Principal Data Center Cost Manager

Job Description The ideal candidate will have a strong background in cost control, contract administration, and risk management within the data center or critical infrastructure sector. Responsibilities include collaborating with cross-functional teams, monitoring project expenditures, and ensuring projects are delivered on time and within budget. The candidate will play a pivotal role in managing and controlling project costs for our data center construction and infrastructure initiatives. You will be responsible for developing and maintaining accurate project budgets, overseeing cost estimation processes, and implementing effective cost control and reporting strategies. The ideal candidate will bring extensive experience in cost management, contract administration, and risk mitigation within the data center or critical infrastructure sector. Responsibilities Review and maintain project budgets and cost forecasts throughout the project lifecycle. Monitor and report on project expenditures, cash flow, and financial performance against approved budgets. Lead contract administration activities including procurement, change orders, and claims management. Identify, assess, and mitigate project risks, proactively addressing potential cost overruns and schedule delays. Collaborate closely with project managers, engineers, architects, contractors, and other stakeholders to align financial objectives with project delivery goals. Implement and maintain best practices for cost management, control, and reporting processes. Prepare and present regular cost and financial reports to senior management and relevant stakeholders. Support value engineering efforts to optimize costs while maintaining quality and project requirements. Ensure compliance with company policies, industry standards, and regulatory requirements throughout all project phases. Cost Strategy, Governance & Controls Own the cost management strategy across one or more gigascale projects/programs from early design through closeout. Build cost governance: WBS/CBS structures, cost codes, control accounts, reporting cadence, and executive dashboards. Establish standards for estimating, forecasting, contingency management, and cost risk practices across the program. Provide clear cost narratives to leadership: variances, drivers, corrective actions, and forward-looking risk. Estimating, Budgeting & Forecasting Lead concept-to-definitive estimating aligned to design maturity (e.g., ROM, schematic, DD, CD). Develop and maintain the overall project budget, cash flow, and long-range forecast; reconcile to funding and finance requirements. Benchmark costs using historical data, market intelligence, and parametric models; validate unit rates and productivity assumptions. Drive monthly cost report cycles with disciplined cost-to-complete and earned-value-informed forecasting where applicable. Change Management & Commercial Management Implement a robust change control process to manage scope, schedule, and cost impacts with strong documentation. Evaluate change orders and claims: pricing, entitlement, schedule linkage, and negotiation support. Partner with contracts/procurement to align cost controls with contract types (GMP, lump sum, target cost, T&M) and commercial terms. Manage contingencies and allowances using risk-based approaches; maintain traceability of drawdowns and releases. Develop and govern dashboards (e.g., Power BI/Tableau) that integrate schedule, procurement, and cost data for predictive insights. Ensure AI outputs are explainable, auditable, and compliant with data governance and privacy requirements. Procurement & Market Intelligence Support procurement strategy through cost modeling, bid analysis, supplier benchmarking, and should-cost frameworks. Track material and labor indices; assess escalation exposure and recommend mitigation actions (buyouts, alternates, hedging where applicable). Coordinate with logistics and construction teams to quantify impacts from lead times, resequencing, and field productivity shifts. Stakeholder Leadership Serve as a trusted advisor to program leadership, project managers, design teams, construction managers, and finance partners. Lead cost reviews with internal and external stakeholders; communicate complex cost topics clearly to non-cost audiences. Mentor junior cost engineers/analysts; standardize templates, playbooks, and training for scale and repeatability. Required Qualifications Bachelor's degree in Construction Management, Engineering, Quantity Surveying, Finance, or related field (or equivalent experience). 12+ years progressive experience in cost management/cost controls for large capital projects (multi-site or campus-scale preferred). Demonstrated expertise in estimating, forecasting, change control, and contract/commercial evaluation. Strong working knowledge of construction means and methods, cost drivers, productivity, and sequencing. Advanced Excel skills; proficiency with cost systems and project controls tools (e.g., EcoSys, Unifier, Primavera P6, MS Project, SAP/Oracle ERP, or similar). Ability to build executive-ready reporting and drive disciplined monthly performance routines. Preferred Qualifications Experience on hyperscale/gigascale programs (data centers, semiconductor fabs, EV/battery plants, large infrastructure, energy). Experience integrating cost and schedule data (EVMS concepts, production/earned value methods). Certifications: CCP (AACE), MRICS, PMP, or equivalent. Experience designing cost data models, governance standards, and automated reporting pipelines. Core Competencies Commercial acumen and negotiation support Structured problem solving; strong attention to detail with executive-level judgment High ownership in ambiguous, fast-moving environments Data fluency and a continuous improvement mindset Integrity, discretion, and strong governance orientation Disclaimer: Certain U.S. based or U.S. customer or client-facing roles may be required to comply with applicable requirements, such as immunization/occupational health mandates, and/or drug testing requirements. Range and benefit information provided in this posting are specific to the stated locations only US: Hiring Range in USD from: $126,200 to $264,100 per annum. May be eligible for bonus, equity, and compensation deferral. Oracle maintains broad salary ranges for its roles in order to account for variations in knowledge, skills, experience, market conditions and locations, as well as reflect Oracle's differing products, industries and lines of business. Candidates are typically placed into the range based on the preceding factors as well as internal peer equity. Oracle US offers a comprehensive benefits package which includes the following: Medical, dental, and vision insurance, including expert medical opinion Short term disability and long term disability Life insurance and AD&D Supplemental life insurance (Employee/Spouse/Child) Health care and dependent care Flexible Spending Accounts Pre-tax commuter and parking benefits 401(k) Savings and Investment Plan with company match Paid time off: Flexible Vacation is provided to all eligible employees assigned to a salaried (non-overtime eligible) position. Accrued Vacation is provided to all other employees eligible for vacation benefits. For employees working at least 35 hours per week, the vacation accrual rate is 13 days annually for the first three years of employment and 18 days annually for subsequent years of employment. Vacation accrual is prorated for employees working between 20 and 34 hours per week. Employees working fewer than 20 hours per week are not eligible for vacation. 11 paid holidays Paid sick leave: 72 hours of paid sick leave upon date of hire. Refreshes each calendar year. Unused balance will carry over each year up to a maximum cap of 112 hours. Paid parental leave Adoption assistance Employee Stock Purchase Plan Financial planning and group legal Voluntary benefits including auto, homeowner and pet insurance The role will generally accept applications for at least three calendar days from the posting date or as long as the job remains posted. Career Level - IC5 About Us Only Oracle brings together the data, infrastructure, applications, and expertise to power everything from industry innovations to life-saving care. And with AI embedded across our products and services, we help customers turn that promise into a better future for all. Discover your potential at a company leading the way in AI and cloud solutions that impact billions of lives. True innovation starts when everyone is empowered to contribute. That's why we're committed to growing a workforce that promotes opportunities for all with competitive benefits that support our people with flexible medical, life insurance, and retirement options. We also encourage employees to give back to their communities through our volunteer programs. We're committed to including people with disabilities at all stages of the employment process. 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