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General Electric Accounts Payable Analyst in Budapest, Hungary

Job Description Summary

Job Description

Role Summary/Purpose

This role, Accounts Payable Regional Leader, is part of the GEV centralized Accounts Payable Organization. GEV Accounts Payable is responsible for the execution of accounts payable operations across multiple GEV business units to ensure on time payment to suppliers. This role will include short term tactical and long-term strategic elements in order to drive continuous improvement initiatives with our internal stakeholders and with strategic third-party partners.

This role will report to the GEV Global Accounts Payable Leader.

Essential Responsibilities

  • Responsible for regional, country and/or owner of a specific business accounts payable operations.

  • Establish, implement, and document standardized procedures within the Accounts Payable function, including processes, procedures, controls, and systems.

  • Practice effective monitoring and lean daily management to ensure payments are made to on time to suppliers with the least amount of effort.

  • Act as a subject matter expert on accounts payable processes, systems, and tools.

  • Assess the efficiency and effectiveness of the current processes and systems to identify and implement process improvements.

  • Drive improvement initiatives by utilizing lean methodologies with internal and external stakeholders including buying teams, suppliers and BPO organizations which support the transactional processing.

  • Support STAT, GAP and SOX audits as needed to ensure accuracy of the organization’s financial documents.

  • Protect the business against unintentional overpayment through the implementation of process controls.

  • Partner with GE Corporate to ensure effective and smooth transition of GE Corporate managed accounts payable operations into GEV in order to supplier GE separation.


  • Significant experience in Sourcing, Operations, Supply Chain, finance, or equivalent consulting experience

  • Bachelor's degree from an accredited university or college or equivalent knowledge or experience

Desired Characteristics

  • Strong analytical and problem-solving skills

  • ERP system experience (Oracle/SAP)

  • Sourcing or Analytics experience in a multinational company

  • Comfortable with a broad range of research tools and technologies, analytics, and financial analysis

  • Excellent communication skills (written and verbal)

  • Strong project management skills

  • Strong track record for implementing change and delivering results.

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