Executive Manager, Hedge Accounting

Sydney CBD Area
Competitive salary
17 Oct 2019
24 Oct 2019
Approved employers
Approved employer
Contract type
Full time
Experience level

See yourself in our team

As part of Group Treasury Finance, the Hedge accounting team is a small, very specialised and high performing team where you will have responsibility for:

  • Oversight of Hedge accounting policy compliance with IFRS and maintenance of CBA Group’s policy framework;
  • Oversight of Group’s Noncash P&L policy framework (Noncash P&L being adjustment between management preferred view of CBA result on a Cash P&L basis to Statutory results under IFRS);
  • Provision of hedge accounting sign offs on any new products, transactions,, etc.;
  • Management of operational aspects of hedge accounting including booking hedge relationships, accounting entries, effectiveness testing, documentations, reporting;
  • Create teams SOPs
  • Drive standardization, simplification and automation

Do work that matters

Key requirements of the role include:

  • Demystify and optimize existing processes with focus on automation and simplification;
  • Keep enhancing P&L attribution and reporting processes;
  • Key interface between Treasury Front Office, Group Finance and Risk teams;
  • Focus on a continuous agenda of value adding activities for our key stakeholders;
  • Liaison with Treasury Front desk, Murex support team, Treasury IT to automate and standardize processes to avoid any manual hurdles;
  • Leverage existing data platforms to automate reconciliations and review processes, in particular a utilization of RACE, GTRS, CHARMS and existing Murex reports;
  • Transparent & understood & controlled product hedge accounting function;
  • Provide monthly/ semi-annually P&L and Balance sheet analysis of the PRM MtM activities

We’re interested in hearing from people who

  • Tertiary Qualifications: Accounting Discipline, CPA – High Importance
  • Ability to analyze & solve complex problems involving transactions spanning multiple Business Units
  • Industry experience and understanding of Treasury principles & operations.
  • Background and technical accounting experience with transfer pricing and market risk concepts.
  • Commercial awareness and business partnering abilities.
  • Ability to form sound working relationships and influence people.
  • Effective communication & interpersonal skills to meet customer, function and Group needs;
  • Ability to identify current and potential issues in the management reporting and analysis outputs and to devise & implement appropriate policy and process improvements in response.
  • Familiarity with Murex, PeopleSoft, GTRS, Essbase preferred and strong Excel & Database query skills are essential.

The people, businesses and communities we serve are wonderfully diverse. To reflect this, we're committed to hiring a similarly diverse workforce. With a focus on inclusion, accessibility and flexibility, we'll support you at every stage of your career.

Applications close: 30 Oct 2019 AUS Eastern Daylight Time

For further information, and to apply, please visit our website via the “Apply” button below.

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