Principal, Capital Controls & Planning Lead

Ares Management Corporation•Bellevue, WA

2d•$250,000 - $275,000•Onsite

About The Position

Ada Infrastructure is a global data center business committed to being a positive force for technology, people, and the planet. As part of the digital infrastructure platform of Ares Management Corporation (NYSE: ARES), a leading global alternative investment manager, Ada Infrastructure is positioned to be a leader in the industry in reliable, safe, secure, and sustainable digital infrastructure. With nine in-flight campuses across the US, Japan, the UK, and Brazil, we have over 850 MW of power currently available and more than 1,500 MW in our global pipeline. This role is an excellent opportunity to join a deeply experienced and high-performing team with the ability to directly impact and contribute to Ada’s development program. Our team combines industry-wide experience and in-country expertise across all our regions. We are committed to collaborating cross-functionally and partnering to drive efficient and effective solutions that meet the needs of our internal and external stakeholders. The Capital Controls & Planning team is a complementary function that bridges Development and Delivery teams with Finance and Accounting. Operating in conjunction with but independently from Regional Project Controls, the team provides an enterprise-level layer of oversight focused on financial integrity, standardization, and performance visibility across construction programs. The team ensures accuracy, consistency, and predictability in cost and financial data across regional development and construction projects. By partnering cross-functionally, they establish and enforce standards, enhance data quality, and enable reliable reporting that supports informed decision‑making at both regional and corporate levels. Through proactive governance and insights, the team helps drive financial discipline, improve forecast confidence, and strengthen alignment between project execution and financial outcomes. Ada Infrastructure is seeking a highly skilled and experienced Principal Capital Controls & Planning Lead with a background in real estate, construction support and/or financial controls to as our lead of the function and to grow and scale the team across in support of all our regions. In this role, you will act as a business partner to the key stakeholders in the Ares Digital Infrastructure business including Regional Leadership, Development teams (spanning Design, Development, Delivery and Project Controls), Investments, Portfolio Management & Growth (“PMG”) and Fund Accounting.

Requirements

Bachelor’s degree in Finance, Accounting, Construction Management, or a related field
10+ years in construction/project controls/capital projects, with strong background in construction cost accounting, CAPEX governance, and audit‑ready documentation
Strong understanding of construction cost accounting and CAPEX management
High proficiency in Excel and Office 365
Strong problem‑solving, critical‑thinking, and analytical skills
Ability to work cross‑functionally, manage competing priorities, and operate with minimal direction
Excellent communication skills and a collaborative approach to supporting stakeholders

Nice To Haves

Experience with GAAP and IFRS preferred
Experience with Yardi and Construction Manager (YCM) strongly preferred

Responsibilities

Build and lead a high performing team to support CAPEX developments across each of Ada’s regions
Establish, maintain, and enhance cost governance standards in line with global frameworks
Ensure data integrity between development tools and the accounting system; own Yardi controls environment
Lead contractor financial closeout, including invoice reconciliation and retention release
Support accounting with fixed asset capitalization, subledger-to-GL reconciliations, and asset movement schedules
Partner with development/operations on physical inventories, asset tagging, obsolescence review, and insurance support
Provide guidance to project coordinators, analysts, and regional stakeholders on cost processes, systems (Yardi/Procore), and best practices
Lead monthly CAPEX reporting in alignment with corporate timelines
Produce consolidated CAPEX reports, translating variances into executive insights and actions
Support investor, lender, and portfolio reporting with asset data & dashboards
Prepare and distribute monthly draw packages in compliance with audit and control requirements
Manage retention tracking and release; enforce lien waiver and sub-tier compliance
Update monthly project cash flow, commitments, and capital call forecasts; manage variances within thresholds
Partner with Regional DM/CM to establish initial construction budgets within standardized WBS structures
Investigate CAPEX transactions and resolve coding, accrual, and commitment issues; document and remediate root causes
Identify and monitor systemic risks (cost, schedule, scope) with Project Controls and Delivery; recommend mitigations
Build and maintain reporting, forecasting, and audit support tools with global Project Controls and PMG
Act as liaison to Accounting for month-end close, audits, and policy alignment
Drive continuous improvement in cost standards, forecasting cadence, draw quality, and data validation
Perform ad hoc analysis and special projects (e.g., scenario modeling, contract/vendor analysis, portfolio roll-ups)