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24/03 Sourorshi Kar
Talent Acquisition Consultant at Symphony HR

Views:75 Applications:12 Rec. Actions:Recruiter Actions:3

AVP - Business Analyst - Hedge Accounting (7-10 yrs)

Chennai Job Code: 1237886

This role will be responsible for supporting the Hedge Accounting Technical Accounting and Process SME in re-designing the Hedge Accounting operating model within Treasury and across asset class bringing together all pockets of Hedge Accounting across the Group globally onto strategic trading and sub ledger architecture with multi product support.

The role will be expected to partner with strategic sub ledger architects to design and build a hedge accounting solution that works seamlessly across accounting jurisdictions and that ensures a consolidation of results under IFRS and IAS39.

What will you be doing?

The Hedge Accounting Business Analyst is required to support the design and delivery of aligning the Hedge Accounting Function to the 19 key PC controls, utilising strategic architecture solutions such as Beowulf and MOTIF with a design mantra that supports flexibility and pace with respect to accommodating new revenue and income protection opportunities whilst maintain the highest levels of control and analytical review.

This will include considerations for;

- Simplified booking/operating model and the decommission of the CHARMS trading platform for hedge accounting

- P&L and Balance Sheet Explain on system

- MTP/Outlook and Stress Test enhanced tooling to allow better management of Head Office P&L into investor relations.

- Introduction of a sub-ledger (MOTIF) for the function that is able to apply local hedge accounting methodologies and consolidate under IAS39 for Group Accounts.

Key platform deliverables:

- Standardised derivative product offering to include the hedge accounting of EM currencies and exotic derivatives;

- A global operating model aware of local accounting rules (e.g. US GAAP) and IFRS consolidation at Group;

- A hedge accounting centre of excellence within the Product Control FTC;

- An operating model that aligns to the Product Control FTC 19 key control framework;

- Identification and development of a single transaction data source across Treasury;

- Design simplification and optimisation that allows the hedge accounting function to close its books on WD3;

- Remove the necessity for EUDAs;

- A P&L explain tool that promotes understanding and the forecasting ability of the function.

Key programme responsibilities include:

- Defining business case and benefits measurement;

- Expanding business requirements through design workshops

- Collaborating on specific designs for the program and the facilitation of design workshops with SMEs;

- Analyse data sources to support the creation of design proposals to drive consistency within Finance and Treasury;

- Working with the finance business architects and business process owners to review and agree specifications and user stories;

- Defining the UAT and testing strategy including identification of use cases and examples;

- Optimising the process from end to end together with the line controllers.

What we're looking for:

- Fully qualified accountant, with extensive post qualification experience

- Degree (or higher) educated, from a top tier university

- Proven track record of supporting change programmes

Skills that will help you in the role:

- Hedge Accounting experience.

- Excellent Power-point skills, with the ability to storyboard and produce best in class presentations;

- A continuous learning mind-set; someone who applies analytical reasoning and problem solving to all they do.

Where will you be working?

Chennai

This job opening was posted long time back. It may not be active. Nor was it removed by the recruiter. Please use your discretion.

Women-friendly workplace:

Maternity and Paternity Benefits

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