Associate, FP&A - Capex
- Dallas, TX, United States
Applications open in a new tab.
Job details
- Experience
- 2+ years of experience in FP&A, project or construction finance or real estate development finance
- Posting language
- English
- Posted
Original job description
Who We Are:
Galaxy Digital Inc. (Nasdaq: GLXY) is a global leader in digital assets and data center infrastructure, growing the economy that runs on code. Galaxy delivers the onchain infrastructure that connects institutions to digital assets, including trading, advisory, asset management, staking, self-custody, and tokenization. Galaxy also develops and operates data center infrastructure to power AI and HPC workloads. Anchored by its Helios campus in Texas, Galaxy is building a multi-gigawatt pipeline of more than 5.7 GW of potential capacity, positioning it among the largest and fastest-growing data center developers in North America.
The Company is headquartered in New York City, with offices across North America, Europe, the Middle East, and Asia.
Additional information about Galaxy's businesses and products is available on www.galaxy.com.
What We Value:
We are a diverse team of free thinkers, and fast movers united to help investors and creators energize the global economy. We are looking for individuals who thrive in a culture of builders and overachievers and embrace high performance, transparent feedback, and a mission-first approach. Our culture shapes our way of working and gets us where we want to be.
- Seek Excellence.
- Be Selective To Be Effective.
- Be Highly Aligned, Loosely Coupled.
- Disagree Transparently.
- Encourage Independent Decision-Making.
- Build Dream Teams.
Who You Are:
Working as the Capex FP&A Associate on the Data Center Finance team, you will own the financial side of Galaxy’s data center construction program: building and maintaining construction budgets, cost-to-complete forecasts, and capital cash flow models that support project financing, equity funding, and executive decision-making. You will be the liaison between Construction, Procurement, Accounting, and Treasury, maintaining a single, reliable view of the budget, commitments, actuals, forecasts, and funding for every project from award through closeout. You should be able to conceptualize the “big picture” and translate concepts into detailed tactical execution plans while maintaining a high degree of accuracy. You should be comfortable working in a fast-paced environment, managing multiple priorities, and demonstrating the grit and ownership required to deliver accurate, timely insights.
What You’ll Do:
- Develop a deep understanding of Galaxy’s growing data center business, including project phases, construction delivery structures, and how capital flows from budget to contract to cash.
- Partner with Procurement and the construction team to build, model and maintain construction budgets and cost-to-complete forecasts by project and phase, tracking committed, incurred, and paid costs against budget and flagging variances early.
- Analyze construction and vendor contracts (including GMPs, purchase orders, and change orders) to determine committed scope, exclusions, contingency, and the remaining purchases still to come.
- Track and reconcile POs, change orders, and pay applications across vendors, ensuring budget, contract, and invoice records are tied out.
- Develop quarterly and rolling 12-month capital cash flow forecasts, including vendor payments, deposits, retainage, and funding timing, and clearly show funded versus unfunded needs.
- Support project financing reporting, including draw packages and funded-versus-unfunded schedules, reconciliation of project budgets to lender and investor models, and lender reporting requirements.
- Partner with Accounting on month- and quarter-end close, including accrual support for work in place not yet invoiced, capitalization of project costs, and reconciliation of the capital budget and forecast to construction-in-progress (CIP) balances.
- Collaborate cross-functionally with business leaders and partner closely with Construction, Procurement, and the broader Finance organization, including Group FP&A, Accounting, and Treasury.
- Create dashboards and KPIs, covering budget versus actual, committed versus uncommitted spend, contingency usage, cost per MW, and funding status for executive and lender audiences.
- Maintain documentation of financial processes and procedures to ensure compliance and efficiency, including controls over the capital budget and forecast process, and respond to audit requests related to capital projects.
- Provide data-driven ad-hoc analysis to support executive and business specific reporting.
- Embrace and champion the thoughtful adoption of AI to improve team performance and business outcomes.
- Leverage AI tools (e.g., generative AI, automation platforms, data copilots) to improve productivity, decision-making, and output quality in your day-to-day work
What We’re Looking For:
- 2+ years of experience in FP&A, project or construction finance or real estate development finance
- Strong foundation in financial statements, with demonstrated proficiency in income statement, balance sheet, and cash flow analysis and forecasting
- Experience building and maintaining financial models, ideally project-level cash flow or capital expenditure models, and extracting KPIs from them
- Detail-oriented with a structured approach to solving complex problems
- Flexibility to innovate and implement new procedures to improve processes and workflow
- Intellectually curious self-starter, comfortable navigating ambiguity in a fast-paced environment
- Ability to manage multiple high-priority tasks and deadlines at once
- Team player with a can-do attitude and excellent communication skills; able to explain financial concepts clearly to construction and executive audiences
Bonus Points:
- Experience with Workday or FP&A planning platforms (e.g., Adaptive Planning)
- Familiarity with construction contract structures and documents (AIA forms, GMP, EPC, schedule of values, pay applications, retainage)
- Familiarity with project cost accounting concepts such as commitments, estimate at completion (EAC), capitalization, and construction-in-progress (CIP) or WIP reporting
- Experience supporting construction loan, project financing, or lender draw processes
- Experience working at a high growth company
- An understanding of VBA, AI-assisted analytical tools, Power BI, Python, or SQL
What We Offer:
- Competitive base salary and discretionary bonus
- Hybrid/Flexible Working Arrangements
- Flexible Time Off (paid)
- 3% 401(k) company contribution
- Company-paid health and protective benefits for employees, partners, and other dependents
- Generous paid Parental Leave
- Competitive family planning benefits for US employees
- Opportunities to learn about the Crypto industry
- Smart, entrepreneurial, and fun colleagues
- Free daily snacks and weekly breakfasts/lunches
- Employee Resource Groups
- Free coaching and counseling sessions through Headspace
Apply now and join us as we grow the economy that runs on code. Galaxy respects diversity and seeks to provide equal employment opportunities to all employees and job applicants for employment without regard to actual or perceived age, race, color, creed, religion, sex or gender (including pregnancy, childbirth, lactation and related medical conditions), gender identity or gender expression (including transgender status), sexual orientation, marital or partnership or caregiver status, ancestry, national origin, citizenship status, disability, military or veteran status, protected medical condition as defined by applicable state or local law, genetic information or predisposing genetic characteristic, or other characteristic protected by applicable federal, state, or local laws and ordinances.
We will endeavor to make a reasonable accommodation to the known limitations of a qualified applicant with a disability unless the accommodation would impose an undue hardship on the operation of our business. If you believe you require such assistance to complete the application process or to participate in an interview, please contact careers@galaxy.com.
More about this job
Skills
- Decision making
- Procurement
- Reporting
- Documentation
- Financial department processes
- Regulatory compliance
- Financial statements
- Forecasting
- Improve business processes
- Workflow
- Communication skills
- Workday
- Adaptive Planning
- Good manufacturing practices
- Cost accounting
- VBA
- Microsoft Power BI
- Python
- SQL