--- title: 'Principal, FP&A — Development at Hut 8' canonical: 'https://feeny.ai/job/principal-fp-a-development-hut-8-miami-8zxpc8kd0d6n' type: 'job' last_seen: '2026-09-12' --- # Principal, FP&A — Development at Hut 8 - **Company:** Hut 8 - **Location:** Miami, FL - **Posted:** 2026-09-11 - **Last confirmed live:** 2026-09-12 - **Apply:** https://job-boards.greenhouse.io/hut8/jobs/5422644008 ## Job description ## 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 developing large-scale energy and digital infrastructure, with a growing pipeline of data center campuses and power projects. We are seeking a Principal, FP&A — Development to own the financial picture of our development portfolio across the full project lifecycle — from initial estimate through project completion — and to answer the question that matters most: how did we actually perform against what we underwrote? This is an analytically demanding, high-ownership role. You will publish recurring reporting on the development portfolio, build and maintain cost estimates and estimate-to-actual analyses, and serve as a trusted finance partner to both the Corporate Development team and the Energy Origination (EO) team. You'll be expected to work in modern tooling — including visualization platforms and AI tools — to make reporting faster, sharper, and more decision-ready. ## Key Responsibilities Portfolio Analysis & Reporting - Publish recurring reports on the development portfolio — budgets, forecasts, commitments, spend, and variances — on a consistent weekly/monthly cadence. - Perform portfolio-level analysis across projects: capital deployment, cost trends, benchmarking across sites, and scenario/sensitivity analysis to support leadership decisions. - Build clear, decision-ready dashboards and visualizations in Power BI, Tableau, or AI tools; continuously improve reporting so insights are self-serve and current. Cost Estimating & Project Lifecycle Ownership - Own the financial view of the full development lifecycle: develop and maintain cost estimates at each stage, track them through execution, and close the loop with estimate-vs-actual analysis at project commercialization. - Serve as cost estimator for development-stage projects, working with Development, Construction, and Procurement to build defensible, well-documented estimates. - Feed lessons learned from completed projects back into estimating assumptions, benchmarks, and unit-cost libraries to improve accuracy over time. Business Partnership - Act as a finance partner to the Corporate Development team and the Energy Origination (EO) team — supporting planning cycles, reforecasts, capital approvals, and ad hoc analysis. - Reconcile project data between PMIS and NetSuite to ensure a single, accurate source of truth for project financials. - Support monthly close, accruals, and capital reporting in partnership with Accounting. Tools, AI & Continuous Improvement - Actively use AI tools to accelerate analysis, reporting, and documentation — and identify new ways to automate manual workflows. - Improve and standardize templates, models, and reporting processes across the development portfolio. - Travel to project sites (~10% of time) to stay grounded on site progress and validate assumptions behind the numbers. ## Qualifications - 3+ years of experience in FP&A, project finance, cost estimating, project controls, or portfolio analytics — ideally supporting real estate development, data centers, energy, or large capital projects. - Strong analytical skills with demonstrated experience in portfolio analysis, cost estimating, budgeting and estimate-vs-actual (lookback) analysis. - Excellent communication skills; able to publish polished reporting and present findings to corporate and operations stakeholders. - Comfort operating with ownership and autonomy across the full lifecycle of a project. - Bachelor's degree in Finance, Accounting, Economics, Engineering, Construction Management, or a related field (or equivalent experience). - Willingness to travel ~10% to project sites. Systems & Tools - Visualization: Power BI, Tableau, or other tools — able to build and maintain dashboards independently. - PMIS: Experience with project management information systems preferred (e.g., Procore, Kahua, e-Builder, Unifier, or similar). - ERP: NetSuite preferred; comparable ERP/accounting platforms acceptable. - Excel: Advanced proficiency — complex models, pivot tables, lookups. - AI: Demonstrated, practical use of AI tools in day-to-day analytical and reporting work. ## ABOUT THE WORK ENVIRONMENT This role is in office at our corporate headquarters in the Brickell area of Miami, Florida. