Capital Projects Financial Lead

Overview

The organization is seeking a Financial Project Lead to own financial analysis, cost control, and reporting for capital projects across its data center portfolio—from greenfield development and site expansions through commissioning and placed-in-service.

This role partners closely with Construction Management, Development/Expansion, and Procurement to keep projects on budget, forecast cost-to-complete, and translate construction progress into financial outcomes.

Responsibilities

• Lead financial support for capital projects, including building and maintaining project budgets, capex forecasts, and cost-to-complete models across the portfolio
• Track budget-vs-actual and forecast variances at the project and portfolio level, investigating and explaining drivers
• Own capitalized labor tracking for capital projects, ensuring accurate identification, allocation, and capitalization of employee labor costs; reconcile balances and maintain audit-ready documentation
• Partner with Construction Management to link cost forecasts to schedules and milestones, flagging risks to budget and timeline
• Support the capital approval process (AFEs / capital requests) and monitor change orders and their financial impact
• Maintain construction draw schedules and funding forecasts, coordinating with Accounting and Treasury on capitalized costs, capitalized interest, CIP, and placed-in-service timing
• Build development pro formas and project-level return analysis to support underwriting of new sites and expansions
• Partner with operations and project teams to ensure compliance with accounting policies and budget requirements, and support regulatory and lender reporting as needed
• Support recurring portfolio and project reviews (weekly through annual), test budget assumptions in operating and capital plans, and present ad hoc analyses and recommendations to leadership

Requirements

• Bachelor’s degree in finance, accounting, business, or a similar analytically oriented discipline
• 3+ years of relevant professional experience, including direct exposure to capital projects or construction financials
• Demonstrated financial acumen delivering forecasting, budgeting, variance analysis, and data-grounded interpretation of results
• Experience building and maintaining capital project budgets, tracking budget-vs-actual, and producing cost-to-complete / estimate-at-completion (ETC/EAC) analysis
• Experience leading project financial reviews and cost meetings with cross-functional teams (construction, development, procurement, operations)
• Experience with financial planning software (preferably Cube, Planful, or Hyperion Essbase)
• Proficiency in Excel (macros, index-match, arrays, pivots, lookups, conditional logic)

Preferred Qualifications

• Familiarity with capital project mechanics: authorization for expenditure (AFE) / capital approval workflows, change orders, contractor pay applications, retainage, capitalized interest, and construction-in-progress (CIP) accounting
• Familiarity with U.S. GAAP, particularly around capitalization, depreciation, and placed-in-service treatment
• Experience with job-costing or construction management platforms (e.g., Procore, Sage Intacct Construction)
• Track record analyzing large volumes of complex data and presenting findings to senior management
• Strong written and oral communication, with the ability to tailor messaging across levels of management
• Experience with SQL / database management and data visualization tools (Power BI, Tableau, etc.)
• Proven ability to work autonomously and proactively in a dynamic environment

Compensation & Benefits

• Salary
• Full-Time

Location

Not specified in the provided job description.

Equal Opportunity Statement

The employer is an Equal Opportunity Employer and is committed to building a diverse and inclusive workplace. Discrimination is not practiced on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status, or any other protected characteristic.