General Electric Lead Treasury Analyst in Budapest, Hungary
Role Summary:The Treasury Analyst will support the Global Ops Treasury FX Exposure Management Team exposure capture processes, trade analytics, derivatives accounting and reporting processes in below listed areas, executing exposure management,related tasks for the LM Wind Power business (part of GE Renewables) and support all Energy segment with pacing and analytics of FX over the course of the quarters.
Essential Responsibilities:Leading the following areas:
Work closely with LM Wind Power Business Treasurer to identify, gather and report FX exposure data
Maintain the FX exposure data throughout the lifecycle by ensuring that exposure and hedges are in-sync as per policy
Full responsibility for hedge execution, administration, follow up on settlements of the trades in the LM Wind Power business
Report on and provide analysis of overall hedge results, fair value of hedges (MTM) and hedge effectiveness for GE Renewables , GE Portfolio and GE Gas businesses, including weekly result pacing
Assist in analysis of the actual FX impacts, FX hedge effectiveness testing and reporting,
Provide monthly and ad hoc analysis & comments on actual FX results, and hedge volumes
Continuous evaluation of existing processes and contribute in implementation of further process improvements
Control journal entries for FX derivatives and embedded derivatives for LM Wind Power at quarter end and variance to pacing
Support different audits (CAS, KPMG, Internal audit, etc) as needed
Bachelor's degree in Accounting, Finance, or Business Administration or equivalent knowledge or work experience
Strong verbal and written communication skills in English
Significant experience in Finance/Treasury/IT - Big4 experience, FMP graduation is an advantage
Experience in a multi-cultural, international environment, ideally in one of GE’s industrial businesses
Successful applicant will be legally eligible to enter into an employment relationship under the laws of Hungary.
Strong analytic skills: able to clearly link financial results to operational performance drivers.
Excellent communication skills: experience working across multiple levels, functions and regions; able to clearly communicate complex financial information in an easy to understand manner
Solid PC skills: experience with financial systems/applications (i.e.: Oracle, SAP, COGNOS, Spotfire, MyExposures treasury tools, etc.), strong Excel skills, PowerPoint, Access
Fluency in English
Experience working in global business environment with sound understanding of global process and transactional flows.
Experience in a matrixed environment
About Us:GE Renewable Energy is a $15 billion business which combines one of the broadest portfolios in the renewable energy industry to provide end-to-end solutions for our customers demanding reliable and affordable green power. Combining onshore and offshore wind, blades, hydro, storage, utility-scale solar, and grid solutions as well as hybrid renewables and digital services offerings, GE Renewable Energy has installed more than 400+ gigawatts of clean renewable energy and equipped more than 90 percent of utilities worldwide with its grid solutions. With nearly 40,000 employees present in more than 80 countries, GE Renewable Energy creates value for customers seeking to power the world with affordable, reliable and sustainable green electrons.
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