WE COUNT ON YOU TO PARTICIPATE:
In this internship program you will have the opportunity to gain real-life Finance work experience through a rotational program in different finance functions in which you can decide what area suits you best while managing key projects and challenges. This program will make you ready to apply for a next level career move which is our Financial Management Leadership Program (FMP)
You can join the following teams/areas:
Controllership: account reconciliation, balance sheet analysis to highlight risks for management, quarterly closing to make sure financials give the right information to stakeholders, change management activities: such as business re-organization, legal entity changes, various IT projects (ERP development) and external & internal audits.
Financial planning and reporting (FP&A) activities, which includes working closely with operational leaders and other finance teams to create a plan for headcount, functional cost, foreign exchange exposure, inventory related items (such as logistics cost) and analyzing the results to make sure that Supply Chain/Base Cost organization is meeting its commitments.
Inventory related analytics, such as inventory valuation including FIFO and Intercompany profit (ICP), Obsolescence calculation, inventory modification and scrap process ownership, inventory surplus/deficit review and support internal/external audits. Standard costing / Sourcing related financial support and analytics, driving projects which are targeting a more transparent income statement reporting structure and create consistency across the different units.
Global Supply Chain As a member of the Gas Power Global Supply Chain Process Center of Excellence, the horizontal site support for manufacturing and repairs operations is the key finance partner flexing across one or multiple sites. The mission of the horizontal site support is to drive improvements to core finance processes and partner with Data & Analytics COE to create tools & analytical solutions enabling efficiency to downstream operating partners. As an intern in the SCOF team you will support comprehensive financial planning, reporting and analysis to downstream site operations.
Finance IT team’s responsibility is the ERP Finance support of Alpha ERP (Oracle) and Powermax (SAP). This includes system support, report and data quality management by maintaining ERP setups, data integrity and cutover support for deployments (Customer/vendor creation, extension, data quality analysis) and closing and reconciliation tasks.
Trade Finance, Letter of Credit (LC): discovery of this secure payment method used in international trade, connecting externally with banks, logistics and other service providers and internally with GE Regional Teams worldwide and with Order Management and Cash Application Teams, check compliance with LC process, latest date of shipment follow-up, daily distribution of LC related information to stakeholders, contribute to cash collection from LCs.
WE NEED YOU TO HAVE:
Ongoing studies (Finance/Accounting specialization preferred)
Basic financial knowledge (Balance sheet/Income statement/Cash flow)
Active student enrollment (preferably for more than one year)
24-40 hours per week working availability
Fluency in English (additional Hungarian knowledge preferred)
Strong user level MS office skills
Flexibility
Ability to learn and adapt
Analytical thinking
Good communication skill and team player attitude
Ability to work in Hungary: Successful applicant will be legally eligible to enter into an employment relationship under the laws of Hungary
WE WILL PROVIDE YOU:
Exciting programs to develop yourself and get to know others in the company
Flexible time-schedule
Flexible location (Budapest/ Veresegyház, fix or flexible desk)
Rotations in different finance areas
Leadership presence/exposure (CFO staff pitch out after rotation)
Wellbeing culture: Healthcare Service, cafeteria, life coaching and other services
Work with and learn from subject matter experts
Wing to wing ownership on projects
Thesis writing support
Relocation Assistance Provided: No
GE Vernova is a purpose-built energy technology company on a mission to electrify to thrive and decarbonize the world.
It is made up of three businesses -- Power, Wind, and Electrification -- with focus on accelerating the path to more reliable, affordable, and sustainable energy, while helping our customers power economies and deliver the electricity that is vital to health, safety, security, and improved quality of life.
The world needs more energy, smarter energy. With energy demand expected to grow by more than 50% in the next 20 years, we are continuously innovating to meet the moment…like we have for the past 130 years. The Energy of Change and relentless optimism are what drive us – it’s about never giving up and seeing what’s possible so that we deliver the energy technologies the world needs right now and for generations to come.
GE Vernova’s attitude and edge is embedded in its name. We retain our treasured legacy, “GE,” as an enduring and hard-earned badge of quality and ingenuity. “Ver” / “verde” signal Earth’s verdant and lush ecosystems. “Nova,” from the Latin “novus,” nods to a new, innovative era of lower carbon energy that GE Vernova will help deliver.
Together, we have the energy to change the world.
