General Electric Lead Operational Controllership Analyst in Budapest, Hungary
GE Global Operations is GE's multi-functional shared services organizations focused on delivering better outcomes at lower cost for our businesses and our customers. The strong partnership between Global Operations and GE Businesses creates a collaborative work culture and broadens best practice and industry knowledge sharing across the enabling functions. We believe that by keeping GE customers at the heart of everything we do, we will help GE work smarter, better and faster, allowing GE businesses to be more competitive in the global marketplace.
We are teams of functional process and domain experts, focused on the solutions that deliver results for the company. We think Big, we act as One, We deliver with Speed … so GE Works.
The Operational Controller is responsible for controllership activities in relation of GE Healthcare's legal entities in four countries of the Central Europe region (Switzerland, Bulgaria, Serbia, Croatia). Functionally he/she reports to the Operational Controller Central Europe and oversees financial and statutory reporting and compliance with local rules and regulations, provides technical Controllership guidance and supports stakeholders in the business.
Monitor monthly financial close process to ensure timely, accurate reporting by forming strong links with the Global Ops teams. Validate financial analysis of balance sheet accounts performed by the process teams to ensure compliance, integrity of account balances/financial reporting and effectiveness of business processes.
Drive consistent and effective policies and procedures during monthly/quarterly close process including GE Corporate Data Request submissions, representation letters & adjusting entries.
Research and advise on complex technical accounting issues.
Oversee and support the statutory and tax reporting processes of the legal entities to ensure compliance with local laws, tax rules, government regulations and filing requirements. Closely liaise with GOF statutory team responsible for stat preparation for Swiss entities and with PwC (stat preparers for Bulgaria, Serbia, Croatia) during statutory preparation, with audit coordination teams for internal and external (KPMG, Tax Authorities) audits to ensure all deliverables are submitted timely and at a high standard and with the different tax stakeholders to ensure tax compliance.
Partner with numerous business functions to align Controllership initiatives and priorities to ensure controllership deadlines are met. Communicate any changes in processes to ensure Global initiatives are adopted correctly.
Be the point of contact between business and different process teams and process experts (e.g. GOF process teams, KPMG, TAX Experts etc.) for escalation, queries etc.
Help lead simplification initiatives in the CE region across the One GEHC entities to reduce complexity and enable local teams to focus on value added analytical/strategic tasks.
Monitor and support stabilization of recently migrated processes of Biosafe SA (Switzerland)
Own accounting and reporting of foreign Biosafe subsidiaries (Brasil, Hong Kong) and drive closure of these legal entities
Bachelor's degree in Accounting, Finance, or Business Administration and minimum strong relevant financial work experience
Demonstrated proficiency in U.S. GAAP, local GAAP and authoritative accounting literature
Experience building up processes in a multi-cultural, international environment, ideally in one of GE’s industrial businesses
Strong analytic skills: able to clearly link financial results to operational performance drivers, generate alternatives and drive positive change.
CPA/ ACCA qualification or Big4 experience
Clear thinking / problem solving: successfully led cross-functional projects/process improvement within operations/finance function involving process improvement; able to quickly grasp new ideas.
Excellent communication skills: experience working across multiple levels (including executive level), functions and regions; able to clearly communicate complex financial information in a easy to understand manner; able to deliver message effectively verbally and in writing.
Solid PC skills: experience with financial systems/applications (i.e.: Oracle, SAP, COGNOS, Business Objects, etc.), strong Excel skills, PowerPoint
Fluency in English;
Confidence / Assertiveness: strong influencing skills across business functions; confidence to approach business leaders with difficult messages and defend position;
Experience working in global business environment with sound understanding of global process and transactional flows.
Experience in a matrixed environment
Adaptable/flexible: open to change (positive or negative) in response to new information, different or unexpected circumstances, and/or to work in ambiguous situations.
Integrity: Accepting and adhering to high moral, ethical, and personal values in decisions, communications, actions, and when dealing with others
Good understanding of financial compliance: SOX, GAAP.
Trained and/or certified in process improvement methodology such as LEAN or Six Sigma.
Graduate of GE's Financial Management Program (FMP); or Corporate Audit Staff (CAS); Experienced Financial Leadership Program (EFLP) or graduate of other financial leadership programs / CAP / ACCA
Masters' degree in Business Administration
Previous GE experience strongly preferred.
Locations: Hungary; Budapest