Senior Accountant - Hedge Accounting
Salesforce
Job Summary
Salesforce is seeking a Senior Accountant for Hedge Accounting. This role involves reviewing, executing, and maintaining hedge accounting documentation, effectiveness testing, and entries, as well as recording and monitoring derivatives. The accountant will ensure timely P&L recognition, prepare financial reports, support month-end closing, and liaise with auditors. The position also includes collaborating with Treasury/Risk Management, validating valuations, ensuring compliance with US GAAP and IFRS, and identifying process improvement opportunities. The ideal candidate will have 8+ years of accounting experience, with 3+ years in relevant process experience, and strong analytical and communication skills.
Must Have
- Review, Execute and maintain hedge accounting: documentation, effectiveness testing, and entries.
- Record and monitor derivatives (forwards, swaps, options).
- Ensure timely P&L recognition and reclassification of hedge reserves.
- Prepare/review journal entries, reconciliations, and disclosures for hedging.
- Support month-end/quarter-end derivative accounting closing.
- Liaise with auditors; provide hedge accounting documentation.
- Collaborate with Treasury/Risk Management on hedge strategies and accounting.
- Validate mark-to-market valuations from banks/third parties.
- Ensure compliance with corporate policies and accounting standards (US GAAP and IFRS).
- Identify opportunities to streamline/automate hedge accounting/reporting.
- Maintain robust internal controls over hedge documentation and accounting.
- Prepare monthly / quarterly financial statement flux variance analysis for management reporting.
- Provide support to the 10-Q and 10-K reporting process, including preparing supporting schedules.
- Work cross-functionally with and support business partners by providing financial insights and relevant reporting.
- Prepare SOX documentation including the EAE documentation as part of SOX control execution/compliance.
- Assist in coordinating quarterly reviews, annual audits and SOX testing with internal and external auditors.
- Work cross-functionally with the Regional and International accounting teams to ensure alignment and to drive process improvements.
- Ability to quickly understand new processes identified and ready to work on such processes.
- Ability to work independently with the process owners to ensure that all tasks are completed on time and any changes communicated.
- Create and maintain process documentation.
- Deliver on ad-hoc projects / deliverables as necessary.
- 8+ years of relevant experience in Accounting, analyzing information, attention to details, deadline oriented, thoroughness in the deliverables, spirit to work as a team and confidentiality.
- 3+ years of relevant process experience with ability to interpret and apply relevant US GAAP.
- Experience in SOX control documentation / execution.
- Detail oriented, ability to multi-task and work independently.
- Understanding of ERP systems.
- Strong organizational and verbal / written communication skills.
- Passion in process improvement and automation.
- Willing to work in a challenging environment.
- Strong ability to respond quickly to various requests.
- Must be a self-starter - ability to self-motivate, adapt to change and work in a fast-paced environment.
Good to Have
- Knowledge of Workday Financials, Blackline, eGRC360, Tableau, Hyperion, Microsoft Excel, Slack, etc.
Perks & Benefits
- Benefits and resources to support work-life balance
- AI agents to accelerate impact
Job Description
Senior Accountant - Hedge Accounting
About Salesforce
Salesforce is the #1 AI CRM, where humans with agents drive customer success together. Here, ambition meets action. Tech meets trust. And innovation isn’t a buzzword — it’s a way of life. The world of work as we know it is changing and we're looking for Trailblazers who are passionate about bettering business and the world through AI, driving innovation, and keeping Salesforce's core values at the heart of it all.
Ready to level-up your career at the company leading workforce transformation in the agentic era? You’re in the right place! Agentforce is the future of AI, and you are the future of Salesforce.
Job Responsibilities
Hedge Accounting & Derivative Reporting
- Review, Execute and maintain hedge accounting: documentation, effectiveness testing, and entries.
- Record and monitor derivatives (forwards, swaps, options).
- Ensure timely P&L recognition and reclassification of hedge reserves.
Compliance & Financial Reporting
- Prepare/review journal entries, reconciliations, and disclosures for hedging.
- Support month-end/quarter-end derivative accounting closing.
- Liaise with auditors; provide hedge accounting documentation.
Risk Management Support
- Collaborate with Treasury/Risk Management on hedge strategies and accounting.
- Validate mark-to-market valuations from banks/third parties.
- Ensure compliance with corporate policies and accounting standards. (US GAAP and IFRS)
Process Improvement & Controls
- Identify opportunities to streamline/automate hedge accounting/reporting.
- Maintain robust internal controls over hedge documentation and accounting.
Others include
- Prepare monthly / quarterly financial statement flux variance analysis for management reporting
- Provide support to the 10-Q and 10-K reporting process, including preparing supporting schedules
- Work cross-functionally with and support our business partners by providing financial insights and relevant reporting
- Prepare SOX documentation including the EAE documentation as part of SOX control execution/compliance
- Assist in coordinating quarterly reviews, annual audits and SOX testing with internal and external auditors
- Work cross-functionally with the Regional and International accounting teams to ensure alignment and to drive process improvements
- Ability to quickly understand new processes identified and ready to work on such processes.
- Ability to work independently with the process owners to ensure that all tasks are completed on time and any changes communicated
- Create and maintain process documentation
- Deliver on ad-hoc projects / deliverables as necessary
Skills/Experience
- 8+ years of relevant experience in Accounting, analyzing information, attention to details, deadline oriented, thoroughness in the deliverables, spirit to work as a team and confidentiality
- 3+ years of relevant process experience (for the selected role) with ability to interpret and apply relevant US GAAP.
- Experience in SOX control documentation / execution
- Detail oriented, ability to multi-task and work independently
- Understanding of ERP systems and willingness to learn quickly. Knowledge of other tools such as Workday Financials, Blackline, eGRC360, Tableau, Hyperion, Microsoft Excel, Slack, etc. is desirable
- Strong organizational and verbal / written communication skills
- Passion in process improvement and automation
- Willing to work in a challenging environment
- Strong ability to respond quickly to various requests
- Must be a self-starter - ability to self-motivate, adapt to change and work in a fast-paced environment
Unleash Your Potential
When you join Salesforce, you’ll be limitless in all areas of your life. Our benefits and resources support you to find balance and be your best, and our AI agents accelerate your impact so you can do your best. Together, we’ll bring the power of Agentforce to organizations of all sizes and deliver amazing experiences that customers love. Apply today to not only shape the future — but to redefine what’s possible — for yourself, for AI, and the world.
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