Construction Cost Analyst

Serverfarm is a leading developer and operator of data centers in North America, Western Europe, and Israel, and has key customer relationships with rapidly growing hyperscale, technology and network customers. In September 2023, Manulife Investment Management acquired a controlling interest in Serverfarm, which will allow the company greater access to capital to accelerate the expansion of its data center portfolio on a worldwide basis. The company is positioned to capture the growing demand for data center capacity that continues to grow globally, fueled by the rapid adoption of artificial intelligence and companies’ continued transition of data workloads and storage to the cloud.

Serverfarm has integrated innovation, sustainability and digital transformation into its mission and culture. Serverfarm developed in 2009 out of a need in the market to help customers become more efficient as capacity demands and data management challenges grew. The Serverfarm team began purchasing data centers from customers and leasing back the portion they needed. This strategy transitioned the company from a data center real estate owner into a data center developer and operator, resulting in a growing international portfolio of state-of-the- art facilities.

In 2015, Serverfarm developed its award-winning service platform InCommand with the goal of bringing together the three main elements of a data center: real estate, electrical and mechanical infrastructure, and the IT environment. This portal-based solution combines people, process, and platform, creating a cloud-like experience for data centers. Serverfarm delivers its sustainable Data Center Managemen t as a Service (DMaas) approach at more than 750 locations across forty-five countries.

Serverfarm is looking for a Construction Cost Analyst to assist the Finance and Development team in invoice and cost reporting, administration and support of finance and accounting systems to support construction activities, creation and support of purchase orders, and support of Construction and Finance processes.

Key Accountabilities

• Prepare monthly invoicing and cost summaries related to construction activities, including account totals related to project assets and expenses
• Create projects, vendor setup, and purchase orders and assist with processing and tracking of construction project progress
• Track and monitor capital commitments and approvals, including reviews of costs to meet capitalization polices and budget reconciliations
• Review and investigate construction project variancesSupport in project inquiries to meet liability and capital funding requirements
• Perform data research and analysis for the Construction and Finance teams
• Provide support to Construction and Finance systems and administration
• Ensure overall compliance of construction project costs with accounting policies and procedures

Key Qualifications

• Bachelor’s degree in accounting or finance or equivalent work experience
• Experience in cost accounting, auditing, or financial reporting
• Advanced Excel skills
• 2 years of construction analysis or cost accounting experience preferred
• High attention to detail
• Capable of contextualizing the larger scope of projects while catching line-item inconsistencies
• Manage multiple projects and initiatives

$75,000 - $95,000 a year