Our Mississauga client is in need of a Capital Manager for the next 9 months with strong potential for the role to become permanent. The Capital Manager will be responsible for the management and continuous improvement of the planning and execution of the capital budget annual cycle prioritization processes for each business unit. The Capital Manager will provide resource and business support to the departmental VPs for financial and analytical support for the annual Capital Plan, forecasts, business case development, post implementation review, and ad-hoc requests.
Financial Controls related to work in process including, but not limited to, review of abandoned projects for write-downs and identification of existing assets impacted by new projects (change in amortization periods)
Manage the steps required to transfer completed projects to the fixed asset subledger.
Manage the process of allocating labour and ensuring the capitalization of labour complies with policy.
Plan and coordinate the annual capital planning cycle, with the approval of the director
Actively involved in the preparation of the annual capital planning including development of 5 Year Strategic Capital Plans
Act as a subject matter expert with respect to the Capital Planning processes and a key resource who assists, and provides clear and concise guidance to, the various Business Unit(s) VPs, Directors, Associate Directors and Managers
Provides coordination, analysis and input for target setting, prioritization and funding decisions
Provides support for the long-term capital and infrastructure planning, and financial strategy
Manages and enforces the Project Funding Approval process
Generates financial information and performs analysis as required
Provides capital program analysis and linkage to OPEX (operating impact, depreciation forecast, etc.).
Performs project post-implementation analysis and provides “lessons-learned” type reports
Minimum 3 – 7 years’ experience in strategic financial capital planning by running sophisticated financial modeling
Very Strong Microsoft Excel Skills with the ability to build sophisticated financial models and conduct sensitivity analysis
