Job Information
GE Vernova Finance Manager - Contract Accounting in Milan, Italy
Job Description Summary
Job Description
Aero New Units Project Finance Manager
Job Description Summary
This PFM is responsible for ensuring technical accounting compliance, financial and operational internal controls, process simplification and operational excellence to deliver accurate financial reporting and analysis. More broadly, the PFM owns wing-to-wing project execution accounting, from project-set up to margin reviews to closing the books through a strong partnership with Region Finance and Ops. Accountable for ensuring ledger fidelity in line with GAAP & STAT accounting policies & standards as also for Audit & Compliance.
Job Description
Essential Functions (Responsibilities)
Manage financial reporting and closing of projects in accordance with US GAAP.
Overall project financial leadership – review contract and understand key deliverables, TT terms, cash milestones, payment terms, FX & tax implications; organize budget handover & allocation; ensure project reviews accurately reflect project financial status and drive results to meet & better the As-sold project financials
Partner with the Project Team to analyze the execution performance and propose action plans to improve contract margin and cash profile as well as corrective action plans to mitigate identified risks
Drive and support Project team in resolving all complex situations that arise in project execution ensuring the best financial outcome for GE
Be connected to Region/HQ FP&A team to ensure any variances to Plan is timely reflected in the weekly QMIs
Ensure the project accounting entries are validated and accurately captured in the respective ledgers
Connect with tax team to understand local implications
Responsible to review and sign off project trial balance and ensure all the required supporting documentations are available for both internal and external audit requests
Participate in cross-functional projects to drive LEAN and standardization of work.
Strong collaboration with FP&A for developing estimates, plans/forecasts/reviews
Qualifications/Requirements
Bachelor's degree from an accredited university or college in finance / accounting, or equivalent experience
Prior Project Finance Management experience
Strong experience in Finance / Accounting areas, supply chain finance is an advantage and /or equivalent experience
Advanced user of Microsoft Excel, Power Point, (Oracle and/or SAP is an advantage)
Fluent in English, both oral & written
Excellent analytical and problem-solving skills
Attitude to “own” problems and responsibility areas
Can handle big databases, running reports from ERP, Oracle experience is an advantage
Desired
Strong oral and written communication skills
Ability to work under tight deadlines and to prioritize under pressure
High level of organization, attention to detail and commitment to meeting deliverables
Ability to coordinate several projects simultaneously
Effective problem identification and solution skills
Proven analytical and organizational ability
Ease at working with remote stakeholders
Additional Information
Relocation Assistance Provided: No
GE Vernova is an Equal Opportunity Employer. Employment decisions are made without regard to race, color, religion, national or ethnic origin, sex, sexual orientation, gender identity or expression, age, disability, protected veteran status or other characteristics protected by law.