Senior Manager, Hedge Accounting
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
You will lead the team that delivers technical hedge accounting excellence across the managed services client portfolio. You'll be the subject matter expert that clients, auditors, and colleagues turn to on the most complex ASC 815 and IFRS 9 questions, and the manager who sets the standard the team grows into. You'll own the quality and integrity of every hedge accounting deliverable produced, from hedge documentation and effectiveness testing through journal entries, disclosures, and audit support. You'll develop the Derivative Accountants and the broader team, and drive the process discipline that makes the practice scalable by building the workflows, templates, and operational habits that let the team do exceptional work efficiently, quarter after quarter. This role suits a leader who combines deep technical authority with a builder's mindset.
Requirements
- CPA required; advanced degree in Accounting or Finance a plus
- 10+ years of progressive accounting experience, with at least 7 years focused on derivative instruments and hedge accounting under ASC 815 and IFRS 9
- Proven experience managing and developing accounting teams in public accounting, managed services, or corporate finance
- Deep technical fluency in ASC 815 and IFRS 9, including hedge accounting elections, effectiveness testing methodologies, and disclosure requirements
- Strong understanding of derivative instruments across asset classes: interest rate swaps, cross-currency swaps, FX forwards, options, and commodity derivatives
- Demonstrated track record of designing and implementing process improvements
- Experience with hedge accounting platforms such as Ripple Treasury, Chatham Financial, Reval, FIS Quantum, or comparable TMS strongly preferred
- Comfortable managing multiple client engagements simultaneously
- Strong communication skills for making complex accounting conclusions accessible to non-technical audiences
Responsibilities
- Serve as the company's primary SME for hedge accounting under ASC 815 and IFRS 9
- Provide authoritative technical guidance on fair value hedges, cash flow hedges, net investment hedges, de-designation scenarios, and disclosure requirements
- Review and approve hedge documentation, designation memos, risk management objectives, and effectiveness testing methodologies
- Oversee quantitative and qualitative effectiveness assessments including regression analysis, dollar-offset, and hypothetical derivative method
- Guide clients through structuring new hedging relationships to achieve qualification and optimize accounting outcomes
- Translate FASB and IASB standard updates into actionable impact summaries for clients and internal teams
- Lead audit support at the Director level and engage directly with external auditors on complex hedge accounting matters
- Manage, mentor, and develop the derivative accounting team
- Set performance expectations, provide coaching, and deliver feedback to accelerate career growth
- Own resource planning across client engagements to balance workload and maintain quality
- Build a team culture grounded in technical rigor, accountability, and continuous improvement
- Identify and implement process improvements across the hedge accounting lifecycle
- Develop, document, and maintain standardized workflows, templates, and close checklists
- Evaluate and leverage technology solutions to increase accuracy and reduce manual effort
- Establish and track team KPIs for delivery quality, timeliness, and client satisfaction
- Lead retrospectives after each close cycle to capture learnings and drive changes
- Serve as the senior escalation point for client inquiries, audit questions, and complex accounting positions
- Build trusted relationships with client treasury, accounting, and finance leadership
- Partner with product, technology, and client success teams to inform platform capabilities and service design
Benefits
- Professional development budget
- Bonuses and equity
- Competitive benefits covering physical and mental healthcare, retirement, family forming, and family support
- Employee giving match
- Mobile phone stipend
- R&R days
- 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