Cost Control Manager

Quality Technology Services•Fayetteville, NC

About The Position

The Cost Control Manager manages construction budgets from project inception through completion in accordance with construction contract documents, including validating potential change orders and associated costs. The role collaborates with internal and external project management teams, vendors, cost consultants, and finance and accounting teams. It requires strong collaboration, advanced knowledge of construction documents, analytical ability, attention to detail, and proficiency with financial and project management software. The position also leads and mentors others, including supporting the development of internal Cost Engineers, and manages third-party change management or cost auditing teams assigned to projects.

Requirements

Bachelor’s degree in construction management, financing, or accounting, or relevant professional experience.
Advanced knowledge of construction contract documents and change management.
Proficiency in financial and project management software, such as Workday, e-Builder, Procore, or Autodesk Construction Cloud.
Ability to work in a dynamic and diverse team environment.
Ability to lead and mentor others.
Seven or more years of experience in construction or project management.
Strong collaboration skills, analytical ability, and attention to detail.
Excellent communication and leadership skills.

Nice To Haves

Ten or more years of experience in construction or project management preferred.
Prior experience in a leadership or management role is a plus.

Responsibilities

Examine construction contract documents and ensure ongoing compliance with the contract and relevant laws.
Evaluate contractors’ requests to award subcontracts, recommend actions to project management teams, and monitor buyout savings.
Review monthly pay applications, confirm contractors’ schedules of values align with contracts, verify required documentation, reconcile project budgets as needed, and inform project management teams.
Initiate vendor purchase orders and ensure invoices comply with agreed terms.
Obtain contractors’ detailed monthly cash flow projections, reconcile them with actual figures, and provide projections to capital and investment teams.
Evaluate potential change order events by reviewing contract documents and cost information, and provide recommendations to project management teams, including substantiating claim positions.
Maintain a log of potential change orders and approximate costs, track approved change orders, manage internal approvals according to the delegation of authority, and obtain legal department review when necessary.
Support the finance team with the monthly loan draw process, including acquiring necessary documentation from contractors or subcontractors.
Conduct weekly and biweekly meetings with external construction managers, internal project management teams, and consultants to review pay applications, documentation, and change order status.
Ensure teams adhere to specified review timelines.
Manage third-party change management or cost auditing teams assigned to projects.
Mentor and support the growth of internal Cost Engineers.

Benefits

Medical, dental, vision, life, and disability insurance
401(k) retirement plan with Roth and Traditional matching contributions and immediate vesting
Flexible spending and HSA accounts
Paid holidays
Paid time off
Paid volunteer days
Employee assistance program
Tuition assistance and tuition reimbursement
Parental leave
Military leave assistance and military benefits package
QTS scholarship for employee dependents
Wellness program
Competitive benefits package
Bonus eligibility
Potential equity eligibility
Generous PTO and floating holidays
Holiday compensation when working holidays
Stock Purchase Plan
Pet and legal insurance
Q-Rest Sabbatical Program
Q-Anniversary Service Award Program
QTS Charitable Matching Gift Program
QTS Crisis Fund