
Managing Foreign Currency Fluctuations
1 day ago
The Foreign Exchange Risk Analyst plays a critical role in managing our exposure to foreign currency fluctuations across multiple currencies.
Key Responsibilities- FX Risk Management: Track and manage the company's foreign currency exposure across all markets and suppliers.
- Obligation Forecasting: Maintain accurate forecasts of incoming and outgoing foreign currency flows to support cash flow planning and risk management.
- Hedging Strategy: Work with the CFO and VP Finance on appropriate hedging strategies (e.g. forward contracts, natural hedging) to minimize FX risk in line with the company's risk tolerance.
- Reconciliation & Reporting: Reconcile FX transactions and provide regular reporting on FX exposures, gains/losses, and hedging performance.
- Bank & Partner Management: Maintain relationships with financial institutions to ensure competitive rates and service levels.
- Compliance: Ensure all FX activities comply with internal policies, accounting standards, and regulatory requirements.
Requirements:
- A degree in Finance, Accounting, Economics or related field is required.
- Strong knowledge of foreign exchange markets, financial instruments and hedging techniques are essential.
- At least 3 years of experience working with multi-currency environments—ideally in the travel or tourism industry.
- Proficient in Excel and financial modeling; experience with treasury management systems is a plus.
- Strong analytical, problem-solving and communication skills are necessary for this role.
- Attention to detail with a proactive, hands-on approach is vital for success.
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