Hedge Accountant & Reporting Manager recruitment

Ideally you will be an accountant with demonstrable experience of Hedge accounting either gained from an accounting practice with exposure to client projects and secondments or you will already be working in a finance role that has responsibility for Hedge Accounting.

Requirements

To be selected as the new Hedge Accountant Reporting Manager you will offer strong derivative and hedge accounting knowledge combined with excellent client management skills and demonstrable teamwork skills.

Responsibilities 

• Be the subject matter expert on hedge accounting requirements and take responsibility for ensuring the correct and desired accounting treatment for all derivative trades to be executed by Investment Treasury is understood clearly prior to any trade being implemented.

• To manage and deliver the necessary process, evidence documentation and tests to enable the appropriate hedge accounting treatment to be claimed and maintained for derivatives executed.

• Be responsible for managing the ongoing use and coordination of any externally provided software package used to support hedge accounting effectiveness. (NB It is planned to identify and source a suitable package over the next 12 months and in the interim use the current group hedging programmes via a transition agreement).

• Manage the complete and timely flow of derivative data and reports between the Blackrock system/hedge effectiveness software package and current business accounting ledgers.

• Prepare ad hoc sensitivity analysis as required to understand quantum of potential volatility impacting PL from un-hedged positions.

• Coordinate the preparation and timely delivery of all regular weekly and monthly management reporting packs prepared by Investment Treasury. 

• Liaise with Decision Support to ensure key messages within Investment Treasury reporting are understood correctly and extracts taken from reports for insertion into other reporting channels are shown accurately and with the right context.

• Lead the delivery of all requests for information on Investment Treasury activities from (1) regulatory bodies, (2) rating agencies, and (3) the investor relations function.

• To be responsible for understanding and applying the company risk framework in so far as it impacts on the job holder’s areas of responsibility.

To apply for this outstanding Hedge Accounting Reporting Manager role, please forward your Curriculum Vitae to Andrew Clark, quoting reference ACK1604050 at andrew.clark@robertwalters.com