Capital Budget Specialist

Welltower Careers • Plano, TX

13d

About The Position

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.

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.
• 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.
• 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.

Nice To Haves

• Relevant certifications or advanced degrees may be considered as a plus.
• 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.

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.

Benefits

• 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!

What This Job Offers

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