Senior Project Accountant
About the job
- A CA/CPA-qualified candidate with demonstrated experience in project accounting, quantity surveying, or contracts administration.
- Exposure within the construction field or adjacent industries is required for consideration as relevant experience.
- Ability to set and manage deadlines across shifting environments.
- Previous experience in forecasting across ambiguous and changing environments.
- Ability to develop key stakeholder relationships, drive outcomes, and determine sources of truth.
- Australian citizenship with the ability to obtain and maintain an NV1 Security Clearance.
- Oversee the end-to-end financial aspects of multiple high-value data centre builds from design through construction.
- Support procurement efforts for ongoing construction activities and oversee the financial aspects of data centre builds.
- Collaborate with Development and Finance teams to prepare, reconcile, and analyse construction projects.
- Attend monthly Project Control Group meetings with internal and external stakeholders to identify and address commercial and accounting issues affecting project costs.
- Provide detailed cost analysis for multiple projects to support capital expenditure decision-making.
- Prepare cash flow forecasts, variance analyses, and project accounting reports for distribution to the Board and senior stakeholders.
- Act as the key contact with suppliers and proactively address invoice and financing issues.
- Analyse complex cost scenarios and provide concise advice and commentary.
- Support the Development team with ad-hoc queries and contribute to process improvement initiatives.
- Exposure within the construction field or adjacent industries.
- Strong communication skills and effective teamwork.
- A proactive, self-starting approach and eagerness to learn and develop within the industry.
About the company
CDC Data Centres owns and operates secure, sovereign data centres across Australia and New Zealand. It designs modular, scalable facilities and provides a full suite of services—from design and planning to deployment, operations, and monitoring—covering colocation, cloud, and managed infrastructure. Its facilities serve government, defense, finance, healthcare, technology, and hyperscale customers that require highly secure, compliant data hosting and connectivity. Unlike many providers, CDC focuses on sovereign, long-term infrastructure solutions with contracts often spanning decades and tailored to critical infrastructure needs. The company aims to expand its footprint to protect and enable government and enterprise operations by delivering secure, flexible data centre environments that meet strict data sovereignty and security requirements.
Company Size
201-500
Company Stage
N/A
Total Funding
N/A
Headquarters
Fyshwick, Australia
Founded
2007
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Simplify's Take
What believers are saying
- ACT approved Beard 2 on 29 September 2026, adding 84MW at Beard.
- Contact and CDC announced Stratford, Taranaki on 10 August 2026, targeting 250MW with batteries.
- Infratil said CDC’s independent valuation reached A$18.5 billion in July 2026.
What critics are saying
- Wagga Wagga’s 1.4GW campus needs zoning change, SEARs, water, sewer, and grid approvals.
- Hazelmere’s 2026 proposal faces native-vegetation and noise backlash after GreenSquareDC’s withdrawal.
- If CDC misses FY28–FY29 buildouts, the 555MW contract becomes stranded revenue timing risk.
What makes CDC Data Centres unique
- CDC’s 6 May 2026 555MW US contract pushed contracted capacity above 1GW.
- Its sovereign campuses span Canberra, Sydney, Melbourne, Perth, Auckland, and planned regional Australia.
- CDC pairs long contracts with industrial sites, closed-loop cooling, and renewable power claims.
