2025 TSI Chief Finanacial Officer

Overview

Chief Financial Officer – USVI Airport Redevelopment

Tikehau Star Infra is seeking a Chief Financial Officer to support the redevelopment and delivery of the Cyril E. King and Henry E. Rohlsen Airports in the U.S. Virgin Islands.

The CFO will be a key executive for the special purpose entity (“Company”) that will be redeveloping the airports under a dynamic Public-Private Partnership with the Virgin Islands Airport Authority (“Authority”).

Responsibilities

Development Phase Roles & Responsibilities

During the development phase, which is expected to last until Financial Close in H2 2025, the CFO will be an integral part of the Project’s development team and will participate in and lead workstreams relating to:

(i) Putting in place the human and IT infrastructure to ensure the Company will be well positioned to execute on the following activities after Financial Close:

• Meet its obligations under the project and finance contracts (project agreement with the public Authority, subcontractor agreement for construction and operations, airline use agreements, finance contracts with equity and debt capital providers).
• Establish the Project Company financial management policies and procedures and lead its implementation including monitoring of cash balances, reporting to the Board of Directors, and investment or distribution of surplus.
• Administer the receivables and payables of the Project Company
• Administer its accounting and tax obligations,
• Administer its obligations under legal and regulatory rules that pertain to US airports (grants in particular).

(ii) Assisting the development team in securing commitments for the financing of the project and achieving financial close.

Delivery Phase Roles & Responsibilities

During the delivery phase, the CFO will report to the CEO of the Company. The CFO is responsible to lead, direct and manage all financial, accounting, tax and IT functions.

Capitalizing on the infrastructure put in place at development phase, the CFO’s essential functions and responsibilities will encompass the following:

• Manage the finance/accounting and IT departments, including hiring and staffing responsibilities
• Manage the financial books and records of the Company
• Prepare and maintain timely and accurate financial statements in accordance with generally accepted accounting principles (GAAP and IFRS)
• Establish guidelines for budget and forecast preparation, and prepare the annual budget
• Develop performance measures and KPIs that support the company’s strategic direction
• Provide timely and accurate analysis of financial trends and forecasts against budgets and KPIs
• In collaboration with shareholders, maintain and update the project financial model on a regular basis
• Maintain strong relationships with all members of the management team and Board of Directors
• Together with the CEO and other members of the executive management team, ensure that the company complies with the provisions of the Project Agreement and key project and financing documents as it pertains to the CFO’s responsibilities.
• Participate in key decisions as a member of the executive management team
• Ensure that record keeping meets the requirements of the auditors and government agencies
• Generate and present financial reports to the Board of Directors
• Maintain relationships with external auditors and the Authority
• Maintain relationships with lenders, banks, rating agencies and their respective consultants (including traffic and technical advisors)
• Maintain relationships with aviation authorities and other relevant public authorities as it relates to its relevant financial matters (for example grants such as AIPs and PFCs)
• Interface expected with airlines
• Develop, implement, and ensure compliance with internal controls, financial and accounting policies and procedures
• Manage the acquisition of capital assets and ensure that assets are properly recorded amortized, and disposed of as appropriate
• Maintain appropriate insurance coverage
• Monitor cash balances and cash forecasts
• Invest surplus organizational funds as appropriate and in line with direction from the Board of Directors
• If applicable, work with the Board of Directors and representatives of the shareholders for the structuring and implementation of exceptional events such as debt refinancings, restructuring and investment exit.

Qualifications

• Bachelor’s degree in accounting or finance required; CPA preferred; MBA preferred or equivalent experience.
• Minimum of 15 years in senior financial roles as CFO or Controller
• Airport experience required, including experience working with commercial airlines.
• Project Finance / Public-Private Partnership experience preferred.
• Strong financial acumen, analytical skills, and strategic thinking ability.
• Proven ability to manage complex financial operations and supervise departmental staff.
• Excellent interpersonal and communication skills, with experience presenting to boards and senior leadership.

See Link in Recruitment Brochure for Complete Job Description.

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