At a Glance
- Tasks: Prepare hedge memos, conduct effectiveness testing, and support client discussions.
- Company: Established financial advisory firm with a global presence and strong reputation.
- Benefits: Gain real client exposure, develop skills, and enhance your commercial acumen.
- Why this job: Join a dynamic team and make an impact in the financial markets.
- Qualifications: 2+ years in hedge accounting, IFRS knowledge, and Excel proficiency.
- Other info: Opportunities for professional growth and client interaction.
The predicted salary is between 40000 - 50000 £ per year.
About us Established for over 34 years, we offer expert advice and practical solutions to financial sponsors and their portfolio companies globally – with offices in New York, London, Madrid and Singapore. Our specialist skills and experience have helped our clients’ complete deals worth in excess of $185 billion.
Responsibilities include:
- Preparing and delivering Hedge Designation Memos in compliance with International Financial Reporting Standards (IFRS) and US GAAP, covering FX, interest rate, and commodity risks.
- Delivering hedge effectiveness testing (regression, hypothetical derivative, critical terms) and preparing compliant journal entries.
- Supporting clients in discussions with external auditors on valuations and derivative accounting.
- Contributing to business development and marketing of PMC’s hedge accounting services.
- Ensuring compliance with SOC 1 requirements and acting as a key contact for audits.
- Collaborating with developers and the Treasury team to enhance the web-based hedge accounting and valuation platform.
Qualifications:
- Part-Qualified candidates will have a minimum of 2+ years of experience in a hedge accounting role.
- IFRS 9 and ASC 815/820 basic understanding; any additional local GAAP is a bonus.
- Highly proficient at MS Excel and comfortable with large databases of information.
- Passion for derivative accounting and financial markets.
- Comfortable to deal with clients and external auditors with minimum supervision.
To support this, we provide exceptional exposure to real client work, enabling analysts to broaden their skillsets, develop strong commercial acumen, and build confidence in stakeholder management.
If there’s anything we can do in the recruitment process to help you achieve your best, get in touch.
Treasury and Accounting Specialist in London employer: PMC Treasury
Contact Detail:
PMC Treasury Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Treasury and Accounting Specialist in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance world, especially those who work in hedge accounting or related fields. A friendly chat can lead to insider info about job openings that aren't even advertised yet.
✨Tip Number 2
Prepare for interviews by brushing up on IFRS and US GAAP standards. We know these are crucial for the Treasury and Accounting Specialist role, so being able to discuss them confidently will set you apart from the competition.
✨Tip Number 3
Showcase your Excel skills! Create a portfolio of projects or analyses you've done using Excel, especially if they relate to hedge accounting. This will demonstrate your proficiency and passion for the field.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we love seeing candidates who take the initiative to connect directly with us.
We think you need these skills to ace Treasury and Accounting Specialist in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Treasury and Accounting Specialist role. Highlight your experience with hedge accounting, IFRS, and any relevant software skills. We want to see how your background fits with what we do!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about derivative accounting and how you can contribute to our team. Keep it concise but engaging – we love a good story!
Showcase Your Skills: Don’t forget to showcase your MS Excel proficiency and any experience with large databases. If you've worked on hedge effectiveness testing or client interactions, make sure to mention those too. We’re looking for someone who can hit the ground running!
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and get to know you better. Plus, it shows you’re keen on joining our team!
How to prepare for a job interview at PMC Treasury
✨Know Your Numbers
Brush up on your knowledge of IFRS 9 and ASC 815/820. Be ready to discuss how these standards apply to hedge accounting, as well as any local GAAP you might know. Showing that you understand the technical side will impress your interviewers.
✨Excel Like a Pro
Since proficiency in MS Excel is crucial for this role, make sure you can demonstrate your skills. Prepare to talk about specific functions or tools you've used in past roles, especially those related to large databases and financial analysis.
✨Client Interaction Skills
You’ll need to be comfortable dealing with clients and external auditors. Think of examples from your previous experience where you successfully managed client relationships or navigated challenging discussions. This will show you can handle the pressure.
✨Show Your Passion
Let your enthusiasm for derivative accounting and financial markets shine through. Share any relevant experiences or projects that sparked your interest in this field. A genuine passion can set you apart from other candidates.