Finance Business Partner - Project Controllership

Job description

About Volta Volta is the category-defining, fully vertically integrated AI infrastructure platform – from capital to clusters to software, under a founder-led enterprise. Our mission is The Utility of Compute™: AI infrastructure as dependable and available as electricity, for every organization that needs it. Launched with a $10B strategic partnership with one of the leading frontier AI labs, a Series A led by Andreessen Horowitz, and a $5B AI Infrastructure Fund, Volta is building the infrastructure layer of the AI era from the ground up. We are 100+ people across London, Palo Alto, and New York, with rapid growth expectations to hundreds. About The Role The Finance Business Partner will be embedded within the Project Controllership Organization, acting as the finance owner for large, long-duration capital projects from initial commitment through to completion and transfer to operations. You will bring rigorous project and cost accounting to the delivery teams: owning capex and cost accounting for your projects, building and maintaining project cost structures, tracking budgets, commitments and actuals, reporting variances with insight, and ensuring each project is accounted for accurately under US GAAP and closed out cleanly at completion. This is a hands-on role that pairs technical accounting depth with genuine business partnering - you will sit alongside project directors, engineers and procurement, not apart from them. What You Will Be Doing Project and capex accounting Capex accounting: own end-to-end accounting for assigned capital projects, including construction in progress (CIP/AUC), capitalization assessments under US GAAP (ASC 360), componentization, capitalized interest where applicable (ASC 835-20), and transfer to fixed assets on completion with correct in-service dates and useful lives. Compute and equipment capex: own the accounting for high-value compute and network equipment (GPU fleets and associated infrastructure), including vendor purchase order and financing payment tracking, delivery acceptance and in-service dating, componentization and useful lives, residual value support, and lessor accounting for intra-group equipment leases (ASC 842). Cost accounting: maintain accurate, complete and well-classified project cost records - distinguishing capital from operating expenditure, applying the capitalization policy consistently, and ens…