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Consultant – Hedge Accounting

JCRA is an FCA-regulated financial risk management consultancy specialising primarily in the management of interest rate, foreign exchange and inflation risk. We have over 70 staff with our main office in London, and our presence in mainland Europe and North America is expanding.

Role purpose:

JCRA is expanding its market leading derivatives valuation and hedge accounting team to offer a service to our current clients who are facing significant accounting challenges.

We are looking for an experienced accountant who will work across the different sector teams and provide clients with derivatives valuation and accounting support, helping meet their valuation and hedge accounting requirements.

Key responsibilities:
  • Preparing financial modelling and analysis
  • Advising clients on derivatives valuation and providing hedge accounting support to them and their stakeholders (mainly external auditors)
  • Liaison with other team members supporting their advisory engagements where necessary, both in Europe and in the USA
  • Client responsibility (leading client relationship management and delivery of output) for a portfolio of existing clients
  • Preparing and presenting pitches to win new clients, producing client briefing notes and analysis
  • Initiate and participate in external marketing and thought leadership activities (publishing of relevant articles/analysis)
Experience required:
  • A minimum of three years of practical experience with OTC derivatives and hedge accounting.  An Accounting qualification would be an advantage
  • Practical experience with FRS102, IAS39/IFRS9, IFRS7 and good knowledge of derivatives under USGaap gained in either a treasury, debt advisory or corporate finance environment
  • Hedge accounting experience preferably in Real Estate or Corporate Treasury
  • Experience with a large audit firm
  • Experience of financial instruments
  • General understanding of financial markets and OTC derivatives in particular
Skills required:
  • Communication skills – the confidence to liaise with senior level executives through client pitches and mandate execution
  • Excellent client relationship management skills
  • Strong modelling skills – derivatives valuation, use of commercial software
  • Excellent Excel, PowerPoint and Word
  • User of Bloomberg, SuperDerivatives, Reval
  • Excellent project management, presentation and organisational skills
  • Proactive individual with strong interpersonal skills and attention to detail


Competitive base salary and benefits including 25 days’ holiday.

Interested applicants should send a detailed cover letter and CV to Adriana.Sousa@jcrauk.com by Friday 24 May 2019.

Contact us

If you need hedging or debt advice or would like to speak to the team, please get in touch.