GE Lead Operational Controllership Analyst - CCoE in Budapest, Hungary

Job Number

2792301

Business

GE Global Operations

Business Segment

Global Operations Finance

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.

Posted Position Title

Lead Operational Controllership Analyst - CCoE

Career Level

Experienced

Function

Finance

Function Segment

Controllership

Location(s) Where Opening Is Available Hungary

City

Budapest

Postal Code

1138

Relocation Assistance

No

Role Summary/Purpose

The role is within the Global Controls Center of Excellence. The CCOE performs internal controls testing and monitoring activities across compliance, operational, and financial reporting objectives. The Lead will supervise a team to assess the efficiency and effectiveness of GE operations and will propose process improvement recommendations and help prepare reporting for business leadership. Candidates who are successful will have the opportunity to rotate into other roles within GE.

Essential Responsibilities

CCOE responsibilities vary based upon individual workplans but will include a subset of these responsibilities:

  • Lead and execute SOx program including providing direction to junior analysts to:

  • Perform walkthroughs of business cycles and assess the effectiveness of the processes and controls (Tests of Design)

  • Develop or update in-scope process narratives, flow charts, and control matrices

  • Execute testing for various business processes and headquarter level activity in accordance with defined test attributes and guidance (Tests of Effectiveness)

  • Perform roll-forward testing

  • Prepare and complete testing work papers in GE audit tool (Auditworks)

  • Monitor, follow up on the status of corrective action plans, and test the remediation of identified deficiencies

  • Complete impact analyses for identified deficiencies and formulate recommendations to mitigate identified deficiencies and improve control environment

  • Evaluate 3rd party SOC reporting and appraise coverage of user control considerations

  • Test account reconciliations and manual journal entries for policy compliance

  • Scope and execute regional internal audits at high risk sites identified in business risk assessments

  • Perform functional segregation of duties assessments for critical applications

  • Develop and execute testing plans that assure adherence to internal policy and legal/regulatory requirements

  • Develop and refine analytics to identify high risk events and transactions in support of continuous controls monitoring

  • Oversee and assist with Anti-Bribery/Anti-Corruption monitoring program including:

  • Investigate high risk transactions and perform root cause analysis on exceptions

  • Assess due diligence and payment control requirements for administrative service providers (ASPs) for due diligence

  • Provide periodic reporting into Compliance and Controllership

  • Lead or assist with adhoc assessments and controllership projects

  • Lead migration of controls testing from business teams to shared service center and ad hoc controls projects

  • Develop more junior Controllership specialists

  • Partner with broader GE controllership community to ensure consistent methodologies, policies, and alignment of resources with respect to audits and controls

Qualifications/Requirements

  • Bachelors degree from an accredited university or college in Accounting or Finance

  • Strong experience in audit or risk management

  • Skilled in identifying risks & controls and developing audit tests of controls

  • Ability to travel domestically and internationally up to 25%

  • Written and verbal fluency in English

Desired Characteristics

  • Understanding of the COSO framework, SOx, FCPA, internal controls & test plan development

  • Public accounting experience preferred

  • Multi-national experience preferred

  • External certification preferred: CPA, CA, CIA, CISA, CFE

  • People management and personnel development experience

  • Experience leading cross-functional teams in multiple geographies

  • Excellent verbal and written communication skills

  • Strong analytical, interpersonal and leadership skills with orientation toward process improvement

  • Proficiency in Microsoft Suite (Excel, PowerPoint and Word)

  • SAP / Oracle experience desirable

  • French language skills highly desirable