Accounting for, measuring, and managing currency risk for small to early-enterprise companies.
As companies grow their global operations, they can create both transaction and translation currency risk for the U.S. parent company. Exposures can be the result of foreign currency-denominated payables, receivables, or paid-in capital to subsidiaries. Join us as we host the currency risk management experts from Corpay to speak to our community on a topic that has become more important as businesses expand their teams globally in a remote-first world.
We’ll discuss accounting treatment for foreign exchange denominated transactions and capital, general suggestions for how to measure the risk, and some of the tools that companies can use to manage that risk. Understanding your currency exposure and options to manage it can help you avoid unexpected impacts on your bottom line.
- Understand how to identify different types of currency exposure.
- Understand how to measure currency exposure.
- Understand how to account for foreign currency transactions.
About the speakers.
VP, Currency Risk Analytics at Corpay
Jim has 20+ years in foreign exchange risk management, including building state-of-the-art FX risk management programs for both SMEs and Fortune 500 companies, such as Sealed Air, Bobcat, and CommScope. Additionally, Jim has experience as a fintech entrepreneur, developing FX risk management software solutions for global companies.
CFO at Airbase
Aneal Vallurupalli is the Chief Financial Officer at Airbase. His background includes early- to late-stage corporate finance, corporate development, operations, and tech M&A. Most recently, Aneal was the Vice President of Finance & Operations at Mattermost, where he still serves as an advisor. At Mattermost, Aneal grew the company’s enterprise value, with a 4x increase in revenue growth and by leading the $50M Series B. He also managed the company’s fully distributed global growth by doubling the number of countries it operates in, and growing employee count by 5x. Prior to that, he was the Head of Strategic Finance at Mapbox, where he led the company’s $164M Series C round of funding from SoftBank, and was the founding member of the Corporate Development team at Guidewire (NYSE:GWRE), helping it to grow from a $800M private company to a $7B public company. His career began in technology investment banking at Union Square Advisors, completing a range of public and private M&A transactions, including buy-side, sell-side, corporate divestitures, and restructurings.