Electrification C&B Lead Analyst

Job Description Summary

The Electrification Compensation & Benefits Lead Analyst will demonstrate accountability, process ownership & execution for the ES compensation and benefits. This individual will be responsible for driving technical accounting compliance, financial and operational internal controls, process simplification, and operational excellence to deliver accurate actual financial reporting and analysis. This role involves performing complex data analysis, ensuring regulatory compliance, and providing strategic support to other departments (FP&A, HR etc) and strategic partner company and the C&B accounting team. Interprets simple internal and external business challenges and recommends best practices to improve products, processes or services.

Job Description

Roles and Responsibilities

• Develop business process guidelines, policies, and controls, including creating and maintaining closing, consolidation standard processes for ES

• Support business process strategy & KPI’s, drive daily process management, and monitor KPI's to ensure process health

• Evaluate service level from outsourced providers; approve any action plans resulting from critical service performance failures

• Support C&B related project, including payroll vendor set-up, implementation of automated payroll accounting system etc.

• Analyzing C&B costs and variances, provide regular support to financial planning & analysis (FP&A)

• Drive communication of business requirements, operational feedback, and escalations

• Be partner of ES Controllership pillar leaders to drive closing efficiency related to C&B

• Act as strategic business single point of contact for GE Vernova HQ team and other GEV business, as necessary

• Lead closing process to efficiently solve upcoming issues while analyzing financial information

• Drive C&B process in collaboration with relevant MSP team

• Lead implementation of C&B system changes and monitor its efficiency & effectiveness at different systems level (SAP, Atlas, Concur, GPAS)

• Challenge process & system deficiencies… drive simplification and continuous improvement

• Lead monthly, quarterly, and annual closing responsibilities including preparation, analysis and consolidation & commentary of balance sheet (FRP, Balance sheet deep dive, support the preparation of Data request Deep dive) for the related process area

• Prepare and maintain C&B process related procedures Process flows, approve SOPs, support costing related issues

• Drive resolution of unreconciled accounts; review reconciled accounts for compliance with established criteria and overall quality

• Extensive interaction with financial planning & analysis (FP&A), technical, & business line controllership teams

• Maintain effective & efficient partnerships with auditors & other service providers

• Represent business in steering committee (if applicable)

• Support new business acquisition, system implementation and related tasks

Required Qualifications

• Bachelor's degree in finance/accounting from an accredited college or university

• Minimum 5 years’ experience in controllership/accounting role

Desired Characteristics

• Knowledge of the Electrification businesses (including products, business processes, and systems)

• Deep SAP expertise specifically in the SAP Finance (FI) module; experience with Oracle Cloud consolidation tools, SAP S/4 Hana expertise is an advantage

• Knowledge of US GAAP and GE Vernova accounting policies and procedures in the areas of consolidation & reporting

• Highly analytical with well-developed problem-solving skills

• Strong oral and written communication skills

• Highly collaborative... demonstrated ability to collaborate across all finance structures (shared services, local team, outsourced service providers)

• Resilient

• Strong interpersonal and leadership skills... experience managing a team

• Demonstrated ability to lead programs / projects

• Established project management skills

Additional Information

Relocation Assistance Provided: No

- This is a remote position

Originally posted on Himalayas