Senior Manager, Construction Cost Finance, NA

Vantage Data Centers powers, cools, protects and connects the technology of the world's well-known hyperscalers, cloud providers and large enterprises. Developing and operating across North America, EMEA and Asia Pacific, Vantage has evolved data center design in innovative ways to deliver dramatic gains in reliability, efficiency and sustainability in flexible environments that can scale as quickly as the market demands.

Position Description

Vantage is seeking a proactive and diligent Senior Manager of Construction Cost Finance to join the Construction Cost Finance team. This role will be critical in overseeing and optimizing the construction cost finance processes, accounting database, reporting suite, and controls. The Sr. Manager of Construction Cost Finance will lead a team of analysts while partnering with the Design and Construction functions to produce insightful reporting for key business stakeholders and drive strategic financial decisions.

Essential Job Functions

Team Leadership and Development

• Lead, mentor, and develop a team of construction cost analysts.

• Foster a collaborative and high-performance team environment.

• Provide regular feedback and conduct performance evaluations.

• Develop and implement coaching programs to enhance team skills and knowledge.

Project Cost Reporting

• Ensure accurate construction cost forecasts utilizing industry best practices.

• Monitor construction cost actuals against forecasted estimates, identifying any material variances and directing root cause analysis.

• Oversee Construction Administration ("CA") of contracts.

• Oversee QA/QC for project costs to date, cost coding, and monthly forecasts.

• Provide technical accounting expertise on Fixed Assets and Leases under IFRS GAAP, including oversight of fixed assets and leasing issues/risks.

Construction Cost Accounting Operations

• Audit data inputs between Yardi and Procore, sharing feedback on any identified discrepancies.

• Oversee pay application billing review and perform recurring audits.

• Review CAPEX AP invoices and perform recurring audits.

Construction Cost Reporting

• Design, own, and review various KPI schedules.

• Audit databases related to projects and contracts to provide accurate and relevant data or analysis to senior leadership.

• Review monthly EAC proformas.

• Delegate the investigation of CAPEX transactions and assign queries.

• Consolidate CAPEX reports for efficient reporting.

• Review the process of closing out POs as part of the demobilization process of completed contracts and propose changes to enhance efficiency.

• Fine-tune month-end and forecasting processes.

• Lead the external audit process for construction cost-related matters.

Fixed Assets Accounting

• Monitor the system of controls, procedures, and forms for recording fixed assets.

• Audit the compilation of construction in progress into fixed assets accounts.

• Review the execution of depreciation runs and perform depreciation reasonableness checks.

• Audit the reconciliation of the balance in the fixed assets subsidiary ledger to the general ledger.

• Investigate potential obsolescence of fixed assets.

• Direct analyses related to fixed assets.

• Review the forecast of cash flow on capital expenditure for hedging purposes.

• Research and implement best practices and procedures in the CCF department.

• Advise senior leadership on trends related to the performance of construction projects.

• Promote a strong culture of cooperation within the team.

Additional Duties

• Handle additional duties as assigned by management.

Job Requirements

• Bachelor's degree in Finance, Accounting, Construction Management, or a related field. A Master's degree or professional certification (e.g., CFA, CPA) is preferred.

• Advanced knowledge and understanding of construction cost accounting.

• Knowledge of GAAP is required.

• 7-10 years of work experience in a relevant industry (construction, real estate, and/or tech).

• Data Center or Construction industry experience is preferred.

• Knowledge of Yardi Voyager, preferred but not required.

• Knowledge of Procore, preferred but not required.

• Proficient in the Windows and Office 365 environment.

• Demonstrated ability to provide a high level of dedication to customer service with team members and partners.

• Proven ability to efficiently respond to critical issues, challenging inquiries, or complaints.

• Strong critical thinking skills, with the ability to tackle problems and drive efficiencies using metrics and information.

• Successful candidate must be an excellent leader and team player, able to work with a variety of people. Proven ability to successfully lead a team.

• This position requires an organized individual with the capacity to balance multiple projects simultaneously, perform well in a fast-paced environment, and prioritize work efforts, all with minimal direction.

• Travel required is expected to be up to 10% but may increase over time as the business evolves.

Physical Demands and Special Requirements

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

While performing the duties of this job, the employee is occasionally required to stand; walk; sit; use hands to handle, or feel objects; reach with hands and arms; climb stairs; balance; stoop or kneel; talk and hear. The employee must occasionally lift and/or move up to 25 pounds.

Additional Details

• This position is eligible for company benefits including but not limited to medical, dental, and vision coverage, life and AD&D, short and long-term disability coverage, paid time off, employee assistance, participation in a 401k program that includes company match, and many other additional voluntary benefits.

• Compensation for the role will depend on a number of factors, including your qualifications, skills, competencies, and experience and may fall outside of the range shown.

#LI-AH1 #LI-hybrid

We operate with No Ego and No Arrogance. We work to build each other up and support one another, appreciating each other's strengths and respecting each other's weaknesses. We find joy in our work and each other, actively seeking opportunities to inject fun into what we do. Our hard and efficient work is rewarded with an above market total compensation package. We offer a comprehensive suite of health and welfare, retirement, and paid leave benefits exceeding local expectations.

Throughout the year, the advantage of being part of the Vantage team is evident with an array of benefits, recognition, training and development, and the knowledge that your contribution adds value to the company and our community.

Don't meet all the requirements? Please still apply if you think you are the right person for the position. We are always keen to speak to people who connect with our mission and values.

Vantage Data Centers is an Equal Opportunity Employer

Vantage Data Centers does not accept unsolicited resumes from search firm agencies. Fees will not be paid in the event a candidate submitted by a recruiter without an agreement in place is hired; such resumes will be deemed the sole property of Vantage Data Centers.

We'll be accepting applications for at least one week from the date this role is posted. If you're interested, we encourage you to apply soon-we're excited to find the right person and will keep the role open until we do!