Senior Manager, Cost Control

About the role

At QTS Data Centers, we are proud to stand at the forefront of today’s dynamic digital transformation. Our world-class data centers empower our customers’ most strategic growth initiatives, positioning us as a global leader in digital infrastructure. As AI and cloud technologies fuel the demand for increased speed, capacity, and innovation, QTS has emerged as the global digital infrastructure leader. We are committed to connecting the globe for good.

Responsibilities

• Lead and mentor multiple onsite cost teams.
• Provide direction for strict adherence to cost control processes and ensure alignment across the project management teams.
• Promote a collaborative environment and offer practical training to facilitate the implementation of cost management strategies.
• Oversee the accurate creation and validation of project budgets by cost control teams for large-scale construction and infrastructure projects.
• Maintain financial performance at all stages of the project lifecycle, ensuring compliance with cost management procedures, and identify and implement strategies to enhance accuracy and achieve cost savings.
• Ensure strict compliance to construction contract documents.
• Oversee change management practices at projects to maintain fairness across various locations and address recurring issues as necessary.
• Enhance the change management workflow for timely resolution.
• Assess cash flow projections in relation to project budgets and deliver timely, actionable insights to senior leadership to ensure financial alignment and project success.
• Report to senior leadership on the performance of vendors, subcontractors, and contractors regarding financial risks, compliance with the project budget, and adherence to contractual terms.
• Recommend corrective actions as necessary.
• Serve as a senior leader in ensuring consistent application of cost management practices across various projects and holding teams accountable.
• Facilitate regular communication with the accounting department, financing department, project executives, and other stakeholders.
• Aid the cost team in the preparation of comprehensive and accurate cost reports, including cash flow analysis, monthly financial reviews, and projections.
• Support the finance team in the monthly loan draw process by ensuring that the cost control team acquires all necessary documentation and maintains accuracy.
• Assess and mitigate cost-related risks, ensuring all project costs remain within the approved budget.
• Ensure compliance with relevant financial regulations, internal policies, and construction contract terms and execute any corrective actions.
• Lead internal training and mentorship initiatives to develop cost control capabilities within the team.
• Share best practices, lessons learned, and industry insights to promote continuous improvement in cost management processes.
• Manage third-party cost auditing teams and consultants, ensuring that all external parties align with the project's financial objectives and contractual obligations.

Requirements

• Bachelor’s degree in construction management, financing, or accounting; or relevant professional experience.
• Advanced proficiency in financial and project management software (e.g., Workday, e-Builder, Procore, Autodesk Construction Cloud).
• Proven ability to lead teams in providing detailed and accurate financial forecasts, track project costs, and manage budgets through all stages of a project lifecycle.
• Strong problem solving and decision-making capabilities in fast-paced environment.

Qualifications

• Ten or more years of experience in cost control, construction, or project management with prior experience in a senior or leadership role.
• Master’s degree or professional certifications such as PMP, CCP, or similar are a plus.

Skills and Abilities

• Strong leadership skills with a track record of managing teams, fostering collaboration, and driving performance improvement.
• Excellent communication and interpersonal skills, with the ability to collaborate effectively with internal teams, contractors, and third-party consultants.

Benefits

• Total Rewards: Includes medical, dental, vision, life, and disability insurance; 401(k) retirement plan; flexible spending and HSA accounts; paid holidays; paid time off; paid volunteer days; employee assistance program; tuition assistance; parental leave; military leave assistance; QTS scholarship for dependents; wellness program, and other company benefits.
• This role is bonus eligible and may be eligible for equity.

Company Commitment

We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, gender, sexual orientation, gender identity, or national origin, age, disability status, Genetic Information & Testing, Family & Medical Leave, protected veteran status, or any other characteristic protected by law.