Director Finance - DC Construction & Operations Finance
Leads financial oversight of data center construction projects from budgeting and funding through capitalization and operational handoff, then manages operating cost performance for live facilities. Requires 8+ years of capital-project or construction finance experience and strong cross-functional financial modeling skills.
About the job
Responsibilities
- Own construction budgets for assigned campuses and projects, maintaining total installed cost estimates from executive approval through live operations.
- Track budget-to-actual performance across hard costs, soft costs, and contingency; identify variances, overruns, and change orders.
- Ensure construction spending and milestones comply with loan agreements, equity funding agreements, and project financing covenants.
- Forecast funding needs with Treasury and Capital Markets teams across concurrent projects.
- Review GC, EPC, and major vendor/equipment agreements, including payment terms, milestones, liquidated damages, and bonding provisions.
- Maintain portfolio-level reporting on project cost, schedule, and funding status for leadership, the board, lenders, and investors.
- Manage financial handoff from construction to operations, including cost reconciliation, capitalization, asset turnover, depreciation, and operating expense classification.
- Build scalable construction finance tools and processes.
- Own operating budgets, actual-versus-budget performance, cost-per-MW and cost-per-rack benchmarking for energized data centers.
- Partner with operations, facilities, and power teams to manage utilities, maintenance, staffing, and service-contract costs.
- Report on operational metrics such as uptime/SLA compliance, PUE, and capacity utilization where they affect costs or revenues.
- Monitor maintenance capital expenditure, capacity expansions, and equipment replacement needs.
- Support make-versus-buy and staffing/outsourcing decisions.
- Provide cost, funding, and financial analysis for board materials, lender reporting, and investor due diligence.
Requirements
- 8+ years of experience in construction finance, project controls, capital projects accounting, or project finance; data center, energy, industrial, or infrastructure experience preferred.
- Experience managing construction budgets, cost reporting, and draw processes for large capital projects, typically $100M+.
- Familiarity with construction loan agreements, draw and funding mechanics, and lender or independent-engineer requirements.
- Knowledge of GC/EPC contract structures, change-order management, and construction risk allocation.
- Experience managing operating budgets and cost performance for live facilities.
- Understanding of how design, equipment selection, and contract terms affect long-term operating costs and asset performance.
- Strong financial modeling and analytical skills, including detailed cost-tracking tools.
- Experience managing multiple concurrent projects or sites in a high-growth environment.
- Strong cross-functional collaboration skills with construction managers, general contractors, data center operations, lenders, and finance/accounting teams.
- Bachelor's degree in finance, accounting, construction management, engineering, or a related field required.
Nice-to-Haves
- MBA or CPA.
- Data center or hyperscale infrastructure construction and operations experience.
- Familiarity with capital project accounting, capitalization of interest, cost segregation, and percentage-of-completion accounting.
- Exposure to construction lending, independent-engineer processes, or project finance due diligence.
- Familiarity with data center operating metrics including PUE, uptime/SLA, and cost-per-MW.
- Experience establishing construction or operations finance functions in a high-growth company.
Compensation and Benefits
- Competitive compensation and equity packages, including restricted stock units.
- Paid time off, holidays, and leave programs.
- Health, dental, and vision insurance.
- Employer HSA contributions.
- Paid parental leave and life insurance.
- Short- and long-term disability coverage.
- Professional development and tuition reimbursement.
- Mental health and wellness support.
- Commuter benefits and cell phone stipend.
- 401(k).
Skills
Financial Modeling, Construction Finance, Project Finance, Budgeting, Cost Control, Draw Management, Construction Loans, Gc/Epc Contracts, Change Orders, Capital Project Accounting, Cost Segregation, Percentage-Of-Completion Accounting, Pue, Financial Reporting
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