CAS | Senior Accountant - Focus on Hedge Accounting

Indeed

Company

Job typeFull-time
Workplace typeOnsite
Experience levelNo experience limit
Education levelNo degree limit

Description

Job Summary: Sicredi is seeking a Senior Accountant to govern and sustain the Hedge Accounting process, supporting the structuring and monitoring of hedge strategies. Key Highlights: 1. Focused practice in Hedge Accounting governance and sustainability 2. Support for structuring, monitoring, and evolving hedge strategies 3. Opportunity at a cooperative financial institution with over 120 years of history Have you ever considered working for a company whose purpose is to build a more prosperous society, promoting economic and social development for the people and communities where we operate? We are Sicredi, Brazil's first cooperative financial institution, with over 120 years of history and 10 million members. We are looking for a **Senior Accountant** to join Sicredi’s Accounting Controls team, focusing on Hedge Accounting governance and sustainability across Cooperatives and Banco Sicredi. This person will be responsible for supporting the structuring, monitoring, and evolution of hedge strategies, ensuring compliance with accounting standards, regulatory requirements, and industry best practices. The professional will collaborate closely with areas such as Treasury, Risk Management, Products, Cooperatives, Central Entities, Audits, and other departments involved in managing the institution’s financial exposures. We seek an analytical, curious individual with interest in the financial market, capable of navigating between technical and business topics, and eager to contribute to the continuous improvement of organizational processes and controls. If you identify with our purpose, join us! **Responsibilities and Duties** * Lead and support Hedge Accounting governance for Cooperatives and Banco Sicredi. * Prepare and review Hedge Relationship Designation Memoranda, ensuring compliance with applicable regulatory and accounting requirements. * Develop and monitor prospective and retrospective effectiveness tests for hedge accounting transactions. * Continuously monitor compliance of hedge structures with current regulatory criteria. * Participate in implementing new hedge strategies and expanding the process to new products and financial exposures. * Interact with Treasury, Risk Management, Products, Cooperatives, Central Entities, and other stakeholders involved in hedge structure management. * Propose improvements, automations, and enhancements to processes, controls, and tools used in hedge structure management. * Prepare technical materials, metrics, and executive reports related to the process. **Requirements and Qualifications** * Bachelor’s degree in Accounting, Business Administration, Economics, Engineering, or related fields. * Knowledge of financial accounting and regulations applicable to the financial market. * Intermediate or advanced Excel proficiency. * Analytical capability to interpret data, financial transactions, and accounting impacts. * Strong communication skills and ability to engage effectively with diverse departments and stakeholders. * Organized profile, detail-oriented, and focused on risk mitigation and compliance. * Interest in the financial market, financial products, and risk management. * Mindset oriented toward continuous improvement, innovation, and process automation. * Curiosity, autonomy, and willingness to handle technical and challenging topics. **Desirable:** * Experience in financial institutions authorized to operate by the Central Bank of Brazil. * Knowledge of Hedge Accounting and IFRS 9. * Understanding of financial instruments and derivatives. * Knowledge of market risk, liquidity risk, or interest rate risk management. * Experience preparing effectiveness tests and documenting hedge relationships. * Knowledge of financial instrument accounting. * Familiarity with SAP S/4HANA. * Knowledge of Power BI, Databricks, or other data analytics tools. * Proficiency in SQL and Python. * Financial market certifications (CPA-20, CEA, CGA, CFA, FRM, or similar). * Knowledge of Credit Cooperativism. * Postgraduate degree, MBA, or Master’s in Finance, Financial Markets, Accounting, Controlling, or related fields. **Additional Information** At the **Sicredi Administrative Center (CAS)**, for positions in business areas, we adopt a hybrid work model consisting of 3 days on-site at our headquarters located at Av. Assis Brasil, 3940, São Sebastião, Porto Alegre/RS, and 2 days remote. For Tech area positions, we adopt a fully remote model. \_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_ At **Sicredi**, you’ll enjoy: 14th and 15th fixed salaries; Profit-sharing (based on seniority); Health and dental plans with no co-payment; Well-being programs via Wellhub (formerly Gympass), including Nutrition, Psychology, Occupational Health, Massage, Running Group, and local gym access; Meal and Food Allowance – with flexible % allocation across VA/VR cards, no co-payment; Extended maternity and paternity leave; Childcare or babysitter allowance for children up to 6 years and 11 months; Allowance for children with disabilities, with no age limit; Life insurance; Private pension plan up to 8% of salary; Training platform – Sicredi Aprende, offering numerous courses; 40-hour weekly workload – using a time-banking system; Remote Work Allowance (except for positions requiring 100% on-site work). **Nice to meet you — we are Sicredi.** Our journey began over 120 years ago as Brazil’s first cooperative financial institution. Today, we continue growing and transforming daily alongside **over 50,000 employees**. They make us the **Best Place to Work**, once again ranked #1 by Great Place To Work Brazil (GPTW). Together with **over 10 million members** across all Brazilian states, we believe in the power of cooperation to **build a more prosperous society and generate positive impact in people’s lives** — a purpose that unites and inspires us, promoting local and sustainable development, education, and financial inclusion. We continue seeking talents who wish to help build a better world — and we want you on board. **\#JoinSicredi!**

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João Silva

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João Silva

Indeed · HR

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