Job description

Job Overview: The Senior Hedge Accountant is responsible for supporting the Company's global foreign exchange risk management program, executing and administering hedging strategies, monitoring currency exposures, and ensuring compliance with treasury policies and accounting requirements. The role partners closely with business units, accounting, FP&A, tax, and regional finance teams to identify, quantify, manage, and report foreign exchange risks. The position plays a critical role in protecting the organization from adverse currency movements through the use of financial derivatives and natural hedging strategies while supporting cash flow forecasting, hedge accounting, and treasury technology initiatives. Key Tasks and Responsibilities: • Manage all hedge accounting activities for cash flow hedges, fair value hedges, and net investment hedges • Prepare and maintain hedge designation documentation and effectiveness testing • Ensure compliance with ASC 815 and company accounting policies • Record monthly and quarterly hedge accounting journal entries • Prepare hedge-related disclosures for financial statements and SEC filings • Maintain supporting documentation for internal and external audits • Review FX forwards, swaps, options, interest rate swaps, and commodity hedges • Provide accounting guidance on proposed hedging strategies • Analyze the accounting implications of new treasury products and risk management initiatives Controls & Compliance • Develop and maintain SOX-compliant controls over derivative accounting processes • Coordinate with Internal Audit and external auditors • Ensure timely completion of reconciliations and control activities • Monitor changes in accounting standards and regulatory requirements Analysis & Reporting • Produce monthly hedge accounting reports and variance analyses • Explain OCI, hedge ineffectiveness, and earnings impacts to management • Support forecasting of hedge-related P&L and balance sheet impacts • Assist with quarter-end and year-end close processes System & Process Improvement • Maintain hedge accounting systems and treasury management platforms • Support implementation of Treasury Management Systems (TMS) and ERP enhancements • Drive automation and process efficiency initiatives • Develop standardized procedures and documentation Essential Qualifications and Education: Education • Bachelor’s degree in accounting, Finance, or related field • CPA preferred • MBA, CFA, or CTP is a plus Experience • 5+ years of accounting, treasury accounting, or hedge accounting experience • Strong knowledge of ASC 815 and/or IFRS 9 • Experience with derivative instruments such as: o FX forwards and options o Interest rate swaps o Commodity hedges o Cross-currency swaps • Experience supporting external audits • Experience with ERP and Treasury Management Systems (e.g., SAP, Oracle, Quantum, Kyriba) Technical Skills • Advanced Excel skills • Strong financial reporting capabilities • Knowledge of Treasury and risk management operations • Ability to interpret complex accounting guidance #LI-CA1 #LI-DNI The Senior Hedge Accountant applies in-depth knowledge, experience, and best practices in the area of treasury. They are responsible for solving complex treasury problems and work independently with minimal guidance.

Requirements

Must-haves

Manage all hedge accounting activities for cash flow hedges, fair value hedges, and net investment hedges
Prepare and maintain hedge designation documentation and effectiveness testing
Ensure compliance with ASC 815 and company accounting policies
Record monthly and quarterly hedge accounting journal entries
Prepare hedge-related disclosures for financial statements and SEC filings
Maintain supporting documentation for internal and external audits
Review FX forwards, swaps, options, interest rate swaps, and commodity hedges
Provide accounting guidance on proposed hedging strategies
Analyze the accounting implications of new treasury products and risk management initiatives
Controls & Compliance
Develop and maintain SOX-compliant controls over derivative accounting processes
Coordinate with Internal Audit and external auditors
Ensure timely completion of reconciliations and control activities
Monitor changes in accounting standards and regulatory requirements
Analysis & Reporting
Produce monthly hedge accounting reports and variance analyses
Explain OCI, hedge ineffectiveness, and earnings impacts to management
Support forecasting of hedge-related P&L and balance sheet impacts
Assist with quarter-end and year-end close processes
System & Process Improvement
Maintain hedge accounting systems and treasury management platforms
Support implementation of Treasury Management Systems (TMS) and ERP enhancements

Nice-to-haves

CPA preferred
MBA, CFA, or CTP is a plus

Application prep

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Platform: oracle-cloud
Effort: medium