Description
We are seeking a Senior Accountant - Hedge accounting to join our team at Salesforce. As a Senior Accountant, you will be responsible for hedge accounting and derivative reporting, compliance and financial reporting, risk management support, process improvement and controls, and other related tasks.
Hedge Accounting & Derivative Reporting
- Review, execute and maintain hedge accounting: documentation, effectiveness testing, and entries.
- Record and monitor derivatives (forwards, swaps, options).
- Ensure timely P&L recognition and reclassification of hedge reserves.
Compliance & Financial Reporting
- Prepare/review journal entries, reconciliations, and disclosures for hedging.
- Support month-end/quarter-end derivative accounting closing.
- Liaise with auditors; provide hedge accounting documentation.
Risk Management Support
- Collaborate with Treasury/Risk Management on hedge strategies and accounting.
- Validate mark-to-market valuations from banks/third parties.
- Ensure compliance with corporate policies and accounting standards. (US GAAP and IFRS)
Process Improvement & Controls
- Identify opportunities to streamline/automate hedge accounting/reporting.
- Maintain robust internal controls over hedge documentation and accounting.
Others
- Prepare monthly / quarterly financial statement flux variance analysis for management reporting
- Provide support to the 10-Q and 10-K reporting process, including preparing supporting schedules
- Work cross-functionally with and support our business partners by providing financial insights and relevant reporting
- Prepare SOX documentation including the EAE documentation as part of SOX control execution/compliance
- Assist in coordinating quarterly reviews, annual audits and SOX testing with internal and external auditors
- Work cross-functionally with the Regional and International accounting teams to ensure alignment and to drive process improvements
- Ability to quickly understand new processes identified and ready to work on such processes.
- Ability to work independently with the process owners to ensure that all tasks are completed on time and any changes communicated
- Create and maintain process documentation
- Deliver on ad-hoc projects / deliverables as necessary