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Large Project Finance Professional
3 days ago
Hedge Accounting Specialist Job Description
">We're seeking a qualified hedge accounting specialist to join our team at Hitachi Energy. As a hedge accounting specialist, you'll play a critical role in establishing and managing our hedge accounting practices.
Your Key Responsibilities
">- ">
- Manage and document hedge relationships and assess their effectiveness">
- Record and monitor hedging transactions in S4 HANA and ensure proper reporting">
- Evaluate financial risks related to foreign exchange for large, complex projects">
- Prepare and present hedge accounting reports, disclosures, and reconciliations for financial statements">
- Ensure compliance with relevant regulations, including IFRS 9 and Hitachi Energy reporting requirements">
- Liaise with external auditors during audits and respond to inquiries">
- Provide insights and recommendations to management and project controllers on improving hedging effectiveness">
- Enhance hedge accounting processes and systems, with IT support, to improve efficiency and accuracy">
- Work with project controllers on large, long duration and complex projects to effectively hedge risk exposure">
Required Qualifications
">- ">
- Bachelor's degree in accounting, economics, or business administration">
- Minimum 5 years of experience in hedge accounting, financial risk management, and/or treasury functions">
- Strong knowledge of financial derivatives and hedging strategies">
- In-depth understanding of IFRS 9 or similar hedge accounting standards">
- Proficiency in financial software (e.g., SAP or specialized hedge accounting tools)">
- Strong analytical, problem-solving, and organizational skills">
- Excellent communication and interpersonal skills to interact with stakeholders">
- Fluency in written and spoken English (other languages an advantage)">
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