About Us: GE Global Operations is GE's multi-functional shared services organizations focused on delivering better outcomes at lower cost for our businesses and our customers. The strong partnership between Global Operations and GE Businesses creates a collaborative work culture and broadens best practice and industry knowledge sharing across the enabling functions. We believe that by keeping GE customers at the heart of everything we do, we will help GE work smarter, better and faster, allowing GE businesses to be more competitive in the global marketplace.We are teams of functional process and domain experts, focused on the solutions that deliver results for the company. We think Big, we act as One, We deliver with Speed ... so GE Works.Required: Successful applicant will be legally eligible to enter into an employment relationship under the laws of Hungary
Role Summary: The Record to Report (R2R) Global Ops Finance European Team is a component of the Global Ops Finance Europeorganisation. The R2R Global Ops Finance Europe team is in charge to provide support mainly related to the regular activities related to the closing of the books of GE’s affiliates across countries in Europe.
Services scope include preparatory and closing activities in areas like Compensation & Benefit, Treasury, Commercial, Supply Chain, Other Asset and Liabilities, Cash&Banking, Payments, Closing & Reporting and Intercompany.
Ensure monthly, quarterly and annual close processes
Lead reviews of closing checklist to ensure all close related issues have been resolved
Review and control & monitor reconciliation process at monthly / quarterly closing cycles
Interpret, explain and influence on complex accounting principles and commercial business impact.
Identify and resolve issues across different sets of financial data.
Identify opportunities to improve closing activities
Brainstorms for ideas to drive simplification.
Generate complex financial reports, according to US GAAP standards (monthly, quarterly and annual)
Identifies & provides key financial data to enable decision making at senior leadership level.
Ensure implementation and understanding of the financial policies and procedures in compliance with local legislation and the company rules
Ensure compliance to finance standards and practices • Support the more junior accountants in the team
Actively participate in migrations / coordination – monitoring the transitions
Go to person for Auditors, Controllers
Ensure Internal controls in place, takes a leading role in mitigating risks
Bachelor’s degree in accounting, finance, or other business related field, strong, multi-GAAP accounting experience
Proficiency in the English language;
Ability to coordinate the work of junior members and external service providers
Highly organised with demonstrated ability to meet commitments within strict deadlines
Has a deep understanding of how operational processes link to the financial statements.
Understands the interdependencies of key financial metrics / ratios.
Able to re-prioritize / re-organize to work through roadblocks.
Is comfortable to execute through uncertainty
Embrace change in response to new information and in different or unexpected circumstances
Strong verbal and written communication skills
Computer Literacy: MS Office, particularly Excel, and an ERP system
Flexible approach with a strong team spirit
Effective interpersonal & communication skills and highly professional style when dealing with GE Country affiliates& auditors
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