Senior Manager, Hedge Accounting

Skills

About the Role

As the Senior Manager, Hedge Accounting, you will serve as the primary subject matter expert for hedge accounting under ASC 815 and IFRS 9, advising clients directly on FX and Interest Rate hedge programs. You will review and approve hedge documentation, designation memos, and effectiveness testing methodologies, and oversee quantitative and qualitative effectiveness assessments. You will lead audit support and engage directly with external auditors. You will mentor and develop Derivative Accounting team members, providing coaching and feedback that strengthens their technical depth. You will identify and implement process improvements across the hedge accounting lifecycle, build standardized workflows and templates, and leverage technology to increase accuracy and efficiency. You will act as the first-line escalation point for client inquiries, build trusted relationships with client treasury and finance leadership, and partner with Product, Implementation, and Customer Success teams to inform platform capabilities.

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 developing accounting team member expertise 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 FX derivative instruments (FX forwards, options, cross-currency swaps) and interest rate derivative instruments (interest rate swaps, caps, floors, collars)
• Demonstrated track record of designing and implementing process improvements
• Experience with hedge accounting platforms (Ripple Treasury, Chatham Financial, Reval, FIS Quantum, or comparable TMS) strongly preferred
• Ability to manage multiple client engagements simultaneously under tight deadlines
• Strong communication skills, making complex accounting conclusions accessible to non-technical audiences

Responsibilities

• Serve as the primary SME for hedge accounting under ASC 815 and IFRS 9, advising clients on FX and Interest Rate hedge programs
• Review and approve hedge documentation, designation memos, risk management objectives, and effectiveness testing methodologies
• Oversee quantitative and qualitative effectiveness assessments across FX and Interest Rate hedge relationships
• Guide clients through structuring new FX and Interest Rate hedging relationships to achieve qualification
• Translate FASB and IASB standard updates into clear, actionable impact summaries for clients and internal teams
• Lead audit support and direct engagement with external auditors on hedge accounting matters
• Mentor and develop Derivative Accounting team members through coaching, guidance, and feedback
• 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 drive continuous improvement
• Serve as the first-line escalation point for client inquiries, audit questions, and complex accounting positions
• Build trusted relationships with client treasury, accounting, and finance leadership
• Partner with Product, Implementation, and Customer Success teams to inform platform capabilities and service design

Benefits

• Competitive bonuses and equity
• Physical and mental healthcare coverage
• Retirement benefits
• Family forming and family support benefits
• Employee giving match
• Mobile phone stipend
• Professional development budget
• R&R days
• Wellness reimbursement and weekly onsite and virtual programming
• Generous vacation policy
• Parental leave policies
• Family planning benefits
• Catered lunches and fully-stocked kitchens