Senior
GE Vernova · Budapest, Hungary · Hybrid
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Manage month end and project accounting for onshore wind commercial projects including revenue recognition and reconciliations.
Worth knowing: Role focuses on ASC 606 revenue recognition and project accounting
Job Description Summary You will manage the accounting and closing processes of commercial projects in GE Vernova’s Onshore Wind business as part of the Commercial Controllership team. This involves General Ledger accounting, project accounting, account reconciliations, maintaining strong controls, driving operational excellence and efficiency in a team that is very close to the actual business events of wind turbine sales and project execution. Job Description Essential Responsibilities Timely, and accurate preparation of activities required for quarter-end and month-end closing (performing accounting, ERP module closing, balance sheet reviews and analysis according to the business deadlines). Periodically review and analyze project financials, proactively identify issues/problems and lead their resolution. Review wind turbine sales contracts for revenue recognition purposes. Build strong partnership with stakeholders across functions, including close cooperation with project management, project finance and other controllership teams. Lead various operational initiatives (e. g. simplifications, system changes, new policies implementation, etc.) Prepare and review monthly and quarterly balance sheet account reconciliations. Ensure controllership & compliance with especially ASC606 as well as GE Vernova’s accounting policies in general. Prepare/update documentation of revenue recognition controls. Ensure that internal controls and check points are in place and are followed. Coordinate, review and support day-to-day accounting and close activities performed by outsourced teams. Support external and internal audits. Besides the main tasks and responsibilities listed above, be responsible for completing any other tasks assigned by her/his supervisor or manager. What we offer Unusually close involvement in and insight into the actual business – financial transactions are directly connected to business events, decision making involvement in how these business events are accounted, participation in project meetings to foresee accounting events during closing etc. – less abstract and less repetitive than other controllership roles. Learning experience and growth opportunities in a small team of very experienced professionals. Flexible working hours and extensive optional home office. Modern and well-equipped office facilities.
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