Senior Derivative Accountant

THE WORK:

As a Senior Derivative Accountant on the Ripple Treasury Managed Services team, you serve as the subject matter expert on derivative instruments and hedging relationships across a portfolio of clients. You own the full technical accounting lifecycle under both ASC 815 and IFRS 9: documentation, effectiveness testing, journal entries, and disclosures.

This is a hands-on role for a technical specialist who thrives with complexity, takes ownership of client engagements end-to-end, and communicates clearly with treasury and finance stakeholders at every level.

WHAT YOU’LL DO:

• Own end-to-end derivative accounting for interest rate swaps, cross-currency swaps, FX forwards, options, and commodity derivatives across multiple client portfolios.


• Prepare and review hedge documentation — designation memos, risk management objectives, and formal effectiveness testing under ASC 815 and IFRS 9.


• Execute quantitative and qualitative effectiveness assessments (regression analysis, dollar-offset, hypothetical derivative method) on both a prospective and retrospective basis.


• Prepare journal entries and financial statement disclosures related to hedging activities and answer client inquiries about our deliverables


• Apply critical judgment on hedge accounting elections — fair value hedges, cash flow hedges, net investment hedges, and de-designation scenarios.


• Advise clients on structuring new hedging relationships to achieve qualification and optimize effectiveness.


• Translate new FASB and IASB guidance into clear, actionable impact summaries for clients and internal teams.


• Lead audit support — preparation of work product and direct engagement with external auditors on derivative and hedge accounting matters.


• Mentor junior team members and strengthen internal methodologies, templates, and technical guidance.

WHAT YOU'LL BRING: 

• CPA required; advanced degree in Accounting or Finance a plus.


• 5+ years of hands-on experience with derivative instruments and hedge accounting — in public accounting, industry, or consulting environment.


• Deep technical fluency in ASC 815 and IFRS 9, including practical hedge accounting elections and disclosure requirements.


• Comfortable managing multiple client engagements simultaneously — precise, organized, and able to meet tight deadlines.


• Strong communicator: you make complex accounting conclusions accessible to non-technical audiences.


• Experience with hedge accounting platforms (Ripple Treasury, Chatham Financial, Reval, FIS Quantum, or similar) preferred.