Senior Derivative Accountant

About the role

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.

Responsibilities

• 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 deliverables.
• Apply critical judgment on hedge accounting elections, fair value hedges, cash flow hedges, net investment hedges, and de-designation scenarios.
• 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.
• Strengthen internal methodologies, templates, and technical guidance.

Requirements

• CPA preferred; 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.
• Experience with fair value measurement (ASC 820 / IFRS 13) and familiarity with derivative valuation methodologies.
• 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.

Benefits

• Professional development budget to support other modes of learning.
• In-office collaboration flexibility: managers and teams decide which 10+ days a month to come in.
• Bi-weekly all-company meeting – business updates and ask‑me‑anything style discussion with Leadership Team.
• Team offsites, team bonding activities, happy hours, and more.
• Competitive salary, bonuses, and equity.
• Competitive benefits covering physical and mental healthcare, retirement, family forming, and family support.
• Employee giving match.
• Mobile phone stipend.
• R&R days to rest and recharge.
• Generous wellness reimbursement and weekly onsite & virtual programming.
• Generous vacation policy – work with your manager to take time off when needed.
• Industry-leading parental leave policies and family planning benefits.
• Catered lunches, fully‑stocked kitchens with premium snacks/beverages, and plenty of fun events.
• Benefits listed above are for full‑time employees.

Pay

For positions that will be based in CA, the annual salary range for this position is $152,000 USD – $185,000 USD. Actual salaries may vary based on numerous factors including an individual applicant’s experience and qualifications for the position. This range does not include equity or additional compensation, such as bonuses or commissions.