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CapEx Manager

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Job Description - CapEx Manager


Job Title:                     CapEx Manager


Location:                     Plymouth, Devon


Compensation:           Competitive + Benefits


Role Type:                   Full time / 6 Month Fixed Term Contract


Role ID:                        SF71432


 


At Babcock we’re working to create a safe and secure world, together, and if you join us, you can play your part as a CapEx Manager at our Devonport Royal Dockyard site.


 


The role


As a CapEx Manager, you’ll play a pivotal role in shaping and governing the capital investment portfolio that underpins some of the most important engineering and defence operations in the UK.


 


Day-to-day, your expertise will help strengthen financial decision‑making, optimise investment performance and directly support the sustainability and strategic direction of a site that plays a critical role in UK defence.


 



  • Leading the planning, budgeting and financial oversight of capital investment projects across the Devonport site.

  • Collaborating with engineering, operations, finance and project delivery teams to assess feasibility and ensure alignment with strategic goals.

  • Developing and maintaining robust business case formats and ensuring compliance with Babcock’s Delegation of Authority framework.

  • Creating and managing detailed budget models to support investment decisions and long‑term portfolio planning.

  • Monitoring CAPEX performance, preparing high‑quality financial reporting, and providing clear updates to senior stakeholders.


 


This role is full time, 35 hours per week and on site at Devonport Royal Dockyard.


 


Essential experience of the CapEx Manager



  • Strong experience in capital project management, financial planning, investment analysis and CAPEX business case development.

  • Advanced analytical and technical capability, including financial modelling and the use of tools such as Excel, Power BI, Tableau, Primavera, MS Project and SAP.

  • Excellent communication and stakeholder engagement skills, with a collaborative and influential approach.

  • Strong strategic and commercial thinking, with the ability to make sound decisions under pressure.

  • High level of financial discipline, accuracy and attention to detail across reporting, cost management, scheduling and risk control.


 


Qualifications for the CapEx Manager



  • Degree‑level education or demonstrable equivalent experience in a business change or relevant discipline.



  • Professional certifications such as PMP, CPA or CIMA - Desirable


 


Security Clearance


The successful candidate must be able to achieve and maintain Security Check (SC) security clearance for this role.


 


Many of the positions within our company are subject to national security clearance and Trade Control restrictions. This means that your eligibility for certain roles may be affected by your place of birth, nationality, current or former citizenship, and any residency you hold or have held. Further details are available at United Kingdom Security Vetting: clearance levels - GOV.UK (www.gov.uk).


 


What we offer



  • Generous holiday allowance

  • Matched contribution pension scheme, with life assurance

  • Access to a Digital GP, annual health check, and nutritional consultations through Aviva DigiCare+

  • Employee shopping savings portal

  • Payment of Professional Fees

  • Reservists in the armed forces receive 10-days special paid leave

  • Holiday Trading is a benefit that allows UK Babcock employees to buy additional leave or to sell up to one working week of annual leave from their annual entitlement. This Window opens February through to March annually.

  • ‘Be Kind Day’ enables employees to take one working day's paid leave a year (or equivalent hours) to undertake volunteering work with their chosen organisation or registered charity


 


Babcock


We’re Babcock — a global FTSE 100 organisation with over 26,000 people working together to make a difference.


Here, you’ll be part of something bigger. From initial design to final decommissioning, your work will contribute to products and services that are essential to national security and public infrastructure. Together, we’re building a future that lasts — not just through the impact we make, but through meaningful careers that respect your work-life balance.


 


We call that lifetime engineering.


Join us and see how far we can go, together.


 


We are a disability confident committed employer. If you have a disability or need any reasonable adjustments during the application and selection stages, please email [email protected] with the subject header ‘Reasonable adjustments requirement’. We’re committed to building an inclusive culture where everyone’s free to thrive. We are happy to talk about flexible working – please ask about alternative patterns of work at interview.


 


Closing date: 24/02/2026


#BABDESTNUC


 


 


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