Hut8

Principal, Project Accounting

Miami, FL. Posted 4 months ago

The role

This individual contributor will manage accounting for a data center development project. You will code project invoices, manage capitalization and CIP roll-forwards, and work closely with Construction, Supply Chain, FP&A, Treasury, Legal, and Accounting.

What you will do

  • Code and record project invoices under the approved WBS and cost codes.
  • Decide whether complex project costs are capitalized or expensed and own the CIP roll-forward.
  • Run the monthly project cost review.
  • Build and review cost-to-complete forecasts and monthly project cost reports.
  • Review accruals for work done but not yet invoiced.
  • Book transfers from CIP to fixed assets when a project is placed in service.
  • Own the SOX controls for project accounting.
  • Improve the processes and controls for project costs and payables in NetSuite and Ramp.
  • Reconcile project cost ledgers and CIP to the general ledger.
  • Be the technical resource for finance and project teams on unusual or complex project accounting questions.

Required qualifications

  • Bachelor's degree in Accounting, Finance, or a related field.
  • 3+ years of progressive experience in project or construction accounting, including capitalization and CIP for large capital projects.
  • Strong project cost accounting experience, including WBS and cost coding, budget vs. actual reporting, and change orders.
  • Experience with SOX controls, including designing and testing them and working with external auditors.
  • Working knowledge of PO-driven, commitment-based AP (POs, subcontracts, change orders, retainage) across multiple legal entities.
  • Fluent in NetSuite and Ramp, with advanced Excel skills.
  • Able to explain accounting requirements in plain terms to non-finance teams like Construction and Supply Chain.

Nice to have

  • CPA license.
  • Data center, energy, or infrastructure industry background.
  • Public company experience.

About the company

Hut 8 builds infrastructure for AI and aims to be the defining physical infrastructure company of its generation.

Principal, Project Accounting at Hut8 | JobZoey