Senior Manager, Hedge Accounting
About the role
The Senior Manager, Hedge Accounting at Ripple Treasury leads the team delivering technical hedge accounting excellence across managed services client portfolios. They serve as the company's primary Subject Matter Expert (SME) for hedge accounting under ASC 815 and IFRS 9, guiding clients through complex hedge de-designation conversations and optimizing accounting outcomes. They also manage and develop the derivative accounting team, ensuring process discipline and scalability.
Responsibilities
- Lead the team in providing authoritative technical guidance on fair value hedges, cash flow hedges, net investment hedges, de-designation scenarios, and disclosure requirements.
- Review and approve hedge documentation, designation memos, risk management objectives, and effectiveness testing methodologies across the client portfolio.
- Oversee quantitative and qualitative effectiveness assessments (regression analysis, dollar-offset, hypothetical derivative method) on a prospective and retrospective basis.
- Guide clients through structuring new hedging relationships to achieve qualification and optimize accounting outcomes.
- Translate FASB and IASB standard updates into clear, actionable impact summaries for clients and internal teams.
- Lead audit support at the Director level: final review of work product and direct engagement with external auditors on complex hedge accounting matters.
- Manage, mentor, and develop the derivative accounting team.
- Set clear performance expectations, provide ongoing coaching, and deliver meaningful feedback that accelerates career growth and strengthens technical depth.
- Own resource planning across client engagements — balancing workload, maintaining quality, and building capacity for growth.
- Identify and implement process improvements across the hedge accounting lifecycle — from trade capture and documentation through close, disclosure, and audit response.
- Develop, document, and maintain standardized workflows, templates, and close checklists that scale across a growing client portfolio.
- Evaluate and leverage technology solutions that increase accuracy, reduce manual effort, and improve efficiency.
- Establish and track team KPIs for delivery quality, timeliness, and client satisfaction; use data to drive decisions.
- Lead retrospectives after each close cycle to capture what worked, what didn’t, and what changes before next quarter.
- Serve as the senior escalation point for client inquiries, audit questions, and complex accounting positions across the managed services portfolio.
- Build trusted relationships with client treasury, accounting, and finance leadership — advising at a strategic level, not just executing deliverables.
- Partner with Ripple Treasury’s product, technology, and client success teams to inform platform capabilities and service design.
Requirements
- CPA required; advanced degree in Accounting or Finance a plus.
- 10+ years of progressive accounting experience, with at least 7 years focused on derivative instruments and hedge accounting under ASC 815 and IFRS 9.
- Proven experience managing and developing accounting teams — in public accounting, managed services, or corporate finance.
- Deep technical fluency in ASC 815 and IFRS 9, including practical hedge accounting elections, effectiveness testing methodologies, and disclosure requirements — you can research, interpret, and apply the standards independently.
- Strong understanding of derivative instruments across asset classes: interest rate swaps, cross-currency swaps, FX forwards, options, and commodity derivatives.
- Demonstrated track record of designing and implementing process improvements — you leave workflows better than you found them.
- Experience with hedge accounting platforms (Ripple Treasury, Chatham Financial, Reval, FIS Quantum, or comparable TMS) strongly preferred.
- Comfortable managing multiple client engagements simultaneously — precise, organized, and able to prioritize under tight deadlines.
- Strong communicator: you make complex accounting conclusions accessible to non-technical audiences, and you hold your ground on technical positions when it matters.
Qualifications
- CPA required; advanced degree in Accounting or Finance a plus.
- 10+ years of progressive accounting experience, with at least 7 years focused on derivative instruments and hedge accounting under ASC 815 and IFRS 9.
- Proven experience managing and developing accounting teams — in public accounting, managed services, or corporate finance.
- Deep technical fluency in ASC 815 and IFRS 9, including practical hedge accounting elections, effectiveness testing methodologies, and disclosure requirements — you can research, interpret, and apply the standards independently.
- Strong understanding of derivative instruments across asset classes: interest rate swaps, cross-currency swaps, FX forwards, options, and commodity derivatives.
- Demonstrated track record of designing and implementing process improvements — you leave workflows better than you found them.
- Experience with hedge accounting platforms (Ripple Treasury, Chatham Financial, Reval, FIS Quantum, or comparable TMS) strongly preferred.
- Comfortable managing multiple client engagements simultaneously — precise, organized, and able to prioritize under tight deadlines.
- Strong communicator: you make complex accounting conclusions accessible to non-technical audiences, and you hold your ground on technical positions when it matters.
Skills
- Technical expertise in hedge accounting under ASC 815 and IFRS 9.
- Strong analytical and problem-solving skills.
- Excellent communication and interpersonal skills.
- Ability to manage multiple client engagements simultaneously.
- Experience with process improvement and workflow optimization.
Benefits
Competitive salary, bonuses, and equity.
Competitive benefits that cover physical and mental healthcare, retirement, family forming, and family support.
Professional development budget to support other modes of learning.
Diverse and inclusive team environment.
Pay
The annual salary range for this position is $176,000—$215,000 USD.
Schedule
Full-time.