Senior Construction Cost Analyst, NA
Vantage Data CentersAbout the role
About Vantage Data Centers
Vantage Data Centers powers, cools, protects and connects the technology of the world’s well-known hyperscalers, cloud providers and large enterprises. Developing and operating across North America, EMEA and Asia Pacific, Vantage has evolved data center design in innovative ways to deliver dramatic gains in reliability, efficiency and sustainability in flexible environments that can scale as quickly as the market demands.
Position Description
Vantage is seeking a proactive and diligent Senior Cost Analyst to join the Construction Cost Finance department. This role will be critical in maintaining and improving the construction accounting database, reporting suite, and controls. The Senior Cost Analyst will work closely with the larger Finance group and with the Design and Construction functions to produce insightful reporting for key business stakeholders.
Essential Job Functions
Project cost reporting:
Ensure actual construction costs align with forecasted expectations.
Support Construction Administration (“CA”) of contracts.
QA/QC for project costs to date, cost coding, and monthly forecasts.
Provide technical accounting expertise on Fixed Assets and Leases under IFRS GAAP, including oversight of fixed assets and leasing issues/risks.
Construction cost accounting operations:
Manage data inputs between Yardi and Procore.
Carry out pay application billing review and data entry.
Review CAPEX AP invoices and progress billing entry.
Review and issue Debtors and Invoice reports.
Construction cost reporting:
Own and maintain various KPI schedules.
Define, create, and maintain various databases related to projects and contracts to provide accurate and relevant data or analysis to top management.
Update monthly EAC proformas with actuals and committed spend.
Investigate CAPEX transactions and close out queries.
Consolidate CAPEX report.
Close out POs as part of the demobilization process of completed contracts.
Support month-end and forecasting process.
Support external audit process.
Fixed assets accounting:
Create and monitor a system of controls, procedures, and forms for recording fixed assets.
Record fixed assets acquisition and disposals in the accounting system.
Track the compilation of construction in progress into fixed assets account.
Execute depreciation run and depreciation reasonableness check.
Reconcile the balance in the fixed assets subsidiary ledger to the general ledger.
Update the detailed movement schedule of fixed assets for reporting and attend to auditors’ queries.
Investigate potential obsolescence of fixed assets.
Conduct physical inventory counts of fixed assets.
Assign tag numbers to fixed assets.
Conduct analysis related to fixed assets.
Cash flow forecast on capital expenditure for hedging purposes.
Submission of fixed assets information for insurance coverage.
Analyse, initiate, and implement best practices and procedures in the CCF department.
Advise senior management on any critical trends in relation to the financial performance of the company.
Promote a strong culture of cooperation within the team.
Additional duties:
Handle additional duties as assigned by management.
Job Requirements:
Bachelor’s degree in Finance, Accounting, Construction Management, or a related field. A Master’s degree or professional certification (e.g., CFA, CPA) is preferred.
Advanced knowledge and understanding of construction cost accounting is required.
Knowledge of GAAP is preferred.
3-5 years of work experience in a relevant industry (construction, real estate, and/or tech).
Data Center or Construction industry experience is preferred.
Knowledge of Yardi Voyager, preferred but not required.
Knowledge of Procore, preferred but not required.
Proficient in the Windows and Office 365 environment.
Demonstrated ability to provide a high level of dedication to customer service with team members and partners.
Proven ability to efficiently respond to critical issues, challenging inquiries, or complaints.
Strong critical thinking skills, with the ability to tackle problems and drive efficiencies using metrics and infor
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