Capital Strategy Manager
Kroger Co.
Cincinnati, OH
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JOB DETAILS
JOB TYPE
Full-time
SKILLS
Analysis Skills, Best Practices, Budgeting, Business Strategy, Capital Allocation, Capital Project, Communication Skills, Computerized Maintenance Management System (CMMS), Construction Engineering, Construction Management, Diversity, Electrical Engineering, Engineering Management, Equipment Replacement, Facilities Engineering, Facilities Management, Finance, Financial Control, Financial Policies, Forecasting, HVAC, Investment Capital, Leadership, Maintenance Services, Mechanical Engineering, Microsoft Office, Multitasking, People Management, Performance Analysis, Performance Reviews, Presentation/Verbal Skills, Procedure Implementation, Process Improvement, Project Development, Project/Program Management, Refrigeration, Regulations, Regulatory Requirements, Reporting Skills, Retail, Standard Operating Procedures (SOP), Standards Development, Sustainability, Systems Maintenance, Willing to Travel, Writing Skills
LOCATION
Cincinnati, OH
POSTED
30+ days ago
- Bachelor's degree in electrical engineering, mechanical engineering, construction, or comparable related field experience (or equivalent field experience)
- 7+ years of experience in capital management
- Strong knowledge of lighting, refrigeration, HVAC, and building envelope standards
- Strong knowledge of dispatch operations, maintenance systems, and safety regulations.
- Proven experience in developing and implementing standard operating procedures (SOPs).
- Excellent leadership, communication, and project management skills.
- Proficiency in CMMS (Computerized Maintenance Management Systems), dispatch software, and Microsoft Office Suite.
- Demonstrated sound business judgment and the ability to work successfully with all levels of professionals, backgrounds, and perspectives
- Ability to manage multiple departments and simultaneous projects, as well as effectively delegate work
- Strong financial skills
- Excellent oral and written communication skills
- Able to climb ladders and stairs
Desired
- 7+ years of experience building strategies around capital project development
- Experience as Maintenance Manager, Facility Engineering Manager, Construction Manager, Assistant Construction Manager, Sr. Project Manager or Corporate Capital Execution Manager
- Build and maintain an asset-level strategy for maintenance capital, collaborating with all retail divisions to ensure alignment with enterprise goals.
- Conduct comprehensive lifecycle analyses on all equipment, factoring in age, expected lifespan, and maintenance data to forecast capital needs and replacement schedules.
- Utilize maintenance spend and projected costs to identify when equipment replacement is more cost-effective than continued repairs, ensuring optimal capital allocation.
- Establish and maintain systems to track end-of-life assets, integrating maintenance data to support proactive replacement planning.
- Partner with division leaders, maintenance teams, and finance to gather input, share insights, and drive consensus on capital strategy decisions.
- Develop models and tools to forecast maintenance capital needs across the enterprise, supporting annual budgeting and long-term planning.
- Prepare regular reports and presentations for senior leadership, summarizing capital strategy outcomes, asset health, and forecasted needs.
- Champion and implement process improvements in capital planning, leveraging technology and best practices to enhance efficiency and accuracy.
- Ensure all capital strategy activities comply with company policies, financial controls, and regulatory requirements.
- Provide guidance and training to team members and stakeholders on capital strategy principles, lifecycle analysis, and data utilization.
- Supervise and coach direct reports in the performance of their duties; complete performance reviews and provide feedback to direct reports.
- Travel independently up to 30%
- Must be able to perform the essential functions of this position with or without reasonable accommodation.
About the Company
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