Hedge Accounting Analyst

3 weeks ago


Greater London, United Kingdom Roka Search Full time

Qualified Accountant - Hedge Accounting


Company: Global Bank

Location: City of London with Hybrid working

Salary: c.£70,000 + Strong Benefits and Bonus


Key Words: Fair value hedges, Fair value accounting, cash flow hedges, net investment hedges, Treasury, Interest Rate Swaps


Overview


My client is a leading Global Bank with an exciting new opportunity for a Qualified Accountant to join their Finance team and develop expertise in Hedge Accounting .


This position provides an avenue to explore the intricacies of major Bank Financial Reporting, fostering proficiency in Hedge Accounting, and creating a center of excellence for the region.


Your role will involve becoming a specialist in this domain, making substantial contributions to financial reports within a complex, multifaceted global enterprise.


Here's what you'll do:

  • Analyse and account for hedge accounting activities in accordance with global accounting standards (FRS, IFRS, etc.).
  • Prepare and maintain hedge accounting documentation to ensure accuracy and compliance.
  • Work collaboratively with traders, portfolio managers, and risk management to develop and implement effective hedge accounting strategies.
  • Stay up-to-date on the latest accounting pronouncements and regulatory changes in hedge accountinge financial data, explain business performance and identify growth opportunities.
  • Produce timely and accurate financial reports for a range of legal entities.
  • Manage complex financial processes and ensure compliance with accounting standards.


Your Background:

  • Qualified Accountant with experience in a banking environment.
  • Strong technical skills in financial reporting and accounting principles.
  • Understanding of legal entity structures and regulations.
  • Excellent communication and collaboration abilities.
  • Able to understand new and existing Account Standards and to interpret the impact they will have on the banking group’s entities.


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