The PowerMax Lead Finance Analyst – CSA Europe executes all Accounting, closing, and pacing activities for a given portfolio of projects managed on the PowerMax ERP, to ensure timely and accurate financials. The Business Unit Accountant (Services) 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
What you’ll do
- Responsible for Contrcatual Service Agreements (CSA) operating in PowerMax ERP for the European Finance team.
- Account for financials of the projects in line with GAAP & STAT policies & standards (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.
Relocation Assistance Provided: No
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.
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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.
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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.
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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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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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