Director of Derivative Accounting

3 weeks ago


Chesterfield, Derbyshire, United Kingdom RGA Full time
Director of Derivative Accounting

The Director of Derivative Accounting is a key role in our organization, responsible for researching, testing, and documenting hedge accounting under US GAAP and Statutory guidance. This involves investigating system capability, writing accounting specs and testing plans, assisting IT in implementation, conducting user acceptance testing, and delivering ready-to-use accounting solutions in Findur and other supporting systems.

Key Responsibilities:
  • Manage derivative accounting for qualified derivatives and achieve qualified hedge accounting on cash flow hedges, fair value hedges, and net investment in foreign operations.
  • Run hedge effectiveness testing for prospective and active qualified hedges.
  • Develop and own new analysis for qualified hedges.
  • Support risk committee reporting for derivatives.
  • Develop new tools and processes to support accounting needs, inclusive of derivative positions and their adjustments to other parts of the balance sheet or income statement.
Requirements:
  • Bachelor's Degree in Accounting/Finance or Business Administration or equivalent related work experience.
  • Independent Project Management or System Management Skills.
  • Highly motivated self-starter who takes great pride in hands-on problem-solving, testing results, and providing feedback to resolve immediate and strategic issues.
  • Strong ability to multi-task and effectively manage multiple tasks and projects, including the ability to re-prioritize tasks constantly based on the level of activity generated by the team and other associates.
  • Organized person capable of balancing multiple projects and shifting priorities.
About RGA:

RGA is a community of people driven by the same purpose: to make financial protection accessible to all. We offer a range of benefits, including career development opportunities, a hybrid work schedule, and a commitment to diversity, equity, and inclusion.



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