Who you are
- Experience: 7+ years of hands-on experience in global financial consolidation, FX accounting, and treasury management. Proven background managing subsidiaries from multiple parts of the world to consolidate, handling complex multi-currency products, and overseeing a comprehensive portfolio of derivatives within a multinational fintech, financial institution, or Big 4 environment
- Technical Mastery: Deep technical knowledge of IFRS, specifically IAS 21 (Effects of Changes in Foreign Exchange Rates) and IFRS 9 (Financial Instruments & Hedge Accounting)
- Systems Proficiency: Strong hands-on experience with ERP (NetSuite) and Treasury Management Systems (TMS)
- Project & Change Leadership: Proven ability to manage complex multi-currency accounting processes or lead system change management initiatives
- Credentials: Bachelor's degree in Finance or Accounting; ACCA, ACA, CPA, CTP, or PMP designation preferred
- Flexible Engagement: Open to Permanent Full-Time or Interim/Contract
What the job involves
- We are seeking an experienced Senior Manager of Financial Consolidation & FX Risk to lead internal multi-currency consolidations, foreign currency accounting (CTA), and treasury FX strategies
- You will manage complex close operations across legal entities and subsidiaries in multiple parts of the world while hedging and accounting for a broad portfolio of derivatives that back our multi-currency products
- We are open to hiring either a permanent team member to drive long-term function capability or an interim contractor to lead dedicated process improvement and transformation initiatives
- CTA & FX Accounting Frameworks: Direct global foreign currency translation (CTA), remeasurement, and intercompany accounting across international legal entities in full compliance with IFRS (IAS 21)
- Global Consolidations: Lead complex multi-currency monthly close operations for subsidiaries across multiple parts of the world, driving intercompany eliminations, equity reconciliations, and CTA movement roll-forwards
- Treasury & FX Risk Strategy: Partner with Treasury to design, execute, and monitor balance sheet and cash flow hedging strategies across an extensive portfolio of derivatives (forwards, swaps, options) to safeguard our multi-currency products under IFRS 9
- Systems Integration & PM: Drive finance and treasury transformation initiatives, including ERP (NetSuite) and Treasury Management System (TMS) enhancements to automate FX exposure tracking and valuation gains/losses
- Intercompany & Capital Structure: Advise on international intercompany financing, net investment hedging strategies, and settlement timing to eliminate P&L volatility
- Executive Reporting: Deliver insightful foreign exchange analyses and project updates to board members, audit committees, and executive leadership teams
Work Arrangement
- Location: London
- 4 days a week in office
- Level: Senior and Expert level
Compensation
- Salary not provided
- Annual discretionary bonus
- Salary benchmark: £50k-£130k for Finance Operations Expert/Senior roles
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Interim Senior Manager of Financial Consolidation & Foreign Exchange Risk employer: Go Fractional
At Cambridge Spark, we pride ourselves on being an exceptional employer that values autonomy and expertise. As a Fractional CISO, you will enjoy the flexibility of remote work while contributing to a dynamic security strategy for our clients. Our culture fosters professional growth through independent advisory roles, ensuring you have the opportunity to make a significant impact in a supportive environment focused on delivering high-quality outcomes.
