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Senior Analyst Financial Risk Management

Date: Nov 22, 2018

Location: Montreal Downtown, QC, CA

Senior Analyst Financial Risk Management-TGFI-CAMO01808058

Description

SeNIOR ANALYST, FINANCIAL RISK MANAGEMENT

REQUISITION NUMBER: TGFI-CAMO01808058

About Bombardier Transportation

Bombardier Transportation is a global leader in rail technology and offers the broadest portfolio in the industry. It covers the full spectrum of rail solutions, ranging from trains to sub-systems and signalling. The company also provides complete transport systems, e-mobility technology and maintenance services. As an innovation driver, Bombardier Transportation continuously breaks new ground in sustainable mobility. It provides integrated solutions that create substantial benefits for operators, passengers and the environment. Headquartered in Berlin, Germany, Bombardier Transportation employs around 39,850 people and its products and services operate in over 60 countries.

Description

Based in Montreal, Quebec, you will ensure that the Financial Risks of the group are correctly identified, reported, hedged and accounted for, in accordance with policies, directives, accounting principles in place.

In your role you will:

Provide analysis and support regarding FX risk in bid phase, by assisting bid controllers and coordinating with Structure Finance, Tax, Contracts, Procurement and Sales;

Support other business partners with decisions regarding financial risks: FX, commodity, interest or credit risk;

Request derivative contracts based on all cash flows reported in FX Planner tool, including initial hedges and rolling of hedges, spot transactions, and Fair Value hedges for BTFS and for Bombardier Aerospace (BA);

Identify appropriate hedging strategies, request their implementation, and ensure proper and timely implementation of hedge requests;

Systematically track exposure against hedges to minimize under or over hedging. Monitor legal entities bank balances and correct errors in a timely manner;

Enforce policies and procedures to minimize impact on financial results due to FX volatility;

Support business partners in Finance with Hedge Accounting: Calculate the respective accounting entries and ensure reconciliation with local accounting as well as contract accounting if applicable;

Prepare regular reports on Financial Risk at Bombardier Transportation (BT) and Bombardier Aerospace (BA): Potential Loss Report, Forecast FX of (BA), amongst others;

Schedule, coordinate and provide regular training on Financial Risk policies, processes, accounting principles, and tools including Quantum;

Support local management in formulating appropriate action plans to address gaps related to financial risk and accounting practices for FX;

Ensure compliance with OSC, CASRA and all applicable accounting principles: Maintain directives, Desktop-procedure and User-guides up to date;

Ensure compliance with internal policies, directives and procedures, as well as any Service Level agreement in place.

Qualifications

As our ideal candidate:

- You hold a Finance degree, Chartered Financial Analyst, accountant or any other relevant Finance or Accounting qualification;
- You have five (5) years of relevant experience in Treasury departments in quantitative and analytical role, in a Corporate setting or at a Financial Institution;
- You own a strong knowledge of FX transaction risk, hedging strategies and hedging instruments used to cover this risk;
- You have good knowledge of hedge accounting norms in particular IAS 39 and IFRS9;
- You hold a basic knowledge of interest rate risk and commodity risk, hedging strategies and hedging instruments used to cover this risk;
- You own ability to work and communicate well in the context of a multinational and truly multicultural firm with a matrix organizational structure;
- You possess some project management and improvement skills;
- You hold advanced skills in EXCEL, including proficiency to work with macros, statistical tools, and large amounts of data;
- You hold knowledge of SAP (considered an asset);
- You have excellent English and communication skills, both written and spoken, and good Knowledge of French (considered as an asset).

We thank all applicants for their interest; however, only those under consideration will be contacted.

Join us at careers.bombardier.com

Your ideas move people.

BOMBARDIER

Job: Financial Analysis
Primary Location: CA-QC-Montreal Downtown
Organization: Transportation
Schedule: Full-time
Employee Status: Regular

Job Posting:
22.11.2018, 10:22:40 AM

Unposting Date
Ongoing


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