Partner, Project Accounting

As a Partner in Project Accounting at Hut 8, you own the accounting for our data center development projects from commitment and budget through cost capture, capitalization, and close. You become 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. You will lead a team of project accountants, one per site, and work daily with Construction, Supply Chain, FP&A, Treasury, Legal, and Accounting.

What you'll do

• Own the WBS and cost-code structure for each project, ensuring 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.
• 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.
• 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.
• 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.

What you bring

• A 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 across multiple legal entities and bank accounts, including POs, subcontracts, change orders, and retainage.
• Working knowledge of internal controls over procure-to-pay and capitalization.
• Fluency in NetSuite and Ramp, and advanced Excel skills.
• The ability to explain accounting requirements clearly to non-finance teams such as Construction and Supply Chain.

Nice to have

• A 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, positioning itself as a defining physical infrastructure company for next-generation computing.