Early Career Trainee- Finance

Posted 3 Days Ago
Be an Early Applicant
2 Locations
In-Office
Internship
Energy • Manufacturing • Solar • Renewable Energy
GE Vernova is accelerating the path to more reliable, affordable, and sustainable energy.
The Role
The Early Career Trainee in Finance role involves working on project finance execution, monitoring costs, ensuring compliance, and supporting operations analysis. This 6-month program enhances skills and provides hands-on experience for recent graduates.
Summary Generated by Built In
Job Description SummaryGE Vernova is leading a new era of energy by helping to accelerate the path to more reliable, affordable and sustainable energy. This internship with GE Vernova Grid team will offer a unique opportunity to gain hands-on experience through challenging projects, learn from some of the brightest and most innovative minds in the business and network with a variety of professionals.

Job Description

The Early Career Training is a 6-month program extendable to one year , and it is an investment in young talents where GE Vernova trains fresh graduates who meet the required criteria to perform their traineeship in a GE Vernova business. The traineeship duration varies upon business requirement and will develop the general skills of the trainee and provide on the job knowledge and technical experience. Positions requiring understanding of a concepts, methods and procedures. 

What you’ll do:

 

Project Finance Execution and Excellence:

 

  • To work with PFCs and PMs on all financial issues on the project after tender (ITO) phase, i.e. from contract award to TOC or contract close.

  • To work with PFCs, PCCs & other stakeholders of the project to review, monitor and control the costs to achieve the good level of finance performance

  • Review, track and ensure the timely & US GAAP compliant revenue recognition supported by proper documentation.

  • Work with PFCs to ensure full compliance with contract T&Cs including billing and collection (LC, payment against documents)

  • Work on the margin review calculations to enable OTR finance to work with Project Managers to optimize the performance of the contracts

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

Operations Excellence:

 

  • Maintain strong connection with all functions of operations to understand the dynamics of our projects and translate into financial output, and communicate to Operations team and broader finance community

  • Support operations to analyze and present the data related to outstanding bonds and its retrieval and reduction from the customers.

  • To work with operations for the pacing of sales, margin, billing and cash of the project under the supervision of Lead PFCs.

  • 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. in collaboration with Lead PFC of the project.
     

What you’ll bring:

  • Bachelors in finance, Accounting or Business Administration

  • Analytical & strong communication skills

  • Self-driven, attentive to details, outcome oriented, good working attitude.

  • Basic knowledge of Microsoft Office suite (Excel, PowerPoint)

  • Willingness and ability to work full-time for 6 months period

  • Fluency in English

What will make you stand out:

  • Above average GPA / academic grades preferred

  • Demonstrated EHS and Quality focus.

  • Demonstrated leadership potential

  • Record of achievement with a passion to achieve positive business results

  • Curiosity and desire to learn and expand skill set

  • Adaptable and open to change

Additional Information

Relocation Assistance Provided: No

Top Skills

MS Office
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The Company
HQ: , Cambridge, MA
75,000 Employees
Year Founded: 2024

What We Do

GE Vernova is a planned purpose-built company on a mission to electrify the planet while simultaneously working to decarbonize it.

If we want our energy future to be different…we must be different.

Our mission is embedded in our name. We retain our treasured legacy, “GE,” in our name as an enduring and hard-earned badge of quality and ingenuity. “Ver” / “verde” signal Earth’s verdant and lush ecosystems. “Nova,” from the Latin “novus,” nods to a new, innovative era of lower carbon energy that GE Vernova will help deliver.

GE Vernova brings together GE’s portfolio of energy businesses including Power, Wind, Electrification and Digital businesses. With focus, GE Vernova is accelerating the path to more reliable, affordable, and sustainable energy, while helping our customers power economies and deliver the electricity that is vital to health, safety, security, and improved quality of life.

Together, we have The Energy to Change the World.

Why Work With Us

Join our team, to evolve and grow, surrounded by some of the brightest minds in the industry who help you get better every day. You’ll get the chance to rewrite the rules, work on cutting-edge technology, and be part of a global team for positive change.

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