Sr. Manager Technical Accounting - GS - 5632

    Total Compensation to $170k
    Northern, NJ

    The successful candidate will serve as derivative accounting subject matter expert and will be initially tasked with establishing the processes, policies, and controls within Corporate Controllership related to accounting and reporting requirements for derivative financial instruments, including interest rate swaps, net investment hedges, cross-currency swaps, and commodity hedges.
    Primary responsibilities include the management of the derivative accounting and reporting processes in compliance with GAAP and SEC reporting requirements and supporting the Company’s regular review and analysis of hedging results.
    Responsible for establishing the process and controls over the accounting for the company’s expanding hedging portfolio.
    Exposure to technical matters that arise from complex business transactions.
    Responsible for hedge documentation, effectiveness assessments and the preparation of journal entries for derivatives and footnote support.
    Complete the required ASC 815 hedge documentation and assist with the quarterly effectiveness assessments.
    This role will ensure the systems and data used in these processes is accurate and complete.
    Perform or review control procedures required for SOX compliance.
     
    Requirements:
     
    B.S. in Accounting/Finance required.
    6– 8 years of experience with a large public accounting, or in the financial reporting/technical accounting department of a large multi-national and publicly traded company.
    CPA preferred.
    Significant experience with application of accounting standards in the financial instruments and derivatives, hedge accounting of interest rate, foreign currency, and commodity risks.
    Maintain the Company’s derivative accounting policy and update on a regular basis (e.g. annually) for any changes in U.S. GAAP, new hedging strategies undertaken by the Company, etc.
    Serve as the primary point of contact for external auditors’ review of the Company’s derivative activity.
    Strong proficiency with Microsoft Office tools (including Excel, Word and Outlook).
     





     





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