Business Segment: Power Water & Process Technologies
Location(s): United States; Pennsylvania; Trevose
About Us: GE announced they signed a definitive agreement to sell the Water & Process Technologies business to SUEZ, a services and solutions company with global operations primarily in water and waste management. The deal will be subject to customary closing conditions such as regulatory review and appropriate consultation and we expect this to be complete by mid-2017. 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.
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 Power is a world leader in power generation with deep domain expertise that helps customers deliver electricity from a wide spectrum of fuel sources. We are transforming the electricity industry with the digital power plant, the world’s largest & most efficient gas turbine, full balance of plant solutions and our data-leveraging software. Our innovative technologies and digital offerings help make power and water more affordable, reliable, accessible and sustainable.
GE offers a great work environment, professional development, challenging careers, and competitive compensation. GE is an Equal Opportunity Employer. Employment decisions are made without regard to race, color, religion, national or ethnic origin, sex, sexual orientation, gender identity or expression, age, disability, protected veteran status or other characteristics protected by law.
Role Summary: This role will own the translation of operational activities into finance processes for GE Water & Process Technologies globally. In this role, the Commercial Finance Process Leader will own the wing to wing process from order creation to cash collection, focusing on monitoring key inputs for accuracy & standardization.
Essential Responsibilities: In addition, you will be a process-minded expert to quickly link operational triggers to finance processes, identify and standardize global inconsistencies, & drive process change in an organized manner.The Commercial Finance Process Leader will demonstrate leadership in communicating business goals, programs, and processes for an area or business segment. In this role you will utilize your experience and expertise to solve problems, develop and execute objectives for self and others, and have the ability to effect short-term and some long-term business goals.
In addition, you will:
Serve as a business partner to regional and global commercial finance and operating team to drive business initiatives
Create process flows for revenue cycle from order creation to invoice generation
Partner with technical / business leaders and staff to drive process health scorecards
Ensure operational processes are in compliance with revenue recognition policies
Be responsible for annual update of revenue recognition assumptions in compliance with GE GAP (General Accounting Procedures)
Define sub-processes, owners and operating procedures to drive process accountability
Serve as Global owner of customer order policy and reporting
Own system architecture including hierarchy management and reporting
Define and manage master data maintenance process
Drive process improvement and demand reduction
Interface with GOF (Global Operations Finance) and Operations teams
Support internal audit requests related to revenue recognition
Bachelor's Degree in Accounting or Finance from an accredited university or college (OR a High School Diploma / GED with a minimum of 4 years of experience in a finance role)
Minimum of 5 years of experience in Finance
Master's Degree of Business Administration
Able to anticipate, identify, and resolve complex financial issues
Strong oral and written communication skills
Ability to drive projects independently with minimal daily supervision
Strong interpersonal and team engagement skills
Established analytical and project management ability
Ability to document, plan, market, and execute programs
Established project management skills
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