Treasury Manager, Derivative Accounting

Treasury Manager, Derivative Accounting

Job Summary

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 – driven by both organic expansion and M&A – 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 responsible for managing the end-to-end derivative hedge accounting processes and the period-end close. You will have the opportunity to problem-solve and drive process improvements that support Equinix’s continued growth. Your work will be essential in optimizing workflows and ensuring our operations scale effectively with the business. The ideal candidate brings expertise in derivative hedge accounting within a multinational environment and will contribute to accurate financial reporting and presentation. This role collaborates closely with teams across Accounting, Corporate FP&A, Tax, and other key business units.

Responsibilities

• Perform month-end close activities including valuation of derivative instruments, preparation of journal entries, and GL account reconciliations

• Execute hedge accounting tasks such as the documentation of hedge relationships and effectiveness testing

• Maintain and manage the trade repository, ensuring completeness, accuracy, and proper classification of all derivative transactions

• 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

• Identify, recommend, and implement scalable accounting processes to support global growth

• 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

Qualifications

• Demonstrated history of identifying, proposing, and implementing process improvements across financial reporting and close processes required

• Knowledge of U.S. GAAP required

• Public accounting experience a plus

• Experience in Reval, Oracle Cloud, and Hyperion preferred

• Highly collaborative temperament with superb attention to detail and proven communication skills

• A strong interest in finance is required to effectively understand the economics of derivatives transactions and associated accounting practices

• Bachelor’s degree in Accounting, Finance or related discipline. A Master’s degree is a plus

• 5+ years of experience in derivative accounting or a related field