Chief Financial Officer

Boyden has been retained to secure a high-performing Chief Financial Officer for Sunshine Coast Airport.

About Sunshine Coast Airport (SCA)

Sunshine Coast Airport (SCA) sits in the heart of Australia’s authentic and idyllic Sunshine Coast. The airport’s 2040 Masterplan and the Queensland State Government’s recent announcement to declare SCA a Priority Development Area (PDA), recognises the airport’s strategic importance to the region.

SCA is working closely with the Queensland Government through Economic Development Queensland (EDQ) and Sunshine Coast Council to plan the growth of the Airport, which will create a modern and competitive airport that will deliver significant economic benefits to the region through new employment and business opportunities.

As a major regional airport, SCA’s continued growth and development will also be critical in delivering State and Federal Government policy and strategy. The Queensland State Government’s bold overnight visitation expenditure (OVE) tourism targets and the delivery of the 2032 Olympic and Paralympic Games support the need for the airport to grow domestic and international capacity.

SCA is co-owned by two primary shareholders, Palisade Investment Partners and Brighter Super, each holding a 50% stake. Additionally, SCA manages Coffs Harbour Airport.

Role Overview:

Reporting to the Chief Executive Officer (CEO) and based at Sunshine Coast Airport in Marcoola, Queensland, the incumbent will be responsible for directing and overseeing the financial activities of SCA and its entities. This role involves providing vision and leadership in Financial Planning and Analysis, Financial Accounting, Tax, Capital Approvals, and Treasury Management.

Key responsibilities:

• As part of the Management team, the incumbent will be responsible for significantly contributing to the development, review, and implementation of business strategies and plans.

  • • Leading and managing the Finance Department on a day-to-day basis. More specifically overseeing their deliverables, ensuring compliance with GAAP and all other relevant reporting requirements and financial obligations.
  • • Management of variable costs, ensuring these are contained within the approved budget as well as ensuring full compliance with any consultancy agreements.
  • • Provide accurate and timely financial information and support to the CEO. Ensuring shareholders are well informed of the financial position.
  • • Focus on meeting the EBITDA budget and ensure all capital projects have a business case.
  • • Monitor financial reporting systems and procedures, recommending changes as appropriate, including departmental procedures.
  • • Direct and manage the day-to-day cash management, asset register, reporting/requesting capital projects, and lifecycle budgets.

• Ensure appropriate reporting frameworks are in place that demonstrate the integrity of the business and ensure compliance with debt facility, hedging arrangements, and tax structure ensuring compliance with the airport lease and other relevant transaction documentation.

  • • Preparation of a detailed equity and financing strategy in recognition of future capital developments and equity requirements.
  • • Assist the CEO with the evaluation of new business opportunities and working these through with the relevant departments, whilst providing key financial input to all business case proposals that are presented to the Board.
  • • Champion commercialisation of decision-making within the organisation and ensure employees are sensitive to decisions that could impact equity distributions and the valuation of the shareholders’ investment in the business.
  • • Identify opportunities to manage costs and enhance revenues and distributions, and present these to the Board as appropriate.
  • • Make recommendations regarding the proposed strategy for refinancing the debt facility from time to time and manage the implementation of refinancings.
  • • Make recommendations for the proposed interest rate hedging strategy (within the Board’s overall hedging policy) and manage the implementation of hedging.

Experience and Qualifications

  • • Extensive experience in the management of complex financial and treasury matters.
  • • Proficient in capital budgeting and debt financing.
  • • Substantial experience in negotiating intricate commercial agreements.
  • • Experience in strategy formulation and execution.
  • • Experience in board management and stakeholder engagement.
  • • Experience in financial planning and analysis, financial accounting, tax, and leading a small finance team.
  • • Relevant graduate and postgraduate academic qualifications in accounting and membership of a recognised professional organisation.

• CA or CPA qualified.

To Apply

If you are interested, please email your application to [email protected].