Senior CAPEX & Project Controls Leader - Data Centers

Job Overview 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. 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 and 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). Minimum 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. Experience with GAAP and IFRS preferred. Experience with Yardi and Construction Manager (YCM) strongly preferred. 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. Compensation $250,000.00 – $275,000.00 (base salary) plus discretionary performance‑based bonus opportunities. Benefits Robust benefits including comprehensive medical, dental, vision plans, 401(k) with company match, flexible and health‑saving accounts, life and disability insurance, employee assistance program, commuter benefits, mental health and wellbeing apps, financial wellness resources, parental and adoption assistance, emergency backup care, matching gift program, and education sponsorship. Equal Employment Opportunity Ares Management LLC (together with its related operating and administrative subsidiaries, “Ares Management”) is an Equal Employment Opportunity employer and considers all applicants for employment without regard to race, color, religion, ethnicity, creed, sex, age, national origin, alienage or citizenship status, disability, medical condition, pregnancy, marital status, partnership status, sexual orientation, status regarding public assistance, military or veteran status, domestic violence victim status, gender identity and expression, transgender status, genetic information, status as unemployed, political affiliation or any other characteristic protected by federal, state or local law. Ares Management will consider for employment qualified applicants with criminal histories in a manner consistent with the requirements of the Fair Chance Initiative for Hiring Ordinance. #J-18808-Ljbffr Ares Management Corporation