Director, Construction Cost and Finance

ABOUT VANTAGE DATA CENTERS

Vantage is committed to being a workplace of inclusion, equity, respect and acceptance. We celebrate diversity and intentionally seek out opportunities to learn from one another’s experience.

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 OVERVIEW

As the Director, Construction Cost & Finance, you will provide recommendations to project managers, project engineers and the VDC executive team on all project cost actual and forecast performance through existing and newly developed reports and strategies. In this critical role, you will establish, lead, and drive cost controls, develop project specific strategies, processes, and procedures to address the needs of the wide spectrum of new and ongoing construction projects. As the Director, Construction Cost & Finance, you will also interact with and review data required from all prime contractors and subcontractors for the projects, add cost controls through construction administration tying the contracts to monthly invoices and billing review cycles. Lastly, you will be the liaison between DEC and the accounting / finance departments for the PO process flow and monthly forecast creation.

ESSENTIAL JOB FUNCTIONS

• Drive cost control measures by leading and administrating Project Cost Management System (PCMS)

• Build monthly actual and forecast project cost reports and variance analysis for all existing projects

• Ensure actual construction costs align with forecasted expectations•Lead Construction Administration(“CA”) of contracts

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

• Provide training and support to project managers 

DUTIES

• Build and maintain the integrity of budgets

• Provide CA for monthly billing, change orders, purchase orders and cost to date

• Collect all relevant data required to develop and present a Monthly Status Report (“MSR”)

• Partner with procurement manager in Owner Furnished Contractor Installed (“OFCI”) program and track financial progress against targets

• Aggregate prime contractor Guaranteed Maximum Price (“GMP”) cost data for purposes of reporting, evaluating and forecasting project cost and variances

• Handle Purchase Order (“PO”) process flow and approval gating

• Ensure governance and contract compliance

• Provide checks and balances for all construction cost related matters

• Collaborate closely between DEC and accounting department to connect PCMS with accounting system

• Partner with construction team in developing and structuring document control

• Provide historical metrics for all previous projects and develop Key Performance Indicators (“KPIs”) for all prime contractors for the duration of a project and finalise after each project is closed out

• Conduct sophisticated financial analysis and calculate intermediate figures including fees, percentages, etc.

JOB REQUIREMENTS

• Bachelor of Science degree in Finance, Accounting, Statistics, or similar field, or equivalent experience required

• 3 years of experience in Construction Finance required•Experience with construction contractors (GC or MEP) required, owner’s-side experience preferred

• Advanced knowledge of financial terms and principles required

• Sophisticated analytical and quantitative skills required

• Enterprise Resource Planning (“ERP”) systems and knowledge of construction systems, or similar project management software / cost database, preferred

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