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Salary: USD 144,000 - 175,000 / annual
Ripple is seeking a Senior Derivative Accountant to join the Treasury Managed Services team. In this role, you will serve as the subject matter expert on derivative instruments and hedging relationships across a portfolio of clients. You will own the full technical accounting lifecycle under both ASC 815 and IFRS 9, including documentation, effectiveness testing, journal entries, and disclosures.
This is a hands-on position for a technical specialist who thrives with complexity, takes ownership of client engagements end-to-end, and communicates clearly with treasury and finance stakeholders at all levels.
Key responsibilities include:
- Own end-to-end derivative accounting for interest rate swaps, cross-currency swaps, FX forwards, options, and commodity derivatives across multiple client portfolios
- Prepare and review hedge documentation, designation memos, risk management objectives, and formal effectiveness testing under ASC 815 and IFRS 9
- Execute quantitative and qualitative effectiveness assessments (regression analysis, dollar-offset, hypothetical derivative method) on both prospective and retrospective bases
- Prepare journal entries and financial statement disclosures related to hedging activities and answer client inquiries
- Apply critical judgment on hedge accounting elections, fair value hedges, cash flow hedges, net investment hedges, and de-designation scenarios
- Translate new FASB and IASB guidance into clear, actionable impact summaries for clients and internal teams
- Lead audit support through preparation of work product and direct engagement with external auditors on derivative and hedge accounting matters
- Strengthen internal methodologies, templates, and technical guidance
Ripple operates in a fast-paced startup environment with flexible hybrid work (10+ days per month in-office). The company offers competitive benefits including equity, healthcare, retirement, professional development budget, and generous vacation and parental leave policies.
REQUIREMENTS:
- CPA preferred; advanced degree in Accounting or Finance a plus
- 5+ years of hands-on experience with derivative instruments and hedge accounting in public accounting, industry, or consulting
- Deep technical fluency in ASC 815 and IFRS 9, including practical hedge accounting elections and disclosure requirements
- Experience with fair value measurement (ASC 820 / IFRS 13) and familiarity with derivative valuation methodologies
- Ability to manage multiple client engagements simultaneously with precision, organization, and ability to meet tight deadlines
- Strong communication skills to make complex accounting conclusions accessible to non-technical audiences
- Experience with hedge accounting platforms (Ripple Treasury, Chatham Financial, Reval, FIS Quantum, or similar) preferred
