Senior Manager, Hedge Accounting

Location:

Chicago, IL, United States

As Senior Manager, Hedge Accounting at Ripple Treasury, you lead the team that delivers technical hedge accounting excellence across our managed services client portfolio. You own the quality and integrity of every hedge accounting deliverable, from documentation and effectiveness testing to journal entries, disclosures, and audit support, and drive process discipline that makes our practice scalable.

• Serve as the organization’s primary SME for hedge accounting under ASC 815 and IFRS 9, 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, including regression analysis, dollar‑offset, and hypothetical derivative method, on prospective and retrospective bases.
• 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 before deadlines.
• 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.
• Build a team culture grounded in technical rigor, accountability, and continuous improvement.

• 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 to make before the 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.

• CPA required; advanced degree in Accounting or Finance is 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.
• 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—leaving workflows better than found.
• Experience with hedge accounting platforms such as 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…