Capital Strategy Manager

Kroger•Cincinnati, OH

About The Position

The Corporate Capital Strategy Manager is responsible for developing and executing enterprise-wide strategies for maintenance capital investments across all retail divisions. This role collaborates with stakeholders to build asset-level strategies that optimize capital allocation, track end-of-life assets, and leverage maintenance data for data-driven decisions on equipment replacement. The manager will lead lifecycle analyses of equipment, using age, expected lifespan, and maintenance history to forecast capital needs and ensure efficient use of resources. This position serves as a key partner to division leaders, maintenance teams, and finance, ensuring alignment with corporate objectives and long-term asset sustainability. Demonstrate the company’s core values of respect, honesty, integrity, diversity, inclusion, and safety.

Requirements

Minimum 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
Travel independently up to 30%
Must be able to perform the essential functions of this position with or without reasonable accommodation.

Nice To Haves

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

Responsibilities

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.