FX Risk Management, Accounting Manager

FX Risk Management, Accounting Manager

R3963

Location

Toronto

Career Track

Finance

FX Risk Management, Accounting Manager

FX Risk Management, Accounting Manager 

This role is eligible for our five day flex office work model.

From accounting and financial planning to risk/fraud analysis and payments, our Finance team ensures not only our company’s financial security, but also that our customers can buy from us with confidence. 

Why this job’s a big deal:

This hands-on, high-potential accounting professional will be a key player in handling the company’s balance sheet risk exposure. Reporting to Priceline’s Assistant Controller, this person will be responsible for the monitoring, accounting, reporting and analysis of business activity related to foreign currency. This position will work with various cross functional teams within the Company and requires someone with impeccable attention to detail, a financial and analytic approach and knowledge of accounting. 

In this role you will get to:

  • Responsible for running the division’s balance sheet position to optimize FX remeasurement.

  • Liaise with Treasury to implement FX hedging strategy as needed to lead FX revaluation risk and collaborate with related functions to run inter-company transactions.

  • Ensure appropriate accounting for all Treasury related activity

  • Develop reporting capabilities required to supervise and track foreign exchange risk.

  • Partner with Treasury to develop and implement of FX Risk management standard methodologies, policies and strategies based upon the Company’s balance sheet objective and liquidity risk management practices.

  • Collaborate with Treasury team in mapping end-to-end cash positions for each currency

  • Bring up any unusual activity or aged items to management, to enable proactive response to potential risks.

  • Ensure compliance with internal controls, policies and procedures over platform accounting activities and assist in the design and implementation of new controls and processes

  • In charge of the preparation and review of various journal entries and account reconciliations

  • Play pivotal role in finance transformation and modernization efforts including system implementations and functional optimization

  • Understand and analyze all transactions to ensure proper accounting under US GAAP and consistency with other BHI brands

  • Perform ad hoc financial analysis

Who you are: 

  • 8+ years total experience, ideally with 4+ years in accounting for foreign currency and FX derivatives

  • BS in a related field (accounting, finance, econ, business administration), CPA preferred

  • Familiarity with SAP, Oracle, Blackline and OneStream desired

  • Ability to perform research on complex accounting matters

  • Knowledge of corporate finance, financial reporting, risk management, capital markets and foreign exchange

  • Strong analytical background, strong problem-solving skills, and sound decision maker

  • Experience working in an environment requiring quick turn around and in-depth financial analysis

  • Excellent written and verbal communication and technical skills of US GAAP

  • Good organizational and work management skills with the ability to lead and track multiple projects/tasks simultaneously

  • Proven ability to work independently, coordinate the efforts of others as well as work well with people at a wide range of levels

  • Illustrated history of living the values necessary to Priceline: Customer, Innovation, Team, Accountability and Trust. 

  • The Right Results, the Right Way is not just a motto at Priceline; it’s a way of life. Unquestionable integrity and ethics is essential.