Senior Hedge Accounting Specialist

3 days ago


Ludvika, Dalarna, Sweden Hitachi Energy Denmark AS Full time

About Us

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Hitachi Energy is a leading provider of energy solutions, and we're looking for talented professionals like you to join our team.

The Role

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We're seeking a senior hedge accounting specialist to support our established hedge accounting practices. You'll be responsible for ensuring compliance with accounting standards and driving improvements to our hedge accounting processes.

Your Responsibilities

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  • Document and assess hedge relationships and effectiveness">
  • Record and monitor hedging transactions in S4 HANA and report accurately">
  • Evaluate financial risks related to foreign exchange for large, complex projects">
  • Present hedge accounting reports, disclosures, and reconciliations for financial statements">
  • Ensure compliance with 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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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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Benefits

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  • Collective agreement">
  • Flexible working time">
  • Health care and wellness allowance">
  • Career growth opportunities within Hitachi Energy">
  • Mentorship and training programs">
  • Diverse and inclusive work environment">
  • Competitive salary and benefits package">

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