ers, change management activities: such as business re-organization, legal entity changes, various IT projects (ERP development) and external & internal audits.
Financial planning and reporting (FP&A) activities, which includes working closely with operational leaders and other finance teams to create a plan for headcount, functional cost, foreign exchange exposure, inventory related items (such as logistics cost) and analyzing the results to make sure that Supply Chain/Base Cost organization is meeting its commitments.
Inventory related analytics, such as inventory valuation including FIFO and Intercompany profit (ICP), Obsolescence calculation, inventory modification and scrap process ownership, inventory surplus/deficit review and support internal/external audits. Standard costing / Sourcing related financial support and analytics, driving projects which are targeting a more transparent income statement reporting structure and create consistency across the different units.
Finance IT team's responsibility is the ERP Finance support of Alpha ERP (Oracle) and Powermax (SAP). This includes system support, report and data quality management by maintaining ERP setups, data integrity and cutover support for deployments (Customer/vendor creation, extension, data quality analysis) and closing and reconciliation tasks
Trade Finance, Letter of Credit (LC): discovery of this secure payment method used in international trade, connecting externally with banks, logistics and other service providers and internally with GE Regional Teams worldwide and with Order Management and Cash Application Teams, check compliance with LC process, latest date of shipment follow-up, daily distribution of LC related information to stakeholders, contribute to cash collection from LCs
WE NEED YOU TO HAVE:
Ongoing studies (Finance/Accounting specialization preferred)
Basic financial knowledge (Balance sheet/Income statement/Cash flow)
Active student enrollment (preferably for more than one year)
24-40 hours per week working availability
Fluency in English (additional Hungarian knowledge preferred)
Strong user level MS office skills
Ability to learn and adapt
Good communication skill and team player attitude
Ability to work in Hungary: Successful applicant will be legally eligible to enter into an employment relationship under the laws of Hungary
WE WILL PROVIDE YOU:
Exciting programs to develop yourself and get to know others in the company
Flexible location (Budapest/ Veresegyház, fix or flexible desk)
Rotations in different finance areas
Leadership presence/exposure (CFO staff pitch out after rotation)
Wellbeing culture: Healthcare Service, cafeteria, life coaching and other services
Work with and learn from subject matter experts
Wing to wing ownership on projects
Thesis writing support
Successful applicant will be legally eligible to enter into an employment relationship under the laws of Hungary.
Relocation Assistance Provided: No