Hedge Accounting

5 hours, 6 minutes ago
Senior
Finance and Accounting
Capco

Capco

Capco is a global business and technology consultancy, part of Wipro, dedicated to the financial services and energy industries. With a focus on digital transformation, Capco delivers end-to-end data-driven solutions for banking, payments, capital mark...

Internet Software & Services
5K-10K
Founded 1998

Description

  • Produce and independently validate Global Markets profit and loss and balance sheet reporting.
  • Ensure accounting policies are applied correctly and consistently across trading portfolios.
  • Support daily service delivery to regional and central teams with effective controls and management information.
  • Liaise closely with Operations, IT, Risk, Front Office, and Central Finance stakeholders.
  • Represent Product Control in internal and external meetings.
  • Support the business with meaningful daily processing and issue resolution.
  • Contribute to process simplification and efficiency improvements within the department.
  • Manage hedge accounting-related activities and reporting within the Product Control function.

Requirements

  • Qualified Chartered Accountant, CWA, CPA, CFA, or MBA from a Tier I/II institute.
  • At least 5+ years of experience in Product Control or a Global Markets environment of similar scale.
  • Experience with US GAAP, IFRS, and IAS reporting frameworks.
  • Mandatory knowledge of Product Control functions in a banking environment with exposure to traded market products.
  • Mandatory knowledge of Global Markets products including equities, foreign exchange, fixed income, derivatives, options, interest rate swaps, and credit derivatives.
  • Strong understanding of IAS 39 and IFRS 9, especially in relation to hedge accounting strategies.
  • Proven ability to manage migrations of finance processes and work in diverse, multi-cultural environments.
  • Strong organization, time management, prioritization, communication, presentation, tact, and diplomacy skills.
  • Ability to work effectively across senior and junior stakeholders, challenge inputs constructively, and coordinate work across multiple teams.
  • Proficiency in MS Office Suite, with exposure to project management software and MS Access databases.
  • Preferred experience managing a team of 3-5 members or serving as a senior/deputy within a team.
  • Global exposure and strong multi-tasking ability are preferred.

Interested in this position?

Apply directly on the company website

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