Fixed Asset and Project Accounting Manager

About Valar Atomics

At Valar Atomics, we're redefining what's possible in energy. Our mission is to make clean, high-temperature nuclear power scalable—unlocking abundant energy for industry, hydrogen, and next-generation manufacturing. We are a team of builders, engineers, and operators who believe nuclear energy should be fast to deploy, factory-made, and built for the real world. Our first pilot plant in Orangeville, Utah will demonstrate how advanced nuclear systems and fuel fabrication can power the future. Joining Valar Atomics means becoming part of a company where autonomy, ownership, and impact exist at every level.

The Role

Valar is building the capital accounting backbone for a program that runs from one plant to many. Our first pilot plant is two things at once — a demonstration of a first-of-a-kind reactor and a productive asset that will sit on our balance sheet for decades — and dividing every dollar of engineering, equipment, and field labor between those two identities is the judgment this role owns. You will set the capitalization policy, build the allocation basis behind the split, stand up the CIP and fixed asset ledger that proves it, and carry all of it through our first external audit. Then you make it repeatable, so the tenth plant inherits a system rather than a starting point. You will begin as the whole function and build it into one worth staffing, growing with the capital program as it scales.

Key Responsibilities

• Own the capital versus research and development split on the pilot plant: define what share of engineering hours, equipment, and construction scope serves demonstration purposes versus a productive asset, document the basis in writing, and re-test it as design matures and scope changes.
• Own capitalization policy outright: set the thresholds, cost eligibility rules, and asset classes, and carry your positions through auditor challenge rather than leaving them in one person's head.
• Own the fixed asset and CIP subledger end-to-end — project setup, cost capture, transfers, placed-in-service determinations, depreciation, disposals, and impairment indicators — and unitize completed construction into discrete assets with supportable lives, working from component scope, as-built configuration, and turnover packages.
• Build and maintain the project cost structure — WBS and cost-breakdown coding, project hierarchies, and CapEx categories — so every dollar in CIP traces to a commitment, an invoice, and a scope of work, and the capital and R&D split falls out of the coding instead of a spreadsheet at quarter-end.
• Drive the monthly CIP and fixed asset close: cost roll-forward, capital accrual, interest and indirect cost capitalization where applicable, reconciliation to the GL, and variance commentary on project spend.