VP Construction Accounting

Position Title: VP, Global Construction Accounting

Location: Dallas, Texas

Your role

As the Vice President of Global Construction Accounting, you will lead the accounting and financial operations related to our worldwide data center construction projects, capital expenditures and fixed assets. As a key member of our finance leadership team, you will be responsible for ensuring the accuracy and timely reporting of financial data, managing project budgets, and implementing financial controls within a fast-paced, high-growth environment. Reporting directly to the Chief Accounting Officer (CAO), you will collaborate closely with senior leadership to drive financial performance and support the long-term success of our organization in the data center industry.

What you’ll do

• Lead the global construction accounting function for all data center projects, including joint venture construction projects, providing strategic guidance to ensure compliance with accounting principles and corporate policies. Develop, implement and maintain accounting processes tailored to large-scale construction projects as well as smaller fit-out projects and capitalized maintenance expenditures.
• Lead, mentor and develop a high-performing global accounting team. Foster a collaborative work environment and work closely with project managers, operations teams, and other departments to ensure alignment and effective communication regarding financial matters.
• Oversee financial accounting and reporting for all data center construction projects and capitalized maintenance expenditures. Partner with finance to develop construction project budgets and forecasts. Monitor project costs, cash flow, and overall financial performance, ensuring that expenditures are tracked accurately and reported in a timely manner to key stakeholders. Work closely with project management, procurement, finance, and other departments to ensure seamless communication and alignment on project financials.
• Oversee internal and external audits related to project accounting and fixed assets, ensuring timely and accurate financial information is provided, including disclosures for audited financial statements
• Ensure the accurate tracking of construction-related costs, including materials, labor, subcontractor payments, and other expenses. Lead the financial close process for construction projects, managing work-in-progress accounting and other construction-specific accounting practices.
• Direct the global fixed asset accounting function, including asset additions, disposals, and depreciation, ensuring accuracy and completeness of fixed asset records, as well as proper accounting treatment of fixed asset transactions.
• Oversee the review and approval of payment of invoices to ensure compliance with contract terms, including verification of amounts, timelines, and supporting documentation. Ensure all payments align with contractual obligations and company policies.
• Develop, implement and maintain financial controls and processes to ensure compliance with regulatory requirements, accounting standards, and internal policies. Lead efforts to optimize processes and enhance reporting efficiency.
• Provide clear and detailed financial analysis and reporting to senior leadership and external auditors. Ensure transparent communication of financial information to key stakeholders within and outside the organization.
• Identify and mitigate financial risks associated with construction projects. Ensure timely reporting of any financial issues and work with leadership to resolve concerns.
• Implement and optimize accounting software and tools to streamline project tracking, reporting, and financial analysis.

What you’ll need

• Bachelor’s degree in Accounting, Finance, or a related field. A CPA or equivalent advanced accounting certification is highly preferred.
• 10 years of experience in construction accounting and fixed asset accounting, with 5 years in a senior leadership role.
• Proven experience managing accounting for large-scale, complex construction project portfolios in both global organizations and cross-functional evironments is essential. Experience in the data center, engineering, energy or manufacturing industries is preferred.
• Extensive knowledge of accounting principles of financial management within construction projects, including a deep understanding of project/cost accounting/lifecycle fundamentals (budgeting, forecasting, financial reporting, and cost management).
• High-level business acumen: ablility to navigate complex issues affecting project accounting operations (legal, tax, treasury, finance/underwriting, etc.) and provide clear direction to direct reports in such matters.
• Strong communication skills and the ability to collaborate across functional departments and with senior leadership.
• Expertise with accounting software and ERP systems (e.g., Yardi, Oracle, SAP, or similar). Advanced proficiency in Excel and financial modeling.
• Strong analytical and problem-solving skills, with a track record of managing complex financial situations and providing strategic financial insights.
• Collaborate with joint venture partners to define, develop, implement and oversee preparation of project financial reporting and capital forecasting deliverables.
• Exceptional attention to detail in financial reporting, construction project accounting and fixed asset accounting, ensuring compliance with relevant accounting standards (e.g., GAAP, IFRS) and global company policies..

A bit about us

Digital Realty brings companies and data together by delivering the full spectrum of data center, colocation and interconnection solutions. PlatformDIGITAL®, the company’s global data center platform, provides customers with a secure data meeting place and a proven Pervasive Datacenter Architecture (PDx®) solution methodology for powering innovation and efficiently managing Data Gravity challenges. Digital Realty gives its customers access to the connected data communities that matter to them with a global data center footprint of 300 facilities in 50 metros across 25 countries on six continents.

What we can offer you

Our rapidly evolving business sector offers the opportunity to be part of a courageous and passionate team who work together to understand and meet the changing needs of our global customers.

Join us and you’ll be part of a supportive and inclusive environment where you can bring your whole self to work. As part of our team, you’ll get to work with people from different business areas, challenge the way we do things and put your ideas into action. We’ll also give you plenty of development opportunities so you can build a rewarding and successful career with us.

Our Compensation Philosophy

Digital Realty offers its employees a highly competitive compensation package, excellent benefits, and an environment that recognizes and rewards your contributions. Central to our compensation philosophy is rewarding our employees for achieving the values and objectives aligned to the company's overall goals and values.

This is an exciting time to join our business so apply now and make your mark on our future.

Notes:

The above statements are intended to describe the general nature and level of work being performed by people assigned to this job. They are not intended to be an exhaustive list of all responsibilities, duties, and skills required of personnel so classified.

Digital Realty is an equal opportunity employer, EOE/AA/M/F/Vets/Disabled. All applicants will receive consideration for employment and will not be discriminated against on the basis of race, color, religion, sex, sexual orientation, gender identity, age, national origin, disability or protected veteran status, or other status protected by law or Company policy.

Digital Realty is a publicly traded company (NYSE: DLR) with investment grade ratings from all three major ratings agencies.

Please do not forward unsolicited resumes to any employee of Digital Realty and its subsidiaries. Digital Realty is not responsible for any fees related to unsolicited referrals.