Manager, Financial Reporting (mic)
Macquarie (New York City, New York)

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Macquarie Infrastructure Company (NYSE: MIC) is the pre-eminent NYSE-listed company involved in the ownership of and investment in infrastructure assets in the United States. For the December 31, 2005 year, revenues totalled $305m and total assets were $1,363m. Traditionally, infrastructure businesses have been owned by governments or private investors. By owning shares of MIC trust stock, investors have an opportunity to participate directly in the ownership of these businesses.

MIC is supported by the global resources of the Macquarie Group (ASX: MBL), a recognized leader in the investment in, ownership and management of infrastructure assets.

MIC’s existing businesses consist of:

1. Atlantic Aviation, an airport services business that operates 42 fixed base operations (FBO’s) at airports/heliports throughout the United States;

2. Macquarie Parking, the largest provider of off-airport parking services in the United States, with 30 facilities comprising over 40,000 parking spaces and over 360 acres;

3. Thermal Chicago, district energy businesses that sell chilled water to approximately 100 corporate customers in the downtown Chicago area under long-term contracts;

4. Hawaii Gas, owns and operates the regulated synthetic natural gas production and distribution business in Hawaii and distributes and sells LPG through unregulated operations;

5. International-Matex Tank Terminals provides bulk liquid storage and handling services in North America through 8 terminals located on the East, West and Gulf Coasts, Great Lakes region and Quebec and Newfoundland, Canada. The largest terminal is located on the New York Harbor and on the Mississippi River near the Gulf of Mexico. IMTT stores and handles petroleum products, various chemicals and vegetable and animal oils.

DEPARTMENT RESPONSIBILITIES

IBF Finance undertakes the management and financial reporting for the Macquarie Group’s IB Funds business. The department has end-to-end responsibility for the financial affairs of IBF and their managed investment vehicles such as MIC. Responsibilities include transaction processing, management reporting, statutory and taxation reporting, cash forecasting, involvement in acquisitions, preparation of finance-related board papers including recommendations concerning distribution policy, cash management, and a variety of other operational finance responsibilities.

The New York IBF Finance department of approximately 10 people is organised into teams supporting each investment vehicle (reporting to the Fund CEO/CFO) as well as being responsible for IBF’s global management reporting. Offshore teams in Sydney, London, New York, Toronto and Seoul comprise around 80 people.

This role will focus on the MIC investment vehicle.

CLIENT CONTACT/ RELATIONSHIPS

·          Close interaction with staff of IBF Division

·          Interaction with asset management teams

·          Contact with external advisors, service providers, commercial counterparties and overseas offices

KEY RESPONSIBILITIES

The role involves the following responsibilities in relation to the Macquarie Infrastructure Company (MIC) Group:

·          Maintain the accounting records of multiple corporate entities including the preparation of journal entries, consolidated financial statements (balance sheet, income statement), account reconciliations and account analyses.

·          Preparation and posting of general ledger journal entries for assigned business units

·          Prepare account reconciliations and analysis schedules for both balance sheet and income statement items

·          Assist with the preparation of internal and external audit and Sarbanes Oxley requests

·          Provide support for preparation of SEC filings through review of documentation and preparation of notes to the financial statements

·          Maintenance of derivative accounting software and liaise with external consultants as required

·          Co-ordinate key payment processes, including distribution payments to shareholders, FX forward settlements and management fee process

·          Liaison with the finance teams of the assets to ensure timely provision of necessary information

·          Providing ad hoc accounting support to the business

·          Involvement in ad hoc projects across the division, such as improvements to PeopleSoft general ledger system

·          Train and supervise junior team members, including initial review of schedules and reconciliations prepared by junior staff

KEY SKILL REQUIREMENTS

Business Knowledge: Commercial experience including exposure to GAAP, consolidations, currency translation, and statutory reporting.

Leadership Skills: Willing to accept responsibility.

Interpersonal Skills: Able to interact with and influence all levels of staff, including senior management in both the IBF business and the Financial Division; able to build constructive relationships with external parties (e.g. asset finance teams, external auditors).

Client Orientation: Strong customer service ethic, subject to maintaining internal controls.

Technical Specialist Skills:

·          Hands on general accounting and financial reporting experience required

·          Experience with automated financial systems, including a general ledger

·          Good excel skills required

·          Able to recognise significant issues that arise from own work; accurately assess the impact of arising matters and formulate resolution/improvement processes.

·          Planning & Organization:

·          Actively take responsibility and ownership for issues impacting own tasks and demonstrate the ability to implement effective methods for resolutions with moderate supervision.

·          Ability to support other team’s members when situations arise to ensure the teams requirements and goals are met.

QUALIFICATIONS & BACKGROUND

·          Minimum of 5-8 years practical working experience in Accounting required, mix of public accounting and private sector accounting in a publicly-held company preferred

·          BS in Accounting required, CPA required

PERSONALITY CHARACTERISTICS

·          High level of energy, commitment and flexibility

·          Can resolve complex / technical issues in a practical manner

·          Good attention to detail

·          Sets high standards for self

·          Ability to prioritise tasks and maintain calm under pressure

·          Team player with communication and influencing skills

·          Ability to handle on-going change in business

·          Ability to re-assess / re-engineer work processes

·          Desire to follow tasks through to completion

·          Comfortable with tackling new concepts