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. WHAT MAKES HUT 8 A GREAT PLACE TO WORK Hut 8 offers a benefits and wellness program that includes medical, dental, vision, life, and short-term and long-term disability insurance, as well as paid time off. We are proud to invest in building the best team in the industry. At all levels of the organization, we are driven by an entrepreneurial spirit, radical transparency, and relentless growth mentality. At Hut 8, you will have the opportunity to: ▶ Work with bright, driven peers from a range of educational and professional backgrounds including software development, energy, engineering, entrepreneurship, investment banking, private equity, and management consulting ▶ Design and pitch new products, services, and other initiatives to a leadership team consisting of serial entrepreneurs and seasoned executives and backed by a board of directors consisting of industry veterans of energy, finance, and government ▶ Debate ideas and alternatives in a truly meritocratic setting where the learning curve is steep and the lessons come from both senior and junior members of the team ▶ Build a lifelong network of friends and professional connections at the cutting-edge intersection of technology, energy, and infrastructure ## About Hut 8 ## Company Overview - **One-liner**: Hut 8 is an energy infrastructure platform that integrates power, digital infrastructure, and compute at scale to fuel next-generation, energy-intensive technologies including Bitcoin mining and high-performance computing (HPC/AI). - **Entity Type**: Public (NASDAQ: HUT; TSX: HUT) - **Headquarters**: Miami, Florida, United States - **Founded**: 2017 - **Founders**: Not publicly listed as individual founders; the company emerged from the Hut 8 Mining Corp. lineage. ## Core Business - **Primary industries**: Energy Infrastructure, Digital Infrastructure, High-Performance Computing (HPC), Artificial Intelligence (AI) Compute, Bitcoin Mining. - **Target customers**: B2B; primarily enterprise and institutional clients needing purpose-built data centers, colocation, and compute capacity for AI and HPC workloads. Also includes institutional energy partners and Bitcoin mining operators. - **Mission/Purpose**: To build a platform that evolves alongside energy-intensive technologies for decades to come—from world-shaping innovations today to the breakthroughs yet to be achieved. They take a "power-first, innovation-driven" approach. ## Products & Services - **Energy Infrastructure (Power)**: Acquisition, development, and management of critical energy assets—powered land, interconnects, substations, switchyards, and generation assets. This is the foundational layer of their platform. - **Digital Infrastructure (Data Centers)**: Design, build, monetize, and operate purpose-built facilities for energy-intensive applications (AI, HPC, Bitcoin mining). Key assets include the Beacon Point (1 GW AI campus) and River Bend (330 MW) sites. - **Compute (HPC & AI)**: Operating businesses that acquire, deploy, and monetize specialized hardware for next-generation workloads. This includes their **Highrise.ai** subsidiary, which commercializes AI infrastructure and cloud capacity. - **Bitcoin Mining & Managed Services**: Legacy and ongoing ASIC compute operations across sites in Alberta, New York, and Texas. ## Market Standing - **Valuation/Market Cap**: Not publicly disclosed in provided sources. As a public company (NASDAQ: HUT), market cap fluctuates with stock price. - **Key Metric**: **1,020 megawatts** of energy capacity under management across 15 sites in the US and Canada (as of mid-2026). They recently commercialized the first phase of their 1 GW Beacon Point AI data center campus with a **15-year, 352 MW IT lease** carrying a base-term contract value of **$9.8 billion**. - **Notable Investors/Partners**: Macquarie (joint venture partner), a Fortune 200 renewable energy producer (JV partner), and institutional debt investors (closed $4.25 billion in investment-grade senior secured notes for Beacon Point). - **Growth Signals**: Massive headcount growth (+55.7% year-over-year to 175 employees). Active job postings have grown +116.7% year-over-year (52 open roles). They are aggressively building out their AI/HPC commercial arm (Highrise.ai) and expanding their energy origination team. ## Competitive Advantages - **Power-First Approach**: Unlike pure data center developers, Hut 8 originates and owns the power assets (land, interconnects, substations) first, giving them a structural advantage in speed and cost to market. - **Multi-Use Case Flexibility**: They can deploy Bitcoin mining as a "transitional load" to generate cash flow while building out higher-return AI/HPC data centers on the same site. This allows rapid, cost-effective commercialization. - **Scale & Financial Backing**: A 1 GW campus (Beacon Point) with a $9.8B contracted lease and $4.25B in investment-grade debt financing is a rare, institutional-grade asset in the AI infrastructure space. - **Integrated Platform**: They own the full stack—power, physical data centers, and compute operations—enabling them to optimize assets for the highest risk-adjusted return over time. ## Strategic Focus - **Scaling AI Infrastructure**: The primary current focus is commercializing the Beacon Point campus and building out River Bend for AI compute. The Highrise.ai subsidiary is central to this push. - **Energy Origination**: Aggressively acquiring and developing new power assets (interconnects, substations) across North America. - **Platform Optimization**: Actively managing the portfolio to transition assets from Bitcoin mining to higher-return HPC/AI use cases over time. - **Capital Discipline**: Using creative financing (investment-grade notes, JVs) to fund massive capital expenditures while maintaining a disciplined balance sheet. ## Why Work Here - **High-Impact Work**: Employees work at the intersection of energy and AI—two of the most transformative industries. The company is building infrastructure that powers the next generation of technology. - **Culture & Values**: Certified as a **Great Place to Work®** and included in Newsweek's America's Greatest Companies. Culture is described as "ownership mindset," "merit-based decision-making," "no room for ego," and "the best idea wins." CEO Asher Genoot emphasizes "substance over flash." - **Growth Trajectory**: The company is in a hyper-growth phase (55% headcount growth YoY, 117% increase in job postings). This offers rapid career advancement and the chance to shape a scaling organization. - **Work Environment**: Headquarters in **Miami, FL**, with roles available in San Francisco, Baton Rouge, Nueces County (TX), and remote options for some positions (e.g., Director, Energy Origination is remote). - **Notable Perks**: Working with a team of "sector veterans and proven builder-operators." Emphasis on intellectual rigor, ownership, and solving hard problems at scale. ## Sources 1. [Hut 8 Corporate Website](https://www.hut8.com/) 2. [Hut 8 Careers Page (Greenhouse)](http://job-boards.greenhouse.io/hut8) 3. [Hut 8 LinkedIn Profile](https://www.linkedin.com/company/hut8corp) 4. [Hut 8 About Us Page](https://www.hut8.com/about-us) 5. [Hut 8 Platform Page](https://www.hut8.com/our-platform) ## Other roles at Hut 8 - [Principal, Project Controls — Data Center Construction Design & Construction](https://feeny.ai/job/principal-project-controls-data-center-construction-design-construction-hut-8-sbajm3jsya4a) — Miami, FL - [Principal, Technology](https://feeny.ai/job/principal-technology-hut-8-miami-sn5rfcx3tkyz) — Miami, FL - [Associate, Bitcoin Mining Strategy](https://feeny.ai/job/associate-bitcoin-mining-strategy-hut-8-miami-nry7nfrzp470) — Miami, FL - [Principal, Data Operations](https://feeny.ai/job/principal-data-operations-hut-8-miami-adwfxnacrgxh) — Miami, FL - [Principal, IT Operations & Infrastructure Engineer](https://feeny.ai/job/principal-it-operations-infrastructure-engineer-hut-8-miami-3rbg43zqr43h) — Miami, FL - [Accounts Payable- Projects, Partner](https://feeny.ai/job/accounts-payable-projects-partner-hut-8-miami-j16s8z5zm8mr) — Miami, FL - [Principal, People Operations](https://feeny.ai/job/principal-people-operations-hut-8-miami-02104vbjpjzy) — Miami, FL - [Principal, Data Scientist](https://feeny.ai/job/principal-data-scientist-hut-8-miami-ptz0cbfktk1k) — Miami, FL - [Civil Engineer](https://feeny.ai/job/civil-engineer-hut-8-miami-68t958yk7sy6) — Miami, FL - [Risk & Change Manager](https://feeny.ai/job/risk-change-manager-hut-8-miami-ddas8aht4jq4) — Miami, FL / Corpus Christi, TX