Director of Project Controls

Job Title:

Director of Project Controls

Location:

Hybrid, with periodic travel to Puerto Rico as needed to support project execution.

Coquí Power Overview:

Coquí Power LLC (“Coquí Power”) is a Puerto Rico-based energy infrastructure developer focused on delivering integrated energy solutions across generation, capacity, and transmission assets.

From early-stage development through the full project lifecycle, Coquí Power combines project origination, development, finance, and asset management to deliver long-term energy infrastructure solutions. Together, these capabilities allow Coquí Power to advance and sustain reliable, affordable, and secure energy for the people, communities, and businesses of Puerto Rico.

Coquí Power is an affiliate of Energy Transition Capital Management LLC (“ETCM”), a private equity firm financing the development and long-term operation of critical U.S. energy infrastructure.

The Role:

Coquí Power is seeking an experienced Director of Project Controls to operate at the intersection of project execution and finance, serving as the cost, schedule, and financial steward of our construction program. Embedded within project teams, the Director will own project estimating, budgeting, forecasting, and cost reporting across active developments.

In this role, you’ll serve as the bridge between construction and financial reporting and report weekly to executive leadership. You’ll work closely with project managers, Engineering, Procurement, and Construction (EPC) contractors, and vendors to manage cost, schedule, scope, and any changes to project budgets. The role calls for independence and sound judgment, since you’ll operate without close oversight. Most importantly, you’ll raise issues early and openly so leadership is never caught off guard.

Key Responsibilities:

Project Controls & Estimating

• Own budgets, cost tracking, Estimate at Completion (EAC), Estimate to Complete (ETC) forecasting, and contingency management for capital projects exceeding $100 million.
• Validate contractor progress and milestone reports, including those from general contractors, EPC contractors, and major equipment vendors.
• Conduct cost and schedule variance analysis and drive corrective actions, utilizing Project Management Information Systems (PMIS) and Enterprise Resource Planning (ERP) systems.
• Review payment applications, invoices, and change orders against contract terms.

Construction Finance & Capital Deployment

• Manage the accounting team and external service providers in capital planning, accruals, month-end close, and maintaining updated project financial models for draws and reforecasts.
• Align procurement, construction, and financing timelines with capital deployment.
• Support annual and multi-year capital budgets.

Reporting & Executive Communication

• Deliver weekly and monthly project reports to the executive team.
• Translate complex project data into concise, decision-ready updates.
• Own reporting cadences, templates, and Key Performance Indicators (KPIs), including variance, burn rate, contingency utilization, schedule adherence, and projected Commercial Operation Date (COD).

Risk, Escalation & Site Presence

• Proactively identify and escalate cost, schedule, scope, and commercial risks to management committees.
• Recommend mitigation strategies for key project risks.
• Collaborate with project teams to verify construction progress and percentage of completion against contractor billings.

Qualifications:

• 5–10+ years of experience in project controls, cost engineering, construction finance, or Financial Planning and Analysis (FP&A).
• Experience managing large-scale construction, infrastructure, energy, industrial, or civil projects.
• Excellent written and verbal communication skills, including experience presenting financial and project performance information to executive leadership.
• Proficiency in Project Management Information Systems (PMIS), such as Procore or similar platforms, and advanced Microsoft Excel. Experience with NetSuite, Systems, Applications, and Products in Data Processing (SAP), or comparable ERP systems is acceptable. Experience with Microsoft Power Business Intelligence (Power BI), Oracle Primavera P6, and/or Microsoft (MS) Project is a plus.
• Ability to travel as required.
• Bachelor’s degree in Construction Management, Engineering, Finance, Accounting, or a related field. A Master of Business Administration (MBA), Chartered Financial Analyst (CFA), Certified Public Accountant (CPA), or other advanced financial designation is preferred.

Compensation:

• Compensation is competitive and based on experience.
• Salary plus performance-based bonus.
• Competitive healthcare, dental, and 401(k) matching package.

Contact:

· Please send cover letter and resume to careers@coquipower.com.