Director Finance - DC Construction & Operations Finance at Crusoe | CA, US | Rezi

Director Finance - DC Construction & Operations Finance at Crusoe

Director Finance - DC Construction & Operations Finance

Crusoe · CA, US

2 weeks ago

Director Finance - DC Construction & Operations Finance

Crusoe · CA, US

21 days ago
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About the Role

Crusoe is seeking a Director of Construction & Data Center Operations Finance to manage financial oversight for capital projects throughout their lifecycle, from construction to ongoing operations. This role requires financial rigor in both fast-paced construction and live operating environments, managing budgets, cost control, draw management, financeability, and financial reporting.

Responsibilities

  • Own construction budgets for assigned campuses/projects, partnering with Development, Construction Management, and Procurement to build and maintain accurate total installed cost (TIC) estimates.
  • Track budget-to-actual performance across hard costs, soft costs, and contingency; identify and escalate variances, cost overruns, and change orders.
  • Ensure construction spend and project milestones remain in compliance with loan agreements, equity funding agreements, and project-level financing covenants.
  • Partner with Treasury/Capital Markets teams to forecast funding needs and ensure capital availability for construction spend.
  • Support financial review of GC contracts, EPC agreements, and major vendor/equipment purchase agreements, advising on payment terms, milestone structures, and risk allocation.
  • Partner with Legal and Procurement on the financial terms of construction and equipment contracts.
  • Maintain a portfolio-level view of construction projects — cost, schedule, and funding status — for leadership, board, and lender/investor reporting.
  • Own the financial handoff from construction to operations at project completion, including final cost reconciliation, capitalization, and asset turnover.
  • Build tools and processes to scale construction finance oversight as the number of concurrent active builds grows.
  • Own financial oversight of data centers once energized and turned over to operations, including operating budgets, actual-vs-budget performance, and cost-per-MW/cost-per-rack benchmarking.
  • Partner with Data Center Operations, Facilities, and Power teams to track operating costs and identify efficiency opportunities.
  • Support financial reporting on operational performance metrics tied to customer contracts and lender/investor commitments.
  • Manage the transition of assets from construction accounting to operating asset financials, ensuring clean handoff to FP&A and Accounting.
  • Monitor capex needs for operating sites and incorporate into portfolio-level capital planning.
  • Provide input into make-vs-buy and staffing/outsourcing decisions from a cost and financing perspective.
  • Serve as the finance point of contact for Construction Management, Development, Data Center Operations, Project Finance, and Accounting.
  • Provide construction and operating cost/funding analysis to support board materials, lender reporting packages, and investor due diligence.

Requirements

  • 8+ years of experience spanning construction finance, project controls, capital projects accounting, or project finance, ideally within data centers, energy, industrial, or large-scale infrastructure.
  • Direct exposure to data center or facilities operations finance strongly preferred.
  • Demonstrated experience managing construction budgets, cost reporting, and draw processes on large capital projects (typically $100M+ in scale).
  • Familiarity with construction loan agreements, draw/funding mechanics, and lender/independent engineer requirements.
  • Working knowledge of GC/EPC contract structures, change order management, and construction risk allocation.
  • Experience managing operating budgets and cost performance for live facilities, ideally data centers or other mission-critical operating assets.
  • Understanding of how construction-phase decisions affect long-term operating costs and asset performance.
  • Strong financial modeling and analytical skills; comfort building and maintaining detailed cost-tracking tools.
  • Experience managing multiple concurrent projects/sites in a fast-paced, high-growth environment.
  • Excellent cross-functional collaboration skills; able to work directly with construction managers, GCs, data center operations teams, lenders, and internal finance/accounting teams.
  • Bachelor's degree in finance, accounting, construction management, engineering, or related field required.
  • MBA or CPA a plus.
  • Experience in data center or hyperscale infrastructure construction and operations specifically.
  • Familiarity with capital project accounting (capitalization of interest, cost segregation) and percentage-of-completion accounting.
  • Exposure to construction lending, independent engineer processes, or project finance due diligence.
  • Familiarity with data center operating metrics and how they tie to customer contracts and financing covenants.
  • Experience standing up construction and/or operations finance functions in a high-growth company.

Skills

  • Financial Oversight
  • Budgeting
  • Cost Control
  • Draw Management
  • Financial Reporting
  • Capital Projects
  • Data Center Operations
  • Accounting
  • Financial Modeling
  • Analytical Skills
  • Cross-functional Collaboration
  • Contract Review
  • Risk Allocation
  • Portfolio Management

Location

  • Remote

Work Type

  • Full-time

Experience Level

  • Director

Education Level

  • Bachelor's degree in finance, accounting, construction management, engineering, or related field required
  • MBA or CPA a plus

Salary/Compensations

  • Up to $235,000 - $275,000 + Bonus

Benefits

  • Competitive compensation and equity packages
  • Restricted Stock Units
  • Paid time off, paid holidays & leave of absence programs
  • Comprehensive health, dental & vision insurance
  • Employer contributions to HSA account
  • Paid parental leave
  • Paid life insurance, short-term and long-term disability
  • Professional development & tuition reimbursement
  • Mental health & wellness support
  • Commuter benefits (parking & transit)
  • Cell phone stipend
  • 401(k) Retirement plan with company match up to 4% of salary
  • Volunteer time off
  • Global travel insurance & emergency assistance
  • Daily meals allowance
  • Additional perks & programs specific to location

About the Company

  • Crusoe is on a mission to accelerate the abundance of energy and intelligence.
  • As the only vertically integrated AI infrastructure company built from the ground up, we own and operate each layer of the stack — from electrons to tokens — to power the world's most ambitious AI workloads.
  • We're solving the AI compute demand bottleneck with an energy-first approach.
  • We are building the future, faster, by addressing the greatest industrial revolution of our time.
  • We are looking for problem-solving, opportunity-finding teammates with a sense of urgency.
  • Join a team of experts across energy, manufacturing, data center construction, and cloud services.
  • Do the most meaningful work of your career and help customers advance their AI strategies.

Equal Opportunity

  • Crusoe is an Equal Opportunity Employer. Employment decisions are made without regard to race, color, religion, disability, genetic information, pregnancy, citizenship, marital status, sex/gender, sexual preference/ orientation, gender identity, age, veteran status, national origin, or any other status protected by law or regulation.