Compensation Analysis & Accounting

Galaxy Digital Inc. (Nasdaq: GLXY) is seeking a Compensation Analysis & Accounting professional to own the allocation, analysis, and reporting of compensation costs for its fast-growing data center business. You will join the Data Center finance team and build allocation models, reconcile them monthly, and prepare the journal entry support that accountants rely on to book entries. Over time, you will take ownership of share-based compensation calculations and related disclosures for financial statements, proxy statements, and other SEC filings.

What you'll do

• Build and maintain models that allocate compensation and related costs at the individual employee level to data halls, projects, departments, and legal entities
• Analyze the capitalization versus expense split of compensation costs and the resulting impact on operating cost pass-through, project cost, and reported results
• Prepare and regularly present monthly budget-to-actual, trend, and headcount-driven variance analysis, explaining the drivers behind the numbers to stakeholders and business leaders
• Model headcount scenarios such as hiring plans, transfers, and ramp-up of new data halls to support budgeting and forecasting
• Test the reasonableness of allocation drivers and methodologies, and recommend changes as the business evolves
• Provide ad hoc analysis to support Data Center leadership, group finance, lenders, tenants, and reporting needs
• Identify compensation costs associated with construction and other qualifying activities that may be capitalized, and maintain the supporting methodology and driver or time-based allocations
• Apply and help refine Galaxy's compensation capitalization framework in accordance with US GAAP (ASC 360 and ASC 720-10-25-3), documenting conclusions for the Controller, Reporting team, and external auditors
• Track changes in headcount, role, location, and responsibilities and reflect them in allocations on a timely basis
• Allocate ancillary and overhead costs such as occupancy, technology, travel and entertainment, benefits, and payroll taxes using defensible, consistently applied drivers
• Assist with data center share-based compensation calculations including ASC 718 expense attribution, forfeitures, modifications, and allocation to data center entities and activities
• Assist with the preparation of supporting schedules and disclosure drafts for financial statement footnotes, proxy statements, and other required filings, working with SEC reporting, Legal, and People teams
• Prepare clear, well-documented journal entry support and schedules for the accounting team during month-end and quarter-end close
• Reconcile payroll, benefits, and bonus accruals to the general ledger and allocation models monthly at the legal entity level, and investigate and resolve variances
• Support the Controller's team on accruals, intercompany and cross-entity charges, and construction-in-progress roll-forwards as they relate to capitalized compensation
• Manage and respond to audit and SOX control requests related to compensation allocation, capitalization, and share-based compensation
• Automate allocation, reconciliation, and reporting workflows to replace manual spreadsheet-based processes with scalable, controlled solutions
• Contribute to the configuration and data design of Workday and related systems so that allocation attributes flow cleanly from HR through payroll to the general ledger
• Document policies, procedures, and controls over compensation allocation and capitalization
• Work hand in hand with the People team on headcount, compensation, and organizational data, and on the timing and accuracy of payroll feeds
• Partner closely with the Construction, DC Operations, Environmental Health & Safety, Technology, Power, and Growth & Development teams to understand how people spend their time and validate allocations
• Work closely with the Controller's team, FP&A, and SEC reporting on their requests and initiatives

What you bring

• CPA certification
• Public accounting experience in audit or advisory, followed by 1+ years of experience in an industry accounting or financial analysis role
• Proven analytical skills: ability to build models, find patterns in large datasets, and clearly explain findings to non-accountants
• Advanced Excel experience with large datasets, lookups, pivots, and reconciliations
• Strong working knowledge of US GAAP, particularly capitalization of internal costs (ASC 360 and ASC 720) and payroll-related accounting
• Demonstrated ability to prepare clear, well-supported schedules and journal entry support that others can rely on
• Unquestionable integrity and discretion in handling confidential employee compensation information
• Strong attention to detail and the discipline to reconcile and tie out data from multiple sources every month
• Intellectually curious self-starter, comfortable navigating ambiguity and building process where none exists
• Excellent written and verbal communication skills, with the poise to present analysis to senior leaders and the confidence to say when data does not support a conclusion
• Ability to build credibility across disparate teams
• Ability to multitask and meet recurring close deadlines in a high-growth environment
• Flexibility to innovate and implement new procedures to improve processes and workflow

Nice to have

• Experience with Workday (HCM or Financials)
• Experience with payroll data and cost allocation models in real estate, construction, energy, telecom, or data center environments
• Experience with automation or analytics tools such as VBA, Power Query, Power BI, Python, or SQL
• Experience with cost recovery or CAM or pass-through billing under triple-net leases
• Experience with share-based compensation accounting and related disclosure requirements
• Familiarity with SOX controls and public company reporting
• Big 4 accounting experience

What we offer

• Competitive base salary of $100,000 USD and discretionary bonus
• Hybrid and flexible working arrangements
• Flexible paid time off
• 3% 401(k) company contribution
• Company-paid health and protective benefits for employees, partners, and other dependents
• Generous paid parental leave
• Competitive family planning benefits for US employees
• Opportunities to learn about the crypto industry
• Free daily snacks and weekly breakfasts and lunches
• Employee Resource Groups
• Free coaching and counseling sessions through Headspace

About Galaxy

Galaxy Digital Inc. (Nasdaq: GLXY) is a global leader in digital assets and data center infrastructure. The company delivers on-chain infrastructure for trading, advisory, asset management, staking, self-custody, and tokenization, while developing and operating data center infrastructure for AI and HPC workloads. Anchored by its Helios campus in Texas, Galaxy is building a pipeline of more than 5.7 GW of potential capacity. The company is headquartered in New York City with offices across North America, Europe, the Middle East, and Asia.