Treasury Accounting and Financial Instruments Lead
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Senior Recruitment Consultant - Corporate Treasury
I have recently been instructed on a brilliant role for a global manufacturing business. The role is responsible for complex hedge accounting and leading on everything IFRS 9 within the function.
The main responsibilities are:
* Hedge Accounting Application: Apply IFRS 9 hedge accounting principles to various hedging activities (fair value hedge and cash flow hedge). Ensure that hedge relationships are documented and maintained in compliance with the standard.
* Hedge Effectiveness Testing: Conduct regular assessments of hedge effectiveness. Ensure hedges meet the criteria for effectiveness under IFRS 9, with a focus on ensuring that hedging strategies are aligned with the company’s risk management objectives.
* Hedge Designation and Documentation: Draft and maintain hedge documentation in accordance with IFRS 9 standards, clearly defining the hedging relationships, the hedged items, the hedging instruments, and the risk management strategy. Ensure that hedge documentation is reviewed and updated as required.
* Financial Reporting: Prepare and review financial reports related to hedge accounting, including the treatment of hedging instruments and hedged items in the financial statements.
* Derivative Valuation and Accounting: Oversee the valuation of derivatives. Work with Treasury and Risk teams to ensure accurate valuations and risk assessments.
* Risk Management Collaboration: Work closely with risk management and treasury teams to identify and analyse financial risks (e.g., interest rate, currency, commodity price risks).
* Audit and Compliance Support: Support internal and external audits associated with financial instruments and hedge accounting.
To be considered, you must have:
* Experience: Minimum of 5 years of experience in financial accounting, with a strong focus on IFRS 9 hedge accounting, derivatives, and risk management. Experience working within a financial institution, corporate treasury, or with hedge accounting tools/software is highly desirable.
* Technical Expertise: Proficiency in understanding of IFRS 9 with specific expertise in financial instruments, derivatives and hedge accounting and its application.
* Communication Skills: Excellent written and verbal communication skills. Ability to explain complex hedge accounting concepts and issues clearly to non-technical stakeholders.
If you would like to be considered, then please apply with your CV!
Seniority level
Director
Employment type
Full-time
Job function
Accounting/Auditing
Industries
Manufacturing
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