Senior Accountant - FX - Hedge Accounting

Overview

Senior Accountant role focused on hedge accounting, derivative reporting, and financial reporting support at Salesforce.

What you'll do

• Review, execute and maintain hedge accounting, including documentation, effectiveness testing, and entries.
• Record and monitor derivatives (forwards, swaps, options).
• Ensure timely P&L recognition and reclassification of hedge reserves.
• Prepare and review journal entries, reconciliations, and disclosures for hedging.
• Support month-end and quarter-end derivative accounting closing.
• Liaise with auditors and provide hedge accounting documentation.
• 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).
• Identify opportunities to streamline/automate hedge accounting/reporting.
• Maintain robust internal controls over hedge documentation and accounting.
• 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 business partners by providing financial insights and relevant reporting.
• Prepare SOX documentation, including 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 Regional and International accounting teams to ensure alignment and drive process improvements.
• Quickly understand new processes and work independently with process owners to complete tasks on time and communicate changes.
• Create and maintain process documentation.
• Deliver ad-hoc projects and deliverables as necessary.

What you'll need

• 7+ years of relevant experience in accounting.
• 3+ years of relevant process experience with ability to interpret and apply US GAAP.
• Experience in SOX control documentation and execution.
• Attention to detail, analytical thinking, deadline orientation, thoroughness, team spirit and confidentiality.
• Detail oriented, ability to multi-task and work independently.
• Understanding of ERP systems and willingness to learn quickly.
• Strong organizational and verbal/written communication skills.
• Ability to respond quickly to various requests.
• Self-starter who can self-motivate, adapt to change and work in a fast-paced environment.
• Willingness to work in a challenging environment.

Nice to have

• Knowledge of tools such as Workday Financials, Blackline, eGRC360, Tableau, Hyperion, Microsoft Excel, Slack, etc.
• Passion for process improvement and automation.

Details

• Location: Hyderabad, India.