CapEx Accounting Manager

Overview

This role leads accounting, financial reporting, and controls related to capital expenditures across the organization’s data center development portfolio. The position ensures capital project accounting is accurate, complete, and timely in accordance with U.S. GAAP, including capitalization of construction costs, work-in-progress (CIP), fixed assets, and project closeout activities.

The CAPEX Accounting Manager partners with Development, Construction, Procurement, FP&A, and Project Controls to track, forecast, and report capital investments throughout the project lifecycle.

Responsibilities

• Support the monthly, quarterly, and annual financial close process, ensuring timely, accurate, and complete financial reporting.
• Oversee the accounting close for operating expenses, debt, equity, intercompany transactions, and other balance sheet accounts.
• Review and approve journal entries, account reconciliations, and supporting schedules prepared by the accounting team.
• Ensure transactions are recorded in accordance with U.S. GAAP and company accounting policies.
• Perform analytical reviews of balance sheet and income statement accounts; investigate variances and ensure appropriate resolution of accounting issues.
• Drive continuous improvements in the close process, including automation, standardization, and strengthening internal controls.
• Manage accounting for construction loans, revolving credit facilities, project financings, debt modifications, debt issuance costs, interest expense, and debt amortization.
• Prepare and maintain debt rollforwards and supporting schedules.
• Account for capital contributions, capital distributions, equity issuances, ownership changes, and other equity transactions.
• Maintain equity rollforwards and capital account schedules.
• Account for intercompany loans, capital calls, and financing transactions across multiple legal entities.
• Partner with Treasury and Corporate Development on new financing transactions and capital structure initiatives.
• Perform other duties and responsibilities as assigned.

Requirements

• Bachelor’s degree in Accounting or Finance.
• CPA required.
• 8–10 years of progressive accounting experience, including 2–3 years of experience with a Big Four public accounting firm.
• Experience leading the month-end close process in a multi-entity environment.
• Strong knowledge of U.S. GAAP and financial reporting.
• Experience preparing or reviewing consolidations and intercompany eliminations.
• Experience supporting external audits and working directly with auditors.
• Advanced Microsoft Excel skills.
• Experience with ERP systems (NetSuite preferred).

Preferred Qualifications

• Experience in data centers, commercial real estate, infrastructure, renewable energy, construction, or other capital-intensive industries.
• Experience working in a private equity-backed organization.
• Familiarity with project accounting and joint venture accounting.
• Strong analytical, organizational, and communication skills, with the ability to partner effectively across Finance and Operations.

Compensation & Benefits

This role is eligible for a competitive benefits package including:

• Medical, dental, vision, life, and disability insurance
• 401(k) retirement plan
• Flexible spending and HSA accounts
• Paid holidays
• PTO
• Employee assistance program
• Other company benefits

Compensation depends on qualifications, location, skills, competencies, and experience, and may fall outside of the range shown.

Equal Employment Opportunity

The organization is an equal opportunities employer and makes hiring and employment decisions based on experience, capabilities, and skills, and in accordance with applicable law. Hiring decisions are not based on religion, national origin, gender identity or expression, sexual orientation, age, marital status, veteran status, or disability status. All information is kept confidential according to applicable EEO guidelines.