Job descriptionJob Type: Full-Time l
Location: Texas l
Department: Data Center Delivery l
Reporting to: SVP, Data Center Delivery |
Work Location Type: #remote
The Director, Cost Management is a strategic financial and operational leader responsible for safeguarding the financial health and capital efficiency of IREN's entire data center portfolio. This role owns end-to-end financial governance - from initial project estimation and quantitative risk analysis through to vendor billing control and change order management - across our West Texas and Oklahoma campuses and the wider development pipeline.
Job requirements - Post secondary education in a relevant field such as Construction Management, Quantity Surveying, Finance, Civil Engineering or a related discipline; a Master's degree and/or CEP, PMP, RMP or AACE CCP/EVP certification is strongly preferred
- 12+ years of progressive financial and commercial management experience, with a heavy emphasis on mission-critical facilities, hyperscale data centers, or large-scale global capital construction programs
- Deep proficiency in cost engineering, quantitative risk analysis methodologies, earned value management (EVM) and capital forecasting
- Demonstrated ability to build estimation frameworks from conceptual design through closeout, and to set and defend contingency and reserve positions with quantitative evidence
- Extensive experience negotiating complex vendor contracts, managing multi-million-dollar billing pipelines, and arbitrating high-value change orders
- Proven track record of building, mentoring and leading distributed, cross-regional teams in high-growth environments
- Command of cost management, ERP and project management platforms (for example Procore, Kahua, Oracle Unifier, SAP or similar) and reporting tools such as Power BI
- Working knowledge of data center capital cost structure, including shell versus fit-out, long-lead equipment pricing and cost per MW benchmarking
- Highly proficient in MS Office specifically; Word, Excel, PowerPoint, Visio, SharePoint, and Outlook
- Strong written and oral communication skills and the ability to interact effectively with executive leadership, service providers and potentially members of the community
- Thorough research and problem-solving skills, with the commercial judgement to hold a position under pressure from contractors and internal stakeholders
- Superior time management and multitasking skills with a strong sense of urgency
- Passionate and confident individual with demonstrated organization, prioritization and critical thinking skills
- Experience with problem solving in complex projects that have a company-wide impact
- Willingness to be based within commutable distance of our West Texas or Oklahoma operations and to travel across the portfolio as required
Job responsibilities - Budget & Cost Control: Manage and track comprehensive project budgets and integrated project costs across all data center initiatives, ensuring precise financial forecasting and variance reporting.
- Estimation & Modeling: Stand up robust, standardized project estimation frameworks for greenfield and brownfield builds, providing accurate baseline costs from early conceptual design through to final closeout.
- Quantitative Risk Analysis: Perform sophisticated quantitative cost risk analyses, including Monte Carlo simulation and contingency modeling, to establish realistic project reserves and buffer against market volatility.
- Vendor Billing & Financial Governance: Oversee all vendor and contractor billing cycles, ensuring strict alignment against approved contract values, milestone progress and budget thresholds.
- Change Order Management: Establish and lead a rigorous review, tracking and approval process for all project change orders to mitigate scope creep and control cost escalation.
- Standards, Processes & Compliance: Define and institutionalize enterprise-wide cost management standards, governance frameworks and best practices to ensure audit readiness and regulatory compliance.
- Talent Acquisition & Team Building: Hire, mentor and scale a high-performing cost management team distributed across multiple regions, establishing a unified culture of financial accountability.
- Capital Forecasting & Executive Reporting: Partner with Finance and FP&A on capex phasing, cash flow forecasting and earned value reporting, and present cost health, contingency drawdown and capital efficiency metrics to executive leadership and the Board.
- Commercial & Procurement Support: Support Procurement and Supply Chain on contracting strategy, pricing and commercial terms for long-lead equipment such as transformers, switchgear, generators and cooling plant.
- Benchmarking & Capital Efficiency: Build and maintain unit-cost benchmarks across the portfolio, including cost per MW and cost per kW of critical load, and use them to drive value engineering and challenge estimates.
- Systems & Data Integrity: Own the cost management toolset and its integration with ERP and project management platforms, ensuring a single, auditable source of truth for project cost.
Job benefits At IREN, we offer a highly competitive compensation package that includes base salary, annual performance incentives, and opportunities to build long-term wealth through equity programs. These offerings are part of our broader total rewards package, thoughtfully designed to support your health, well-being, and long-term success.
Compensation
- Actual compensation will be determined based on factors such as experience, qualifications, and market data for the region.
- Total Compensation package may be inclusive of short-term and long-term incentives.
- Relocation Package
Health & Wellness
- Medical, dental, and vision insurance coverage - 100% company paid for employees, 75% company paid coverage for dependents
- Company-paid life and disability insurance
- Voluntary life, critical illness, and accident coverage available
- Health Savings Accounts (HSA) - when combined with the High-Deductible Health Plan
- Employee Assistance Program and wellness resources
Financial Well-Being
- 401(k) retirement plan with company match
- Financial wellness tools and resources
Time Off & Flexibility
- Paid Time Off (PTO) and paid holidays
- Flexible work arrangements
Growth & Development
- Opportunities for advancement and internal mobility
- Training and personal development opportunities
Lifestyle & Culture
- Company events and team-building activities
We value diverse perspectives and believe that skills can be developed. If you're passionate about this role, we want to hear from you - whether you meet every criteria or not. Your unique experiences might be exactly what we need!
