Closing Process Leader

Job Description Summary
What impact you'll make?

The Electrification Segment Closing Process Leader will demonstrate accountability, process ownership & execution for the Electrification Segment (Electrification Systems and Electrification Software) monthly closing, consolidation and reporting processes. This individual will integrate and develop policies, procedures, and guidelines to help ensure ES meets the financial closing, consolidation & reporting standards for GE Vernova, and also responsible for effectively managing a team.

Job Description

What you'll do

• Develop business process guidelines, policies, and controls, including creating and maintaining closing, consolidation standard processes for Electrification Segment
• Define 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
• Drive communication of business requirements, operational feedback, and escalations
• Be partner of Electrification Controllership pillar leaders to drive closing efficiency
• Act as strategic business single point of contact for GE Vernova Closing and other GEV business, as necessary
• Lead closing process to pass system edit checks and close issues while analyzing financial information
• Drive intercompany disconnect resolution (trade payable, receivable, current affiliates, borrowings, etc.)
• Lead implementation of closing & reporting process & system changes and monitor its efficiency & effectiveness
• Challenge process & system deficiencies... drive simplification and continuous improvement
• Lead monthly, quarterly, and annual closing responsibilities including preparation, analysis and consolidation of balance sheet, cash flow and supplemental reporting packages (Financial Reporting Package, Balance Sheet deep dive, support the preparation of Data request Deep dive)
• Prepare and maintain closing process related procedures, SOPs
• 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)

• BA or BS in finance/accounting from an accredited college or university
• Major experience in a controllership/accounting role
• Fluent English knowledge is essential
• Strong interpersonal and leadership skills, experience managing a team
• Deep SAP/VDL/Oracle/VSDC expertise specifically in the areas Finance (FI) module; experience with FCC consolidation module a plus
• Highly analytical with well-developed problem-solving skills

• Knowledge of the Electrification businesses (including products, business processes, and systems)
• Knowledge of US GAAP and GE Vernova accounting policies and procedures in the areas of consolidation & reporting
• Strong oral and written communication skills
• Demonstrated ability to collaborate across all finance structures (shared services, local team, outsourced service providers)
• Resilient
• Demonstrated ability to lead programs / projects

• 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.