GE Vernova is a leading company in the energy sector, and they are seeking an Aero New Units Project Finance Manager. The role involves managing financial reporting and ensuring compliance with accounting standards while partnering with project teams to enhance financial performance and operational excellence.
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
Requirements:
- Bachelor's degree in finance / accounting
- 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, (SAP / POWERMAX 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
- 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