Senior Cost Control Engineer

Socket.dev

Irving (TX)

On-site

USD 120,000 - 180,000

Full time

4 days ago
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Benefits offered by this job

Medical insurance
Dental insurance
Vision insurance
Life insurance
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
Bonus eligible
Equity eligible

Job summary

QTS is seeking a Senior Cost Control Engineer to oversee construction budgets from inception through completion, validating change orders and coordinating with project teams, vendors, and finance. The role requires strong analytical skills, attention to detail, and experience with major financial software tools.

The position emphasizes collaboration across internal and external stakeholders, accurate monthly pay applications, and meticulous cost tracking, with a generous benefits package and

Qualifications

  • Bachelor’s degree in construction management, financing, or accounting; or relevant professional experience.
  • Knowledge of construction contract documents and change management.
  • Experience in financial and project management software (e.g., Workday, e-Builder, Procore, Autodesk Construction Cloud).
  • Ability to collaboratively work within dynamic and diverse team and environment.

Responsibilities

  • Understand construction contract documents, outline compliance requirements, and coordinate with the cost and project management team.
  • Support the cost and project management team’s review of contractors' requests to award (RTA) to subcontractors 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 cost and project management teams.
  • Submit requests for vendor purchase orders to applicable team members and support team in reviewing invoices comply with agreed terms.
  • Obtain detailed monthly cash flow projections from the contractor, reconcile projections with actual figures, and provide these projections to the Cost Control Manager for review and submission to the capital and investment teams.
  • Support the evaluation of potential change order events by researching contract documents and relevant cost information to Cost Control Manager for review in making recommendations to project management teams.
  • 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 project management, cost, and finance team with the monthly loan draw process as required, including acquiring any necessary documentation from the contractor or its subcontractors.
  • Document action items from weekly and biweekly meetings to review pay applications, required documentation, and change order status and follow up with teams as needed.

Skills

Construction industry experience
Cost control
Change management
Financial software
Contract documents
Collaboration

Education

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

Tools

Workday
e-Builder
Procore
Autodesk Construction Cloud

Job description

Who we are:

As a global leader in digital infrastructure, QTS designs, builds andoperatesadvanced data centers that support strategic AI,cloudand digital transformation initiatives.We are driven by a mission to connect the world forgoodand our people make it possible. Every single day, thecreativity,dedicationand genuine care for our communitiesare what push us forward and make this atrulyspecial place to be.

TheSenior Cost Control Engineer is responsible for supporting the management of 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 collaborating with various stakeholders, including project management teams (internal and external), vendors, cost consultants, and finance and accounting teams. The ideal candidate has collaboration skills, knowledge of construction documents, analytical abilities, attention to detail, and proficiency in financial software tools.

ESSENTIAL DUTIES AND RESPONSIBILITIES

  • Understand construction contract documents, outline compliance requirements, and coordinate with the cost and project management team.
  • Support the cost and project management team’s review of contractors' requests to award (RTA) to subcontractors 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 cost and project management teams.
  • Submit requests for vendor purchase orders to applicable team members and support team in reviewing invoices comply with agreed terms.
  • Obtain detailed monthly cash flow projections from the contractor, reconcile projections with actual figures, and provide these projections to the Cost Control Manager for review and submission to the capital and investment teams.
  • Support the evaluation of potential change order events by researching contract documents and relevant cost information to Cost Control Manager for review in making recommendations to project management teams.
  • 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 project management, cost, and finance team with the monthly loan draw process as required, including acquiring any necessary documentation from the contractor or its subcontractors.
  • Document action items from weekly and biweekly meetings to review pay applications, required documentation, and change order status and follow up with teams as needed.

BASIC QUALIFICATIONS

Bachelor’s degree in construction management, financing, or accounting; or relevant professional experience.

Knowledge of construction contract documents and change management.

Experience in financial and project management software (e.g., Workday, e-Builder, Procore, Autodesk Construction Cloud).

Ability to collaboratively work within dynamic and diverse team and environment.

Five or more years of experience in construction or project management.

PREFERRED QUALIFICATIONS

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

Prior experience in a cost and/or change management.

KNOWLEDGE, SKILLS, AND ABILITIES

Strong collaboration skills, analytical, and attention to detail.

Excellent communication 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.

#LI-PG1

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 talentacquisition@qtsdatacenters.com and let us know the nature of your request and your contact information.

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