Capital Expenditure

1 month ago

Scottsdale, United States Cogir Senior Living Full time

**ABOUT COGIR SENIOR LIVING**

Join our dynamic team at COGIR Management USA, a subsidiary of Canada's COGIR Real Estate. Specializing in modern aging management, we operate 66 senior living communities across 10 states, encompassing over 7,500 units. Since our inception in 2018, we have seen robust growth through strategic acquisitions, including the notable Cadence Senior Living. Our goal is to further expand across the United States, building on our reputation as a national leader in senior housing. We are dedicated to delivering unparalleled care and amenities, fostering a thriving environment for both residents and team members. Our culture is anchored in Human Focus, Creativity, and Excellence, and we are committed to continual improvement in the senior living industry.

**POSITION OVERVIEW**

As a CapEx Project Coordinator, you will play a crucial role in supporting the Capital Regional Project Manager in various stages of project execution, including planning, scheduling, and cost management. This position is instrumental in coordinating with multiple departments to ensure seamless execution of planning, permitting, design, procurement, construction, and final closeout activities. You will be responsible for maintaining detailed cash flow forecasts and ensuring daily tracking and coordinating project progress to meet milestones and deliverables.

**KEY RESPONSIBILITIES**

**Project Management**:

- Act as the liaison between corporate finance teams, external vendors, lessors, third-party powers, and owner relations teams for capital projects
- Manage and coordinate capital projects as the primary contact, ensuring projects are completed on time and within budget.

**Forecasting and Financial Management**:

- Conduct ongoing financial analysis, including variance analysis and forecasting, to identify trends and support strategic decisions.
- Collaborate with operational teams, providing daily coordination and support for ongoing projects.

**Operations Management**:

- Compile and distribute weekly capital expenditure reports, detailing cost allocations and forecasting quarterly and annual financial projections.
- Monitor and report on project financials, including invoice updates budget overruns, and significant expenditures.
- Participate in monthly strategy calls with Joint Venture partners to discuss project updates, life safety initiatives, and other critical matters.

**CANDIDATE QUALIFICATIONS and EXPERIENCE**

**Educational Background**:

- An associate degree is required; a bachelor's degree is preferred.

**Experience**:

- 3-5 years experience in capital planning and project management, ideally in sectors such as Senior Living, multi-family real estate, hospitality, or similar fields.
- Experience in facility management, design, renovation, or construction is highly advantageous.
- A certified Facility Manager (CFM) or equivalent is desirable.
- Proficiency in TELS is necessary, and experience with Yardi is beneficial.

**Skills**:

- Exceptional time management, communication, and organizational capabilities.
- Strong knowledge of accounting and financial principles, with expertise in budget management.
- Highly self-motivated with meticulous attention to detail and robust problem-solving skills.

**WORK SETTING**
- This is an in-person role at our corporate office in Scottsdale, AZ.
- Regular working hours are Monday to Friday.

**ADDITIONAL REQUIREMENTS**:
This role offers the opportunity to be part of a dynamic team, directly contributing to the success and growth of our capital projects. Join us in a collaborative environment where your skills and dedication will be highly valued and pivotal to our success

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