Senior Manager - Capital Procurement

Reynolds Consumer Products•Lake Forest, IL

14d•Hybrid

About The Position

Join Reynolds Consumer Products …and Drive Your Career across a world of opportunities! We provide amazing job opportunities for growth with competitive salaries and benefits in an exciting, dynamic, fast-paced, and high-performance organization. If you are looking to build a strong career, we have an opportunity for you! We are searching for Senior Manager - Capital Procurement at our corporate headquarters located in Lake Forest, IL. Responsibilities Your Role: The The Capital Procurement Senior Manager leads the strategic sourcing and procurement of capital equipment, major engineering services, and large-scale capital projects across the organization. This role is responsible for developing sourcing strategies, managing supplier relationships, ensuring cost-effective project execution, and partnering closely with Engineering, Operations, Finance, and Executive Leadership to deliver reliable, high-quality capital investments. leads the strategic sourcing and procurement of capital equipment, major engineering services, and large-scale capital projects across the organization. This role is responsible for developing sourcing strategies, managing supplier relationships, ensuring cost-effective project execution, and partnering closely with Engineering, Operations, Finance, and Executive Leadership to deliver reliable, high-quality capital investments. You will have the opportunity to Make Great Things Happen! Strategic Leadership & Governance Develop and execute a multi-year capital procurement strategy aligned with corporate growth, operational efficiency, and sustainability goals. Establish governance frameworks, procurement policies, and sourcing standards for capital projects. Lead capital spend planning, forecasting, and annual budgeting from a procurement perspective. Partner with Engineering, Operations, and Finance to prioritize projects and ensure alignment with business needs. Capital Project Sourcing Oversee end-to-end sourcing for capital equipment, construction, major upgrades, and facility expansions. Develop sourcing strategies, RFPs, bid evaluations, commercial models, and negotiation playbooks for smaller to multimillion-dollar capital projects. Drive total cost of ownership (TCO) analysis, cost modeling, and value-engineering initiatives to optimize project budgets. Work with engineering team members to do “should cost” modeling to get to the right cost for the capital projects. Ensure all procurements meet regulatory, safety, and quality requirements. Supplier Management Build and manage long-term strategic supplier partnerships across equipment manufacturers, engineering firms, contractors, and OEMs. Oversee supplier qualification, performance monitoring, and corrective action processes. Negotiate complex commercial agreements, service contracts, warranties, and performance guarantees. Lead risk mitigation efforts, including supply continuity, financial stability assessments, and contract compliance. Cross-Functional Collaboration Collaborate with Engineering on equipment specifications, lifecycle considerations, and technology selections. Partner with Project Managers to ensure on-time equipment delivery, installation, and commissioning. Align with MRO Sourcing Manager to achieve best TCO for spare parts. Align with Service Sourcing Manager to achieve best TCO for service from OEMs. Align with Finance and Legal on contract terms, capex governance, and audit compliance. Align with Procurement Operations team to ensure supplier terms and conditions are implemented to company’s policies. Team with Procurement Analysts to develop sourcing cycle and implement wins from the RFPs. Team with Procurement Coordinators on implementing the T&C from established contract with Suppliers while transacting Purchase Orders and Invoices. Engage senior leadership with clear communication on project timelines, risks, and procurement strategies. Team Leadership Contribute towards strengthening organizational capability in capital sourcing, negotiation, and supplier management and cross functional engagement. Live a culture of continuous improvement, collaboration, and accountability. You will love it here if… You put safety first, always You listen, learn, and evolve You are passionate about collaboration, teamwork, and achieving shared goals You treat all people with respect, operating ethically, and embrace inclusivity You are committed to improving our impact on local communities

Requirements

Bachelor’s degree in Supply Chain, Engineering, Business, Finance, or related discipline.
10+ years of procurement or strategic sourcing experience, with significant experience managing large capital projects.
Proven experience negotiating complex contracts with equipment OEMs, engineering firms, and construction partners.
Strong financial acumen, including cost modeling, TCO analysis, and ROI understanding.
Expertise in project management, risk mitigation, and cross-functional leadership.

Nice To Haves

MBA or Master's degree in related field.
Intellectual Curiosity: Do you have an inquisitive nature?
Problem Solving: Do you have a knack for tackling issues head-on?
Entrepreneurship: Do you enjoy taking ownership of your work?
Customer Centricity: Do you always act in the best interests of the customer, putting their needs first?
Growth Mindset: Do you focus on progress rather than perfection?
Continuous Improvement: Are you never satisfied with the status quo?

Responsibilities

Strategic Leadership & Governance Develop and execute a multi-year capital procurement strategy aligned with corporate growth, operational efficiency, and sustainability goals.
Establish governance frameworks, procurement policies, and sourcing standards for capital projects.
Lead capital spend planning, forecasting, and annual budgeting from a procurement perspective.
Partner with Engineering, Operations, and Finance to prioritize projects and ensure alignment with business needs.
Capital Project Sourcing Oversee end-to-end sourcing for capital equipment, construction, major upgrades, and facility expansions.
Develop sourcing strategies, RFPs, bid evaluations, commercial models, and negotiation playbooks for smaller to multimillion-dollar capital projects.
Drive total cost of ownership (TCO) analysis, cost modeling, and value-engineering initiatives to optimize project budgets.
Work with engineering team members to do “should cost” modeling to get to the right cost for the capital projects.
Ensure all procurements meet regulatory, safety, and quality requirements.
Supplier Management Build and manage long-term strategic supplier partnerships across equipment manufacturers, engineering firms, contractors, and OEMs.
Oversee supplier qualification, performance monitoring, and corrective action processes.
Negotiate complex commercial agreements, service contracts, warranties, and performance guarantees.
Lead risk mitigation efforts, including supply continuity, financial stability assessments, and contract compliance.
Cross-Functional Collaboration Collaborate with Engineering on equipment specifications, lifecycle considerations, and technology selections.
Partner with Project Managers to ensure on-time equipment delivery, installation, and commissioning.
Align with MRO Sourcing Manager to achieve best TCO for spare parts.
Align with Service Sourcing Manager to achieve best TCO for service from OEMs.
Align with Finance and Legal on contract terms, capex governance, and audit compliance.
Align with Procurement Operations team to ensure supplier terms and conditions are implemented to company’s policies.
Team with Procurement Analysts to develop sourcing cycle and implement wins from the RFPs.
Team with Procurement Coordinators on implementing the T&C from established contract with Suppliers while transacting Purchase Orders and Invoices.
Engage senior leadership with clear communication on project timelines, risks, and procurement strategies.
Team Leadership Contribute towards strengthening organizational capability in capital sourcing, negotiation, and supplier management and cross functional engagement.
Live a culture of continuous improvement, collaboration, and accountability.