Cost Control Manager

QTS Realty Trust; Eagle Mountain (UT); On-site; USD 110,000 - 180,000; Full time

Benefits offered by this job

Medical, dental, vision, life, and dis

401(k) matching with immediate vesting

Generous PTO

Volunteer days

Stock Purchase Plan

11 paid holidays

Parental Leave

Wellness Program

Scholarship for dependents

Job summary

QTS Data Centers is seeking a seasoned professional to oversee construction contract compliance, change management, and cost control across complex data center projects.

You will review contractor requests, monitor budget and cash flows, prepare projections for capital teams, and guide the procurement and approval processes.

This role requires strong leadership, communication, and collaboration with internal teams and external managers to ensure on-time, on-budget delivery.

Qualifications

• Bachelor’s degree in construction management, financing, or accounting; or relevant professional experience.
• Advanced knowledge in construction contract documents and change management.
• Proficiency in financial and project management software (e.g., Workday, e-Builder, Procore, Autodesk Construction Cloud).
• Ability to work within dynamic and diverse team and environment.
• Ability to lead and mentor others.
• Seven or more years of experience in construction or project management.

Responsibilities

• Examine construction contract documents and ensure compliance with the contract and laws.
• Evaluate RTA requests and recommend to PM team; monitor buyout savings.
• Ensure pay applications align with contracts and review budget; inform PM teams.
• Initiate purchase orders; ensure invoices comply with terms.
• Obtain detailed monthly cash flow projections and reconcile with actuals; provide to capital/investment teams.
• Review change order events; maintain change order log; manage internal approvals; involve legal as needed.
• Support finance with monthly loan draw; gather necessary documentation from contractor/subcontractors.
• Conduct weekly/biweekly meetings with external construction managers, PM teams, and consultants to review pay apps, docs, and change orders.
• Manage third-party change management or cost auditing teams; mentor Cost Engineers.

Skills

Collaborative skills

Analytical

Attention to detail

Communication

Leadership

Education

Bachelor’s degree in construction management, finance, or accounting

Tools

Workday

e-Builder

Procore

Autodesk Construction Cloud

Job description

ESSENTIAL DUTIES AND 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.

BASIC QUALIFICATIONS

Bachelor’s degree in construction management, financing, or accounting; or relevant professional experience. Advanced knowledge in construction contract documents and change management. Proficiency in financial and project management software (e.g., Workday, e-Builder, Procore, Autodesk Construction Cloud). Ability to work within dynamic and diverse team and environment. Ability to lead and mentor others. Seven or more years of experience in construction or project management.

PREFERRED QUALIFICATIONS

Ten or more years of experience in construction or project management preferred. Prior experience in a leadership or management role a plus.

KNOWLEDGE, SKILLS, AND ABILITIES

Strong collaboration skills, analytical, and attention to detail. Excellent communication and leadership skills.

TOTAL REWARDS

This role is also eligible for a competitive benefits package that 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.

We conform to all the laws, statutes, and regulations concerning equal employment opportunities and affirmative action. We strongly encourage women, minorities, individuals with disabilities and veterans to apply to all of our job openings. 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. We prohibit retaliation against individuals who bring forth any complaint, orally or in writing, to the employer or the government, or against any individuals who assist or participate in the investigation of any complaint or discrimination claim. The "Know Your Rights" Poster is included here: Know Your Rights (English) Know Your Rights (Spanish) The pay transparency policy is available here: Pay Transparency Nondiscrimination Poster-Formatted QTS is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation because of a disability for any part of the employment process, please send an e-mail to [e-mail] and let us know the nature of your request and your contact information.

It’s exhilarating to find yourself at a pivotal moment in history— and even more so to be leading the way. 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. Driven by purpose and a spirit of innovation, we design, build, and operate some of the most advanced data centers worldwide. In addition to our cutting-edge technology, we are dedicated to sustainability, incorporating renewable energy solutions to minimize our environmental footprint and drive meaningful impact. As a proud portfolio company of Blackstone, QTS is uniquely positioned to achieve ambitious growth and innovation goals. At QTS, we are Powered by People. Our team members are the cornerstone of our culture, innovation, and growth. They are mission-driven, resourceful, and committed to making a positive impact in the communities where we live and work. Together, we’re achieving remarkable things and shaping the future of digital infrastructure. And we’d like to invite you to join us.

In addition to a variety of benefit packages, QTS goes above and beyond for our employees: Roth and Traditional 401(k) matching contributions with immediate vesting Every employee is bonus or commission eligible Generous PTO, Paid Volunteer Days Plus Floating Holidays Stock Purchase Plan (SPP) 11 paid Holidays Annually/Holiday compensation when worked Pet and Legal Insurance Q-Rest Sabbatical Program Q-Anniversary Service Award Program Parental Leave for primary and secondary caregivers Military Benefits Package QTS Charitable Matching Gift Program QTS Scholarship for Employee Dependents QTS Crisis Fund Wellness Program Tuition Reimbursement Program