Senior Cost Control Manager – Construction Projects

QTS Data Centers; Chicago (IL); On-site; USD 114,000 - 174,000; Full time

Benefits offered by this job

401(k) matching

Paid holidays

Paid time off

Tuition reimbursement

Wellness program

Volunteer days

Job summary

QTS Data Centers is seeking a Cost Control Manager to oversee construction budgets from inception through completion, validate change orders, and collaborate with project teams, vendors, cost consultants, and finance. The ideal candidate combines contract knowledge, analytical rigor, and leadership to ensure accurate budgeting and reporting across projects.

Required are a bachelor's in construction management, financing, or accounting or equivalent experience, with 7+ years in

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 travel up to 75% of the time
• Seven or more years of experience in construction or project management.

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.
• Manage third party change management or cost auditing teams that are assigned to the project.
• Mentor and support growth of internal Cost Engineers.

Skills

Financial analysis

Contract documents

Project management

Leadership

Travel up to 75%

Education

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

Tools

Workday

e-Builder

Procore

Autodesk Construction Cloud

Job description

QTS Data Centers is seeking a Cost Control Manager to oversee construction budgets from inception through completion, validate change orders, and collaborate with project teams, vendors, cost consultants, and finance. The ideal candidate combines contract knowledge, analytical rigor, and leadership to ensure accurate budgeting and reporting across projects.

Required are a bachelor's in construction management, financing, or accounting or equivalent experience, with 7+ years in