Construction Accounting Manager (1852)
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Overview
Job Description
About Coresite:
At CoreSite, we empower a more connected future through high-performance data centers and interconnection solutions. Recognized as a trusted partner in digital transformation, our strategically located facilities and innovative services enable businesses to connect, collaborate, and grow in an ever-evolving technological landscape.
Our culture is defined by operational excellence and a relentless drive for innovation. We foster a collaborative environment where every team member is valued, wins are celebrated as a team, and ownership is part of our DNA. At CoreSite, we're not just building state-of-the-art infrastructure-we're creating a community of forward-thinkers committed to solving complex challenges and delivering exceptional customer experiences.
At CoreSite not only are we Committed to Excellence, but we also Build Connections, Own It, Do the Right Thing, Have Fun, and Win as a Team. Join us and be part of a team that is shaping the future of digital infrastructure while nurturing your professional growth and success.
Construction Accounting Manager:
As a member of the Company's Accounting team, the Construction Accounting Manager is responsible for managing and directing data center construction accounting and financial reporting. This role ensures accurate and timely construction reporting, meaningful project-cost analysis, compliance with U.S. GAAP accounting standards, and Sarbanes-Oxley (SOX) internal control requirements. This position partners closely with Construction and Corporate Development teams to provide clear financial insights that support sound decision making across construction projects, including visibility into performance, risk, and profitability.
As a newly created role within CoreSite, this position is expected to take an active role in establishing and defining its scope, responsibilities, and operating practices by partnering with leadership to align the function with organizational needs and construction industry best practices.
Duties:
- Monitor and analyze project costs, budgets, and forecasts to ensure financial accuracy and accountability.
- Prepare and present monthly project cost reports, variance analyses, and cash flow forecast for multiple data center construction projects.
- Collaborate with Construction Project Managers to review budget-to-actual performance, monitor project timelines, and assess project risks.
- Participate in month-end and quarter-end close processes, including project cost accruals, account reconciliations, and other necessary journal entry review.
- Maintain and update project cost tracking systems, including ERP and other financial reporting tools.
- Track and monitor capital commitments and approvals.
- Ensure compliance with US GAAP and internal financial policies and procedures.
- Evaluate financial risks, develop and implement strategies to mitigate them.
- Contribute to special projects as needed, adapting to evolving business and technical needs.
- Promote and demonstrate behaviors consistent with CoreSite's Culture and Core Values.
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