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Commercial Accounting Lead

  • GE Global Operations
  • Experienced
  • Posted 1/23/2017 11:40:14 AM
  • 2701979
  • Job Function: Finance
  • Business Segment: Global Operations Finance
Location(s): United States ; Ohio; Cincinnati


About Us:
GE Global Operations is GE’s shared services organization. We deliver processes in every business and every region around the world. In Finance, Supply Chain, Commercial Operations, and more, we are simplifying the way we work to create better outcomes at lower cost for GE and our customers. We foster rewarding career opportunities that expand horizons, enhance skills, and maximize potential.

We strive to be the world’s best shared services operation, enabling GE's strategy by delivering for our customers, businesses, investors and employees.
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:
As the Commercial Accounting Lead you will be responsible for monitoring and managing accuracy of accounting entries, ensuring that entries are timely, and compliant. This position will be responsible for supporting the Revenue Recognition process.

Essential Responsibilities:
  • Perform deal and contract reviews to ensure adherence with revenue recognition principles
  • Perform account analyses and reconciliations for revenue and deferred revenue related accounts on a worldwide basis.
  • Prepare journal entries for revenue, deferred revenue and accounts receivable related accounts on a worldwide basis.
  • Work closely with international locations as needed to obtain information necessary to analyze deals and reconcile accounts.
  • Responsible for the preparation of quarterly audit schedules and prepare periodic reports to support internal and external reporting requirements.
  • Implement and document processes and procedures as required including Sarbanes-Oxley compliance.
  • Support and participate on company-wide projects for revenue accounting as well as order to cash cycles
  • This role will help develop analytical tools to assess revenue risks and trends
  • Work closely with Business controller, Rev Rec leader and Operational accounting team
  • Stay abreast with technical accounting guidance around Rev Rec


Qualifications/Requirements:
  • Bachelor's degree in accounting or finance from an accredited university or college (or high school diploma or equivalent with minimum 6 years' of relevant work experience in lieu of 4-year college degree)
  • 4-5+ years of revenue or general accounting experience


Desired Characteristics:
  • Familiarity with revenue recognition rules for software industry and working knowledge of ASC 605 & SOP 81-1 preferred.
  • Excellent quantitative, analytical and data-mining skills
  • Strong understanding of larger-company finance and accounting practices including experience with monthly and quarterly close activities, account reconciliations, problem resolution, audit schedule preparation and working with external and internal auditors
  • Excellent written & verbal communications skills
  • Software company experience preferred
  • Rev Pro experience a plus
  • Proficient in Microsoft Office Suite (Word, PowerPoint, Excel)
  • "Self-starter" with outstanding analytical, communication, and technical skills and a can-do attitude
  • Focus on controls and efficiency
  • Ability to work effectively in a team environment as well as independently
  • Confidence, good judgment, energy and personality to work in a dynamic, multi-business unit environment across all levels of management and across business units and functions.
  • Mindset of seeking out constant process improvements and initiative to implement new efficiencies
  • Strong attention to detail
  • Demonstrated ability to multi-task, perform in a fast-paced environment & respond quickly and creatively to situational needs as they arise


Locations: United States ; Ohio; Cincinnati

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.
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