Location(s): United States ; Pennsylvania; Trevose
About Us: 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.
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: GE Water is a Global company with a varied supply chain footprint across product, assembly and services business model. The Intercompany Process Leader will be a process-minded expert who can quickly link operational triggers to financial processes across GE businesses, drive standardization, and influence process change effectively in an organized manner.
Essential Responsibilities: The Intercompany Process Leader will be responsible for translating operational activities into inter-GE businesses finance processes for GE Water & Process Technologies globally. You will own the wing to wing process and policy related to GE account reconciliations and transactions focusing on monitoring key inputs for accuracy & standardization.
In addition, you will:
Understand international intercompany purchases and sales and their settlement operations of GE Water with other GE businesses
Understand the system of systems and ERPs related to inter-business relationships (IBS, SAP)
Define and own implementation of accounting policies for GE intercompany relationship
Be responsible for documenting the intercompany processes and related transactional flows in SAP through process flows and process narratives
Developm process health metrics and rhythms to monitor all account reconciliation and balanced transactions
Partner with Commercial, Invoice-to-Cash, Buy-to-Pay, Product Management and Supply Chain Analyst to build processes for active communication of changes in standards that will impact operational decisions
Ensure all intercompany processes (e.g. IBS transactions configuration, customer and supplier master data linked to GoldNet or IBS, cash and settlements) are working effectively and efficiently
Support Global FX & Hedging leader in providing analytics and guidance on balance sheet and flow hedging for intercompany transactions in non-functional currencies to mitigate FX exposures
Provide Controllership quarterly and adhoc balance sheet analytics and commentary to explain intercompany balance composition and major variance drivers
Simplify the account reconciliation process to standardize account reconciliation support globally and digitize / automate where possible
Implement and provide quarterly representation letter to Controllership on the key intercompany process controls. Develop action plans to resolve any identified issues to mitigate risks to financial results
Monitor and resolve issues in high risk kick-out and undistributed expenditure accounts
Own and drive improvement to intercompany monthly and quarterly closing process, including reduction in closing cycle time, edit checks, and manual journal entries
Bachelor's Degree in Accounting or Finance from an accredited college or university (or High School Diploma / GED with a minimum of 4 years of experience in a finance role)
Minimum of 8 years of business experience
Experience working in an ERP e.g. SAP, Oracle, etc.
Demonstrated leadership style showing capabilities to accelerate change, work in a rapidly changing environment and operate in cross functional teams
Strong communication and collaboration skills
Ability to work flexible hours in order to accommodate the global nature of this role
Ability to travel periodically
Desire and ability to navigate information gathering through the use of data warehouse tools and ERP systems
Strong inclusive leadership skills
Ability to lead effectively and influence across broad organizations to achieve results
Creative, imaginative, and a courageous approach to problem solving
Ability to operate in a fast-paced environment with results-oriented mindset
Comfortable with an “act, iterate, pivot” approach to leading change
Strong process expertise with hands-on approach
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