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Treasury and Hedge Accounting Specialist

Job description

KPMG New Zealand is part of the international KPMG network and aims to provide the best audit, tax and advisory services to clients.

Our Financial Risk Management (FRM) team has extensive treasury and financial instruments accounting advisory experience (IFRS 9, IFRS 7 and IAS 32) in the market as well as in-depth understanding of technical accounting and insights into practical application issues and challenges.

The team's experience enables us to anticipate and proactively address the challenges in the application of these accounting standards to the financial services and non-financial services sector. Our proven track record have resulted in significant growth which require dynamic and skilled individuals to deliver.

Be Interested
  • We have an opportunity for a senior level resource to help KPMG to meet our demanding treasury and hedge accounting services pipeline. This individual would be key to delivering a significant part of our IFRS 9 and financial instruments accounting pipeline.
  • This role will see you work closely with a variety of clients, including NZX listed corporates and registered banks. This role will also provide you with opportunities to get involved in areas of financial risk e.g. corporate treasury, market risk etc.
  • The primary focus of the successful candidate will be hedge accounting and financial instruments valuation for financial services and corporate clients.

Be Exceptional
  • You'll need the following specific technical accounting expertise:
  • Specialist advice on the assessment and implementation of IAS 39 and IFRS 9, IFRS 7 and practical advice on financial instrument accounting issues in general
  • Delivering on financial instruments related engagements (Advisory or Audit) - this includes:
  • Designation of hedging relationships using forward foreign exchange contract, interest rate swaps, cross currency interest rate swaps and options;
  • Auditing or accounting advice on hedge documentation, hedge effectiveness testing and hedge accounting journals;
  • Financial instrument valuations (calculating CVA/DVA adjustments)
  • Financial instruments and hedge accounting related disclosures
  • Assessments of the impact of emerging issues on borrowing, investment or hedging activities.
  • You'll provide subject matter expertise on technical accounting as well as practical implications relating to IFRS 9 hedge accounting standards
  • Lead client workshops, training and challenge around clients' IFRS 9 hedge accounting principles and practices
  • Drive development of IFRS 9 hedge accounting collateral and tools

  • To be successful in this role, you'll have have a strong banking, finance (including an understanding of the interactions with risk functions) or corporate treasury knowledge and demonstrate the following skills:
  • Significant experience in accounting/auditing within financial industry, particularly around application of IAS 39 and IFRS 9
  • Good understanding of issues and challenges facing the treasury and finance functions of financial institutions and/or corporates
  • Experience in business development, as well as proposal writing and presenting to clients
  • Qualified accountant (CA/CPA is preferable)
  • Previous experience managing, leading and developing teams
  • Excellent communicator with the personal skills to build strong and lasting client relationships
  • Strong Microsoft PowerPoint, Word and Excel skill
  • Excellent project management skills with a proven track record in delivering high quality services
  • Strong influencing skills

We offer rewarding careers for outstanding professionals, ongoing learning and development opportunities, a collaborative and inclusive culture, and flexible and agile work practices that focus on our people's wellbeing to drive innovation and entrepreneurship. We also believe that our business plays a distinct and vital role in helping solve important social and environmental issues; and use our unique skills and expertise to help create positive and lasting impacts for our communities.

We believe diversity of thought, background and experience strengthens relationships and delivers meaningful benefits to our people, our clients and communities. We strive to be recognised as an employer of choice for all, irrespective of gender, ethnicity, generation, flexible work status, family circumstances, sexual orientation or disability and our inclusive culture promotes the development of our people nationwide.

To apply click here.
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