CAPEX Finance Manager

Description

Are you curious about solving complex business challenges for a leading convenience retailer? Do you have a passion for cross functional collaboration? Then you may be the perfect addition to our team!

Are you curious about solving complex business challenges for a leading convenience retailer? Do you have a passion for cross functional collaboration? Then you may be the perfect addition to our team!
Cumberland Farms is one of the fastest-growing convenience retailers in the United States, committed to becoming America’s #1 ‘one-stop’ destination. The business has an established pedigree of delivering excellent fuel, grocery and merchandise, and food service. Headquartered in Westborough, Massachusetts, our Company has grown to over 1,500+ locations across the United States employing over 18,000 team members. You can find us operating under the following store banners:
Certified Oil, Cumberland Farms, Fastrac, Kwik Shop, Loaf N Jug, Minit Mart, Sprint Food Stores, Tom Thumb, Turkey Hill, and Quik Stop. Our US headquarters in Westborough, MA is home to our Store Support Center, Company Warehouse, and Culinary Center.

• Competitive Wages
• Work today, get paid tomorrow through our earned wage access program*
• Paid Time Off
• Medical/Health/Dental Coverage
• 401K with Company Match
• Team Member Discounts
• Tuition Reimbursement
• Employee Assistance Program
• Health Savings Account
• Company Spirit Days
• Employee recognition and awards
• And much more!

Sitting within the Finance team, the CAPEX Finance Manager owns the tracking, forecasting, and financial oversight of all capital expenditure (capex) across the business. The role manages and coordinates capital investment cases with stakeholders and runs the monthly CAPEX Monthly Performance Review (MPR) and forecast cycles, ensuring capital projects are delivered in line with company financial policies and strategic objectives. While the remit spans capex business-wide, a significant portion of the role is focused on partnering with the Construction department, which represents approximately half of total capex spend.

The position works closely with operational teams, Accounting, and external vendors to provide reporting, budgeting, forecasting, and process improvement support.

• Own and be responsible for all capital expenditure (capex) spend tracking and forecasting across the business
• Manage and own capital expenditure investment cases (business cases), coordinating with stakeholders across the business to ensure robust financial justification, approval, and post-investment review
• Business partner closely with the Construction team, which represents approximately half of total capex spend, providing dedicated financial support, oversight, and challenge
• Manage the monthly CAPEX Monthly Performance Review (MPR) and monthly forecast cycles, ensuring timely and accurate reporting of actuals, forecasts, and variances
• Manage accounting activities associated with capital expenditures and project budgets across the business, including construction
• Track, analyze, and reconcile capital budgets across the business, specific emphasis on construction, with variance analysis and reporting
• Prepare monthly financial forecasts, accruals, reconciliations, and budget reporting packages for Finance and Accounting departments
• Assist with the capital expenditure approval processes, including review and tracking of AFE requests and project approvals
• Develop dashboards, financial reports, and operational analytics using ERP systems and Microsoft Excel
• Support forecasting and long range capital planning initiatives
• Analyze project costs, identify trends, investigate variances, and provide recommendations for cost control and operational…