EMEA & Asia Hydro Operations Finance Leader

Reposted Yesterday
Be an Early Applicant
Budapest, HUN
In-Office
Senior level
Energy • Manufacturing • Solar • Renewable Energy
GE Vernova is accelerating the path to more reliable, affordable, and sustainable energy.
The Role
Lead EMEA & Asia hydro project accounting and controllership. Oversee project setup, revenue recognition, reconciliations, audits, GAAP/statutory compliance, process improvement, automation, and team development while partnering cross-functionally to optimize project financial performance.
Summary Generated by Built In
Job Description SummaryManage the accounting and financial reporting lifecycle of commercial arrangements with customers while partnering with cross functional teams in and outside of finance.

Job Description

This job will report to the Global Hydro Operations Finance Leader.

As the EMEA Hydro Operations Finance Leader, you will:

  • Help design proposal for a future Project Accounting organization and assess and evaluate options for the Hydro business line with the Global Hydro Operations Finance leader
  • Lead & develop a Controllership and accounting team to simplify and create world class standard processes & policies in line with those already defined in the Power Operations Finance model.
  • Translate concepts, develop strategy, implement change, create programs responsive to external environment, and participate in cross-functional business and cultural development.
  • Oversee all financial aspects of project accounting for including project setup, actuals booking, revenue recognition, manual journal entries, and reconciliations.
  • Leverage experience with pacing, GAAP, and Stat & Tax financials to streamline the connectivity between these areas.
  • Establish process to ensure legal entity financial quality (i.e., documentation for regulatory purposes, cash tax impact implications, etc.), and act as a point of contact (POC) for audit related inquiries.
  • Ensure financials of projects are in line with GAAP (e.g., revenue recognition, journal entries, etc.) and compliant with statutory regulations & global accounting policies.
  • Communicate balance sheet position to senior management on a quarterly basis.
  • Partner with Functions and Cost teams on the Hydro margin review process to enable Aero Services Finance to work with project managers to optimize performance of contracts.
  • Partner cross-functionally with Pole, BU Finance & fulfillment Leaders in the pacing process to deliver baseline financial case to BU Finance/FP&A teams.
  • Provide internal and external audit support relating to project accounting activity, balance sheet and P&L.
  • Drive a spirit & letter of excellence in Controllership (e.g., adherence to GEV policies, transfer of best practices, internal controls, etc.).
  • 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.
  • Foster strong partnership with and maintain accountability for execution performed by third party vendors on behalf of the Services Operations Finance organization.

Required Qualifications:

  • Hydro accounting work experience either as a Controller, Risk Finance Leader or PFM/OTR Finance Manager
  • Team Management/leadership experience
  • Bachelor’s Degree from an accredited university or college or equivalent knowledge or experience
  • Significant experience in finance or operations function in progressively larger positions of responsibility
  • Relevant finance leadership experience

Desired Qualifications:

  • Projects & Upgrades accounting experience
  • Certified Public Accountant/Chartered Accountant preferred
  • Direct or indirect leadership of global teams
  • Ability to work under tight deadlines and to prioritize under pressure
  • Strategic thinker with the ability to create and execute concrete action plans
  • Demonstrated adaptability/flexibility: open to change in response to new information, different or unexpected circumstances, and/or ability to operate in ambiguous situations
  • Ability to partner with horizontal teams like Pole/ITR Finances, Fulfillment, Operations
  • Strong analytical, project management, and organizational skills
  • Strong oral and written communication skills
  • Strong interpersonal and leadership skills

Additional Information

Relocation Assistance Provided: No

Skills Required

  • Hydro accounting work experience (Controller, Risk Finance Leader, or PFM/OTR Finance Manager)
  • Team management/leadership experience
  • Bachelor's degree or equivalent knowledge/experience
  • Significant experience in finance or operations with increasing responsibility
  • Relevant finance leadership experience
  • Projects & upgrades accounting experience
  • Certified Public Accountant or Chartered Accountant
  • Direct or indirect leadership of global teams
  • Ability to work under tight deadlines and prioritize under pressure
  • Strategic thinker with ability to create and execute action plans
  • Adaptability and ability to operate in ambiguous situations
  • Ability to partner with horizontal teams (Pole/ITR Finance, Fulfillment, Operations)
  • Strong analytical, project management, and organizational skills
  • Strong oral and written communication skills
  • Strong interpersonal and leadership skills

GE Vernova Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about GE Vernova and has not been reviewed or approved by GE Vernova.

  • Retirement Support The 401(k) plan includes company matching contributions and additional company retirement contributions, with access to Fidelity resources and financial planning consultants. Feedback suggests this structure supports long-term savings beyond a basic match.
  • Parental & Family Support Paid parental leave is available with flexible, continuous or non-continuous usage, and is complemented by adoption resources and Work/Life Connections guidance. Maternity leave is described as extended relative to typical workplace norms.
  • Leave & Time Off Breadth Time-off programs include 12 paid holidays, permissive time off for many salaried roles, and dedicated personal, illness, and caregiving time for U.S. new hires. Some hourly roles start with a defined PTO bank, while other roles may offer unlimited time off.

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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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