CAPEX & Portfolio Manager

Company DescriptionTo be the leading producer of glass bottles and jars worldwide you need passion, commitment and innovation baked into the very fabric of a business and its people. For more than 120 years, our glass makers have honed their craft—channeling their creativity into more than 1,800 patents held today. When you join O-I you become part of that story.O-I has more than a century of experience crafting pure, sustainable, brand-building glass packaging for many of the world’s best-known food and beverage brands. We are proud to provide high quality glass packaging for beer, wine, spirits, food, non-alcoholic beverages, cosmetics and pharmaceuticals. We are dedicated to make what matters to shape a healthier, more sustainable and more exciting world. We transform the industry to make glass more relevant and more accessible to more people. Job DescriptionThis role is accountable for the administration and strategic management of North America manufacturing’s capital and expense plans—totaling more than $100MM annually—and serves as the critical liaison between these plans and the assigned manufacturing plants. The CAPEX and Portfolio Manager oversees all 15 plants and collaborates closely with Plant Managers, Plant Engineers, Plant Controllers, Regional Finance Managers, and other key stakeholders to ensure optimal utilization of capital and expense allocations in alignment with organizational objectives.This position is responsible for monthly and quarterly financial close, reporting, and forecasting activities for both North America Regional and O-I Corporate management. These responsibilities demand a strong understanding of accounting principles, tax implications, and compliance with quarter-end and year-end requirements.The role also includes full administration of the 901E system, encompassing the review, creation, and approval of more than 400 submissions annually for the North America region. Furthermore, the CAPEX and Portfolio Manager serves as the sole regional resource for SAP project systems, functioning as both Regional Investment Manager (RIM) and Regional Project Coordinator (RPC) to ensure accurate and efficient execution of capital and expense projects.Responsibilities: Oversee capital and expense planning, forecasting, reporting, and budgeting for assigned plants on a monthly, quarterly, and annual basis, ensuring effective prioritization of business needs.Lead the annual DBB operating expense budgeting process in collaboration with the AMN Engineering team.Support and/or lead the development, review, and implementation of scope, schedule, and cost components for major and minor capital projects at assigned plants.Administer the PSR system by reviewing, authoring, approving, tracking, canceling, and closing funding requests across multiple plant sites.Participate in regional and global technical review processes for major and minor projects, as required by engineering, management, and global standards.Partner closely with Regional Finance and key manufacturing stakeholders to advance projects that support regional strategic objectives.Facilitate monthly meetings with plant teams, process areas, and PMS to align forecasts and optimize the project portfolio.Collaborate with tax and incentive teams to evaluate potential grants and credits by state.Manage vendor and accounts payable relationships to ensure accurate and timely processing of payments and purchase orders.Maintain up-to-date financial and vendor records within the MDM system.Generate purchase requisitions for the hot repair team and provide emergency support to plants as needed.Proactively follow up on outstanding payments and orders with accounts payable and vendors.Coordinate with plant teams and internal accounting to review and ensure compliance with FA8 and FA16 SOX controls.Lead the development and ownership of tools for monthly plant spend forecasting in PowerApps.Align monthly with leadership on overall spend and project prioritization.Manage the capital lease program in partnership with external banks and the treasury department.Monitor and control the issuance of capital lease purchase orders on a daily basis.Identify and mitigate risks related to project execution and portfolio management, communicating findings to the Corporate Capital team.Conduct scenario planning to support additional spending needs and ensure forecast accuracy in alignment with strategic goals.Assist plant and corporate project teams with fixed asset evaluation and the initiation of depreciation processes.QualificationsBachelor’s Degree in Engineering or Finance requiredProject engineering experience, requiredProject Management experience, desiredProject construction Owners Representative experience, desiredProject accounting experience, desiredGlass container manufacturing experience (plant), desired with working knowledge of glass plant processExperience on managing CAPEX projects, requiredMinimum 8 years of experience in manufacturing industries or finance / process / engineeringAdditional InformationWhat we offer at O-I:Salary Range: The expected salary range for this position will be between $105,000 - $125,000. Actual pay will be adjusted based upon candidate experience and other job-related factors permitted by law.O-I offers a very generous benefit package – some of the highlights are:Vacation time and paid holidaysHealth, dental, prescription and vision care coverageGenerous insurance discounts with participation in Company wellness programWellness incentive where you can earn money for your HSA or HRAGroup life insuranceAccidental death & dismemberment insuranceVoluntary employee and dependent life insuranceParental leave benefits401(k) retirement saving plans with defined contributionsAll your information will be kept confidential according to EEO guidelines.O-I is an Equal Opportunity and Affirmative Action Employer committed to building a diverse, equitable and inclusive culture. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status or other protected category. Qualified individuals with disabilities or disabled veterans who are unable or limited in their ability to apply on this site may request reasonable accommodations by emailing View email address on click.appcast.io: Full-timeFunction: ManufacturingExperience level: AssociateIndustry: Packaging And Containers