Partner, Project Accounting

Hut 8 brings exceptional people together to solve the world’s most consequential problems at the intersection of energy and technology. Today, that means building infrastructure for AI at a pace and scale without precedent. Tomorrow, it could mean powering a new era of innovation through robotics, advanced manufacturing, or an industry that does not yet exist. Whatever the technology demands, our ambition holds: to build the defining physical infrastructure company of our generation.

We look for thinkers and builders with the rigor, humility, and ownership to solve problems at this scale. They start from zero and choose truth over tradition. They back the best idea, whatever its source. They bet on themselves and embrace the hard truths that force them to grow. Our commitment is to keep the path from idea to execution short, trust them with critical decisions and the work that follows, and surround them with colleagues whose curiosity extends beyond their expertise.

ABOUT HUT 8

Imagine the ultimate destination for those who want to work at the cutting edge of technology, energy, and infrastructure. Hut 8 is on a mission to build and operate some of the world’s largest data centers for next- generation computing workloads, including AI, Colocation, Cloud, and Bitcoin Mining. We are proud to offer interesting and challenging opportunities for individuals who want to build teams, solve problems, and make an impact from day one. If you’re an ambitious individual looking for a career that is as rewarding as it is challenging, you’ve come to the right place.

ABOUT THE ROLE

Hut 8 is hiring a Finance partner to own the accounting for our data center development projects, from commitment and budget through cost capture, capitalization, and close. You will be the single point of accountability for what each project costs and how it is recorded: costs coded to the right budget line, capitalized correctly, and reconciled from the project ledger to the general ledger.

Project payables sit inside the role, so the person who accounts for the cost also controls how invoices are matched, approved, and paid. You will lead a team of project accountants, one per site, and work daily with Construction, Supply Chain, FP&A, Treasury, Legal, and Accounting.

KEY RESPONSIBILITIES:

Project Accounting

• Own the WBS and cost-code structure for each project, and make sure every cost is coded to an approved budget line item.
• Track committed, incurred, accrued, and paid cost against budget, contract value, and forecast for each project, and flag overruns early.
• Incorporate change orders into commitments and budgets to ensure proper tracking.
• Help prepare monthly project cost reports (budget vs. actual vs. forecast) and cost-to-complete forecasts with FP&A and project leadership.
• Determine capitalization treatment (capitalize vs. expense) for project costs, and maintain CIP roll-forwards by project, including capitalized interest where applicable.
• Support transfers from CIP to fixed assets when projects are placed in service, in coordination with Accounting.
• Prepare month-end accruals for work performed but not yet invoiced, using percent complete, site progress, and retainage from Construction and Supply Chain.
• Reconcile project cost ledgers and CIP to the general ledger, and keep the support for capitalized costs (contracts, POs, invoices, approvals) ready for quarterly reviews and audits.
• Ensure adherence to SOX controls for each project.

Project Payables

• Run commitment-based AP: match invoices to POs, subcontracts, and change orders while monitoring committed balances.
• Own invoice-to-pay across multiple sites and legal entities, including urgent and off-cycle payments, and track retainage and lien waivers for construction vendors.
• Complete AP subledger-to-GL and vendor statement reconciliations and aging reviews.
• Onboard vendors, open bank accounts, and set up new legal entities with Treasury, Accounting, and Legal.

Team and Controls

• Lead, coach, and prioritize the project accountants (one per site) through month-end close and high-volume payment cycles.
• Design scalable processes and controls over project cost and payables (budget approval before commitment, PO matching, segregation of duties) in NetSuite and Ramp.
• Report on project spend, accruals, and AP aging to leadership.

Qualifications

• Bachelor's degree in Accounting, Finance, or a related field.
• 8+ years of progressive experience in project accounting, construction accounting, or accounting operations, including 5+ years leading a team.
• Deep project cost accounting experience: WBS and cost coding, budget vs. actual reporting, cost-to-complete forecasting, and change orders.
• Hands-on experience with capitalized costs and CIP, including capitalization policy and roll-forwards.
• Experience with PO-driven, commitment-based AP (POs, subcontracts, change orders, retainage) across multiple legal entities and bank accounts.
• Working knowledge of internal controls over procure-to-pay and capitalization.
• Fluency in NetSuite and Ramp, and advanced Excel skills.
• Clear communicator who can explain accounting requirements to non-finance teams such as Construction and Supply Chain.

Preferred Qualifications

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

About Hut 8

Hut 8 builds and operates large-scale data centers for AI, colocation, cloud, and Bitcoin mining workloads.