Financial Instruments Lead, Pan EU

Financial Instruments Lead, Pan EU

Cowley Full-Time 43200 - 72000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Lead the application of IFRS 9 and manage hedge accounting for financial instruments.
  • Company: Join Coca-Cola Europacific Partners, a global leader in consumer goods with 42,000 dedicated team members.
  • Benefits: Enjoy a dynamic work environment with opportunities for growth and innovation.
  • Why this job: Be part of a diverse team making an impact in the beverage industry while developing your financial expertise.
  • Qualifications: 5+ years in financial accounting with a focus on IFRS 9; relevant degree and certifications preferred.
  • Other info: We value diversity and welcome unique perspectives to drive our future growth.

The predicted salary is between 43200 - 72000 £ per year.

We are seeking an experienced professional with an in-depth understanding of IFRS 9 – Financial Instruments – to join our dynamic team. This role will be responsible for the application of IFRS 9, including classification and measurement of financial assets and liabilities, as well as the application of hedge accounting. This role requires strong analytical skills, as well as the ability to collaborate across various functions including Treasury, Financial Risk Management and R2R.

What to Expect:

  • Hedge Accounting Application: Apply IFRS 9 hedge accounting principles to various hedging activities (fair value hedge and cash flow hedge). Ensure that hedge relationships are documented and maintained in compliance with the standard.
  • Hedge Effectiveness Testing: Conduct regular assessments of hedge effectiveness. Ensure hedges meet the criteria for effectiveness under IFRS 9, with a focus on ensuring that hedging strategies are aligned with the company’s risk management objectives.
  • Hedge Designation and Documentation: Draft and maintain hedge documentation in accordance with IFRS 9 standards, clearly defining the hedging relationships, the hedged items, the hedging instruments, and the risk management strategy. Ensure that hedge documentation is reviewed and updated as required.
  • Financial Reporting: Prepare and review financial reports related to hedge accounting, including the treatment of hedging instruments and hedged items in the financial statements.
  • Derivative Valuation and Accounting: Oversee the valuation of derivatives. Work with Treasury and Risk teams to ensure accurate valuations and risk assessments.
  • Risk Management Collaboration: Work closely with risk management and treasury teams to identify and analyse financial risks (e.g., interest rate, currency, commodity price risks).
  • Audit and Compliance Support: Support internal and external audits associated with financial instruments and hedge accounting.

Skills and Essentials:

  • Experience: Minimum of 5 years of experience in financial accounting, with a strong focus on IFRS 9 hedge accounting, derivatives, and risk management. Experience working within a financial institution, corporate treasury, or with hedge accounting tools/software is highly desirable.
  • Technical Expertise: Proficiency in understanding of IFRS 9 with specific expertise in financial instruments, derivatives and hedge accounting and its application.
  • Communication Skills: Excellent written and verbal communication skills. Ability to explain complex hedge accounting concepts and issues clearly to non-technical stakeholders.
  • Qualifications: Education: Bachelor’s degree in Accounting, Finance, or related field. Professional certifications such as ACCA, CPA, or FRM (Financial Risk Manager) are a plus.

Please apply with a copy of your CV in English and we look forward to your application!

Financial Instruments Lead, Pan EU employer: Coca-Cola Europacific Partners

Coca-Cola Europacific Partners (CCEP) is an exceptional employer, offering a vibrant work culture that values diversity and innovation. With a commitment to employee growth, we provide ample opportunities for professional development and collaboration across various functions, ensuring that our team members thrive in their careers. Located in a dynamic environment, CCEP not only serves as a leader in the consumer goods industry but also fosters a supportive atmosphere where every individual can contribute to our mission of delighting millions with our beloved drinks.
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Contact Detail:

Coca-Cola Europacific Partners Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Financial Instruments Lead, Pan EU

✨Tip Number 1

Familiarise yourself with the latest updates and interpretations of IFRS 9. Being well-versed in the nuances of hedge accounting will not only boost your confidence but also demonstrate your commitment to staying current in the field.

✨Tip Number 2

Network with professionals in the financial sector, especially those who work in treasury or risk management. Engaging in conversations about their experiences can provide valuable insights and may even lead to referrals for the position.

✨Tip Number 3

Prepare to discuss specific examples of how you've applied hedge accounting principles in past roles. Highlighting your practical experience will help you stand out during interviews and show that you can hit the ground running.

✨Tip Number 4

Research Coca-Cola Europacific Partners' recent financial reports and any news related to their risk management strategies. This knowledge will allow you to tailor your discussions and demonstrate your genuine interest in the company during the interview process.

We think you need these skills to ace Financial Instruments Lead, Pan EU

IFRS 9 Expertise
Hedge Accounting Application
Hedge Effectiveness Testing
Hedge Designation and Documentation
Financial Reporting
Derivative Valuation and Accounting
Risk Management Collaboration
Analytical Skills
Communication Skills
Attention to Detail
Experience with Hedge Accounting Tools/Software
Understanding of Financial Instruments
Collaboration Skills
Audit and Compliance Support

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights your experience with IFRS 9, hedge accounting, and financial instruments. Use specific examples from your past roles that demonstrate your analytical skills and collaboration with teams like Treasury and Financial Risk Management.

Craft a Strong Cover Letter: In your cover letter, express your enthusiasm for the role at Coca-Cola Europacific Partners. Discuss how your background aligns with their needs, particularly your experience in hedge accounting and risk management. Be sure to mention any relevant certifications you hold.

Showcase Communication Skills: Since excellent communication skills are essential for this role, consider including a brief section in your application that illustrates your ability to explain complex concepts clearly. You might reference a time when you successfully communicated technical information to non-technical stakeholders.

Highlight Relevant Experience: Ensure that your application clearly outlines your minimum of 5 years of experience in financial accounting, specifically focusing on hedge accounting and derivatives. Mention any experience you have working within a financial institution or using hedge accounting tools/software.

How to prepare for a job interview at Coca-Cola Europacific Partners

✨Master IFRS 9 Concepts

Make sure you have a solid understanding of IFRS 9, especially regarding hedge accounting. Be prepared to discuss how you have applied these principles in your previous roles, and be ready to explain complex concepts in simple terms.

✨Showcase Analytical Skills

Highlight your analytical skills by discussing specific examples where you've conducted hedge effectiveness testing or managed financial risks. Use metrics or outcomes to demonstrate your impact in previous positions.

✨Prepare for Technical Questions

Expect technical questions related to derivative valuation and financial reporting. Brush up on the latest standards and be ready to discuss how you would approach various scenarios involving financial instruments.

✨Emphasise Collaboration Experience

Since this role requires collaboration with Treasury and Risk Management teams, share examples of how you've successfully worked across functions. Highlight your communication skills and ability to convey complex information to non-technical stakeholders.

Financial Instruments Lead, Pan EU
Coca-Cola Europacific Partners
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