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Lead Finance Specialst - Project Control

  • GE Power
  • Experienced
  • Posted 1/16/2018 2:51:12 PM
  • 2967525
  • Job Function: Project Management
  • Business Segment: Power Gas Power Systems
Location(s): Brazil; Barra dos Coqueiros - Sergipe


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.


Role Summary:
Overall responsibility for Site financial accounting and reporting, whilst fulfilling the dual role of both Guardian of
the Rules for Internal Control and as Business Partner to the Site Management team.


Essential Responsibilities:
  • The Site finance Controller is a key member of both the Site Management team and the overall Project Controlling team, and shares the local responsibility for commercial and financial aspects
  • Responsibility to report any noted issues of financial concern, conflict of interest or potential impropriety by Site staff
  • Ensure accurate, compliant and transparent financial management of Site
    Management of Fixed Assets on-Site
    Ensure Internal Controls understanding, ‘buy-in’ and compliance by Site Management team
  • Ensure implementation and communication of correct application of Delegation of Authority (DoA) on-Site

    Financial Management
    Involvement in setting up, managing and closing down Site from a financial perspective, with particular ownership of the financial reporting and ERP systems
    Accounting for all Site financial activities in the ERP system on a timely, accurate and complete basis, and in accordance with IFRS and local GAAP requirements
  • Ensure compliance with all Tax requirements and any other relevant local legislation
  • Ensure all financial management tools and systems are implemented, and that relevant procedures are documented and closely followed on-Site
    Monthly reconciliation of relevant Site accounts, including any suspense accounts
    Ensure all Onshore costs are allocated to the appropriate Cost Position in the ERP system
    Ensure consistency between balances reported in ERP system with corresponding costs recorded via Site Procurement, as Manpower and for Civil / M&E Erection Subcontractors
    Management of all NCR, FSI and VAC events as custodian of the Non-Conformances Master List, and as a stakeholder in the creation of accounts for NCCs in the ERP system, their correct cost allocation and eventual cost recoveries, where applicable
  • Provide regular financial and contractual evaluation of Suppliers and Subcontractors to minimize risk of non-performance
    Communicate any observed ‘early warning signs’ pertaining to potential financial difficulties of Subcontractors on-Site to Construction Management
    Conduct ad-hoc reviews and evaluations for potential cost reduction opportunities
  • Reporting
    Shared responsibility and overall custodianship in consolidating, reviewing and presenting Monthly Construction Cost Forecasts, including As Sold Budgets, Expended Costs, Committed Costs and Cost to Complete for all Disciplines therein
    Promote the importance of, and compliance with established accounting concepts and Internal Control fundamentals by key non-Finance stakeholders on-Site (including SIM, OCM, Head of Civil / M&E Erection) in their periodic reporting requirements
    Provision of regular review, analysis and consistency checks of financial and non-financial information – and the connection therein – presented by Site Management team
  • Preparation of Site Monthly Financial Report
    Periodic analysis and challenging of key assumptions derived in the preparation of cost reporting for NCCs, Risks and Opportunities, and Claims
    Involvement as key stakeholder in the preparation (as Process Owner), sign-off (as FD), and follow-up of any Action Plans in Site’s Internal Control Questionnaire
    Ad-hoc reporting for SIM, LPC and Unit FD as required
    Provision and interpretation of financial information for Site


Qualifications/Requirements:
  • Relevant University Qualification (e.g. Commerce, Business, Accounting, Finance)
  • Minimum 5 years Business / Project / Cost Controlling or Construction experience
  • Knowledge of Controlling and Performance Management, Accounting, Reporting and Processes and Internal Control
    Operational Effectiveness and Accountability
    Collaboration and Teamwork
    Communicating with transparency
  • Fluent in English and Portuguese
  • Ability to make decisions
  • Sense of urgency
  • Resilience
  • Convincing and Influencing
  • Good Risk Management


Locations: Brazil; Barra dos Coqueiros - Sergipe

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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