Principal, Capital Controls & Planning Lead

Summary

Ada Infrastructure is seeking a highly skilled and experienced Principal Capital Controls & Planning Lead to lead the function and grow and scale the team across all regions. The role involves building and leading a high-performing team to support CAPEX developments, ensuring data integrity, managing financial closeout, and providing guidance to project coordinators and regional stakeholders.

Responsibilities

• Build and lead a high performing team to support CAPEX developments across each of Ada’s regions
• Establish, maintain, and enhance cost governance standards in line with global frameworks
• Ensure data integrity between development tools and the accounting system; own Yardi controls environment
• Lead contractor financial closeout, including invoice reconciliation and retention release
• Support accounting with fixed asset capitalization, subledger-to-GL reconciliations, and asset movement schedules
• Partner with development/operations on physical inventories, asset tagging, obsolescence review, and insurance support
• Provide guidance to project coordinators, analysts, and regional stakeholders on cost processes, systems (Yardi/Procore), and best practices
• Lead monthly CAPEX reporting in alignment with corporate timelines
• Produce consolidated CAPEX reports, translating variances into executive insights and actions
• Support investor, lender, and portfolio reporting with asset data & dashboards
• Prepare and distribute monthly draw packages in compliance with audit and control requirements
• Manage retention tracking and release; enforce lien waiver and sub-tier compliance
• Update monthly project cash flow, commitments, and capital call forecasts; manage variances within thresholds
• Investigate CAPEX transactions and resolve coding, accrual, and commitment issues; document and remediate root causes
• Identify and monitor systemic risks (cost, schedule, scope) with Project Controls and Delivery; recommend mitigations
• Build and maintain reporting, forecasting, and audit support tools with global Project Controls and PMG
• Act as liaison to Accounting for month-end close, audits, and policy alignment
• Drive continuous improvement in cost standards, forecasting cadence, draw quality, and data validation
• Perform ad hoc analysis and special projects (e.g., scenario modeling, contract/vendor analysis, portfolio roll-ups)

Minimum Requirements

• Bachelor’s degree in Finance, Accounting, Construction Management, or a related field
• 10+ years in construction/project controls/capital projects, with strong background in construction cost accounting, CAPEX governance, and audit-ready documentation
• Strong understanding of construction cost accounting and CAPEX management
• Experience with GAAP and IFRS preferred
• Experience with Yardi and Construction Manager (YCM) strongly preferred
• High proficiency in Excel and Office 365
• Strong problem-solving, critical-thinking, and analytical skills
• Ability to work cross-functionally, manage competing priorities, and operate with minimal direction
• Excellent communication skills and a collaborative approach to supporting stakeholders