Lead Finance Specialist - Accounting Operations

Reposted 13 Days Ago
Be an Early Applicant
3 Locations
In-Office
Mid level
Energy • Manufacturing • Solar • Renewable Energy
GE Vernova is accelerating the path to more reliable, affordable, and sustainable energy.
The Role
The CSA Services Operations Finance Analyst manages financial aspects of project accounting, ensuring compliance with GAAP, performing reconciliations, and supporting audits. Responsibilities include contract margin reviews, account reconciliation, and collaborating with Operations for accurate financial reporting.
Summary Generated by Built In
Job Description SummaryThe CSA Services Operations Finance Analyst is responsible for the accounting, closing, and pacing activities for the HDGT CSA Business line to ensure timely and accurate financials for IBG countries. The CSA Services Operations Finance Analyst partners with Operations, Fulfillment, and Services ITR Finance to achieve outcomes. Areas of responsibility include project set up, performing contract margin reviews, pacing validation, monthly & quarterly closing activities, account reconciliation, assisting with Stat & Tax audits by providing appropriate data.

Job Description

Roles and Responsibilities

As the CSA Services Operations Finance Analyst, you will:

  • Manage all financial aspects of project accounting for HD Services CSA projects including project setup, actuals booking, revenue recognition, manual journal entries and reconciliations, CMRs and monthly / quarterly closing and reporting for the contracts assigned
  • Ensure financials of projects are in line with GAAP and compliant with statutory regulations & global accounting policies.
  • Maintain strong connection with Operations to validate contract data (project cost, invoicing), prepare financial output, and communicate to CPMs, CSLs, 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 balance sheet reviews as required
  • 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 and CONFIRM reconciliation
  • Download & prepare SONIC data as part of the pacing process for validation with Operations (CPMs)
  • Possess detailed knowledge of the pacing case to enable BU Finance in optimizing the case
  • Monitor intercompany transactions related to projects & partner with central IBS team to problem solve rejects & holds
  • Provide internal and external Audit support relating to project accounting activity, balance sheet and P&L as needed
  • Work with the Team Leader to identify improvement areas and implement standard processes & policies fostering LEAN culture

Required Qualifications:

  • BS in Finance, Accounting or Business Administration, (this is a must in Hungary) or equivalent international degree; of equivalent experience
  • Significant experience in Finance and/or Operations in progressively larger positions of responsibility
  • Proven Financial Systems & Data Experience
  • Fluency in English is a must

Desired Qualifications:

  • Expertise in Alpha ERP
  • Solid 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
  • Experience and interest in driving process improvement
  • 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 Information

Relocation Assistance Provided: Yes

Top Skills

Alpha Erp
Financial Systems
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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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