Travel Requirements: Minimal to none - primarily in-office
Position Summary
The Capital Program Specialist plays a pivotal role in analyzing and optimizing the Capital Improvement Program (CIP). This role ensures projects align with business priorities and operational goals by evaluating financial performance, monitoring capital expenditures, and delivering actionable insights to leadership.
The Capital Program Specialist serves as a liaison between Engineering, Finance, and Operations, ensuring efficient execution of capital projects while maintaining compliance with policies and regulatory requirements.
Key Responsibilities
Provide strategic analysis and guidance to optimize the CIP, ensuring alignment with company priorities and operational goals.
Refine capital spending forecasts and budgets by incorporating changes in project scopes, schedules, and costs, delivering actionable recommendations to address variances.
Design and maintain performance dashboards and key metrics to track CIP progress, financial performance, and risk management, supporting data-driven decision-making.
Collaborate with cross-functional teams to prioritize and implement capital projects, ensuring effective communication and seamless execution across departments.
Conduct program audits and quality assurance reviews to ensure compliance with policies and identify opportunities for improvement.
Support the development and monitoring of annual and multi-year CIP budgets, including regulatory compliance for General Rate Cases.
Analyze and prepare detailed reports on program performance, including variance analyses and progress evaluations, to inform leadership and drive continuous improvement.
Preferred Technical Skills & Qualifications
Strong analytical skills with the ability to assess data and provide actionable recommendations.
Expertise in financial analysis, capital program planning, and forecasting.
Advanced Excel skills for spreadsheet management and financial modeling.
Experience pulling and analyzing financial numbers from financial applications.
Background in Capital Improvement Projects (CIP), particularly in utilities or public works.
Effective communication skills, both verbal and written, to engage with project engineers and key stakeholders.
Familiarity with utility-based capital projects and industry best practices.
Education & Experience Requirements
Bachelor's degree in Project Management, Finance, Business, or a related field.
Minimum of five years of experience in capital planning, project management, financial analysis, or a related role.
Experience in the utilities or public works sector (utilities preferred).
Proven ability to collaborate across departments and provide data-driven recommendations to leadership.
This position offers a challenging and rewarding work environment, competitive salary, and an excellent benefits package while making a meaningful impact on critical infrastructure projects.