Hedge Accounting Specialist for Complex Projects

18 hours ago


Ludvika, Dalarna, Sweden Hitachi Energy Denmark AS Full time

Job Overview

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

About the Role

  • 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
  • Prepare and present hedge accounting reports, disclosures, and reconciliations for financial statements
  • Ensure compliance with relevant regulations, including IFRS 9 and our 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


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