General Electric Accounts Payable Analyst in Budapest, Hungary
Job Description Summary
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.
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
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.
GE Vernova: Leading a New Era of Energy
Addressing the climate crisis is an urgent global priority. If we want our energy future to be different … we must be different. That is our singular mission.
GE, the 130-year-old energy pioneer. Our unwavering commitment to powering the planet, now fully focused on the energy transition. No company has the unique combination to pioneer what’s next – just as we have before. As we answer the call with renewed purpose and vigor, we are moving our GE energy businesses—including Renewables, Power, Digital and Energy Financial Services — under one banner to deliver a united, focused, one-of-a-kind force: GE Vernova. Together, with our customers and partners, we will chart the course to a better future.
Our mission is embedded in our new name. We retain our treasured birthright, “GE,” in our name as an enduring and hard-earned badge of quality and ingenuity. “Ver,” “verde,” “verdant,” all signal Earth’s verdant and lush ecosystems. “Nova,” from the Latin “novus,” nods to a new, innovative era of lower carbon energy that GE Vernova will help deliver.
Our new name sounds different, because it is. GE Vernova will act swiftly and surely to help build a cleaner, better future. This is not business as usual: this is business purpose-built to lead the new era of energy.