Capital Budget Specialist

About the role

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. Drives value and delivers best‑in‑class performance for the senior housing portfolio. Relies on experience and judgment to plan and accomplish goals, performing a variety of complex tasks that require creativity and latitude. Reports to the AVP of Capital Administration.

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 the Yardi system.
• Review and approve budget revisions on a daily basis, ensuring all supporting documents are attached, necessary approvals obtained, and workflow meets company policy and approval thresholds.
• Address budgetary issues, invoice discrepancies, and pricing discrepancies as they arise, ensuring financial integrity throughout project execution.
• Review, verify, and close out jobs on a monthly basis.
• Fund and allocate costs to pay for Operator Fee and SHO special projects’ invoices on a monthly basis.
• Reconcile the company p‑card for the SHO team.
• Audit and submit property assignment changes to IT on a regular basis.
• Train the project team on the budget revision process.
• Oversee the purchase order cycle from initiation to completion, ensuring accuracy and timeliness in procurement processes.

Requirements

• Minimum of 1–2 years experience in budget, financial, or business analytics.
• Bachelor’s degree in finance, accounting, business administration, or a related field (relevant certifications or advanced degrees 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 the real estate industry, particularly in capital projects management or property management; experience within the healthcare or senior living sectors is advantageous.
• Ability to work strategically with significant financial and project‑management discipline to ensure flawless execution.
• Demonstrated organizational skills and ability to manage multiple projects simultaneously.
• Proficiency with Outlook, Microsoft Office, PowerPoint, Adobe; general computer literacy.
• Employment contingent upon successful completion of background check, drug screening, and verification of credentials.

Benefits

• Competitive base salary plus annual bonus.
• Generous paid time off and holidays.
• Employee Stock Purchase Program – purchase shares at a 15 % discount.
• Employer‑matching 401(k) program with profit sharing.
• Student debt program – up to $10,000 contribution toward student loans.
• Tuition assistance program.
• Comprehensive medical, dental, and vision options.
• Professional growth opportunities and more.

About Welltower

Welltower® Inc. (NYSE: WELL), an S&P 500 company, is the world’s preeminent residential wellness and healthcare infrastructure company. Its portfolio of 1,500+ senior and wellness housing communities spans the United States, United Kingdom, and Canada, creating vibrant environments where housing, healthcare, and hospitality intersect. Welltower also supports physicians in outpatient medical buildings with critical infrastructure. The organization views itself as a product company within a real‑estate wrapper, driven by data‑science‑powered capital allocation and the Welltower Business System to deliver long‑term, compounding growth for investors. Welltower is committed to leveraging a diverse workforce to create great opportunities for its business and its people.