Hut 8

Bitcoin mining and enterprise HPC infrastructure

Principal Project Accounting

Cost & Management AccountingUpdated on Nov 11

Full-timeMiami, FL, USANo salary listed

About the Job

Requirements

Bachelor's degree in Accounting, Finance, or a related field.
At least 3 years of progressive experience in project or construction accounting, including capitalization and construction in progress (CIP) for large capital projects.
Strong project cost accounting experience, including work breakdown structure (WBS) and cost coding, budget-versus-actual reporting, and change orders.
Experience with Sarbanes-Oxley (SOX) controls, including designing and testing them and working with external auditors.
Working knowledge of purchase-order-driven, commitment-based accounts payable, including purchase orders, subcontracts, change orders, and retainage across multiple legal entities.
Fluency in NetSuite and Ramp, and advanced Excel skills.
Ability to explain accounting requirements in plain terms to non-finance teams such as Construction and Supply Chain.

Responsibilities

Code and record project invoices under the approved WBS and cost codes.
Determine whether complex project costs are capitalized or expensed, and own the CIP roll-forward for each project, including capitalized interest where applicable.
Run the monthly project cost review, comparing committed, incurred, accrued, and paid costs with budget, contract value, and forecast, and raise overruns early.
Build and review cost-to-complete forecasts and monthly project cost reports comparing budget, actuals, and forecast, working with FP&A and project leadership.
Review accruals for work completed but not yet invoiced, considering percent complete, site progress, retainage, and change orders.
Book transfers from CIP to fixed assets when a project is placed in service, coordinating with Accounting.
Own project accounting SOX controls, help design them, fix gaps, and support internal and external auditors.
Improve processes and controls for project costs and payables in NetSuite and Ramp, including budget approval before commitment, purchase-order matching, and segregation of duties.
Reconcile project cost ledgers and CIP to the general ledger, and keep support for capitalized costs—including contracts, purchase orders, invoices, and approvals—ready for quarterly reviews and audits.
Serve as the technical resource for finance and project teams on unusual or complex project accounting questions.

Desired Qualifications

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

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 THE ROLE

We're hiring a Principal, Project Accounting to be the go-to person for the accounting on our data center development project. It's an individual contributor role. Day to day, you'll code and record project invoices under the WBS. You'll also own how project costs get capitalized, tracked, and reported. You'll work with Construction, Supply Chain, FP&A, Treasury, Legal, and Accounting almost every day.

Key Responsibilities

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 for each project, including capitalized interest where it applies.
Run the monthly project cost review. Compare committed, incurred, accrued, and paid costs to budget, contract value, and forecast, and raise overruns early.
Build and review cost-to-complete forecasts and the monthly project cost reports (budget vs. actual vs. forecast), working with FP&A and project leadership.
Review accruals for work done but not yet invoiced, taking into account percent complete, site progress, retainage, and change orders.
Book transfers from CIP to fixed assets when a project is placed in service, coordinating with Accounting.
Own the SOX controls for project accounting. Help design them, fix gaps, and support internal and external auditors.
Improve the processes and controls for project costs and payables in NetSuite and Ramp, such as budget approval before commitment, PO matching, and segregation of duties.
Reconcile project cost ledgers and CIP to the general ledger. Keep the support for capitalized costs (contracts, POs, invoices, approvals) ready for quarterly reviews and audits.
Be the technical resource for finance and project teams on unusual or complex project accounting questions.

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.

Preferred Qualifications

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

ABOUT THE WORK ENVIRONMENT

This role is in office at our corporate offices in the Brickell area of Miami, Florida. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

About the Company

Hut 8

Bitcoin mining and enterprise HPC infrastructure

Hut 8 operates in digital asset mining and high-performance computing infrastructure. It mines Bitcoin at scale with vertically integrated operations, owning mining hardware and managing power and facilities to control costs and profitability. In addition to mining, Hut 8 offers enterprise-grade technology services, including cloud and colocation data centers and high-performance computing infrastructure designed for security, reliability, and scalability. The company’s business model blends mining with enterprise data-center services to reduce cryptocurrency market risk while capitalizing on demand for compute-at-scale and digital infrastructure. Hut 8 differentiates itself by owning and operating its own energy and infrastructure, allowing tighter cost control, and by serving enterprise clients with secure, scalable data-center solutions alongside its mining activities.

Company size: 201-500
Company stage: IPO
Headquarters: Miami, FL
Founded: 2020

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