At a Glance
- Tasks: Lead hedge accounting activities and collaborate with Treasury and Finance teams.
- Company: Top financial services organisation with a focus on innovation and teamwork.
- Benefits: Competitive salary, flexible working, and opportunities for professional growth.
- Other info: Dynamic role with excellent career advancement potential.
- Why this job: Be the expert in hedge accounting and make a real impact on financial strategies.
- Qualifications: Qualified accountant with strong hedge accounting experience and analytical skills.
The predicted salary is between 80000 - 86000 £ per year.
Hedge Accounting Manager, Banking, City, £80,000 - £86,000 , 2 days in office
A leading financial services organisation is seeking an experienced Hedge Accounting Manager to join its Treasury Finance team.
This is a high-profile role that will act as the organisation's subject matter expert for hedge accounting, partnering closely with Treasury, Finance and senior stakeholders to ensure a robust and well-controlled hedge accounting framework.
This is an excellent opportunity for a technically strong qualified accountant who enjoys combining complex accounting expertise with commercial stakeholder engagement and strategic project work.
The Opportunity
Reporting into the Head of Product Control & Hedge Accounting, you will take ownership of hedge accounting activities across the business, helping to support Treasury's risk management objectives while minimising unnecessary P&L volatility.
You will play a pivotal role in maintaining hedge documentation, overseeing effectiveness testing, supporting regulatory and financial reporting, and acting as a key contact for auditors and senior management.
- Hedge Accounting & Technical Leadership
- Manage hedge accounting designations, documentation and effectiveness testing under IAS 39 and IFRS 9.
- Review and monitor treasury hedging instruments, ensuring accurate accounting treatment and reporting.
- Provide technical advice on complex accounting matters and new hedging strategies.
- Analyse and explain hedge accounting results, P&L movements and balance sheet impacts to senior stakeholders.
- Perform and review derivative-related balance sheet reconciliations.
- Take ownership of hedge accounting and derivative disclosures within the financial statements.
- Drive process enhancements and identify opportunities to improve controls, reporting and operational efficiency.
- Build strong relationships across Treasury Front Office, Finance, Product Control and wider business teams.
- Act as the primary contact for external auditors on hedge accounting matters.
- Present technical accounting outcomes and recommendations clearly to senior management.
About You
To be successful in this role, you will bring
- ACA, ACCA or equivalent accounting qualification.
- Strong hands-on hedge accounting experience within a banking, treasury or financial services environment.
- In-depth knowledge of IAS 39 and IFRS 9 hedge accounting requirements.
- Good understanding of Treasury products, interest rate risk and FX risk management.
- Experience working with senior stakeholders across Finance and Treasury functions.
- Strong analytical and problem-solving skills with excellent attention to detail.
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Hedge Accountant employer: Trace | Expert Accountancy & Finance Recruitment
Join a well-established manufacturing business in West London as a Fractional Finance Director, where you will play a pivotal role in driving financial leadership and meaningful change. With a collaborative work culture and a focus on employee growth, this position offers the chance to make a tangible impact while working closely with senior leadership. Enjoy the benefits of a hands-on role in a supportive environment, with convenient on-site parking and the opportunity to shape the finance function during a critical period of development.
Contact Details:
Trace | Expert Accountancy & Finance Recruitment Recruitment Team
