Director, Finance - DC Construction & Operations Finance

Job description

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. When you join Crusoe, you join a team that is building the future, faster. We're in the midst of the greatest industrial revolution of our time. The demand for AI compute is boundless, and power is a bottleneck. We're solving that — with an energy-first approach that makes AI infrastructure better for the world and faster for the people innovating with AI. We're looking for problem-solving, opportunity-finding teammates with a sense of urgency, who believe in the scale of our ambition and thrive on a path not fully paved — people who want to grow their careers alongside a team of experts across energy, manufacturing, data center construction, and cloud services. If you want to do the most meaningful work of your career, help our customers and partners advance their AI strategies, and be part of a high-performing team that believes in each other, come build with us at Crusoe. **About the Role:** Crusoe is looking for a Director of Construction & Data Center Operations Finance to own the financial oversight of capital projects across their entire lifecycle — from groundbreaking through energization, turnover, and ongoing data center operations. This role sits at the intersection of Construction/Development, Project Finance, Data Center Operations, and Accounting — responsible for budgeting, cost control, draw management, financeability , and financial reporting during the build phase, and then for operating cost management, performance reporting, and asset-level financial oversight once a facility goes live. This is a highly cross-functional, execution-focused role suited to someone who can bring financial rigor across both a construction environment that moves at startup speed and a live operating environment with contractual uptime, cost, and performance commitments to customers and lenders. **What You'll Be Working On:** **Budgeting & Cost Control** - Own construction budgets for assigned campuses/projects, partnering with Development, Construction Management, and Procurement to build and maintain accurate total installed cost (TIC) estimates from executive approval to live. - Track budget-to-actual performance across hard costs, soft costs, and contingency; identify and escalate variances, cost overruns, and change orders early. **Draw Management & Financing Compliance** - Ensure construction spend and project milestones remain in compliance with loan agreements, equity funding agreements, and any project-level financing covenants. - Partner with Treasury/Capital Markets teams to forecast funding needs and ensure capital is available to match construction spend curves across multiple concurrent projects. **Commercial & Contract Support** - Support financial review of GC contracts, EPC agreements, and major vendor/equipment purchase agreements (e.g., long-lead electrical and mechanical equipment), advising on payment terms, milestone structures, and risk allocation. - Partner with Legal and Procurement on the financial terms of construction and equipment contracts, including liquidated damages provisions and payment/performance bonding. **Project Lifecycle Management** - 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 to the operating asset management/accounting teams. - Build tools and processes to scale construction finance oversight as Crusoe's number of concurrent active builds grows. **Data Center Operations Finance** - 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 across the operating fleet. - Partner with Data Center Operations, Facilities, and Power teams to track operating costs (utilities, maintenance, staffing, service contracts) and identify efficiency opportunities across sites. - Support financial reporting on operational performance metrics tied to customer contracts and lender/investor commitments (e.g., uptime/SLA compliance, PUE, capacity utilization) where these have cost or revenue implications. - Manage the transition of assets from construction accounting (capitalized costs, cost segregation) to operating asset financials, ensuring clean handoff to FP&A and Accounting for depreciation, opex classification, and ongoing reporting. - Monitor capex needs for operating sites (maintenance capex, capacity expansions, equipment refresh/replacement) and incorporate into portfolio-level capital planning. - Provide input into make-vs-buy and staffing/outsourcing decisions for facilities and operations functions from a cost and financing perspective. **Cross-Functional Partnership** - Serve as the finance point of contact for Construction Management, Development, Data Center Operations, Project Finance, and Accounting on all cost, funding, and reporting matters spanning build and operate phases. - Provide construction and operating cost/funding analysis to support board materials, lender reporting packages, and investor due diligence. **What You'll Bring to the Team:** - 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 (bonding, retainage, liquidated damages). - 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 (design, equipment selection, contract terms) affect long-term operating costs and asset performance. - Strong financial modeling and analytical skills; comfort building and maintaining detailed cost-tracking tools across both build and operate phases. - 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. **Bonus Points** - 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 (PUE, uptime/SLA, cost-per-MW) and how they tie to customer contracts and financing covenants. - Experience standing up construction and/or operations finance functions in a high-growth company. **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 **Compensation Range** Compensation will be paid in the range of up to $235,000- $275,000 + Bonus. Restricted Stock Units are included in all offers. Compensation to be determined by the applicant's knowledge, education, and abilities, as well as internal equity and alignment with market data. 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.