Cost Analyst (Data Center)

Job Description The Project Cost Analyst will support large-scale data center construction and power generation projects by managing project financials, tracking costs, developing budgets and forecasts, and creating financial and business models across all stages of development and execution. This role partners closely with project managers, engineers, and portfolio leadership to ensure cost certainty, financial accuracy, and informed decision-making across mission-critical infrastructure programs.

This role is:

•  Embedded in project execution
•  Focused on forecasting, cost control, and real-time decision support
•  Working closely with project delivery teams This role is not:
•  Pure accounting
•  Back-office financial reporting only
•  Limited to spreadsheet tracking without project context Day-to-Day Responsibilities
•  Perform cost analysis, budgeting, and forecasting for data center and power generation projects at all stages of development and execution
•  Create and maintain financial and business models to support project and portfolio decisions
•  Track project budgets, commitments, actuals, and forecasts [including cost-to-complete (ETC) and estimate-at-completion (EAC)]
•  Develop and maintain project cost forecast (EAC) and provide variance explanations to leadership
•  Compile and analyze monthly project cost performance for inclusion in leadership and client reports
•  Identify cost trends, risks, and variances; provide actionable insights to project teams
•  Support project and portfolio management through detailed financial analysis [including scenario modeling and sensitivity analysis]
•  Review contractor invoices, pay applications, and change orders for accuracy and scope alignment
•  Prepare and maintain project cash flow forecasts and reporting for funding visibility and planning
•  Perform invoice reconciliation and support invoice management activities to ensure alignment with contracts, commitments, and project progress
•  Maintain cost logs, funding trackers, and financial dashboards
•  Partner with project managers, engineering, and procurement teams to align cost, schedule, and scope [supporting change management and cost impacts]
•  Support closeout activities, final cost reporting, and lessons learned We are a company committed to creating diverse and inclusive environments where people can bring their full, authentic selves to work every day.

We are an equal opportunity/affirmative action employer that believes everyone matters. Qualified candidates will receive consideration for employment regardless of their race, color, ethnicity, religion, sex (including pregnancy), sexual orientation, gender identity and expression, marital status, national origin, ancestry, genetic factors, age, disability, protected veteran status, military or uniformed service member status, or any other status or characteristic protected by applicable laws, regulations, and ordinances. If you need assistance and/or a reasonable accommodation due to a disability during the application or recruiting process, please send a request to HR@insightglobal.com.

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https://insightglobal.com/workforce-privacy-policy/. Skills and Requirements Must-Haves

•  3-7+ years of cost analysis, cost control, or project controls experience within data centers, mission-critical facilities, power generation, or large-scale construction
•  Strong understanding of data center infrastructure and power systems, including generators, electrical distribution, UPS, and supporting MEP scopes [working knowledge preferred, deep design expertise not required]
•  Experience performing cost analysis, budgeting, and forecasting for projects in various phases (development, execution, closeout)
•  Proven experience managing CAPEX budgets for large construction or power programs
•  Experience compiling and analyzing monthly project cost performance for reporting
•  Advanced Excel skills (pivot tables, VLOOKUP/XLOOKUP)
•  Experience with project controls or financial systems (Procore, Unifier, P6, Oracle, SAP, CMiC, or similar)
•  Strong analytical and problem-solving skills with high attention to detail
•  Ability to communicate financial insights clearly to technical and non-technical stakeholders Preferred / Nice to Have
•  Experience supporting on-site or utility-scale power generation projects for data centers
•  Background in financial or business modeling for infrastructure projects Familiarity with earned value management (EVM), AACE International affiliation or certification (e.g., CCP, CEP, EVP) preferred, or willingness to pursue certification
•  Experience supporting portfolio-level cost analysis and reporting
•  Knowledge of GMP, lump sum, and T&M contracts
•  Power BI, Tableau, or advanced reporting/dashboard experience
•  Degree in Finance, Engineering, Construction Management, or a related field