Project Controller

About this role

About TensorWave

Our mission is simple: deliver seamless, secure, reliable, and resilient AI compute at scale. We've built a versatile cloud platform that eliminates infrastructure barriers, empowering builders to focus on innovation instead of fighting their stack. Because breakthrough AI should move at the speed of ideas, not infrastructure.

About the Role

To support execution of our data center project pipeline, this Project Controller will partner closely with the Project Manager (who directs day-to-day schedule and General Contractor Execution) to provide real-time tracking of project milestones and related costs. This role requires strong organizational skills combined with construction accounting, financial modelling, and cross-functional coordination with Finance, Procurement, and Accounting to synthesize data and monitor the health of our development pipeline.

The Candidate must be able to communicate effectively across all levels, from field staff and the Project Manager, to General Contractor leadership, to Executive leadership, translating operational progress into financial clarity and keeping projects on-budget.

Various functional teams are involved in the development of a new data center project: the Project Manager, who owns schedule, field execution, and day-to-day coordination with the General Contractor (and Subs); the AI architecture engineering team, responsible for the design; Procurement team, who are responsible for sourcing and negotiating terms with Vendors/Suppliers; Capital Markets are responsible for funding availability; Finance is responsible for modeling the capital decisions; and Accounting is responsible for tracking the budget.

The Project Controller works alongside the Project Manager and all other functional teams to maintain the financial source of truth for each project, translating field and schedule progress reported by the Project Manager into cost tracking, budget reconciliation, and executive reporting. This role proactively surfaces potential cost overruns, financial risks, and capital opportunities to Executive Leadership, and recommends executable next steps grounded in the numbers.

What You’ll Do

Project Cost Tracking & Financial Coordination

- Partner with the Project Manager: Receive schedule status, milestone completion, and field progress updates from the Project Manager; translate this into cost tracking and financial reporting across the active pipeline.

- Standardization & Governance: Build standardized cost-tracking templates and dashboards across the project pipeline. Coordinate with the Project Manager on project launches and completions, ensuring budgets, cost codes, and capitalization thresholds are properly established and reconciled.

- Proactive Oversight: Flag cost overruns or financial impacts of schedule slippage and change orders (as reported by the Project Manager or GC),always paired with executable, recommended courses of action.

Accounting Systems, Procurement & BOM Integration

- Bridge Field Progress & Systems: Partner with Accounting and Procurement teams to translate physical project progress into core financial systems, synthesizing weekly status, expenditure, and risk reporting across all active projects into one consolidated view.

- BOM & Lead-Time Visibility: Utilize project Bills of Materials (BOM) to track capital commitments and forecast long-lead equipment procurement, with acute focus on GPUs and critical infrastructure.

- Purchase Order Reconciliation: Perform reconciliation of Construction-related Purchase Orders — reviewing weekly reconciliation reports from Procurement/AP for alignment with each site's BOM and budget, and provide variance explanations.

- Audit Readiness: Maintain audit-ready documentation trails linking BOM line items directly to purchase orders, receipts, and invoices.

Financial Hub (Treasury, Capital Markets & FP&A)

- Cross-Functional Data Supply: Provide Treasury team with weekly actual spend/commitment data required to update cash flow modelling. Provide Capital Markets team with drawdown and data/supporting documents for monthly covenant reporting. Deliver monthly variance analyses and CapEx updates to FP&A, the Corporate Controller, and the EVP of Finance.

- Risk & Capital Escalation: Proactively escalate timing shifts and/or change orders that could impact cash requirements, financing timelines, or credit terms.

- Executive Visibility: Centralize a source of truth for operational reality — surfacing potential delays, ROI opportunities, risks, and provide recommended next steps.

Project Accounting & Financial Governance

- Fixed Asset Partner: Collaborate with the Fixed Assets team — review weekly capex reports for alignment with each site's BOM and budget, and flag discrepancies.

- CIP & Job Cost Oversight: Review job costs and Construction-in-Progress (CIP) monitoring against budget and BOM.

- Financial Close & Audit: Support month-end/quarter-end close processes (reviewing CIP roll-forwards and capitalization entries) and maintain documentation for fixed asset in-service dates and facilitate responses to audit requests.

- Process Improvement: Identify process gaps across project workstreams and proactively implement solutions to improve the Company’s internal controls.

Who You Are

Required Qualifications

- 10+ years in Construction Accounting, Financial Controlling, or working as an Capital Projects Manager in a Construction firm

- Strong working knowledge of U.S. GAAP as applied to job costing, fixed asset capitalization, and milestone revenue/expense recognition

- Hands-on experience with NetSuite (or a comparable ERP) and RAMP (or comparable procure-to-pay/AP software)

- A proactive, solution-oriented approach — bringing structure to open initiatives without needing step-by-step oversight

- Sound judgment on what needs leadership escalation vs. independent resolution, and a habit of bringing solutions

- Exception

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