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Job Description Summary

Looking to make a global impact and solve problems?

Through relentless innovation and continuous collaboration with our customers, GE Gas Power, part of GE Vernova, is providing more advanced, cleaner, and efficient power that people depend on today and building the energy technologies of the future.

What impact you’ll make?

As a member of the Gas Power Global Supply Chain Process Center of Excellence, the Project Cost specialist is the key finance partner flexing across multiple sites and products responsible for end-to-end of a project’s lifecycle. This role is responsible for comprehensive reporting and analysis of downstream site operations, finance leaders and ITR partners (HDNU, HD services, Aero). The mission of the project cost specialist is to drive improvements to core finance processes and partner with Data & Analytics COE to create tools & analytical solutions that enabling efficiencies to downstream operating partners.

Job Description

What you’ll do

• Ensure accurate and proper project accounting, support monthly closing and financial audits

• Own quarterly estimate at completion (EAC) reporting to measure project deviations vs handbook (as sold) and prior quarter, validating actual costs for both direct material, labor and other manufacturing overhead

• Monitor and improve key financial internal controls throughout the project lifecycle from creation, execution & monitoring, billing, reporting and closure

• Gather key inputs from operations to properly maintain project forecast in system

• Partner with operations to monitor project risks and opportunities and proposing corrective action plans to improve contract margin and cash profile

• Perform execution of project billing, ensuring proper sign off and documentation to ensure timely and accurate processing, support true cost analysis.

• Support annual standard and handbook processes, providing year over year variance insights linked to key operational drivers of labor, inflation/deflation, farm-in/farm-out decisions

• Able to partner with key stakeholders to develop harmonized standard global operating procedures in complex matrixed, operating environment

• Able to effectively communicate current state and future state process & controls, and develop roadmap to align system/process differences across global supply chain to drive harmonized global standard work

• Coordinate with Data & Analytics COE to deliver high impact project financial analytics and controls that drives operational accountability, predictability and transparency

• Partner with key stakeholders to implement scalable solutions such as automated billing or project closure to improve finance efficiency and reporting accuracy

What you’ll bring (Basic Qualifications)

• Prior experience in supply chain finance or project finance

• Bachelor’s degree in Accounting, Business or Finance

• Fluent English knowledge is essential

• Knowledge of accounting policies and practices, including US GAAP and project accounting

• Exceptional Excel skillset

• Prior knowledge of manufacturing system ERPs (i.e. SAP, Oracle, BAAN) and with digital and automation tools such as Tableau, RPA

What will make you stand out

• Strong interpersonal, leadership, problem-solving skills and communication skills

• Ability to work independently and proactively to delivery accurate and timely reporting to key stakeholders

• Embrace GE Vernova Way, driving innovation, serving customers, embracing LEAN, winning as one team, and accountable to deliver

• Preference will be given to current Gas Power Finance employees

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 2- 3 days in the office.

• Willingness to travel up to 15%

Additional Information

Relocation Assistance Provided: No