Manager, Hedge Accounting at Westpac Group

Sydney, New South Wales, Australia -

Full Time

Start Date

Immediate

Expiry Date

26 Aug, 26

Salary

0.0

Posted On

28 May, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Hedge Accounting, IFRS, AASB, Fixed Income, FX, Derivatives, Financial Instrument Valuation, P&L Analysis, Stakeholder Management, Microsoft Excel, Microsoft Access, Regulatory Reporting

Industry

Financial Services

Description

Create your best future and join Westpac as a Manager, Hedge Accounting * Permanent Full-time opportunity * Sydney based * Hybrid working model What’s the role? The Hedge Accounting team provides technical finance, accounting and advisory support to Treasury activities, including balance sheet management, funding, liquidity, and interest rate and FX risk management. The team has end-to-end responsibility for the governance, execution and reporting of hedge accounting strategies, ensuring alignment with accounting policy, risk intent and regulatory expectations. As a Manager, you will be accountable for the completeness, accuracy and integrity of hedge accounting across assigned portfolios, with oversight of calculations, reserves and journals. You will ensure compliance with accounting standards, contribute to regulatory and external reporting, and support audit requirements. Leveraging strong technical expertise in fixed income, FX and derivatives, you will analyse P&L volatility and hedge effectiveness, assess impacts of new trades or strategy changes, and provide guidance on complex IFRS/AASB requirements. You will also have the opportunity to work closely with senior Treasury stakeholders to influence hedging strategies and outcomes. What do I need? * Institutional banking or financial markets experience in a finance/hedge accounting role * Strong understanding of time value of money applications on valuation of financial instruments * Strong technical accounting skills (IFRS/AASB standards) * CA, CFA or CPA qualified (or actively working towards) * Proficiency of Microsoft Excel and database tools such as Access (desirable) * Ability to engage and influence multiple stakeholders and manage competing deadlines Why join us? We’re obsessed with becoming our customers' #1 banking partner for life and we’re looking for people who are passionate about helping us achieve that goal. In return, we’re committed to making Westpac the best place to work in the country. Here are just a few of the ways we’re already doing that: * Special offers on banking products and discounts from top brands, including generous employee-only mortgage rates! * Flexible work arrangements to help you achieve a greater work/life balance, and a variety of leave options including Culture, Lifestyle and Wellbeing leave. * Tailored learning and development opportunities to help your grow your career within the bank. * Lots of opportunities to ‘give back’ to the Community by getting involved in our many volunteering initiatives. Create your future today To get started, simply click on the APPLY or APPLY NOW button We’re all about creating a supportive and inclusive community. We welcome everyone – no matter your age, gender, background, or abilities. We also provide additional support to welcome our veterans, Indigenous Australians and neurodiverse community. If you need any adjustments during the recruitment process, you can find out more information and additional contact details by visiting the "People with Disability and/or needing Accessibility Requirements" page on our website [https://www.westpac.com.au/about-westpac/inclusion-and-diversity/Inclusion-means-everyone-matters/disability-and-accessibility/].

Responsibilities

The role is responsible for the governance, execution, and reporting of hedge accounting strategies to ensure alignment with accounting policies and regulatory expectations. Key duties include managing the accuracy of calculations and reserves while providing technical guidance on complex IFRS/AASB requirements.