Hedge Accounting Specialist for Complex Transactions

4 days ago


Ludvika, Dalarna, Sweden Hitachi Energy, Ludvika Full time

Job Overview

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  • We are seeking a detail-oriented, experienced Hedge Accountant to support establishing and managing hedge accounting practices.
  • The ideal candidate will ensure compliance with accounting standards and drive improvements to our hedge accounting processes.

About the Role

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  • You will play a critical role in managing and reporting derivative transactions, ensuring accurate hedge effectiveness testing and maintaining alignment with IFRS 9 requirements.
  • To help establish and implement a fit-for-purpose approach to hedge accounting, you will be collaborating with corporate controlling, the business, treasury, and IT.

Key Responsibilities

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  • Ensure accurate documentation of hedge relationships and assess hedge effectiveness.
  • Record and monitor hedging transactions in S4 HANA and ensure proper reporting in our consolidation tool.
  • Collaborate with the treasury team to evaluate financial risks related to foreign exchange for large, complex projects.

Requirements

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  • Bachelor's degree in accounting, Economics, and/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.


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