Data Center Construction - Finance Manager
Pernix Group, IncAbout the role
Join the Pernix Team to support a massive data center construction initiative!
Pernix International is embarking on a international data center initiative, and we’re looking for strong leaders and skilled professionals to join our team.
Position Overview:
Pernix International seeks a highly skilled Finance Manager to oversee financial operations for the construction and commissioning of large-scale data center projects. The Finance Manager will be a US CITIZEN, manage project budgets, forecasts, and financial reporting while ensuring that all activities meet internal policies, industry standards, and regulatory requirements. This role also includes overseeing jobsite accounting, managing payroll, auditing, and coordinating financial operations with both local and U.S. teams. The ideal candidate will bring 8+ years of financial management experience, preferably in the construction or infrastructure sectors.
Key Responsibilities:
Financial Planning & Budgeting:
- Lead the development and management of financial budgets for data center construction projects, including detailed cost forecasting and resource allocation.
- Collaborate with project managers to define financial targets and establish financial plans aligned with project goals.
- Ensure that the budgeting process incorporates all relevant construction costs, including labor, materials, equipment, subcontractors, and overhead.
- Oversee preparation and analysis of monthly, quarterly, and annual financial statements.
- Conduct variance analysis, providing detailed explanations for discrepancies between forecasted and actual costs.
- Deliver comprehensive financial reports to senior management, including cost-to-completion analysis, cash flow projections, and financial performance metrics.
- Implement cost control measures to minimize financial risks and ensure projects stay within budget while maintaining high quality and safety standards.
- Identify potential financial risks associated with data center construction, such as scope changes, cost increases, and market fluctuations.
- Manage costs for procurement, labor, equipment, and materials, ensuring maximum cost-efficiency without compromising quality.
- Oversee cash flow for construction projects, ensuring sufficient funds to meet financial obligations, including vendor payments, subcontractor fees, and equipment purchases.
- Develop and manage cash flow forecasting processes, ensuring financial requirements align with construction schedules and project milestones.
- Ensure timely invoicing and receivables management for prompt payments.
- Collaborate with legal and procurement teams to negotiate and review contracts with contractors, suppliers, and subcontractors.
- Ensure compliance with contractual terms, payment schedules, and dispute resolution.
- Monitor vendor relations and ensure that financial contract terms are upheld.
- Ensure compliance with financial regulations, tax laws, and industry-specific standards related to data center construction.
- Coordinate audits and prepare financial records for internal and external review.
- Stay updated on relevant financial regulations, tax codes, and reporting requirements specific to the construction and infrastructure industries.
- Manage human resources and payroll activities for the local workforce, including several hundred employees.
- Coordinate with the U.S. office to provide monthly payroll information for U.S. and third-country nationals.
- Oversee visas, work permits, and site access for U.S. and third-country national staff.
- Manage jobsite accounting and related control activities for the established foreign subsidiary.
- Report monthly accounting transactions and verify the accuracy of cost reports, incorporating both local and U.S. data.
- Oversee the local subsidiary’s audit and tax reporting processes.
- Manage life support activities for all U.S. and third-country national employees, including housing, transportation, and other necessary services.
- Supervise all local office support staff and general office administration, ensuring efficient operations.
- Coordinate with U.S. office regarding procurement and shipping of materials and supplies purchased in the U.S.
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