Overview
Derivatives Accountant Jobs in Doha at Metro Services Ltd LLC (Branch)
Metro Services is a forward-thinking financial services firm specializing in investment strategies, risk management, and global trading solutions. Based in Doha, Qatar, we provide our clients with expert advice and cutting-edge financial services. Our team is dedicated to driving excellence, innovation, and long-term value, and we offer an inclusive, collaborative environment where professionals can thrive and advance their careers.
Position Overview
Metro Services is seeking a highly motivated Derivatives Accountant to join our finance team. In this role, you will be responsible for managing and accounting for all derivatives transactions, ensuring compliance with financial regulations, and contributing to the accurate reporting and analysis of the firm’s financial positions. This is a great opportunity for a detail-oriented and driven professional with experience in accounting for complex financial instruments to contribute to a growing and dynamic organization.
Key Responsibilities
- Account for and reconcile all derivatives transactions, including swaps, futures, options, and forwards, ensuring accuracy and compliance with accounting standards.
- Prepare journal entries and balance sheet reconciliations related to derivative positions.
- Monitor and analyze the performance of derivatives positions, providing insights into potential risks and rewards.
- Collaborate with risk management and trading teams to ensure proper documentation and execution of derivative trades.
- Prepare financial reports related to derivatives, including P&L analysis, mark-to-market valuations, and hedge accounting reports.
- Ensure compliance with all regulatory requirements, internal policies, and industry standards in relation to derivatives accounting.
- Assist with the preparation of financial statements, ensuring proper presentation of derivatives and hedging activities.
- Support the audit process by providing accurate and timely information regarding derivatives transactions and positions.
- Participate in the development and implementation of accounting procedures for new financial products and derivatives.
- Stay updated with changes in accounting regulations (IFRS, GAAP) and market practices concerning derivatives.
Qualifications
- Bachelor’s degree in Accounting, Finance, or a related field.
- Minimum of 3-5 years of experience in accounting for derivatives or financial instruments in a banking, asset management, or financial services firm.
- In-depth knowledge of derivatives accounting, financial instruments, and related risk management practices.
- Strong understanding of IFRS, GAAP, and other relevant accounting standards.
- Experience with financial software and trading platforms (e.g., Bloomberg, Reuters, and ERP systems).
- Advanced proficiency in Microsoft Excel (including pivot tables, financial modeling, and advanced formulas).
- Excellent attention to detail, analytical skills, and the ability to handle complex financial data.
- Strong communication and interpersonal skills, with the ability to work collaboratively across teams.
- Fluency in English (Arabic is a plus).
- Ability to work under pressure and meet tight deadlines.
Why Metro Services?
- Competitive salary and performance-based incentives.
- A comprehensive benefits package, including health insurance, retirement plans, and paid time off.
- Opportunity to work with a team of talented and motivated professionals in the finance industry.
- Dynamic and fast-paced work environment that encourages innovation and professional growth.
- Exposure to a variety of financial markets and investment strategies, including derivatives and complex financial instruments.
- A culture that values integrity, collaboration, and continuous learning.
How to Apply
If you are a qualified Derivatives Accountant with a passion for financial markets and risk management, we encourage you to apply. Please submit your updated resume along with a cover letter outlining your experience and why you would be a great fit for the position.
الراتب المدفوع: QAR٢١٠٬٠٠٠٫٠٠ لكل عام
موقع العمل: بشكل شخصي
Title: Derivatives Accountant
Company: Metro Services Ltd LLC (Branch)
Location: Doha