Reporting Accountant
- Recruiter
- Vitae Financial Recruitment
- Location
- England, Bedfordshire
- Salary
- £55000 - £60000 per annum + 7.5% Bonus + Bens
- Posted
- 09 Dec 2016
- Closes
- 16 Dec 2016
- Ref
- 091216NF
- Contact
- Neil French
- Job Title
- Financial Accountant
- Category
- Charity
- Experience Levels
- Newly Qualified
- Contract Type
- Permanent
- Hours
- Full Time
Derivative & Reporting AccountantLuton, Bedfordshire
£50-£60K + 7.5% Bonus + Bens
An outstanding opportunity to join a truly World Leading organisation with excellent career progression opportunities as Derivative & Reporting Accountant.
We are specifically looking for an ACA / ACCA qualified candidate looking to make a first move from practice into industry.
The successful candidate will work closely with the Treasury department to assess all derivative transactions for cash flow designation or economic hedge treatment.
The role will produce all relevant hedge documentation and work closely with the Treasury department to ensure appropriate recording, valuing and reporting in the system (and/or any future replacement systems) of all traded hedges for the European division. The role will also contribute to the overall European division financial reporting in the wider HFM consolidation tool.
-Ensure all cash flow hedges are appropriately documented in line with Corporate templates and US GAAP requirements.
-Ensure designated hedge is effective.
-Ensure all trades have been accurately entered into the system (and/or any future system) by the Treasury department.
-Generate and check all related accounting entries advised by system (and/or any future system).
-Ensure all cash flow hedges remain effective on a prospective basis and measure any ineffectiveness on a periodic basis.
-Complete related derivative disclosure book on a quarterly basis.
-Liaise closely with both internal and external auditors on all related SOX/internal controls and financial statement reporting.
-Any other reporting or analysis required by the Manager Financial Reporting.
-Support the Financial Reporting Accountant when required.
-Ad hoc project involvement to include but not limited to new system introduction and testing, and process improvement.
The successful candidate will be ACA/ACCA Qualified looking to make a first or second move from practice into industry. You will ideally have large client exposure and hedge accounting experience is highly desirable. Any exposure to US GAAP is highly desirable as is SAP / Hyperion experience.
AGY - Vitae Financial Recruitment
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