Key Responsibilities

1. Hedge Accounting System & Process Development

• Design and develop hedge accounting workflows, policies, procedures, and internal controls in accordance with IFRS 9 / IAS 39.
• Support the development, testing, and implementation of hedge accounting modules within the companys accounting/ERP systems.
• Continuously review and enhance hedge accounting processes to improve efficiency and accuracy.
• Perform other tasks as assigned by Management.

2. Hedge Accounting Operations

• Manage and monitor physical commodity contracts, including purchase contracts, sales contracts, price fixation mechanisms, terminal months, and delivery terms.
• Track, record, and manage commodity futures contracts from trade execution through daily margining, fair value remeasurement, roll-over, and maturity/settlement.
• Match hedged items with hedging instruments, ensuring proper alignment between physical exposures (inventory, physical contracts) and futures positions designated under Fair Value Hedge accounting.
• Perform monthly hedge accounting entries, including fair value adjustments related to inventory and physical commodity contracts.
• Work closely with the Supply Chain Management (SCM) department to understand hedging strategies and ensure timely and accurate accounting for hedging transactions.
• Improve and optimize the operational efficiency of the hedge accounting system.
• Prepare hedge accounting documentation, analyses, and reports for auditors, management, and internal stakeholders.
• Perform other duties as assigned by Management.

Qualifications

Education

• Bachelors degree or higher in Accounting, Auditing, Finance, or a related field.
• Minimum 3–5 years of specialized experience in Financial Accounting, Auditing, Derivative Accounting, or Risk Management.

Knowledge Requirements

Mandatory:

• Strong knowledge of IFRS, particularly IFRS 9 / IAS 39.
• Solid theoretical understanding of Hedge Accounting, including both Fair Value Hedges and Cash Flow Hedges.
• Knowledge of commodity markets, especially coffee price risk, and experience with commodity futures trading mechanisms.

Preferred:

• Experience in the development, implementation, or enhancement of hedge accounting systems.
• Practical experience in applying Fair Value Hedge Accounting.
• Skills & Competencies
• Ability to build, operate, and maintain complex valuation and hedge effectiveness testing models using Excel or specialized systems.
• Strong analytical and problem-solving skills.
• Excellent documentation and reporting skills.
• Strong communication skills and ability to collaborate cross-functionally.
• Team management and coordination skills.
• English: Good command of both written and spoken English.

Benefits

• Full-salary social insurance contribution (in accordance with regulations)
• 17 days of annual leave per year
• 13th-month salary and performance-based bonus
• Periodic health check-ups
• Company trips
• Company shuttle bus on the following routes: Vung Tau, Ngai Giao, Long Thanh

Working Time

• Office hours: 8:00 AM – 5:00 PM (Monday to Friday)