Senior Accountant II, Devrivatives

Great vacations begin with great employees! 

Combine your experience and sense of adventure by joining our exciting team of employees in Miami, Fl.  Royal Caribbean Cruises Ltd. is pleased to offer a competitive compensation & benefits package, and excellent career development opportunities, each offering unique ways to explore the world.  

Position Summary:

This position is responsible for working with the Manager of Derivatives Accounting in the financial reporting of Royal Caribbean's derivative instruments and for executing the company's hedge accounting program in accordance with relevant accounting literature (ASC 815 Derivatives and Hedging). This process involves completing the monthly close process, performing periodic hedge effectiveness testing and preparing relevant disclosures for the company's SEC filings. This position will also perform a combination of the following duties including the development/drafting of derivative accounting position papers and presenting derivatives accounting matters to the company's Hedge Committee or other members of upper management.

Career Snapshot:

• Responsible for the implementation of relevant hedge accounting literature (ASC 815 and ASC 820) / Sarbanes Oxley internal controls/ and the Royal Caribbean Hedge Policy in accounting for the company's hedge accounting program
• Applies advanced accounting concepts to draft and maintain hedge accounting documentation which describes in technical detail the company's hedge strategy and hedge testing processes
• Generates and interprets statistical analysis required to initiate and continuously determine hedge accounting
• Performs technical accounting research to conclude on and write position papers regarding the accounting treatment for current and suggested hedge transactions
• Provides technical accounting support and presents to upper management and/or the Hedge Committee as it relates to derivatives and hedge accounting
• Determines and generates the proper periodic accounting for derivative transactions from inception to maturity
• Prepares and analyzes internal management reports for the accounting impact of the company's derivative financial activity
• Produces the statement of cash flows specific to derivatives activity on a quarterly basis
• Generates derivative financial statement disclosures on derivative instruments and hedge accounting for the company's SEC filings (10-K and 10-Q)
• Prepares and analyzes monthly balance sheet reconciliations to identify and ensures timely resolution of outstanding items
• Prepares quarterly balance sheet and income statement variance analytics for derivatives activity

Requirements:

• Certified Public Accountant (CPA) in active and good standing
• Minimum 6 years of Accounting experience (at least three years of recent public accounting with a Big 4/national public accounting firm)
• Bachelor's degree in Accounting required. Post graduate degree in Accounting or an MBA with an Accounting specialization preferred
• Knowledge of accounting for derivatives and hedge accounting; and related disclosures (ASC 815 and ASC 820)
• Work experience with statistical analysis (i.e. regression analysis) the interpretation of such

Thank you for your interest in this role. Royal Caribbean Cruises Ltd. is the world's second largest cruise company, operating under Royal Caribbean International, Celebrity Cruises and Azamara Club Cruises brands. These brands offer an array of onboard activities, services and amenities, including simulated surfing, swimming pools, sun decks, beauty salons, exercise and spa facilities, ice skating rinks, in-line skating, basketball courts, rock climbing walls, miniature golf courses, gaming facilities, lounges, bars, Las Vegas-style entertainment, cinemas and Royal Promenades, which include interior shopping, dining and an entertainment boulevard.

Join our team as our Accountant II, Sr Derivatives.  Once you click to apply below, it will take you 10-15 mins to complete our application, which will help us better qualify your candidacy.   If you are being considered for this position you will hear back from us within the next 30-60 days.  During this time, you can view your application status on our career site.  

Join us at Royal Caribbean Cruises Ltd., where great vacations begin with great employees!

RCL is an Equal Employment Opportunity employer.

Job: Accounting
Primary Location: United States-Florida-Miami
Schedule: Full-time
Shift: Day Job
Employee Status: Regular