Hedge Accounting Specialist

TechnipFMC; Rio de Janeiro; Presencial; BRL 120.000 - 160.000; Tempo integral

Resumo da oferta

A financial services company in Rio de Janeiro is seeking a highly analytical Hedge Accounting Specialist to manage the end-to-end process of hedge accounting. The role involves monitoring derivative transactions, preparing OCI entries, and conducting analysis on risk management. The ideal candidate will hold a Bachelor's degree in Accounting or Finance and have experience with financial systems like SAP or Oracle. This position promises a dynamic work environment and competitive compensation.

Qualificações

• Experience in hedge accounting, financial reporting, or treasury operations.
• Strong understanding of derivative instruments and financial risk management.
• In-depth knowledge of hedge accounting under ASC 815 and/or IFRS 9.

Responsabilidades

• Monitor, account for, and analyze all derivative transactions.
• Prepare and review OCI entries related to hedge accounting.
• Analyze and allocate hedge costs between business units.
• Perform in-depth analysis on spot vs. forward points movements.
• Calculate and explain changes in the fair value of derivative positions.
• Execute prospective and retrospective effectiveness tests.
• Work closely with Treasury, FP&A, and external auditors.
• Ensure adherence to internal controls and compliance.
• Conduct detailed Foreign Exchange variance analysis.

Conhecimentos

Communication

Analytical Skills

Risk Management

Formação académica

Bachelor's degree in Accounting, Finance, or Economics

MBA

Ferramentas

Excel

SAP

Oracle

Kyriba

Descrição da oferta de emprego

Overview

We are seeking a highly analytical and detail-oriented Hedge Accounting Specialist to join our finance team. The successful candidate will be responsible for the end-to-end process of hedge accounting, including derivative instruments analysis, hedge effectiveness assessments, and accounting under ASC 815 (or IFRS 9, as applicable).

Responsibilities

• Derivative Instruments Accounting & Analysis: Monitor, account for, and analyze all derivative transactions including forwards, swaps, options, and futures. Ensure proper classification and valuation in accordance with hedge accounting standards.
• OCI (Other Comprehensive Income) Analysis: Prepare and review OCI entries related to hedge accounting. Analyze fluctuations and report impacts on financial statements.
• Hedge Cost Allocation: Analyze and allocate hedge costs between business units or cost centers. Track cost of hedging strategies (e.g., forward points, option premiums) and ensure correct accounting treatment.
• Spot and Forward Points Rate Analysis: Perform in-depth analysis on spot vs. forward points movements and their impact on hedging relationships and financial results.
• Mark-to-Market (MTM) Analysis: Calculate and explain changes in the fair value of derivative positions. Work with valuation models and external pricing sources.
• Hedge Effectiveness Testing & Documentation: Execute prospective and retrospective effectiveness tests (qualitative and/or quantitative). Maintain comprehensive documentation for audit and compliance purposes.
• Collaboration & Reporting: Work closely with Treasury, FP&A, and external auditors to ensure the accuracy and transparency of hedge accounting results. Prepare reports and dashboards as needed for internal stakeholders.
• Compliance & Controls: Ensure adherence to internal controls and compliance with accounting standards such as ASC 815 or IFRS 9. Support external and internal audits as required.
• FX Analysis: Conduct detailed Foreign Exchange variance analysis to identify and explain deviations in currency conversion impacts across global transactions enabling data-driven insights.

You are meant for this job if

• Bachelor's degree in Accounting, Finance, or Economics (MBA is a plus)
• Experience in hedge accounting, financial reporting, or treasury operations
• Strong understanding of derivative instruments and financial risk management
• In-depth knowledge of hedge accounting under ASC 815 and/or IFRS 9
• Proficient in Excel and financial systems (e.g., SAP, Oracle, Kyriba, or similar treasury systems)
• Skills: Communication, Analytical Skills, Risk Management