Manager of Capital Improvements and Development

Victaulic•Easton, PA

1d•Onsite

About The Position

The Manager of Capital Improvements and Development is a senior leadership position responsible for developing and executing the company's capital investment strategy, growth initiatives, and supporting acquisition evaluations. This role sets strategic direction for all capital projects and facility expansions while managing a team that executes these initiatives across multiple sites. The position oversees capital budgets ranging from tens of millions to hundreds of millions of dollars annually and plays a critical role in shaping the company's long-term growth trajectory. Reports to VP, Global Fabrication & Operational Corporate Development • Manufacturing & Operations.

Requirements

Bachelor's degree in Business, Engineering, Finance, or related field; MBA preferred
10+ years of progressive experience in capital project management, business development, or strategic operations
5+ years in leadership roles managing teams and multimillion-dollar budgets
Proven track record leading large-scale capital projects ($50M+) and/or supporting acquisitions
Strong strategic thinking and business acumen with ability to see big picture while managing details
Financial expertise including capital budgeting, financial modeling, M&A valuation, and NPV/IRR analysis
Experience developing and executing multi-year strategic plans
Demonstrated success building and leading high-performing teams
Exceptional executive communication and presentation skills
Strong analytical capabilities
Ability to influence and drive alignment across all organizational levels
Willingness to travel to facility locations and acquisition targets (20%)

Nice To Haves

Background in manufacturing or multi-site industrial operations
M&A transaction experience including deal sourcing, due diligence, and integration
Experience managing capital programs in high-growth environments
Six Sigma or Lean background
Professional engineering license or PMP certification

Responsibilities

Develop and execute comprehensive capital investment strategy aligned with company growth objectives and market opportunities
Lead long-range capacity planning and facility expansion roadmap (3-5 year horizon)
Set priorities for capital allocation across competing projects, acquisitions, and growth initiatives
Present capital investment strategies and major project recommendations to executive leadership and board
Establish performance metrics and governance frameworks for capital projects organization-wide
Drive continuous improvement in capital project execution, leveraging lessons learned and best practices
Partner closely with Business Development team on acquisition opportunities, providing operational and capital investment expertise
Support Business Development in identifying target capabilities, facility requirements, and strategic fit assessments
Lead operational and technical due diligence process for potential acquisitions
Evaluate facility condition, capacity, equipment, processes, and capital investment requirements for acquisition targets
Develop comprehensive post-acquisition integration strategies and capital investment plans
Assess integration complexity, costs, and timeline requirements to support deal evaluation
Provide operational perspective on deal structure, terms, and valuation discussions
Develop and manage annual capital budget and multi-year capital plans totaling $XX-XXX million
Allocate capital resources across portfolio of projects based on strategic priorities and ROI
Monitor capital spending against budget and forecast, implementing corrective actions as needed
Approve project scopes, budgets, and timelines for major initiatives
Review and approve change orders and budget adjustments for active projects
Report capital spending, project pipeline, and ROI performance to executive leadership
Build and lead high-performing capital projects and development team
Directly manage Strategic Projects Manager and provide strategic guidance on project execution
Set performance objectives, conduct evaluations, and support career development for direct reports
Establish standard processes, tools, and methodologies for project management across the organization
Develop organizational capabilities to support increasing scale and complexity of capital initiatives
Foster culture of accountability, continuous improvement, and strategic thinking within the team
Partner with executive leadership to align capital strategy with business objectives
Collaborate closely with Business Development on acquisition opportunities, providing operational insights while Business Development leads target identification and deal origination
Work with Finance team on capital planning, funding strategies, and financial modeling
Partner with Director of Fabrication to ensure capital investments support operational excellence and efficiency goals
Engage with Mfg Engineering to ensure technical feasibility and innovation in expansion plans
Ensure alignment is in place with Facilities Engineering, Legal, and Distribution on all planned expansions and acquistions
Serve as primary interface between capital projects function and executive team