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Manager, Treasury Operations - Real Estate / Property Management industry experience required

Manager, Treasury Operations - Real Estate / Property Management industry experience required

WelltowerNew York, NY, US
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Manager, Treasury Operations

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 ambitiousguided by our mantra : The only easy day was yesterday.

We're looking for bold, independent thinkers who thrive on challenge, embrace complexity, and are driven to deliver long-term value. Every team member is empowered to think like an owner, innovate fearlessly, and lead from where they stand. If you're passionate about outcomes and inspired by the opportunity to shape the future of healthcare infrastructure, we want you on our best-in-class team.

As a Treasury Manager at Welltower, you will play a pivotal role in the optimization of treasury operations by supporting our operating partners and ensuring smooth implementation of banking and treasury tools and processes across our corporate and property level bank structure. This is a unique opportunity for treasury professionals to be at the forefront of a transformative initiative, shaping the future of cash management while contributing to a best-in-class S&P500 company that is a high volume and intensity investment organization. The ideal candidate will possess a strong background in structuring bank accounts, treasury operations, and a proven track record of driving efficiency and effectiveness in cash management processes.

Key Responsibilities :

  • Implementation and Integration : Support the treasury function's involvement in the transition to an integrated and streamlined banking structure across property-level and corporate bank accounts, collaborating with cross-functional teams to ensure seamless integration of treasury processes.
  • Property-Level Treasury Operations : Support day-to-day property-level treasury operations, including account reconciliation, forecasting, liquidity management, ensuring compliance with internal policies and regulatory guidelines.
  • Bank Account Setup and Structuring : Develop and implement strategies for structuring bank accounts to optimize cash management efficiency, taking into account the diverse needs of operators and regulatory requirements.
  • Process Improvement : Continuously evaluate existing treasury processes and systems, identifying areas for improvement and implementing initiatives to enhance efficiency, accuracy, and scalability.
  • Stakeholder Management : Collaborate effectively with internal stakeholders, including finance, accounting, legal, and IT teams, to achieve treasury objectives and support broader organizational goals.
  • Risk Management : Assess and mitigate treasury-related risks, including cyber security risk, liquidity risk, interest rate risk, and counterparty risk, by implementing robust risk management frameworks and monitoring mechanisms.

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.

Travel : Some travel is expected.

Minimum Requirements :

  • Bachelor's degree in Finance, Accounting, or related field; MBA or CTP (Certified Treasury Professional) certification preferred.
  • Minimum of 5 years of experience in treasury management, with a focus on bank account structuring and treasury operations.
  • Proven experience with treasury management systems (TMS), property management systems and proficiency in Microsoft Excel and financial modeling.
  • Strong understanding of cash management principles, banking products, and regulatory requirements.
  • Excellent analytical skills and attention to detail, with the ability to synthesize complex information and communicate insights effectively.
  • Demonstrated leadership abilities, with experience leading cross-functional projects and driving change initiatives.
  • Strong interpersonal and communication skills, with the ability to collaborate effectively with stakeholders at all levels of the organization.
  • Compensation : Salaries may vary by location. The range for this role in New York City is $110,000 - $145,000 plus bonus. Final compensation determinations are made based on a variety of factors, including, but not limited to, the candidate's individual experience, education, and skill level; business strategic priorities; primary office location; scope and anticipated strategic impact of the role.

    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!
  • 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 in the United States, United Kingdom, and Canada. 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 our North 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.

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    Treasury Management • New York, NY, US

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