Financial Risk Manager for Complex Transactions
12 hours ago
About the Job
We are looking for a highly skilled Financial Risk Manager for Complex Transactions to join our team at Hitachi Energy. As a key member of our finance team, you will be responsible for managing and reporting derivative transactions, ensuring accurate hedge effectiveness testing and maintaining alignment with IFRS 9 requirements.
You will work closely with corporate controlling, the business, treasury and IT to establish and implement a fit-for-purpose approach to hedge accounting. This includes ensuring accurate documentation of hedge relationships and assessing hedge effectiveness, as well as collaborating with the treasury team to evaluate financial risks related to foreign exchange for large, complex projects.
Your Key Responsibilities
- Manage and report derivative transactions, including assessing hedge effectiveness and documenting hedge relationships
- Collaborate with the treasury team to 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 the support of IT, to improve efficiency and accuracy
- Work with project controllers on large, long duration and complex projects to effectively hedge risk exposure
About You
- 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
- In-depth understanding of IFRS 9 or similar hedge accounting standards. In-depth knowledge of other IFRS standards is strongly preferred
- 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 are an advantage)
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