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CDC Data Centres told not to take Wagga Wagga for granted over mega plan. Posted about 5h ago In short: Residents in Wagga Wagga have started a petition to halt development of a $15 billion data centre campus outside the town. CDC Data Centres plans to acquire 100 hectares to build the proposed 1.4-gigawatt facility. What's next? The proponent has submitted a scoping report and has two years to develop an environmental impact statement once the state government sets the guidelines. When residents of the NSW city of Wagga Wagga learnt one of the country's largest data centres was proposed for down the road, they had questions. For resident Liz Warrell, the biggest was: how does it benefit her community? "It's a big box; it sits there," she said. "I don't know if it generates employment, I know it's using resources and I know it's creating emissions. "So what effect is that having on us as a community as our climate dries?" CDC Data Centres is proposing to build a $15 billion campus on a 100-hectare council-owned site next to the city's landfill. If approved, the 1.4-gigawatt facility is expected to consume more electricity each year than a million typical NSW homes. Just 4 kilometres from the proposed site, Eden Summers is also worried her peaceful rural lifestyle is at risk. "Government likes to take action on big business projects without actually thinking of the locals," Ms Summers said. The land CDC is eyeing for the project is currently zoned for primary production use, but the company proposes to change the zoning. "We have restrictions on what we can do on our land, but then when it comes to big business, everything changes; there's just no consistency," Ms Summers said. "People feel backstabbed." A petition to halt the development, started by Ms Summers, has attracted more than 1,000 signatures and states locals "should not have to sacrifice our rural community for a data centre". "If it was on land designated for this sort of project, opposition wouldn't be as strong," she said. "But the land we are on, and the environment, is not appropriate." Other residents cautiously open to plan. However, some Wagga residents, like Katrina Walker, think the site, 15 kilometres from the city's centre, made sense. "If it's out at Gregadoo, that's a fair way out, so I think it'd be OK," she said. So far, only a scoping report that provides an overview of the proposed state significant development has been made publicly available. Advocacy group Committee 4 Wagga has cautiously welcomed the proposal, having campaigned previously for more industry in the city. But co-chair Richard Pottie said support for the centre would depend on the details. "We can't take on the 'not in our backyard' philosophy," he said. "If there are lots of cons, we need to address it; if there are lots of pros, we need to endorse the project and make the most of it." Calls for information on water and power usage. The first community consultation sessions will be held in Wagga on Wednesday and Thursday next week. Once the state government releases its State Environmental Assessment Requirements (SEARs) for the project, CDC will have two years to submit an Environmental Impact Statement (EIS). The full outline of the data centre's electricity infrastructure needs, as well as a noise and vibration assessment and a water management plan, will be included in that EIS. A CDC spokesperson said that in the proposed centre's first stage of operation, it was estimated that 1.28 million litres of water, or the equivalent water use of seven households, would be needed for an "initial fill". "CDC typically undertakes this from rainwater collected onsite, with a backup from water trucks or, depending on local conditions, town water," the spokesperson said. The company said on an ongoing basis, the first stage of the project was expected to consume as much water as a typical office building. "Gerard Roofs estimate its annual water consumption to be approximately 1,512,000 litres per year. "The town water usage is estimated to be equivalent of a little less than nine Australian households." Meanwhile, CDC said once completed, the 1.4-gigawatt campus was expected to run at between 40 and 60 per cent of its maximum capacity, depending on customer needs. The company estimated that would be the equivalent of 5-7 terawatt-hours (TWh) annually. According to household usage data from the Australian Energy Regulator, this is the equivalent annual consumption of between 1 and 1.5 million NSW homes. CDC's website stated the project "could bring hundreds of new jobs during construction and ongoing skilled employment opportunities once operational". Community consultation vital. Independent Member for Wagga Wagga Joe McGirr said lessons learnt during the state's renewable energy rollout need to be applied during the community consultation process. "You can't take the community for granted," he said. "You don't just come and pretend there's no one here. "You've got to genuinely engage with the community, you've got to address community concerns, and you've got to make sure communities get benefits." Dr McGirr said he had spoken with CDC about the project and toured one of the company's data centres in Sydney. "It was quite impressive from a safety and water point of view," he said. "The technology doesn't use a lot of water; they recirculate all the water. It's an Australian technology, built, as I understand, for our conditions." The importance of community consultation has been echoed by the Wagga Business Chamber. "We want to make sure that they're not just ticking a box," business manager Sally Manning said. While Eden Summer acknowledged that it could be years before the data centre was approved, she was in opposition for the long haul. "We're surrounded by people that want to fight."
Allens joins Data Centres Australia. 7 October 2026 Allens has joined forces with leading voices in the Australian data centre sector with affiliate membership of Data Centres Australia. Through its membership, Allens will share its market-leading expertise to support Data Centres Australia's goal of making Australia a leader in technology innovation and sustainable data centre development. The announcement follows Allens' advice across the full lifecycle of Australia's largest and most complex data centre developments, with the firm having recently advised: * Stockland on its capital partnership with data centre operator EdgeConneX to develop, own and operate an Australian portfolio of data centres, and on grid connections; * Global investment group La Caisse on its $1.7 billion commitment in hybrid securities issued by NEXTDC Limited, Australia's largest listed data centre developer; * Keppel on its proposed development of a 720MW data centre campus on a 123-hectare site near Victoria's former Hazelwood power station, including advising on development and acquisition rights and power and network connections; * Blackstone on AI infrastructure company Firmus' US$10 billion debt financing facility for the Project Southgate GPU deployment; * IREN on the Australian law aspects of US$3.85bn of convertible senior notes across multiple issuances; * IREN on its transmission connection agreement and other matters for its first Australian data centre campus, a planned 800MW campus in Bundey, South Australia; * CDC Data Centres on raising $1.7 billion in the Australian debt capital markets, comprised of a $1 billion first rated corporate hybrid (the first issued by a data centre operator in the AMTN market) and a $700m dual-tranche senior secured debt issuance; and * data centre developers, network service providers, and energy retailers on regulatory requirements under the NER specific to data centres, including in relation to Transmission Use of System Charges and connection configurations. Partner David Donnelly said: 'Australia stands at a crossroads in its development of data centres as both essential national infrastructure and an opportunity to attract global investment. We are delighted to work with Data Centres Australia as our nation works towards one of the greatest infrastructure opportunities in a generation.' Partner Gavin Smith said: 'Data centre and AI Infrastructure development is driving significant investment, jobs and strategic capability across our economy. By joining forces with other leading organisations in this space, we hope to assist in influencing national reform to improve planning certainty and support the continued wave of global investment into our economy.' Data Centres Australia is the peak representative body for data centres in Australia. Together with its members, it works collaboratively with government and stakeholders to raise awareness and advance effective and sustainable data centre development.
