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Cost Analyst

  • GE Power
  • Experienced
  • Posted 7/26/2017 5:44:30 PM
  • 2904843
  • Job Function: Finance
  • Business Segment: Power Water & Process Technologies
Location(s): Hungary; Budapest

About Us:
GE is the world's Digital Industrial Company, transforming industry with software-defined machines and solutions that are connected, responsive and predictive. Through our people, leadership development, services, technology and scale, GE delivers better outcomes for global customers by speaking the language of industry.
GE has confirmed it is exploring options for selling the Water & Process Technologies business. The plan to divest the business is a strategic decision that provides an opportunity to reposition the business for growth and further invest for long-term success. Water & Process Technologies will operate business as usual through this process and will continue to meet its commitments to its valued customers and employees. This includes hiring strong talent to help the business grow and be successful. GE is targeting to complete the sale of the business by mid-2017.

Role Summary:
This role will be responsible for insuring the integrity of all financial transactions relating to daily and annual development of standard product costing and the revaluation of inventory. PPV/POV analysis is also part of this role. Additionally the analyst also works together commercial/product and sourcing in costing projects/issues.
This role requires cross-functional engagement, ability to understand and analyse complex accounting, finance, and operational processes.

Essential Responsibilities:
  • Prepare annual standard product costing profile update and routine workflow requests for plant/warehouse costing updates/extensions
  • Daily product costing
  • Own and update all Water CMS standard product costing policies and procedures
  • Support Commercial/Operations & Product Mgmt. on pricing, bids, and costing issues
  • Ensure controllership and consistency of standard costing process across all regions
  • Drive GAAP compliance through regional/operations teams
  • Prepare and analyze make versus buy analysis (insourcing)
  • Own production process order settlement and PPV/POV analysis
  • Respond to client ad-hoc requests for customized data and reports in a knowledgeable and flexible manner

  • Bachelor's degree in Accounting, Finance or equivalent
  • Significant experience in a Finance/Accounting analyst role
  • SAP experience is a strong benefit
  • Proficiency in Excel and MS Office
  • Fluent English

    Desired Characteristics:
  • Supply Chain finance experience
  • Proficiency in Excel & MS Office
  • Strong oral and written communication skills
  • Advanced level of English (both written and spoken)
  • Team player
  • Demonstrated ability to anticipate, identify and resolve complex financial issues
  • Proven excellent analytical abilities

    Locations: Hungary; Budapest
  • Apply Now    

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