I2R Assistant Controller job opportunity at GE Vernova.

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DateMore Than 30 Days Ago bot
GE Vernova I2R Assistant Controller
Experience: General
Pattern: full-time
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degreeHigh School (S.S.C.E)
loacation Budapest, Hungary
loacation Budapest....Hungary

Job Description Summary What impact you'll make? The Assistant Inquiry-to-Receipt Controller will work with a team of Commercial & Technical Controllers on controllership and accounting matters, and will ensure financial oversight, accuracy & compliance with applicable policies. This individual will be a key technical accounting resource to the operations and finance organizations regarding complex financial accounting & reporting matters. This individual will also work closely with the commercial, operations, & finance organizations to analyze commercial arrangements and ensure appropriate application of revenue recognition policies & procedures, in addition to other technical accounting matters. Additionally, this individual will play a key role in monitoring critical accounting processes and executing month and quarter end closing procedures. Job Description What you’ll do Operate as part of the Electrification Commercial & Technical Controllership organization, and support Commercial & Technical Controllership leaders Perform order booking assessment and documentation to ensure appropriate recognition and reporting of remaining performance obligation (RPO) in accordance with US GAAP and GEV policies Define and document revenue recognition method prior to contract execution, and identify accounting triggering events during life of contract to ensure timely and accurate accounting Perform variation orders accounting assessment in accordance with US GAAP and GEV policies Review project estimates at completion and participate in project margin reviews (PMR) to ensure accurate cost to complete and risk provision estimates including liquidated damages Review/monitor project contingency provisions Review contract assets & accounts receivable reserves e.g. CECL/age-based/specific Monitor aged projects balances/ project close-out monitoring Review warranty processes and reserves to ensure appropriate accounting Review projects margin levelization Prepare B/S account analysis & quarterly balance sheet review materials for Financial Reporting Package (FRP), Data Requests ( DRs) and balance sheet deep dives for owned areas Perform or review account reconciliations Review Inventory estimates and overhead cost per hour (OCPH) e.g. inventory in transit, ICP eliminations, point-in-time lag tables What you’ll bring (Basic Qualifications) Bachelor’s degree in finance/accounting from an accredited college or university Siginificant experience in a controllership role Fluent English knowledge is a must Proven acumen in timely identifying accounting risk and driving resolution Proven skills in business partnering and driving accounting compliance with key stakeholders e.g. CFO/I2R teams Proficient use of Microsoft Office (eg. Excel, Word, PowerPoint). What will make you stand out Knowledge of US GAAP or GEV accounting policies and procedures Knowledge of the Electrification business (including products, business processes, and systems) Hungarian language knowledge is a plus Highly analytical with well-developed risk identification and problem-solving skills Strong interpersonal and leadership skills Strong oral and written communication skills Demonstrated ability to collaborate across all finance structures (shared services, local team, outsourced service providers), but also firm in driving controllership & compliance with stakeholders Resilient and quickly adapts to change Additional Notes: 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. Additional Information Relocation Assistance Provided: No

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