Cost Control Manager

QTS Realty Trust; Fayetteville (GA); On-site; USD 120,000 - 170,000; Full time

Benefits offered by this job

Medical, dental, vision

401(k) retirement plan

Paid holidays

Paid time off

Bonus eligible

HSA and flexible spending accounts

Job summary

QTS Realty Trust seeks a Cost Control Manager to lead construction budget oversight, contract compliance, and change management across projects. You will collaborate with internal teams, vendors, and finance to optimize spend and ensure alignment with budgets and schedules.

The role requires a bachelor’s degree in construction management, financing, or accounting, plus 7+ years in construction or project management. Proficiency with Workday, Procore, and related tools is expected.

Qualifications

• Strong collaboration skills and ability to work with project management teams, vendors, and finance professionals.
• Advanced knowledge of construction contract documents and change management practices.
• Proficiency with financial and project management software such as Workday, e-Builder, Procore, and Autodesk Construction Cloud.

Responsibilities

• Examine construction contract documents and ensure compliance with contract terms and laws.
• Evaluate requests to award to subcontractors and monitor buyout savings.
• Reconcile monthly pay applications, budgets, and required documentation; inform project teams.
• Initiate purchase orders for vendors and ensure invoices align with terms.
• Provide detailed monthly cash flow projections to capital and investment teams.
• Review potential change order events and substantiate positions with cost data.
• Maintain a log of change orders and manage internal approvals per authorization.

Skills

Collaboration skills

Analytical abilities

Attention to detail

Leadership abilities

Education

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

Tools

Workday

e-Builder

Procore

Autodesk Construction Cloud

Job description

Who We Are

It's exciting to find yourself standing in a pivotal moment in time. It’s even more exciting to be out front leading it. At QTS, our world-class data centers are supporting our customers most strategic growth initiatives, positioning us at the forefront of today’s dynamic digital transformation. As AI and cloud drive the demand for increased speed, capacity and capability, QTS has emerged as the global digital infrastructure leader, committed to connecting the world for good. Driven by purpose and fueled by a spirit of innovation, QTS designs, builds and operates some of the world’s most advanced, forward-thinking data centers. QTS is a portfolio company of Blackstone. QTS is Powered by People. People who play a vital role in our company’s culture, innovation and growth. People who are committed to contributing to the communities where we operate and work. People who are knowledgeable, resourceful and mission driven. Together, we do great things.

Who You Are

The Cost Control Manager is responsible for managing construction budgets from project inception through completion in accordance with the construction contract documents including validation of potential change orders and associated cost. This position involves leading and collaborating with various stakeholders, including project management teams (internal and external), vendors, cost consultants, and finance and accounting teams. The ideal candidate has strong collaboration skills, advanced knowledge of construction documents, analytical abilities, attention to detail, and proficiency in financial and project management software tools.

What You Will Do

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 andsupport growthof internal Cost Engineers.

What You Will Need to be Successful

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.

Nice to Have

Ten or more years of experience in construction or project management preferred.

Prior experience in a leadership or management role a plus.

Knowledge Skill and Abilities You Will Need: 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.

Equal Employment Opportunity

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.