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Intercompany Process Leader

  • GE Power
  • Experienced
  • Posted 1/13/2017 11:00:32 AM
  • 2824877
  • Job Function: Finance
  • Business Segment: Power Water & Distributed Power
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


Qualifications/Requirements:
  • 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


Desired Characteristics:
  • 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

To stay connected with exciting news and the latest job opportunities from GE businesses, follow us on twitter: @geconnections

Locations: United States ; Pennsylvania; Trevose

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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