Job Information
GE Vernova Lead Finance Specialist - Engineering Operations in Budapest, Hungary
Job Description Summary
Roles and Responsibilities
Budgeting:
Budget OP for Global R&D
IFV :
Asia Large/ Service Projects and EMEA Service projects IFV preparation and implementation in reporting systems
Supporting PEM with HPR0 engineering budget set-up for - Asia Large/ Service Projects
TCS clarification & reconciliation support with EQT
Supporting in getting correct current as-sold & HPR0 budget in Grid fusion
Job Description
Roles and Responsibilities
Controlling: WW R&D monthly and quarterly closing :
Ensuring the correct allocation of costs for the following costs buckets: Liquidation, C&B, External expenses, training, facilities, depreciation, purchase services, Funding. Reviewing the nature of the costs, the function of the costs, and the category of the costs (BVP)
Driving the corrections through other team members (inside and outside ENG finance team)
Proactively highlighting issues to FP&A/base costs/finance management to ensure collective resolution, avoiding waste of time and disconnects
Reviewing Royalty/ NPI charges before cross charge invoicing to other regions
Calculating accruals in particular for funding/ CIR tax credit
Ensuring that R&D finance target is met in compliance with financial policies
WW R&D quarterly pacing and monthly reporting:
Performing monthly update on R&O for the quarter landing to FP&A teams
Participating in the monthly project review with ENG staff (COE & ENG management), proactively highlighting issues and pushing for resolution
Preparing and presenting the monthly reporting of R&D pacing to engineering & finance management
ENG projects 606 monthly pacing:
Implementing the needed adjustments in Gridfusion & model test CTC for ASIA & EMEA Service projects
Supporting engineers/PEM to respect the commitments on the quarter budgets
Ensuring that Storms is updated timely by PEM/COE leaders and reflects the best estimate
Audit:
Addressing audit requests on Asia R&D topics and EMEA service project costs
Solving any other ad hoc requests related to audit
Continuous improvement:
Supporting/leading/proposing improvements on financial information systems:
Gridfusion/PMX/KEOPS/Storms
ENG finance and R&D Topics: Projects PMR:
Providing resolution in Gridfusion issues
Ensuring that processes are always followed by team members and provide guidelines when needed
R&D:
BVP analysis in closing and correction entries
Answering any other ad hoc requests
GERT:
- Providing support in handling any issues for GERT invoices if needed
Required Qualifications
For roles outside of the USA- This role requires basic experience in the Finance & Manufacturing Operations. Knowledge level is comparable to a Bachelor's degree from an accredited university or college ( or a high school diploma with relevant experience).
For roles in USA - Bachelor's degree from an accredited university or college (or a high school diploma / GED with at least 6 years of experience in Job Family Group(s)/Function(s)).
Desired Characteristics
- Strong oral and written communication skills. Ability to document, plan, market, and execute programs.
Additional Information
Relocation Assistance Provided: Yes