Senior Derivative Accountant

Ripple•New York, NY

2d•$144,000 - $175,000•Hybrid

About The Position

As a Senior Derivative Accountant on Ripple’s Treasury Managed Services team, you serve as a subject matter expert on derivative instruments and hedging relationships across a portfolio of clients. You own the technical accounting lifecycle under ASC 815 and IFRS 9, including documentation, effectiveness testing, journal entries, and disclosures. This hands-on role involves managing client engagements end-to-end and communicating with treasury and finance stakeholders at every level.

Requirements

At least 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 under ASC 820 or IFRS 13 and familiarity with derivative valuation methodologies.
Ability to manage multiple client engagements simultaneously, stay organized and precise, and meet tight deadlines.
Strong communication skills, including explaining complex accounting conclusions to non-technical audiences.

Nice To Haves

CPA certification preferred.
Advanced degree in Accounting or Finance is a plus.
Experience with hedge accounting platforms such as Ripple Treasury, Chatham Financial, Reval, FIS Quantum, or similar.

Responsibilities

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.
Perform quantitative and qualitative effectiveness assessments, including regression analysis, dollar-offset, and the hypothetical derivative method, on prospective and retrospective bases.
Prepare journal entries and financial statement disclosures related to hedging activities and respond to client inquiries about deliverables.
Apply critical judgment to hedge accounting elections, fair value hedges, cash flow hedges, net investment hedges, and de-designation scenarios.
Translate new FASB and IASB guidance into actionable impact summaries for clients and internal teams.
Lead audit support, including preparing work product and engaging directly with external auditors on derivative and hedge accounting matters.
Strengthen internal methodologies, templates, and technical guidance.

Benefits

Competitive salary, bonuses, and equity.
Benefits covering physical and mental healthcare, retirement, family forming, and family support.
Employee giving match.
Mobile phone stipend.
R&R days to rest and recharge.
Wellness reimbursement and weekly onsite and virtual programming.
Generous vacation policy.
Parental leave policies and family planning benefits.
Catered lunches, fully stocked kitchens with premium snacks and beverages, and events.
Professional development budget.
Flexible in-office attendance, with managers and teams deciding which 10+ days per month to come in.
Team offsites, team bonding activities, and happy hours.