GE Finance Associate - Accounting Operations in Chennai, India
GE Global Operations
Global Operations Asia
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
Location(s) Where Opening Is Available India
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).
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
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
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.