POSITION PURPOSE

The Capex Manager is responsible for planning, managing, and optimizing capital expenditure (Capex) investments within the organisation. This role ensures that capital projects align with business objectives, are executed within budget and timelines, and comply with financial policies and regulatory requirements.

The Capex Manager collaborates with various departments, including finance, operations, and procurement, to drive cost-effective and strategic investment decisions.

ESSENTIAL FUNCTIONS AND BASIC DUTIES
1. Capital Expenditure Planning & Budgeting
• Develop and manage the annual Capex budget in collaboration with senior management.
• Identify and prioritize capital investment opportunities to support business growth and operational efficiency.
• Evaluate business cases for capital projects, ensuring alignment with company strategy and financial viability.

2. Project Evaluation & Financial Analysis
• Conduct cost-benefit analysis, ROI calculations, and risk assessments for Capex projects.
• Track the financial performance of Capex investments and provide variance analysis.
• Ensure cost control measures are in place and financial targets are met.

3. Capex Project Execution & Monitoring
• Oversee project implementation, ensuring compliance with budget, timeline, and quality standards.
• Oversee the entire lifecycle of capital projects, from initiation to completion.
• Work closely with project managers, procurement teams, and vendors to optimize project execution.
• Ensure adherence to company policies, regulatory requirements, and industry best practices.
• Implementing safety protocols and procedures to protect personnel and assets.
• Ensuring that projects are completed on time and within budget.
• Selecting and managing the personnel involved in capital projects.
• Overseeing the selection and management of contractors and vendors: Ensuring strict adherence to quality and safety standards.
• Negotiating with vendors and suppliers: Securing favourable terms and conditions for procurement

4. Stakeholder Collaboration & Reporting
• Act as a key liaison between finance, operations, and procurement teams.
• Present Capex plans and financial reports to senior management and key stakeholders.
• Provide insights and recommendations to optimize Capex efficiency and performance.

5. Process Improvement & Compliance
• Develop and implement policies and procedures for effective Capex management.
• Ensure compliance with financial regulations, internal controls, and governance policies.
• Continuously seek opportunities for process improvement and cost optimization.
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PERFORMANCE MEASUREMENTS
• Accuracy of Capex budget planning vs. actual expenditure.
• ROI and financial performance of Capex projects.
• Project completion rate within budget and timeline.
• Compliance with financial policies and governance standards.
• Process improvements leading to cost savings and efficiency gains.


QUALIFICATIONS & EXPERIENCE
• Education: Bachelor’s degree in Construction Management, Quantity Surveyor, Business Administration, Engineering, or a related field.
• Experience: 5+ years of experience in Capex management, financial planning, investment analysis, or related roles. Experience in manufacturing, construction, or asset-intensive industries is preferred.
• Financial Acumen: Strong understanding of capital budgeting, financial modelling, and investment analysis.
• Project Management: Experience managing large-scale capital projects with cross-functional teams.
• Analytical & Problem-Solving Skills: Ability to interpret financial data, conduct ROI analysis, and provide strategic insights.
• Communication & Collaboration: Excellent stakeholder management, negotiation, and presentation skills.
• Technical Skills: Proficiency in ERP systems, financial software, and MS Excel (advanced).