GE Jobs

Mobile GE Logo

Job Information

General Electric Lead Business Analyst, Corporate Payments COE in Budapest, Hungary

Role Summary:This role is responsible for ensuring successful delivery of payment transactions to the Treasury Infrastructure for transmission to banks, including onboarding of new entities and continuous improvement of business systems & processes to eliminate payment defects and reduce cost.

Essential Responsibilities:

  • Lead transformation projects to leverage LEAN processes

across the Payments COE for the Disbursements processes to meet customer

expectations for SLA’s and Quality and to meet productivity goals. Share best practices across other teams to

drive continuous improvement. Drive and

report out on KPI’s.

  • Be an ambassador for creating a LEAN culture that

facilitates adequate segregation of duties, risk mitigation and operational

efficiency.

  • Support AP

implementations on GE ERP systems across multiple regions. Share expertise and

own providing requirements for payment processes and modifications/enhancements

to payment program logic during the projects to ensure successful payment

execution at go-live. Collaborate with functional owners and other teams during

project life cycle, including banking setup verifications, testing, rifle shot

payments and Hypercare. Provide training

and ensure successful handover to operational teams.

  • Communicate project status, timeline, and challenges or

risks to leadership in a complete and timely manner.

  • Identify and support strategic projects to reduce ERP

payment defects, eliminate manual payments, remove process waste and improve

controllership. Support adherence to

Enterprise Standard processes by minimizing exceptions and creating

streamlined, automated solutions.

  • Actively seek out improvement opportunities in the project

management framework and drive LEAN initiatives to increase project efficiency

and drive down cost.

  • Coach operational teams and facilitate LEAN problem solving. Assist teams to identify & execute

countermeasures to improve supplier data capture, update mapping rules to

reduce failures, refine business processes or otherwise solve business

problems.

  • Monitor changes in bank or country funds transfer rules and

ensure that Supplier Data System, ERP & PFI are kept current with any

changes required by Banks or Treasury Infrastructure.

  • Manage and escalate critical system and bank production issues

requiring interface with Bank, IT and Product Management leaders to ensure

timely resolution.

  • Collaborate with upstream and downstream stakeholders, including

S2P organization, IT teams, Treasury Infrastructure & Operational teams to

establish shared accountability for ensuring timely and successful payments

execution, in order to continuously improve process performance and quality,

and obtain productivity. Assist with

solving repetitive system and bank production issues requiring interface with

Bank, IT and Product Management leaders to ensure timely resolution.

Qualifications/Requirements:

  • Bachelor's degree in business administration, finance,

accounting, or related area.

  • Minimum of 5 years’ of financial services experience or

treasury/payments experience

  • Demonstrated experience with relevant business ERP systems

(ie: Oracle Financials, AP platform user experience, Perceptive, SAP) and

payment system infrastructure (i.e. Trax, TRS, Webcash)

Desired Characteristics:

  • LEAN experience a plus

  • Broad understanding of banking networks, payment systems,

collections, disbursements, FX, pooling/concentration.

  • Adaptable/flexible: open to change in response to new

information, different or unexpected circumstances. Able to work in ambiguous situations. Experienced in a matrix and global

environment preferred

  • Proven ability to work independently to achieve results.

  • Strong organizational skills – ability to effectively manage

multiple tasks simultaneously in fast-paced environment

  • Strong analytical and problem-solving skills

  • Knowledge of AP Procedures (i.e. PO, Invoice processing,

etc.).

  • Knowledge in Accounting principles

  • Candidates with experience with GE S2P and SSS processes will

have a strong advantage

  • Project management skills: project plan development and

execution

  • Experience working with cross-functional teams and driving

results across multiple stakeholders and departments.

  • Strong influencing skills across business functions and with

external partners

  • Knowledge of Swift Payments and Messaging Systems such as

SWIFT payments (MT 103/MT103/MT 202 preferred) a plus

  • Familiarity with SQL to facilitate collaboration with IT a

plus

  • Experience working in global business environment with a

sound understanding of global process and transactional flows.

About Us:GE (NYSE:GE) drives the world forward by tackling its biggest challenges. By combining world-class engineering with software and analytics, GE helps the world work more efficiently, reliably, and safely. GE people are global, diverse and dedicated, operating with the highest integrity and passion to fulfill GE’s mission and deliver for our customers. www.ge.comAdditional Locations:Hungary;Budapest;

DirectEmployers