The ad says“The ideal candidate brings expertise in derivative hedge accounting within a multinational environment and experience in or a passion for financial markets”
The ad says“Demonstrated history of identifying, proposing, and implementing process improvements across financial reporting and close processes required”
The ad says“Knowledge of U.S. GAAP required”
Values
The ad says“Experience in Reval, Oracle Cloud, and Hyperion preferred”
The ad says“Experience in Reval, Oracle Cloud, and Hyperion preferred”
The ad says“Experience in Reval, Oracle Cloud, and Hyperion preferred”
The FX and Rates team plays a key role in supporting Equinix’s rapid international growth
Operating in over 30 countries and generating the majority of our earnings outside the U.S., we face complex foreign currency environments as we expand globally
To enable scalable solutions for cash flow predictability, earnings protection, and equity risk reduction, we actively manage foreign exchange exposure through the use of FX derivatives
Our growth, combined with the capital-intensive nature of our business and our REIT structure, requires frequent access to debt and equity markets
To mitigate the interest rate risk associated with this ongoing funding activity, we utilize interest rate derivatives
In this role, you will be a critical part of our treasury team involved in shaping and managing Equinix’s global foreign currency and interest rate hedging strategy, with a particular focus on accounting
You will have opportunities to develop and partner with capital markets, corporate development, FP&A, investor relations, tax, legal, and accounting internally
Externally, your stakeholders would include external legal providers, investment banks, auditors, and consultants
Identify foreign exchange and interest rate exposures, use derivatives and other hedging strategies to manage exposures, and support the accounting and reporting of the hedging programs
Negotiate terms and execute trades with banking counterparts
Maintain and manage the trade repository, ensuring completeness, accuracy, and proper classification of all derivative transactions
Perform month-end close activities including valuation of derivative instruments, preparation of journal entries, and GL account reconciliations
Lead the preparation and review of 10-Q and 10-K sections related to the company’s hedging programs, ensuring accuracy, clarity, and appropriate detail in communicating their impact on financial performance
Collaborate with IT on various data integration and automation projects, propose and design streamlined processes, look for continuous improvement opportunities
Serve as a key partner to Accounting, SEC Reporting, and both internal and external audit teams to ensure compliance with US GAAP, adherence to SOX controls, and timely fulfillment of audit requests
Preferred experience
The ideal candidate brings expertise in derivative hedge accounting within a multinational environment and experience in or a passion for financial markets
Highly collaborative temperament with superb attention to detail and proven communication skills
Public accounting experience a plus
Demonstrated history of problem-solving skills and a tendency to take initiative
Knowledge of U.S. GAAP required
Experience in Reval, Oracle Cloud, and Hyperion preferred
Demonstrated history of identifying, proposing, and implementing process improvements across financial reporting and close processes required
A strong interest in finance is required to effectively understand the economics of derivatives transactions and associated accounting practices
3+ years of experience in derivative accounting or a related field
Bachelor’s degree in Accounting, Finance or related discipline. A Master’s degree is a plus
