GE Finance Associate - Accounting Operations in Chennai, India

Job Number

2790444

Business

GE Global Operations

Business Segment

Global Operations Asia

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.

Posted Position Title

Finance Associate - Accounting Operations

Career Level

Experienced

Function

Finance

Function Segment

Controllership

Location(s) Where Opening Is Available India

City

Chennai

Relocation Assistance

No

Role Summary/Purpose

Handle the manual and systematic intercompany transactions between multiple entities including but not limited to raising intercompany invoices (in ERP and / or in Internal billing system).

Essential Responsibilities

Payments follow-up, invoice accounting & payment processing, withholding tax certificate follow-up, invoice rejection / hold resolution, query resolution with respective internal stake holders and other statutory and regulatory compliance activities.

Reconcile total company intercompany balances, as well as being the conduit between all entities for intercompany transactions.

Tie out DR balances/counter party confirmations and backups.

Interactions with internal & external auditors and assisting in quick turnaround of data & backups.

Understanding of various ERPs and IBS system and their accompanied interfaces. Also assist the Other Global Operations and Business Team with period close accounting and reporting responsibilities.

Reconcile transactions between all separate legal entities for internal and external reporting. Including, but not limited to: inventory transfers, sales, COGS, financing, payroll, and intercompany payables/receivables.

Developing expertise with inter co settlement tool – IBS and various billing engine across the company

Preparing / reviewing / set up of various billing unit codes to enable inter co billing

Training & supporting inter co analysts and new joiners

Assist team on projects relating to driving efficiencies in reporting. Month end work including preparation of journal entries, account reconciliations, and completion of other ad hoc requests.

Assist with the preparation of periodic leadership review decks. Participation in compliance reviews and maintenance.

Participating in new system testing and implementations in accord with Treasury HQ and HUB requirements

Actively supporting and acting as a first point of contact for the integration of different GE business processes to the Shared Service Center

Operates process controls and highlights potential defects

Performed daily activities always in accordance with legal requirements, internal regulation compliance

Archiving hard copy and electronic documents according to internal policy

Qualifications/Requirements

B.com / M.com – One to three years of progressive accounting experience.

Working knowledge of Microsoft Office

Knowledge of ERP (SAP / Oracle) will be an added advantage

Desired Characteristics

Must be a highly motivated self-starting individual who can use their work experience to reconcile transactions

• Requires strong analytical skills, ability to multi-task, and ability to learn new systems quickly

• Ability to read, analyze, and interpret information

• Ability to handle business correspondences

• Ability to effectively present information and respond to questions

• Strong organizational skills with the ability to perform multiple tasks in a fast-paced environment, consistently meeting deadlines with accurate and detailed results.