Responsible for driving technical accounting compliance, financial and operational internal controls, process simplification, and operational excellence to deliver accurate actual financial reporting and analysis. Has in-depth knowledge of best practices and how own area integrates with others; has working knowledge of competition and the factors that differentiate them in the marketJob Description
RESPONSIBILITIES:
Your Role:
- Lead & develop the project accounting team responsible for Fossil projects to simplify and create world class standard processes & policies resulting in proactive predictable financial management of the portfolio.
- Support on global reporting activities
Standard Process
- Support the development and implementation of strategies for project accounting process harmonization and standardization across business segments, enhancing efficiency and aligning with organizational goals.
- Lead change management initiatives and drive process improvements, establishing performance metrics to ensure alignment with business objectives and achieve significant efficiency gains.
- Support and deliver training programs to build capabilities and ensure adherence to standardized processes.
Project Accounting & Business Segment Support
- Lead Proj Controlling team for Fossil
- Support new organization set up and create autonomy on Regional Leaders
- Oversee all financial aspects of project accounting for Steam Services Fossil projects including project setup, actuals booking, revenue recognition, manual journal entries, PMR and reconciliations.
- Partner cross-functionally with the segment operations teams & fulfillment leaders in the pacing process to deliver baseline financial case to ITR Finance, facilitating risk and opportunity management.
- Partner with FP&A on the financial submissions for all planning cycles, pacing, and monthly operating rhythms.
- 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.
- Support process to ensure legal entity financial quality (i.e., documentation for regulatory purposes, cash tax impact implications, etc.)
- 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 GE 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.
- Maintain systems and processes for analyzing and reporting operating results to management, collaborating with IT to drive system automation and optimize processes as needed.
Required
- Graduated in economy or business administration or as an accountant
- Significant work experience in similar position
- SAP expertise
- Demonstrated ability to lead a global team
- In case of comparable skill set and talent Steam Power candidates will be prioritized
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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