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Hedge Accounting Specialist for Complex Transactions
4 days ago
Job Overview
">- 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
">- 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
">- 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
">- 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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