Dicker Data shares jump on Sektor acquisition. Debt Costs CDC Data Centres loses $78m in value in September quarter. 3:48pm today The news: An independent valuation of Infratil and Future Fund owned CDC Data Centres has lowered its value by $78 million in the three months to 30 September 2026 amid higher interest costs. The context: The revaluation follows CDC CEO Greg Boorer's announcement that the company had split with neocloud Firmus, ending the Project Southgate plan to jointly roll out 1.6 gigawatts of data centres across Australia after just 42 megawatts of deployed capacity. Infratil told the exchange that the valuation was affected by the cashflow impacts of a "material increase in the forward yield curve, which drove forecast debt servicing costs within the cashflows, and resulted in higher assumed interest costs over the forecast period". The cashflow impact offset the lift in contracted capacity to 1.1 gigawatts with 70 megawatt contracted. The company is also accelerating its buildout and saw its total reported pipeline increase by 240 megawatts to 4.2 gigawatts. The numbers: CDC's independent valuation fell to a mid-point valuation of $18.45 billion, which sits within the valuation range of $17.4 billion to $19.6 billion. Infratil's 49.69% stake in CDC has fallen in value by $45 million to $9.17 billion. This changes from the 49.72% interest Infratil held at 30 June 2026. Net debt increased to $7.14 billion, up from $5.98 billion, over the period. The source: ASX Get Letter of Intent in your inbox. Billions of dollars of index-linked demand could be riding on Firmus' blockbuster float, but entry to ASX benchmarks may have to wait until March. Hugo Mathers · 2 October 2026 This week on the podcast, the data centre debate heats up as Goodman Group faces its Lane Cove setback and Firmus signs a mega deal with Meta. John McDuling, James Hennessy, and Harshdeep Kaur · 2 October 2026 Ampol's bet on Evie Networks continues the fuel retailer's transformation under Matt Halliday and comes just as EV adoption rates in Australia hit a tipping point. Brandon How · 1 October 2026
Infratil reports stable CDC valuation amid higher interest rates. October 6, 2026 at 07:39 PM UTC - By FilingReader AI Infratil announced that CDC's independent valuation was broadly flat at a mid-point of A$18.5bn as of 30 September 2026. Higher assumed interest costs from a material increase in the forward yield curve offset positive cash flow movements, dropping the overall valuation by A$78m to A$18.45bn. Infratil's 49.69% interest in CDC is valued at A$9,168m, down A$45m from the previous quarter. The independent valuer noted CDC's cost of equity increased to 12.58% due to a higher forecast long-term gearing ratio. Net debt increased by A$1,161m over the quarter after CDC raised A$1.7bn in debt, including A$700m in Australian Medium-Term Notes and A$1bn through a US Private Placement. Operationally, CDC expanded its capacity pipeline by 240 MW to 4,180 MW, while contracted capacity reached 1.1 GW following an additional 70 MW contracted. This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact [email protected]
Data centres: CDC, Firmus reportedly ending Australian plans. Tue, 06 Oct 2026 0 Comments / 0 New CDC's Australian data centre plans are changing. Image / NZME A major data centre partnership in Australia is over as CDC Data Centres and artificial intelligence infrastructure company Firmus Technologies end their deal. CDC, of which 49.7% is owned by NZX-listed Infratil, and AI infrastructure start-up Firmus are reported to have "mutually agreed" to end their partnership.That scuppers their Project Southgate plan announced last October in which, along with Nvidia, the two were set to design the "blueprint for sovereign, renewable-powered AI infrastructure" for Australia.&nb... * Deeply researched, twice-edited and fact-checked news * Annual subscribers also receive a complimentary subscription to The Wall Street Journal * Personalised email news alerts, plus gift up to 5 stories a month to non-subscribers Minimum password length of 8 characters. 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