Corporate Affairs Group

The Corporate Affairs Group (CAG) provides essential and professional services across all areas of Macquarie including financial control and planning, capital management and funding. The primary aim of CAG is to provide a seamless multi-disciplinary support infrastructure tailored to business requirements, while maintaining appropriate levels of risk management, compliance and corporate governance.

CAG consists of ten divisions:

• Business Improvement and Strategy
• Business Services
• Company Secretarial
• Corporate Communications and Investor Relations
• Finance
• Group Financial Management
• Human Resources
• Settlements
• Taxation
• Treasury

CAG manages the settlement of transactions and reconciliations for a number of Macquarie accounts and administers the Macquarie Group of companies. CAG offers strategic advice and expertise in a number of disciplines including Human Resources, Taxation, and Consultancy. CAG also manages the ‘face’ of Macquarie including the brand and investor relations and provides professional management of workplace environments.

CAG sets and maintains high standards and is continually developing operational efficiencies and setting industry benchmarks in service delivery.

For every cent of profit made, each new acquisition, every innovative business that we have started and all the new countries we have entered, the Corporate Affairs Group has helped make Macquarie’s success possible.

Opportunities

Full-time and internship opportunities are available in our Finance Division in New York and Philadelphia as well as in a rotational program with our Finance and Settlements teams in Houston.  Please see below for more information on each of these teams.

Past graduates have joined CAG from a wide range of disciplines, such as finance, economics, engineering, computer science, humanities, and the sciences.  All CAG full-time and internship hires will participate in training programs including both personal development and technical aspects and will be exposed to varied and complex work from day one.  An Accounting major is required.

Please indicate your group (CAG) and location (New York, Houston, or Philadelphia) preference in your application/cover letter.

New York and Houston Finance

The Finance Division is responsible for financial planning and control, internal management reporting and budgeting, capital and funding management and statutory reporting. In New York, the team supports Macquarie Capital, Macquarie Securities Group, Fixed Income, Currencies and Commodities Group, and Corporate and Asset Finance.  In Houston, the team focuses on our energy-focused businesses – Fixed Income, Currencies, and Commodities, and Macquarie Capital. 

Roles in the Finance Division are diverse and incorporate all aspects of finance including:

• Month-end close – Balance sheet controls, expense analytics and other internal/external reporting requirements for 10+ legal entities
• Management reporting – Monthly management results delivered to the business and centrally
• Tax – Responsibility for tax accounting, tax returns and other regulatory issues
• Product control – Reporting of daily Income Statements for trading areas
• Capital and funding – Monitoring and reporting of capital and funding accounts
• Advice and support – Technical accounting and tax support for structured deals under US GAAP, IFRS and AU GAAP

Houston Settlements

The Settlements Division is responsible for the management of the operations relating to transactions executed by Macquarie’s trading groups. Roles within Settlements play a key role in managing operational risk for the business including:

• Dealer support – transaction verification, confirmation and issue monitoring across a range of commodities
• Counterparty accounting – invoicing, reconciliation and issue resolution
• Pipeline accounting – actualization of physical gas flows, reconciliation of pipeline accounts and issue resolution
• Power accounting – verification and reconciliation to ISO invoicing and issue resolution
• Trade finance – management of trade documentation including Letters of Credit and Physical Oil trade documentation
• Structured transactions – support to the business in establishing external cash management facilities and ongoing management of payments
• Cash management – overall cash management  including payments, receipts and daily funding requirements

Philadelphia Finance

Our Philadelphia Finance team supports Delaware Investments, a member of the Macquarie Group.  Delaware Investments is a U.S.-based diversified asset management firm, managing assets across all major asset classes for a wide range of institutional and individual investors.

Interns in our Philadelphia Finance team will perform accounting, analysis and internal reporting for certain Delaware Management Holdings, Inc. (DMHI) subsidiaries.  Duties and responsibilities during the 10-week program might include:

• Assist in recording transactions for DMHI companies (approximately 12 companies), which also includes preparing journal entries, wire transfers, daily deposits, and cash entries.
• Prepare account reconciliations on a monthly basis for DMHI companies.
• Support senior accountants with various analyses.
• Prepare financial statements
• Prepare special analyses and perform and/or participate in special projects/activities as requested by management.