My client is looking to hire two VP level & one AVP level finance analyst to take ownership of volatility management in Group Treasury. The role requires banking transactions to be accounted for in the optimal way under IFRS to minimise income statement and equity volatility. The ideal candidate will have an in-depth knowledge of banking products and their impact on banking volatility. Good understanding of IFRS reporting and IAS 39, especially hedge accounting rules and application is essential. Job Duties: - Ensure that banking transactions are accounted for in the optimal way under IFRS to minimise income statement and equity volatility. - Role requires an in-depth knowledge of banking products and their impact on banking volatility. - Responsible for the identification, documentation, testing and accounting for bespoke micro hedge accounting packages and also for the management of the macro cash flow and the macro fair value models. - Play a key role in developing both existing processes and the control environment. - Production of analytics to assess various hedge accounting relationships. - Liaison with other Finance teams as part of the reporting process, and liaison with Front Office teams as part of the day-to-day hedge accounting activities. - Compile IFRS profit and loss reporting. - Analysis of new trades to determine appropriate accounting treatment under IAS39. - Identification, designation and documentation of micro hedge accounting relationships. - Retrospective and prospective testing of hedge accounting relationships to ensure compliance with IAS39. - Investigation into hedge ineffectiveness on new and existing hedge accounting relationships. - Ensuring the appropriate accounting treatment of existing hedge accounting relationships. - Continual assessment of the control environment, involving the design and implementation of controls where applicable. - Continual improvement of existing IT processes to enhance the efficiency of the team's activities. - Ad hoc work/projects as required, Required Experience: - Qualified accountant or relative experience in a similar role (Interest rate and FX environment) - Good knowledge of banking products and the accounting for financial instruments - Good understanding of IAS 39, especially hedge accounting rules and application. - Intermediate/Advanced Excel - An aptitude and willingness to learn other IT processes This is a fantastic opportunity for the right individual looking to work in a varied role with close interaction with the FO. My client offers exceptional benefits and a highly competitive compensation package. If you are keen on this opportunity, please respond to this advert with an up to date copy of your CV.
To find out more about Huxley Associates, please visit
www.huxley.com [1].
Links:
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[1]
http://www.huxley.com 