Senior Derivative Accountant
Ripple provides crypto and blockchain solutions for enterprises, enabling global financial entities to move, manage, and tokenize value. They focus on improving existing financial systems through partnerships and regulatory compliance, with products used in over 50 countries.
About Ripple
Ripple is an enterprise blockchain and crypto solutions company that aims to enable the world to move value as seamlessly as information moves today. Their mission is to build breakthrough crypto solutions for a world without economic borders. Using blockchain technology, Ripple facilitates global financial institutions, businesses, governments, and developers to move, manage, and tokenize value, thereby unlocking greater economic opportunity. The company works within existing financial systems to improve them, partnering with customers to streamline infrastructure and collaborating with regulators to ensure solutions are secure and compliant. Ripple's products are in commercial use by hundreds of customers across more than 50 countries, helping them expand into new markets, access liquidity solutions, and generate crypto-enabled revenue streams. They also support developers by providing tools for building on the XRP Ledger, a fast and sustainable public blockchain. Ripple’s payments, custody and stablecoin solutions empower financial institutions to integrate blockchain and digital assets into their business in a simple, secure, compliant way—all in one place. From instant payments to asset tokenization, blockchain and crypto are happening right now, across the world. It’s happening to suppliers, to retailers, to exchanges, to currencies, to sectors, to industries, to markets, and to global businesses. And it’s happening with Ripple.
Skills
About the Role
As a Senior Derivative Accountant, you'll serve as the subject matter expert on derivative instruments and hedging relationships across a portfolio of clients. You'll own the full technical accounting lifecycle under both ASC 815 and IFRS 9, including documentation, effectiveness testing, journal entries, and disclosures. You'll take ownership of client engagements end-to-end and communicate clearly with treasury and finance stakeholders at every level, tackling complex hedge accounting questions with confidence.
Requirements
- CPA required; advanced degree in Accounting or Finance a plus
- 5+ years of hands-on experience with derivative instruments and hedge accounting in public accounting, industry, or consulting environment
- Deep technical fluency in ASC 815 and IFRS 9, including practical hedge accounting elections and disclosure requirements
- Comfortable managing multiple client engagements simultaneously, precise, organized, and able to meet tight deadlines
- Strong communicator able to make complex accounting conclusions accessible to non-technical audiences
- Experience with hedge accounting platforms (Ripple Treasury, Chatham Financial, Reval, FIS Quantum, or similar) preferred
Responsibilities
- Own end-to-end derivative accounting for interest rate swaps, cross-currency swaps, FX forwards, options, and commodity derivatives across multiple client portfolios
- Prepare and review hedge documentation, designation memos, risk management objectives, and formal effectiveness testing under ASC 815 and IFRS 9
- Execute quantitative and qualitative effectiveness assessments (regression analysis, dollar-offset, hypothetical derivative method) on both a prospective and retrospective basis
- Prepare journal entries and financial statement disclosures related to hedging activities and answer client inquiries about deliverables
- Apply critical judgment on hedge accounting elections including fair value hedges, cash flow hedges, net investment hedges, and de-designation scenarios
- Advise clients on structuring new hedging relationships to achieve qualification and optimize effectiveness
- Translate new FASB and IASB guidance into clear, actionable impact summaries for clients and internal teams
- Lead audit support including preparation of work product and direct engagement with external auditors on derivative and hedge accounting matters
- Mentor junior team members and strengthen internal methodologies, templates, and technical guidance
Benefits
- Professional development budget
- Competitive benefits that cover physical and mental healthcare, retirement, family forming, and family support
- Employee giving match
- Mobile phone stipend
- R&R days so you can rest and recharge
- Generous wellness reimbursement and weekly onsite & virtual programming
- Generous vacation policy
- Industry-leading parental leave policies and family planning benefits
- Catered lunches, fully-stocked kitchens with premium snacks/beverages