The Product Development Capital Investment Planning Specialist is responsible for planning, monitoring, analyzing, and reporting capital expenditures related to non-new model investments. This role ensures accurate budget forecasting, project tracking, financial reporting, and governance of capital investment activities across manufacturing, facilities, equipment, and infrastructure improvement projects. The specialist works closely with finance, engineering, facility operations, procurement, and project management teams to support effective decision-making and optimize capital spending.
Capital Planning
- Develop and maintain annual and multi-year capital investment plans
- Coordinate with business units to identify, prioritize, and justify capital investment opportunities
- Support preparation of capital authorization requests and investment proposals
- Ensure alignment of investment plans with corporate objectives and financial targets
Investment Tracking & Reporting
- Monitor capital project budgets, forecasts, commitments, and actual expenditures
- Track project performance against approved schedules, scope, and financial targets
- Maintain capital investment databases, trackers, and reporting systems
- Generate weekly, monthly, quarterly, and annual capital expenditure reports
- Identify budget variances and recommend corrective actions
Financial Analysis
- Analyze capital spending trends and forecast future expenditures
- Support ROI, payback, NPV, and other investment analyses
- Assist with financial evaluations for equipment upgrades, facility improvements, and operational enhancement projects
- Ensure proper capitalization and compliance with accounting policies
Project Coordination
- Collaborate with engineering, maintenance, operations, finance, and procurement teams throughout project lifecycles
- Monitor project milestones and highlight risks that may impact timing or budget
- Facilitate project reviews and management reporting meetings
- Support audit requests and documentation requirements
Data Management & Governance
- Maintain accurate records of project approvals, expenditures, and status updates
- Ensure data integrity within capital planning and tracking systems
- Develop and improve investment tracking tools, dashboards, and performance metrics
- Support continuous improvement initiatives related to capital management processes
Basic Qualifications:- Bachelor's degree or higher in Finance, Accounting, Business Administration, Engineering, Project Management, or a related field
- 8+ years of experience in capital planning, financial analysis, project controls, or investment tracking
- Strong proficiency in Microsoft Excel, Power BI, SAP, Oracle, or similar financial systems
- Experience managing budgets, forecasts, and financial reporting
- Strong analytical and problem-solving skills
Preferred Qualifications:- Manufacturing, automotive, industrial, or facilities management experience
- Project Management Professional (PMP) certification or equivalent
- Experience with capital authorization and investment approval processes
- Advanced data visualization and reporting skills
Key Competencies:- Financial analysis and forecasting
- Capital expenditure management
- Budget planning and control
- Project tracking and reporting
- Data analysis and dashboard development
- Attention to detail
- Cross-functional collaboration
- Communication and presentation skills
- Continuous improvement mindset
