Senior Hedge Accounting & Derivatives Lead (Remote)

Huntington; Columbus (OH); Hybrid; USD 115,000 - 180,000; Full time

Benefits offered by this job

Flexible work arrangement

Job summary

Huntington in Columbus, OH is seeking a Corporate Accounting Manager-Sr to support Accounting Policy and Treasury Controller in hedge accounting portfolio implementation, execution, and reporting. You will interact with senior management across Corporate Treasury and the Accounting Policy function to ensure proper controls and governance.

The role focuses on overseeing hedge accounting processes, conducting correlation testing, and coordinating with external auditors on documentation, with

Qualifications

• Bachelor's degree in finance or accounting.
• CPA or CFA certification required.
• Minimum 7 years of accounting experience with capital markets and hedge accounting.
• Experience with derivative valuation and market impacts.
• Experience with public accounting firms and financial institutions preferred.

Responsibilities

• Provide oversight to all aspects of the hedge accounting process from valuation, correlation testing, internal controls and governance, accounting and external reporting.
• Assist with hedge accounting research and advise internal constituencies on potential accounting and reporting implications for new and existing hedge accounting relationships.
• Assist with required prospective and retrospective hedge correlation testing on a timely basis.
• Review required hedge accounting documentation and facilitate review with external auditors.
• Prepare and analyze weekly, monthly and quarterly hedge accounting results.
• Provide oversight to the month-end reconciliation and close processes for derivatives, escalating and resolving issues with senior management as necessary.
• Initiate process re-engineering, improve efficiency, and work to improve IT solutions.
• Ad hoc projects may be assigned and may involve advising with Corporate Treasury, Corporate Risk, IT and other groups within the Bank.

Skills

Hedge accounting

Derivative valuation

Correlation testing

Internal controls

Communication

Project management

Education

Bachelor's degree in Finance or Accounting

CPA or CFA

Tools

Bloomberg Finance

Microsoft Office

Excel

Word

Job description

Huntington in Columbus, OH is seeking a Corporate Accounting Manager-Sr to support Accounting Policy and Treasury Controller in hedge accounting portfolio implementation, execution, and reporting. You will interact with senior management across Corporate Treasury and the Accounting Policy function to ensure proper controls and governance.

The role focuses on overseeing hedge accounting processes, conducting correlation testing, and coordinating with external auditors on documentation, with