Description:

The Treasury Finance Manager (Hedging) will be responsible for delivering the management and oversight of all hedge accounting and derivative / HQLA financial control activity – including actuals, forecasts, stresses and sensitivities as required for Finance, Treasury and FP&A, Business Partnering and external auditors. The post-holder must also be able to undertake ad hoc finance projects and conduct deep-dive analysis and research as required. The role requires an individual with significant technical knowledge, practical systems ability and excellent communication skills.

This is a great opportunity for the right individual to develop in-depth knowledge and understanding of technical accounting and products through a combination of on-the-job learning and other resources. The role can be conducted remotely, with the option to use Glasgow city-centre-based offices. The business adopts an extremely flexible-working model, and offers a generous wider benefits package as well as unrivalled opportunities for career progression and development.

Role Responsibilities:

• Be responsible for production of month end derivative and FVOCI management reporting including journal entries, reconciliations, commentary and ownership of ledger structure and mappings to enable this process
• Complete monthly BAU hedge accounting activity including maintaining hedge relationships, hedge effectiveness calculations and accounting entries
• Ensure compliance with processes and controls as well as maintaining suitable procedure documentation. Where possible suggest and execute improvements to the financial governance within the derivative accounting area, and be able to explain processes to other impacted teams
• Develop and maintain IFRS compliant design and documentation of hedge accounting designations, de-designations and re-designations
• Optimise hedging strategy for Profit & Loss volatility management
• Produce relevant statutory and regulatory disclosures for Group and Company reporting
• Maintain awareness of IFRS exposure drafts and guidance notes as related to Treasury products and transactions, assisting policy development and implementation
• Ad hoc technical accounting advice

The Individual:

• ICAS/ACCA/CIMA or equivalent accounting qualification
• Experience of working in a Financial Reporting team
• Experience in preparation of statutory or management accounts
• Strong interpersonal and presentation skills
• Experience in spreadsheet management and modelling
• IFRS knowledge
• Strong understanding of business processes, controls, and audit trail requirements
• Excellent communication skills

On Offer:

• Competitive salary (DOE)
• Bonus scheme
• A 35-hour working week
• Flexible hours – work when suits you
• Flexible location – work where suits you
• 5 days annual leave
• 5 extra paid well-being days per year​
• 20 weeks paid, gender neutral family leave (52 weeks in total) for expectant parents and those looking to adopt
• Market leading Pension & Private Medical Insurance
• Other generous benefits including Cycle to Work, Wellness & Health Assessments and Critical Illness

To find out more information please contact Gillian O’Neil at Rutherford Cross.

Email: [email protected]

Telephone: 07432482882