Jobs · Finance · Texas

Cost Control Manager

QTS Data Centers · Dallas, TX · 1 mo ago
FinanceFull-time

About the Company

QTS is a global leader in digital infrastructure, designing, building and operating advanced data centers that support strategic AI, cloud and digital transformation initiatives. The company’s mission is to connect the world for good, driven by creativity, dedication, and genuine care for communities.

About the Role

The Cost Control Manager is responsible for managing construction budgets from project inception through completion in accordance with construction contract documents, including validation of potential change orders and associated cost. The position involves leading and collaborating with project management teams (internal and external), vendors, cost consultants, and finance and accounting teams.

Responsibilities

  • Examine construction contract documents and ensure continuous compliance with the contract and relevant laws.
  • Evaluate contractors' requests to award (RTA) to subcontractors, provide recommendations to the project management team for review, and monitor buyout savings.
  • During the monthly review of the pay application, ensure that contractors' schedule of values aligns with the contract, verify required documentation, reconcile the project budget as needed, and inform project management teams.
  • Initiate purchase orders for vendors and ensure invoices comply with the agreed terms.
  • Obtain detailed monthly cash flow projections from the contractor, reconcile projections with actual figures, and provide these projections to the capital and investment teams.
  • Evaluate potential change order events by thoroughly reviewing contract documents and relevant cost information and offer well‑informed recommendations to project management teams, including substantiating claim positions.
  • Maintain a log of potential change orders and their approximate costs, track approved change orders, manage the internal approval process for change orders according to the delegation of authority, and ensure review by the legal department as necessary.
  • Support the finance team with the monthly loan draw process as required, including acquiring any necessary documentation from the contractor or its subcontractors.
  • Conduct weekly and bi‑weekly meetings with external construction managers, internal project management teams, and consultants to review pay applications, required documentation, and change order status, ensuring adherence to review timelines.
  • Manage third‑party change management or cost auditing teams assigned to the project.
  • Mentor and support the growth of internal Cost Engineers.

Qualifications

  • Bachelor’s degree in construction management, financing, or accounting, or relevant professional experience.
  • Seven or more years of experience in construction or project management.
  • Advanced knowledge of construction contract documents and change management.
  • Proficiency in financial and project management software (e.g., Workday, e‑Builder, Procore, Autodesk Construction Cloud).
  • Ability to work within a dynamic and diverse team environment.
  • Strong collaboration, analytical, and attention‑to‑detail skills.
  • Excellent communication and leadership abilities.
  • Ability to lead and mentor others.
  • Preferred: Ten or more years of experience in construction or project management; prior experience in a leadership or management role.

Skills

  • Strong collaboration and teamwork.
  • Analytical thinking and attention to detail.
  • Excellent written and verbal communication.
  • Leadership and mentorship capabilities.
  • Proficiency with Workday, e‑Builder, Procore, Autodesk Construction Cloud, and other project management tools.

Benefits

  • Medical, dental, vision, life, and disability insurance.
  • 401(k) retirement plan.
  • Flexible spending and HSA accounts.
  • Paid holidays, paid time off, and paid volunteer days.
  • Employee assistance program.
  • Tuition assistance.
  • Parental leave and military leave assistance.
  • QTS scholarship for dependents.
  • Wellness program and other company benefits.
  • Bonus eligibility and potential equity participation.

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