haves

• Relevant certifications or advanced degrees may be considered a plus.
• Real estate industry background, particularly in capital projects management or property management, is highly desirable.
• Experience in healthcare or senior living sectors is advantageous.

Responsibilities

• Develop and maintain weekly, monthly, quarterly, and annual financial dashboards to evaluate performance metrics, identify variances and outliers, and provide commentary to management.
• Fund Capital, Redevelopment, and Facility budgets using the Yardi system.
• Review and approve budget revisions daily, verify supporting documentation and required approvals, and ensure workflows comply with company policy and approval thresholds.
• Address budgetary issues, invoice discrepancies, and pricing discrepancies during project execution.
• Review, verify, and close out jobs monthly.
• Fund and allocate costs for Operator Fee and SHO special-project invoices monthly.
• Reconcile the SHO Team company p-card.
• Audit and submit property assignment changes to IT regularly.
• Train the project team on the budget revision process.
• Oversee the purchase order cycle from initiation to completion, ensuring accuracy and timeliness.

Benefits

• Competitive base salary and annual bonus.
• Generous paid time off and holidays.
• Employee Stock Purchase Program with shares available at a 15% discount.
• Employer-matching 401(k) program and profit-sharing program.
• Student Debt Program contribution of up to $10,000 toward student loans.
• Tuition Assistance Program.
• Medical, dental, and vision options.
• Professional growth.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level