Job Information
GE Vernova HDGT Global Project Finance Leader (m/f) in Budapest, Hungary
Job Description Summary
Job Description
The HDGT Global Project Finance Leader is responsible for ensuring timely and accurate financials for a portfolio of projects, partnering with Operations, Functions, and HDGT Finance leadership to achieve outcomes. The leader is responsible for overseeing teams performing project set up, project margin reviews, pacing validation, monthly & quarterly closing activities, account reconciliation, assisting with Stat & Tax audits by providing appropriate data.
Job Description:
What you ’ll do
As the HDGT Global Project Finance Leader, you will:
Oversee all financial aspects of Accounting and Closing for HDGT NU - Heavy Duty Gas Turbine New Units projects in scope including, actuals booking, revenue recognition, close, and reconciliations
Lead & develop a team to simplify and create world class standard processes & policies across multiple regions & ERPs.
Ensure Accounting for financials of the projects is in line with GAAP (e.g., revenue recognition, journal entries, etc.) and per the global standards set by the business
Oversee all financial aspects of project accounting for HDGT New Units projects including project setup, actuals booking, revenue recognition, manual journal entries, and reconciliations.
Supervise Margin Review calculations to enable HDGT NU Operations Project Finance Managers to work with project managers and optimize performance of projects
Partner with Functions, Operations, and other partners as needed to validate and collect information
Ensure coordination between operations and HDGT NU project team members to validate project data, prepare financial output, etc. and assist operations by supporting on processing change orders, recording bad debt, etc.
Report results to the HDGT NU Finance team to enable informed discussion with the business
Support project handover reviews from Inquiry to Order (ITO), to Order to Remittance (OTR) for the largest and most complex deals i.e. T&C clarifications, project setup, payment security, hedging evaluation, etc.
Drive a spirit & letter of excellence in Controllership (e.g., adherence to GE policies, transfer of best practices, internal controls, etc.).
Provide internal and external audit support relating to project accounting activity, balance sheet and P&L
Champion LEAN culture, lead transformation efforts in alignment with broader finance strategy, guide continuous improvement of processes, & prioritize automation opportunities.
Identify, recruit, grow, and retain talent with appropriate levels of expertise to deliver on the daily management and/or transformational priorities of the organization.
What you’ll bring (B asic Q ualification s)
BS in Finance, Accounting or Business Administration, or equivalent international degree / equivalent knowledge or experience
Extensive experience in finance HDGT NU - Heavy Duty Gas Turbine New Units or operations function in progressively larger positions of responsibility
Relevant Financial Systems & Data Experience
Fluent English knowledge is essential
What will make you stand out
Strong understanding of USGAAP and statutory accounting principles with ability to translate accounting requirements to ERP solutions
Demonstrated ability to deliver with focus, prioritize and perform in a fast-paced environment and respond quickly
Expertise in relevant ERPs (e.g. PowerMax, and CPM)
Demonstrated ability to lead a team
Ability to work under tight deadlines and to prioritize under pressure
Deep process improvement experience
Excellent time management, organizational and data driven skills
Demonstrated adaptability/flexibility: open to change in response to new information, different or unexpected circumstances, and/or ability to work in ambiguous situations
Preference will be given to current Gas Power Finance employees.
Benefits Available to You
GE employees rise to the challenge of building a world that works. In order to meet this mission, we provide varied, competitive benefits to help support our workforce: Our Culture | GE Vernova (gecareers.com) (https://jobs.gecareers.com/vernova/global/en/our-culture)
Our compensation & benefits are designed to help you manage your personal and family needs, while rewarding high performers. We offer a robust benefits package depending on your employment status and your national requirements.
A healthy, balanced lifestyle can mean different things to different people. We've created programs that support the way you live and work today.
GE invests to provide opportunities to grow your career by providing a path for continued on-the-job learning and development .
Inclusion & Diversity
At GE, we believe in the value of your unique identity, background and experiences. We are committed to fostering an inclusive culture , where everyone feels empowered to do their best work because they feel accepted, respected and that they belong. Click here to learn more: https://jobs.gecareers.com/vernova/global/en/i-d-e
About GE Gas Power
GE Gas Power engineers cleaner, more accessible energy that people depend on, powering growth and prosperity for people everywhere. Our leading technologies produce a third of the world’s electricity thanks to our talented people, who make gas work for our customers, stakeholders and the world. Through relentless innovation and continuous partnership with our customers, we are building the energy technologies of the future and providing the cleaner, more efficient power people depend on today.
If contracted in Italy: EU work permit ,
Fluency in English and/or Italian (LPB+)
Additional Information
Relocation Assistance Provided: No