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QTS Data Centers · 20 hours ago

Cost Control Manager - Data Center Portfolio

Irving, TX

Full-time

Onsite

Senior Level

7+ years exp

QTS Data Centers is a global digital infrastructure leader committed to connecting the world for good. The Cost Control Manager will manage construction budgets from project inception through completion, ensuring compliance with contract documents and collaborating with various stakeholders.

Cloud ComputingCloud InfrastructureData CenterWeb Hosting

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 the required monthly documentation, reconcile the project budget as needed, and inform the 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 biweekly meetings with external construction managers, internal project management teams, and consultants to review pay applications, required documentation, and change order status. Ensure that all teams adhere to the specified review timelines

Manage third party change management or cost auditing teams that are assigned to the project

Mentor and support growth of internal Cost Engineers

Qualification

Construction managementFinancial software proficiencyChange managementAnalytical skillsCollaboration skillsLeadership skillsAttention to detailCommunication skillsMentoring skillsProject management experience