As HDGT Services CSA Operations Finance Lead Specialist, you will be responsible for the accounting, closing, and pacing activities for the HDGT CSA Business line to ensure timely and accurate financials for India, Sri Lanka, Bangladesh and Singapore. You will partner with Operations, Fulfillment, and Services ITR Finance to achieve outcomes. Areas of responsibility include project set up, performing contract margin reviews, pacing validation, monthly & quarterly closing activities, account reconciliation, assisting with Stat & Tax audits by providing appropriate data.
Roles & Responsibilities:
Manage all financial aspects of project accounting for HD Services CSA projects including project setup, actuals booking, revenue recognition, manual journal entries and reconciliations, CMRs and monthly / quarterly closing and reporting for the contracts assigned
Ensure financials of projects are in line with GAAP and compliant with statutory regulations & global accounting policies.
Maintain strong connection with Operations to validate contract data (project cost, invoicing), prepare financial output, and communicate to CPMs, CSLs, and broader finance community
Support operations by approving credit notes, recording bad debt and bonus/liquidated damages
Review and reconcile periodic balance sheet accounts related to projects & prepare and present balance sheet reviews as required
Actively participate in contract handover reviews from Inquiry to Order (ITO), to Order to Remittance (OTR) i.e., T&C clarifications, project setup, payment security, hedging evaluation, etc.
Perform Margin Review and mini MR calculations and CONFIRM reconciliation and be the main finance focal point in CMR with the guidance from team leader
Download & prepare Powerbi data as part of the pacing process for validation with Operations (CPMs)
Possess detailed knowledge of the pacing case to enable BU Finance in optimizing the case
Monitor intercompany transactions related to projects & partner with central IBS team to problem solve rejects & holds
Provide internal and external Audit support relating to project accounting activity, balance sheet and P&L as needed
Work with the Team Leader to identify improvement areas and implement standard processes & policies fostering LEAN culture
Participate in region & global lean and simplification projects
Required Qualifications:
Bachelor Degree in Finance, Accounting or Business Administration, or equivalent international degree
3+ years of experience in Finance and/or Operations in progressively larger positions of responsibility
3+ years of Financial Systems & Data Experience
Desired Qualifications:
Expertise in Alpha Uplift ERP , PowerBI, ConFIRM, Emerald Tableau
Solid understanding of USGAAP and statutory accounting principles with ability to translate accounting requirements to ERP solutions
Demonstrated ability to deliver with focus, prioritize and perform in a fast-paced environment and respond quickly
Experience and interest in driving process improvement
Excellent time management, organizational and data driven skills
Adaptable/flexible: open to change in response to new information, different or unexpected circumstances, and/or ability to work in ambiguous situations
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.
