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 HungarySSCHU
Role Summary: The Record to Report (R2R) Global Ops Finance European Team is a component of the Global Ops Finance Europe organisation. 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.
Manage and perform US GAAP general accounting activities on behalf of local GE Businesses
Validate and apply the appropriate accounting principles on unusual/non-routine transactions.
Perform tie out and resolve disconnects on process related activities
Perform activities required for month-end closing ( performing balance sheet and P&L reconciliation, comments ) according to the respective business deadlines
Assist in monthly and quarterly balance sheet and P&L review and prepare variance analysis
Prepare all balance sheet account reconciliation, open items are accurately closed
Analyze process transactions and its potential financial impact
Understand GE Policies and ensure that all accounting processes are in line with GE regulations and principles, , and confidentiality is respected in data handling when working with personal data and/or sensitive data
Identifies opportunities in his/her job duties to simplify.
Participate in accounting initiatives and projects for further improvement
Support junior team members
Maintain strong working relationship with the local operation and controllership team, and FP&A
Support the statutory team providing details for preparation of statutory accounts for the respective GE Business
Support to be provided to External and Internal auditors
Besides the main tasks and responsibilities listed above, responsible for completing any other tasks assigned by her/his supervisor or man
Written and verbal fluency in English
Solid Accounting experience in a multi-gaap environment
First experience of closing the books, ideally in an international environment or in the R2R function of an SSC
Understands the composition of financial statements (Cash Flow, Profit & Loss, Balance Sheet) and key financial metrics
Ability to learn/ understand Standard & Processes quickly and adhere to them accurately
Has technical skills required to complete everyday operational duties with minimal supervision.
Flexible approach with a strong team spirit
Effective interpersonal & communication skills and highly professional style
Comfortable delivering against quantitative and qualitative performance metrics
Compliance & controllership mindset
Numerate with a good eye for detail
Proficient IT skills including Excel and Outlook
First-hand closing experience with Oracle, SAP or another ERP
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