Treasury Accounting Senior Manager/ Manager (Bangkok based, relocation provided)

1 нед. назад

ThailandWorldwideSenior

foreign exchange accountinghedge accountingfinancial controlsderivativesaccounting

Responsible for managing foreign exchange accounting, derivatives, hedge accounting, and financial controls in a multinational finance team.

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At , we bridge the world through travel. Our story began in 2005, when two lifelong friends and entrepreneurs, driven by their passion for travel, launched to make it easier for everyone to explore the world.  
 
Today, we are part of Booking Holdings [NASDAQ: BKNG], with a diverse team of over 7,000 people from 90 countries, working together in offices around the globe. Every day, we connect people to destinations and experiences, with our great deals across our millions of hotels and holiday properties, flights, and experiences worldwide.
 
No two days are the same at . Data and technology are at the heart of our culture, fueling our curiosity and innovation. If you’re ready to begin your best journey and help build travel for the world, join us.
The Opportunity  
We are looking for an FX Controller to join our Finance team in Bangkok. This role is ideal for an experienced accounting professional with strong technical knowledge of foreign exchange, derivatives, hedge accounting and financial controls in a complex multinational environment.  
You will own the accounting and controllership framework for foreign-currency transactions and exposures across multiple entities, currencies and jurisdictions. This includes FX revaluation, realized and unrealized gains and losses, derivatives, hedge-related accounting, foreign-currency intercompany transactions, exchange-rate governance and the reconciliation of Treasury systems to the general ledger.  
You will be responsible for ensuring that FX accounting outcomes are complete, accurate, explainable and compliant with applicable accounting standards and internal policies. You will also provide clear analysis of material FX movements, identify unexpected exposures or accounting outcomes, and coordinate their resolution with Treasury, Controllership, Tax, Finance Systems and other Finance teams.  
Beyond close and reporting ownership, you will help establish a scalable FX accounting operating model. This includes strengthening controls, improving exposure and hedge visibility, automating reconciliations and ensuring that the economic intent of Treasury activity is reflected appropriately in the financial statements.  
This is a high-impact role for someone who enjoys combining technical accounting, FX and derivatives expertise, financial controllership, data analysis and cross-functional leadership.  
In This Role, You'll Get To  
FX Accounting and Close Ownership  
Own the end-to-end accounting for foreign-currency transactions, balances, exposures and Treasury-driven FX activity across multiple entities and ledgers.  
Manage monthly,  quarterly  and annual FX close activities, ensuring that all relevant transactions, valuations,  revaluations  and accounting adjustments are recorded accurately and on time.  
Review and approve FX-related journal entries, including realized and unrealized gains and losses,  balance-sheet  revaluations, derivatives,  settlements  and hedge-related entries.  
Ensure the correct treatment of transaction currency, functional currency, reporting  currency  and source-currency amounts throughout the accounting process.  
Review FX results across the income statement, balance  sheet  and other comprehensive income, where applicable, and explain material movements to senior Finance stakeholders.  
Perform reasonableness and trend analysis of FX gains and losses against exposures, market-rate movements, hedging activity, prior  periods  and forecasts.  
Investigate unexpected FX volatility, unusual source-currency balances, duplicated or missing entries, incorrect exchange  rates  and other accounting exceptions.  
Maintain clear visibility over outstanding FX close items, owners,  financial impact  and expected resolution dates.  
Derivatives and Hedge Accounting  
Oversee the accounting for FX derivatives, including forwards, options,  swaps  and other instruments used to manage foreign-currency risk.  
Review derivative valuations, settlements, premiums,  accruals  and related general-ledger postings.  
Assess and document the  appropriate accounting  treatment for new or non-routine FX and derivative transactions.  
Support or oversee hedge designation, hedge documentation, effectiveness  assessments  and the ongoing accounting for qualifying hedging relationships.  
Ensure  accurate  presentation of hedge results between the income statement, balance  sheet  and other comprehensive income, where applicable.  
Monitor non-designated or non-qualifying hedges and ensure that their accounting impact is accurately tracked and explained.  
Review hedge discontinuations, modifications, rollovers, early  settlements  and ineffectiveness for  appropriate accounting  treatment.  
Support quarterly  derivatives  disclosures, group reporting, regulatory or survey submissions and audit requirements.  
FX Exposure and Balance-Sheet Control  
Develop and  maintain  a complete view of material foreign-currency monetary assets, liabilities,  commitments  and intercompany exposures.  
Reconcile FX exposure information between Treasury systems, bank data, subledgers, consolidation  systems  and the general ledger.  
Review foreign-currency cash, bank, receivable, payable, loan, cash-pool and intercompany balances for completeness and  appropriate revaluation .  
Oversee the accounting for foreign-currency intercompany funding, settlements, service  charges  and other cross-border transactions.  
Ensure approved exchange rates are applied consistently, including spot rates, month-end rates, average rates, historical  rates  and fixed intercompany rates where required.  
Challenge unexplained or unhedged exposures and work with Treasury and Finance teams to  determine  whether they arise from genuine economic positions, timing differences, missing  transactions  or accounting errors.  
Establish investigation and escalation thresholds for material FX differences and unresolved reconciliation items.  
Ensure significant FX-related  balance-sheet  accounts are reconciled,  reviewed  and signed off within the close timetable.  
Exchange-Rate Governance and Data Quality  
Own or oversee the governance of exchange rates used in ERP, Treasury,  consolidation  and reporting systems.  
Validate that approved rates are complete,  accurate ,  timely  and consistently applied across entities and accounting processes.  
Monitor interfaces between   systems,  market-data  sources, ERP  platforms  and  relevant  tools.  
Investigate differences caused by incorrect rates, stale data, currency  mapping  or system configurations.  
Partner with Finance Systems and Treasury teams to improve the reliability and traceability of data.  
Maintain appropriate evidence and  approval  records for rates, valuations, adjustments and system-generated entries.  
Financial Reporting and Management Analysis  
Deliver  accurate  and  timely  FX accounting results for management,  treasury,  group  consolidation  and statutory reporting.  
Prepare clear explanations of material movements, distinguishing between operational exposure, translation effects, revaluation, hedging results, settlement  timing  and accounting corrections.  
Partner with FP&A and Finance Business Partners to explain actual FX outcomes against forecast or budget assumptions.  
Support the preparation and review of  financial-statement  disclosures relating to foreign currency, derivatives, financial  instruments  and risk management.  
Provide  accounting insight  to  Treasury on the potential financial-statement implications of proposed transactions or hedging strategies.  
Support senior management and group reporting queries relating to FX volatility, exposure, hedging  performance  and  balance-sheet  movements.  
Controls, Compliance and Audit  
Design and  maintain  a robust internal-control framework for FX accounting, valuation, journal entries, reconciliations,  rates  and hedge-related processes.  
Ensure FX accounting processes  comply with  corporate policies, SOX requirements and applicable accounting guidance, including US GAAP where relevant.  
Maintain audit-ready documentation supporting FX exposures, exchange rates, valuations, accounting  conclusions  and hedge relationships.  
Partner with internal and external auditors on FX accounting, derivative valuation, hedge  accounting  and control-testing requirements.  
Identify  control gaps, recurring  exceptions  and financial-reporting risks, and implement practical remediation plans.  
Ensure  appropriate segregation  of duties between transaction execution, confirmation, valuation, accounting,  reconciliation  and approval.