Europe Arbeitnow ·
part-timeFinance Business Partner - Project Controllership
Volta · London, UK
Volta is an AI infrastructure platform that builds end‑to‑end compute resources, from capital financing to hardware clusters and management software, aiming to make AI compute as reliable as electricity. The Finance Business Partner role sits within Volta’s Project Controllership team and is responsible for the full accounting lifecycle of large, long‑term capital projects. Daily duties include managing construction‑in‑progress and capitalized assets under US GAAP, building work‑breakdown structures, tracking budgets, commitments and actual spend, running monthly accruals, and preparing variance reports. The role also works closely with project directors, engineers and procurement to forecast cash‑flow, support board and investor reporting, and ensure accurate transfer of projects to operations. Ideal candidates will have solid experience in capex and cost accounting, familiarity with ASC 360, ASC 835‑20 and ASC 842, and the ability to translate technical project data into clear financial insights. Strong analytical skills, attention to detail and a collaborative mindset are essential for success in this hands‑on finance partnership position.
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 ensuring costs land in the correct entity, project, site and cost category. Project costing: build and own project cost breakdown structures (WBS/cost codes) aligned to contracts, procurement packages and the accounting dimension framework; establish cost baselines and estimates-at-completion (EAC) and keep them current. Accruals and commitments: run monthly cost accruals from contractor applications for payment, certifications and goods receipts; maintain the committed cost position (POs, contracts, change orders) and reconcile committed, accrued and actual spend. Month-end close: deliver project close activities to the group timetable - CIP reconciliations, accrual journals, retention and milestone payment tracking, and balance sheet substantiation for project-related accounts. Reporting, variance analysis and forecasting Variance reporting: produce monthly project cost reports comparing actuals and EAC against budget and prior forecast; explain variances with root-cause commentary and work with project teams on corrective actions. Forecasting: partner with FP&A and Strategic Finance on capex cashflow forecasting, phasing of spend, and funding drawdown planning for your projects. Provide current capex phasing and estimate-at-completion data into Strategic Finance's monthly business plan refresh. Board and investor reporting: contribute project cost and progress data to board packs, lender/investor reporting and management information, ensuring one version of the truth between delivery and finance. Work within, and help build, the group project reporting framework. Balance sheet visibility: own the project-related balance sheet - CIP, retentions, VAT recoverable, prepayments and committed spend - and feed these positions into the group management balance sheet dashboard on an automated, near-real-time basis. Project lifecycle and business partnering Cradle to completion: support projects through their full lifecycle - business case and budget setting, contract award, execution, change management, practical completion, final account settlement, and financial close-out including release of retentions and accrual true-ups. Change control: evaluate the cost and accounting impact of scope changes, change orders and claims; ensure changes are approved, coded and forecast before costs are incurred. Business partnering: act as the trusted finance counterpart to project directors, construction managers, procurement and engineering; challenge constructively, translate financial data into decisions, and embed cost discipline in delivery teams. Contract and procure
| Role | Finance Business Partner - Project Controllership |
|---|---|
| Company | Volta |
| Location | London, UK |
| Compensation | Not disclosed |
| Deadline | Rolling |
Typical process for this type of role
A general guide — the exact steps for this specific listing may vary; check the original posting for details.
- 1ApplicationSubmit your resume through the apply link.
- 2ScreeningRecruiter reviews your background against the role.
- 3AssessmentA technical test, assignment, or coding round, depending on the role.
- 4Interview(s)One or more rounds with the hiring team.
- 5OfferOffer letter with compensation and start date.
Before you apply
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