New

Capital Expenditure Manager

LightPath
$80,000 - $125,000
vision insurance, 401(k)
United States, Colorado, Golden
Jan 15, 2025
Capital Expenditure Manager Job ID: 1235408200 Location: Golden, CO 80401 Lightpath is one of the largest competitive local exchange carriers in the tri-state area. Weown and operate our infrastructure "from the ground up" by deploying over 20,000 route miles connecting 13,500 on-net/LIT buildings. With a strong portfolio of cutting edge solutions for Internet, WAN, Voice, SD-WAN, Security & Cloud services, we enable Enterprise customers of all sizes the ability to react to new challenges while developing best practices for the future. With Lightpath's continued focus on network excellence and a "customer first" service commitment, we are building a workforce of the best talent that will meet the needs of our customers and reflect the diverse communities we serve. Job Summary The Capital Expenditure Manager will play a critical role in evaluating, planning and monitoring the company's investments in fixed assets, infrastructure, and long-term projects. Related capital expenditures as well as budget vs actual analysis. This role focuses on analyzing capital budgets, forecasting expenditures, assessing return on investment (ROI), and ensuring alignment with the organization's strategic financial goals. Responsibilities 1. CapEx Budgeting and Planning Business partnering, develop and maintain capital expenditure budgets in collaboration with department heads. Review CapEx proposals to ensure alignment with organizational priorities and financial constraints. Forecast long-term capital requirements based on strategic initiatives and growth projections. 2. Financial Analysis Conduct detailed financial analyses of CapEx projects, including cost-benefit analyses, ROI, net present value (NPV), and internal rate of return (IRR). Analyze historical CapEx spending trends to identify areas for cost optimization. Evaluate potential risks and sensitivities associated with CapEx investments. 3. Project Monitoring and Reporting Track ongoing capital projects to ensure they stay within approved budgets and timelines. Provide regular reporting on CapEx performance metrics to senior management and stakeholders. Investigate variances between budgeted and actual expenditures, and recommend corrective actions. 4. Cross-Functional Collaboration Partner with operations, engineering, and procurement teams to validate project costs and timelines. Work with finance teams to ensure proper accounting and depreciation of capital assets. 5. Compliance and Governance Ensure all CapEx projects adhere to internal financial controls and regulatory requirements. Assist in preparing documentation for audits related to CapEx spending. 6. Strategic Insight and Recommendations Provide insights on capital allocation strategies to maximize organizational value. Identify opportunities to improve processes and frameworks for CapEx evaluation and monitoring. Qualifications Education and Experience: Bachelor's degree in Finance, Accounting, Economics, or a related field (Master's/MBA is a plus). 3-5 years of experience in financial analysis, budgeting, or related roles, preferably with a focus on CapEx. Technical Skills: Proficiency in financial modeling and analysis tools (e.g., Excel, Power BI, Tableau). Experience with enterprise resource planning (ERP) systems (e.g., SAP, Oracle). Strong knowledge of accounting principles related to fixed assets and capital expenditures. Key Competencies: Analytical mindset with keen attention to detail. Excellent communication skills for presenting financial insights to non-financial stakeholders. Experience in industries with significant CapEx requirements (e.g., manufacturing, telecommunications, or infrastructure). Knowledge of financial regulations related to CapEx reporting and compliance. Ability to work independently and manage multiple projects simultaneously. Strong understanding of project management concepts. Lightpath is an Equal Opportunity Employer committed to recruiting, hiring and promoting qualified people of all backgrounds regardless of gender, race, color, creed, national origin, religion, age, marital status, pregnancy, physical or mental disability, sexual orientation, gender identity, military or veteran status, or any other basis protected by federal, state, or local law. Lightpath collects personal information about its applicants for employment that may include personal identifiers, professional or employment related information, photos, education information and/or protected classifications under federal and state law. This information is collected for employment purposes, including identification, work authorization, FCRA-compliant background screening, human resource administration and compliance with federal, state and local law. This position is identified as being performed in/or reporting to company operations in Colorado. The pay range at the time of posting in the specified locations is $80,000 - $125,000/year. Pay ranges are supplied in compliance with Colorado law. Pay is competitive and based on a number of job-related factors, including skills and experience. Some of our featured benefits include medical, dental, vision insurance, yearly bonus program and company matched 401k.