Compliance Accountant for Complex Transactions

3 days ago


Ludvika, Dalarna, Sweden Hitachi Energy Denmark AS Full time

Accounting and Financial Risk Management

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We're seeking a highly skilled accounting and financial risk management professional 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

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  • 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">
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Desirable Qualifications

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  • 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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