- Work Location: Phu My Town, Ba Ria-Vung Tau.
- Monthly Salary: 20,000,000~30,000,000VND
<Job Responsibilities>
1. System & Process Development
- Design hedge accounting workflows, policies, and internal controls aligned with IFRS 9/IAS 39.
- Support the development, testing, and implementation of hedge accounting modules in the system.
- Other duties assigned by Management.
2. Operational hedge accounting system phase
- Manage and monitor physical commodity contracts, including purchase contracts, sales contracts, fixation mechanisms, terminal months, and delivery terms.
- Responsible for tracking, recording, and managing commodity future contracts from execution to daily margining, revaluation, roll-over, and maturity/settlement.
- Match hedged items with hedging instruments, ensuring alignment between physical exposures (inventory, physical contracts) and futures positions designated under Fair Value Hedge accounting.
- Perform monthly hedge accounting entries, including fair value adjustments against stocks and physical contracts.
- Work closely with the SCM department (Supply Chain Management) to understand hedging strategies and ensure timely and accurate accounting for transactions.
- Enhance and improve the efficiency of operating the Hedge Accounting system.
- Prepare documentation and analysis for auditors, management, and internal stakeholders related to hedging activities.
- Other duties assigned by Management.
<Necessary Skill / Experience >
・Education: Bachelor's degree or higher in Accounting, Auditing, Finance, or a related field
・Age: 25~35
・Gender: Any
・Language: English - Business Level
・Experience: Minimum 3-5 years of specialized experience in Financial Accounting, Auditing, Derivative Accounting, or Risk Management
・Knowledge:
- IFRS knowledge is a must
- Strong theoretical knowledge of Hedge Accounting, both Fair Value Hedges and Cash Flow Hedges.
- Knowledge of commodity markets, specifically coffee price risk, and how to transact on commodity futures markets.
・Skills:
- Ability to build and operate complex valuation/hedge effectiveness testing models in Excel or a specialized system.
- Analytical thinking, documentation skills, communication, and cross-functional collaboration.
- Team management skills.
<Preferable Skill / Experience>
- Experience in development, implementation, or enhancement of Hedge Accounting system.
- Practical experience in applying Hedge Accounting (Fair Value).
NOTICE:
Only shortlisted candidates will be approached by RGF's consultant. Your resumes will be recorded in our system, and you will receive our Job Introduction Auto-email with suitable jobs in the coming time. Please check your email regularly to get our vacant job. Thanks so much!