Director, Capital Projects
Listed on 2026-09-12
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Finance & Banking
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Management
The Director of Capital Projects (DCP) serves as the centralized owner of capital project execution across the owned asset portfolio, and is responsible for ensuring projects are systematically identified, accurately scoped and budgeted, efficiently executed, and consistently tracked and reported. The DCP is responsible for capital planning, forecasting, vendor procurement, administration of Requests for Proposal (RFPs), project management, and the direct management of Capital Projects Coordinators (CPC).
The position partners closely with Property Management, Asset Management, Accounting, Construction, and executive leadership to deliver a scalable and proactive capital management platform that supports portfolio growth and asset preservation.
Capital Project Management:
- Serve as the primary owner and central point of accountability for portfolio-wide capital expenditure execution.
- Responsible for process development and improvement by providing data-driven recommendations to improve forecast reliability, capital visibility, and budget accuracy.
- Develop and maintain annual capital project plans and project pipelines across the portfolio.
- Lead project identification, scope development, budgeting, procurement, execution, and closeout activities.
- Create, manage, and administer RFPs for capital projects.
- Identify opportunities to leverage purchasing and gain economies of scale
- Evaluate vendor proposals and provide recommendations for project awards and approvals.
- Coordinate project kickoff meetings, schedules, milestones, and stakeholder communication.
- Monitor project progress, budgets, timelines, and risks throughout the project lifecycle.
- Ensure adherence to standardized capital project processes, approval workflows, documentation standards, and naming conventions.
- Maintain comprehensive project documentation and reporting within approved company systems.
- Partner with Property Management to evaluate asset conditions and prioritize capital investments.
- Exhibit an understanding and a demonstrated proficiency in governing documents (i.e. REA, Declaration, Condo documents) and educate CPC on these documents
- Develop proactive replacement and lifecycle strategies for major building systems and components.
- Identify opportunities to improve tenant recovery and reimbursement outcomes related to capital expenditures.
- Responsible for portfolio-wide capital budgets, forecasts, and long-range capital planning initiatives.
- Prepare quarterly capital forecasts, variance analyses, and executive reporting packages.
- Track capital project spends against approved budgets and forecast future expenditures.
- Maintain dashboard reporting and project performance metrics.
- Support annual budgeting and strategic asset planning processes.
- Present capital project updates, forecasts, and strategic recommendations to senior leadership.
- Develop and maintain local, regional, and national vendor relationships supporting capital project initiatives.
- Lead vendor procurement efforts, contractor qualification reviews, and performance management activities.
- Drive consistency in vendor engagement, pricing, project execution, and documentation standards.
- Promote continuous process improvement and operational efficiencies across capital project workflows.
- Direct management of future Capital Projects Coordinator(s). This includes all talent management responsibilities (plan, attract, onboard, develop, retain, transition).
- Manage or participate in Capital Projects Team initiatives and represent the Capital Projects function on corporate projects.
- Participate in the creation and refinement of department-level strategies and operational plans.
- Drive excellence through measurable…
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