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: The Inter Co COE Global Ops Finance Team is a component of the Global Ops Finance organisation. The Global Ops Finance India team provides various services in the area of finance and accounting centred on managing the IBS intercompany activity on behalf of the business. Invoice accounting, cash application, dispute resolution, collection follow-up, payment accounting, providing periodic dashboards, recording of accruals and account recs are key components of the role
Essential Responsibilities: Be the Point of Contact for all IBS Intercompany related activity for BUCs owned •Perform activities on intercompany settlement tool (IBS) and ERP’s on a day to day basis - ensure timeliness & accuracy of data captured. •Perform BUC tasks including Set-Up, release of Transactions, Error handling, Workflows, setting close dates •Drive closure of IBS rejects and holds for BUCs owned •Partner with various Finance Teams to enable success e.g. (B2P, R2R, WCS, SMF, PASU, GAMS, Corporate Treasury, Local finance teams) •Manually book or monitor automated processing of IBS Settlement entries •Manage the IBS to AP import process including resolution of any errors. •Support adhoc project work in line with functional area and leadership priorities •Actively identify process improvement opportunities within relevant areas •Process simplification and standardization for cash and banking activities across multiple businesses •Book borrowing and loan transactions such as cash pool interest accurately and timely •Book Treasury contracts, trades and hedges as required; accurately and timely •Manually book or monitor automated processing of banking transactions •Supporting audits (KPMG, CAS, tax audit, Statutory audit, Central bank audit, Internal audit, etc.) •Preparing operational KPI and drive data collection for periodical reporting •Actively supporting the integration of different GE business processes to the Shared Service Center •Participating in migration activities •Support closing activities including booking accruals and passing relevant Edit Checks •Account month-end journal entries and period close tie-outs •Preparation of relevant Account recs and ensure timely resolution of any open items
Qualifications/Requirements: B.com / M.com / MBA : > 5 Years of progressive accounting experience Expert knowledge of Microsoft Office Knowledge of ERP (SAP / Oracle) will be an added advantage
Desired Characteristics: Good written and verbal fluency in English •Ability to handle quarter end spike in working hours to complete deliverables •Ability to anticipate and resolve challenges •Flexible approach with a strong team spirit •Comfortable delivering against quantitative & qualitative performance metrics •Compliance & controllership mindset •Numerate with a good eye for detail •Good with Basic IT skills including Excel and Outlook Must be a highly motivated self-starting individual Requires strong analytical skills, ability to multi-task, & ability to learn new systems quickly Ability to read, analyse & interpret information Ability to handle business correspondences Ability to effectively present information and respond to questions Strong organizational skills with ability to perform multiple tasks in a fast-paced environment, consistently meeting deadlines with accurate & detailed results.
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