Hedge Accounting Documentation Partner

The mandate

This twelve-month commission will create a controlled hedge-accounting documentation and effectiveness framework. The project begins where economic risk decisions and executed instruments must be translated into accounting designations that are timely, specific and reproducible. It does not determine risk appetite, execute hedges, value derivatives or manage treasury operations.

The Consulting Partner will deliver a relationship inventory, eligibility decision tree, designation template, risk-component and hedge-ratio methodology, effectiveness assessment protocol, discontinuation decision guide, journal-and-disclosure bridge, test suite and owner handbook. Each designated relationship must be traceable from approved risk objective and executed terms to accounting treatment and period movement.

Six milestones apply: scope and sample acceptance by 20 November 2026; diagnostic by 15 January 2027; documentation design by 12 March; assessment and accounting bridge by 14 May; parallel reporting test by 16 July; final owner acceptance by 10 September. The Group Controller accepts milestones after nominated accounting, treasury and control owners record review.

Final acceptance requires internal owners to document selected new relationships before the relevant cut-off, assess effectiveness using approved inputs, process a seeded rebalance or discontinuation event, and reconcile resulting entries and disclosures. Any late designation, unsupported risk component or unexplained movement classed as critical must close before handover.

Management provides approved risk policies, executed instrument data, hedged-item evidence, valuation outputs, transaction decisions and responsive owners. The consultant controls deliverable quality and testing; management retains designation decisions, valuations, postings and representations. Economic hedging strategy, dealing, valuation opinion, platform configuration and tax treatment remain out of scope.

What you will own

• Map proposed and existing relationships against eligibility, documentation timing and recurring evidence requirements.
• Design designation records that identify risk objective, hedged item, instrument, risk component, ratio and assessment method.
• Establish prospective and ongoing assessment procedures proportionate to relationship characteristics and sources of ineffectiveness.
• Define accounting treatment for effective and ineffective amounts, rebalancing, discontinuation and subsequent reclassification.
• Build a movement bridge linking valuation inputs, reserves, income-statement effects and disclosures.
• Pilot the framework through new, continuing and changed relationships with seeded exceptions.
• Train named owners and assess their independent performance before final acceptance.
• Enforce change control for treasury strategy, dealing, valuation, technology or tax requests.

Candidate qualifications

• Demonstrate leadership of IFRS 9 or ASC 815 hedge-accounting design beyond routine close processing.
• Describe a relationship that failed eligibility or documentation timing and how you managed the accounting consequence.
• Show how you specified a risk component, hedge ratio and effectiveness method from actual economic evidence.
• Evidence accounting for rebalancing, discontinuation and reserve reclassification through a controlled bridge.
• Provide a parallel test in which an internal owner identified a deliberately seeded designation defect.
• Explain how you governed valuation and treasury inputs without assuming their responsibilities.
• Show fixed-fee scope discipline when execution or platform work was requested.

Working terms and boundaries

• The fee covers twelve months at four days weekly and six milestone packages with formal review windows.
• Acceptance rests with the Group Controller after successful internal execution and closure of critical defects.
• Management owns economic objectives, designation approvals, valuation inputs, production entries and representations.
• Treasury strategy, dealing, valuation opinion, platform configuration and tax are excluded deliverables.
• Dependency and scope changes require written impact agreement before dates or fee change.

Application

Applications for this mandate are received in one way only: through the India Board Terminal's application process. It is automated end to end. Your Executive Passport travels to the mandate holder in its confidential form, your answers to the three questions below are read before anything else in your file, and every stage that follows is recorded on your applications page.

There is no address to write to and no intermediary to call. The mandate holder reads what the Terminal delivers and nothing else, which is what keeps the process the same for every applicant and keeps your name out of it until you release it. Applications close on 12 October 2026. Mandate reference FNA-CON-2026-WAW-32.