Steam Power Services Operations Finance - Fossil & Reporting leader

Job Description SummaryCoach, drive and lead lean behaviors, principles, and tools across a functional area. Drive cultural transformation resulting in step-change in operational business metrics.
Responsible for driving technical accounting compliance, financial and operational internal controls, process simplification, and operational excellence to deliver accurate actual financial reporting and analysis. Has in-depth knowledge of best practices and how own area integrates with others; has working knowledge of competition and the factors that differentiate them in the market

Job Description

RESPONSIBILITIES:

Your Role:

• Lead & develop the project accounting team responsible for Fossil projects to simplify and create world class standard processes & policies resulting in proactive predictable financial management of the portfolio.

• Support on global reporting activities

Standard Process

• Support the development and implementation of strategies for project accounting process harmonization and standardization across business segments, enhancing efficiency and aligning with organizational goals.
• Lead change management initiatives and drive process improvements, establishing performance metrics to ensure alignment with business objectives and achieve significant efficiency gains.
• Support and deliver training programs to build capabilities and ensure adherence to standardized processes.

Project Accounting & Business Segment Support

• Lead Proj Controlling team for Fossil
• Support new organization set up and create autonomy on Regional Leaders
• Oversee all financial aspects of project accounting for Steam Services Fossil projects including project setup, actuals booking, revenue recognition, manual journal entries, PMR and reconciliations.
• Partner cross-functionally with the segment operations teams & fulfillment leaders in the pacing process to deliver baseline financial case to ITR Finance, facilitating risk and opportunity management.
• Partner with FP&A on the financial submissions for all planning cycles, pacing, and monthly operating rhythms.
• Ensure financials of projects are in line with GAAP (e.g., revenue recognition, journal entries, etc.) and compliant with statutory regulations & global accounting policies.
• Communicate balance sheet position to senior management on a quarterly basis.
• Support process to ensure legal entity financial quality (i.e., documentation for regulatory purposes, cash tax impact implications, etc.)
• Provide internal and external audit support relating to project accounting activity, balance sheet and P&L.
• Drive a spirit & letter of excellence in Controllership (e.g., adherence to GE policies, transfer of best practices, internal controls, etc.).
• Champion LEAN culture, lead transformation efforts in alignment with broader finance strategy, guide continuous improvement of processes, & prioritize automation opportunities.
• Identify, recruit, grow, and retain talent with appropriate levels of expertise to deliver on the daily management and/or transformational priorities of the organization.
• Foster strong partnership with and maintain accountability for execution performed by third party vendors on behalf of the Services Operations Finance organization.
• Maintain systems and processes for analyzing and reporting operating results to management, collaborating with IT to drive system automation and optimize processes as needed.

Required

• Graduated in economy or business administration or as an accountant
• Significant work experience in similar position
• SAP expertise
• Demonstrated ability to lead a global team
• In case of comparable skill set and talent Steam Power candidates will be prioritized

Additional Information#LI-Remote - This is a remote position