Principal, Capital Controls & Planning Lead

About this role

Over the last 20 years, Ares’ success has been driven by our people and our culture. Today, our team is guided by our core values – Collaborative, Responsible, Entrepreneurial, Self-Aware, Trustworthy – and our purpose to be a catalyst for shared prosperity and a better future. Through our recruitment, career development and employee-focused programming, we are committed to fostering a welcoming and inclusive work environment where high-performance talent of diverse backgrounds, experiences, and perspectives can build careers within this exciting and growing industry.

Job Description

Ada Infrastructure is a global data center business committed to being a positive force for technology, people, and the planet. As part of the digital infrastructure platform of Ares Management Corporation (NYSE: ARES), a leading global alternative investment manager, Ada Infrastructure is positioned to be a leader in the industry in reliable, safe, secure, and sustainable digital infrastructure. With nine in-flight campuses across the US, Japan, the UK, and Brazil, we have over 850 MW of power currently available and more than 1,500 MW in our global pipeline.  

To learn more about Ada Infrastructure, visit www.adainfrastructure.com or to learn more about Ares   Management   visit www.aresmgmt.com.  

Why Join Us:  

This role is an excellent opportunity to join a deeply experienced and high-performing team with the ability to directly   impact   and contribute to Ada’s development program. Our team combines industry-wide experience and in-country   expertise   across all our regions.   We are committed to collaborating cross-functionally and partnering to drive efficient and effective solutions that meet the needs of our internal and external stakeholders.  

The Team you are joining:  

The   Capital Controls & Planning   team is a complementary function that bridges Development and Delivery teams with Finance and Accounting. Operating   in conjunction with but   independently from Regional Project Controls, the team provides   an enterprise-level layer of oversight focused on financial integrity, standardization, and performance visibility across construction programs.  

The team ensures accuracy, consistency, and predictability in cost and financial data across regional development and construction projects. By partnering cross-functionally, they   establish   and enforce standards, enhance data quality, and enable reliable reporting that supports informed decision ‑ making at both regional and corporate levels.  

Through proactive governance and insights, the team helps drive financial discipline, improve forecast confidence, and strengthen alignment between project execution and financial outcomes.  

Summary :  

Ada Infrastructure   is   seeking   a highly skilled and experienced   Principal   Capital Controls & Planning   Lead   with a background in real estate,   construction   support   and /or   financial   controls to   as our lead of the function and to grow and scale the team across   in support of   all   our regions . In this role, you will   act   as a business partner to the key stakeholders in the Ares Digital Infrastructure business including   Regional Leadership,   Development teams (spanning Design, Development, Delivery and Project Controls),   Investments ,   Portfolio Management & Growth   (“PMG” )   and Fund Accounting.  

Responsibilities:  

• Build and lead a high performing team   to support CAPEX developments across each of Ada’s regions  

• Establish,   maintain , and enhance cost governance standards in line with global frameworks  

• Ensure data integrity between development tools and the accounting system; own Yardi controls environment  

• Lead contractor financial closeout, including invoice reconciliation and retention release  

• Support accounting with fixed asset capitalization, subledger-to-GL reconciliations, and asset movement schedules  

• Partner with development/operations on physical inventories, asset tagging, obsolescence review, and insurance support  

• Provide guidance to project coordinators, analysts, and regional stakeholders on cost processes, systems (Yardi/Procore), and best practices  

• Lead monthly CAPEX reporting in alignment with corporate timelines  

• Produce   consolidated   CAPEX reports, translating variances into executive insights and actions  

• Support investor, lender, and portfolio reporting with asset data   &   dashboards  

• Prepare and distribute monthly draw packages in compliance with audit and control requirements  

• Manage retention tracking and release; enforce lien waiver and sub-tier complianc e  

• Update monthly   project cash flow, commitments, and capital call forecasts; manage variances within thresholds  

• Partner with Regional DM/CM to   establish   initial construction budgets within standardized WBS structures  

• Investigate CAPEX transactions and resolve coding, accrual, and commitment issues; document and remediate root causes  

• Identify   and   monitor   systemic risks (cost, schedule, scope) with Project Controls and Delivery; recommend mitigations  

• Build and   maintain   reporting, forecasting, and audit support tools with global Project Controls and PMG  

• Act as liaison to Accounting for month-end close, audits, and policy alignment  

• Drive continuous improvement in cost standards, forecasting cadence, draw quality, and data validation  

• Perform ad hoc analysis and special projects (e.g., scenario modeling, contract/vendor analysis, portfolio roll-ups)  

Minimum   Requirements:  

• Bachelor’s degree in Finance , Accounting, Construction Management, or a related field  

• 10 +   years in construction/project controls/capital projects ,   with   strong background in construction cost accounting, CAPEX governance, and audit ‑ ready documentation  

• Strong understanding of construction cost accounting and CAPEX managemen t  

• Experience   with GAAP   and   I

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