PowerMax Lead Finance Analyst

GE Vernova

5

(23)

Remote

Why you should apply for a job to GE Vernova:

  • 5/5 in overall job satisfaction
  • 4.9/5 in supportive management
  • 100% say women are treated fairly and equally to men
  • 100% would recommend this company to other women
  • 100% say the CEO supports gender diversity
  • Ratings are based on anonymous reviews by Fairygodboss members.
  • Build your network and connect with other GE employees for professional development via our seven Affinity Networks.
  • We empower our people through coaching and feedback, our talent development philosophy, and even our customizable benefits programs.
  • GE offers many healthcare options; 401(k) plan; tuition reimbursement; adoption resources; employee assistance; and recognition programs.
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    Position summary

    (e.g., revenue recognition, journal entries, etc.)

    • Maintain strong connection with operations to validate contract data (project cost, invoicing), prepare financial output, and communicate to Project Managers, and broader finance community

    • Support operations by approving credit notes, recording bad debt and bonus/liquidated damages

    • Review and reconcile periodic balance sheet accounts related to projects & prepare and present monthly balance sheet reviews

    • Actively participate in contract handover reviews from Inquiry to Order (ITO), to Order to Remittance (OTR) i.e., T&C clarifications, project setup, payment security, hedging evaluation, etc.

    • Perform Margin Review calculations to enable ITR (Inquiry to Remittance) Services Finance to work with Project Managers to optimize the performance of the contracts

    • Download & prepare SONIC data as part of the pacing process for validation with Operations

    • Possess detailed knowledge of the pacing case to enable Business Unit Finance in optimizing the case

    • Monitor intercompany transactions related to projects & partner with central Internal Billing team to problem solve rejects & holds

    • Provide internal and external Audit support relating to project accounting activity, balance sheet and P&L as needed

    • Execute project accounting within ERPs per the global standards set by the business

    • Be a strong advocate for LEAN culture, supporting continuous improvement of processes

    What you'll bring (Basic Qualifications)

    • Bachelor's degree from an accredited university/college in Accounting, Finance or relevant discipline

    • Significant experience in operational finance and/or project accounting in progressively larger positions of responsibility

    • Relevant Financial Systems & Data Experience

    • Fluent English knowledge is essential

    • Demonstrated ability to deliver with focus, prioritize and perform in a fast-paced environment and respond quickly

    • Experience and interest in driving process improvement

    What will make you stand out

    • Expertise in PowerMax is a huge plus!

    • Solid understanding of USGAAP and statutory accounting principles with ability to translate accounting requirements to ERP solutions

    • Excellent time management, organizational and data driven skills

    • Adaptable/flexible: open to change in response to new information, different or unexpected circumstances, and/or ability to work in ambiguous situations

    Additional Notes for Hungary:

    • Successful applicant will be legally eligible to enter into an employment relationship under the laws of Hungary

    • This is a hybrid role with three days remote and two days in the office.

    Additional Information

    Relocation Assistance Provided: No

    #LI-Remote - This is a remote position

    Why you should apply for a job to GE Vernova:

  • 5/5 in overall job satisfaction
  • 4.9/5 in supportive management
  • 100% say women are treated fairly and equally to men
  • 100% would recommend this company to other women
  • 100% say the CEO supports gender diversity
  • Ratings are based on anonymous reviews by Fairygodboss members.
  • Build your network and connect with other GE employees for professional development via our seven Affinity Networks.
  • We empower our people through coaching and feedback, our talent development philosophy, and even our customizable benefits programs.
  • GE offers many healthcare options; 401(k) plan; tuition reimbursement; adoption resources; employee assistance; and recognition programs.