Director of Capital Assets (TN, Chattanooga)

Five Star Breaktime Solutions•Chattanooga, TN

18h•Hybrid

About The Position

At Five Star Breaktime Solutions, the Director of Capital Assets is responsible for the strategic planning, acquisition, lifecycle management, and optimization of the company’s capital assets. This leadership role ensures capital investments align with operational priorities, financial goals, and long-term business strategy while maximizing asset utilization, reliability, and return on investment. This position partners closely with Finance, Operations, Facilities, Refreshment Services, Dining, Maintenance, and Executive Leadership to support company growth and operational excellence across all business lines.

Requirements

Bachelor’s degree in Finance, Operations Management, Business, or related field preferred
Equivalent combination of education and experience considered
Minimum of 5 years of experience in capital asset management, large-scale operations, or related fields preferred
Experience in multi-site, asset-intensive environments strongly preferred
Experience with CER platforms and/or VendSys preferred
Demonstrated leadership experience with the ability to drive results through others
Strong interpersonal and communication skills
Ability to collaborate effectively with operational and executive leadership teams
Strong organizational skills with a high sense of urgency and follow-through
Proficient with Microsoft Office Suite and standard office software
Ability to review and understand budgets, operating statements, and financial reporting
Strong problem-solving, analytical thinking, and decision-making skills
High standards of professionalism, ethics, and integrity
Ability to pass a pre-employment background check and drug screen
Valid driver’s license with a clean driving record
Willingness to travel, including occasional overnight travel
Ability to remain seated for extended periods and work extensively on a computer
Ability to work in both office and field environments as needed

Nice To Haves

Bachelor’s degree in Finance, Operations Management, Business, or related field
Minimum of 5 years of experience in capital asset management, large-scale operations, or related fields
Experience in multi-site, asset-intensive environments
Experience with CER platforms and/or VendSys

Responsibilities

Oversee the full lifecycle of capital assets from acquisition and deployment through maintenance, replacement, and disposal
Prioritize capital investments based on operational needs, strategic goals, and ROI
Support long-term asset planning and replacement strategies
Establish standards and ensure compliance for asset tracking, depreciation, condition assessments, and replacement planning
Monitor capital spending against approved budgets and timelines
Generate requisitions based on requests from Operations, Refreshment Services, Dining, Maintenance, and Corporate leadership
Gather and validate all information related to requisition submissions before forwarding to the CFO
Communicate rejected requisitions and collaborate with managers to revise and reevaluate requests
Estimate pricing for equipment, labor, and parts to ensure requisition accuracy
Ensure all invoices related to requisitions are processed and paid in a timely manner
Support audits, reconciliations, and financial reporting related to capital assets
Lead sourcing initiatives, vendor selection, contract negotiations, and performance management
Build strong vendor partnerships focused on service, innovation, quality, and cost optimization
Ensure compliance with procurement policies and cost-control expectations
Conduct value assessments prior to acquisitions for all non-fleet assets
Lead and develop teams responsible for capital asset management
Establish performance expectations, development plans, and operational goals for direct reports
Identify opportunities to improve asset efficiency, reduce downtime, and extend equipment life
Serve as a strategic partner to leadership teams across the organization