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General Electric Lead Accountant (Financial Controller) - Arcam AB / EBM in Gothenburg, Sweden

Job Description Summary

The Lead Accountant (Financial Controller) is an integral leader within the Additive Controllership team and will manage all accounting aspects of Arcam AB’s financial statement consolidation. The Lead Accountant (Financial Controller) is responsible for driving technical accounting compliance, financial and operational internal controls, process simplification, and operational excellence to deliver accurate financial reporting for the Gothenburg, Sweden site of GE Additive and the EBM product line globally. Responsibilities are focused on accounting processes and procedures to drive consistency and predictability into the monthly and quarterly closure of the general ledger and related subledgers. The Lead Accountant (Financial Controller) is responsible for communicating effectively with the Additive Global Controller, as well as the Chief Financial Officer regarding accounting processes and conclusions.

Job Description

Roles and Responsibilities

As the Lead Accountant (Financial Controller) for Arcam, you will:

  • Lead Arcam’s adoption efforts of the Oracle Fusion ERP, including all aspects of any further enhancements required to enhance accounting processes and procedures (implementation planning, training, parallel testing and Finance IT coordination)

  • Prepare and/or review manual journal entries in both the local and GE ledgers

  • Prepare and/or review account reconciliations and any necessary account analysis

  • Ensure timely, accurate and complete upload of local ledger into GE’s ledger each month

  • Lead the accounting cycles related to Arcam’s legal entity and product line consolidation and reporting, including coordination with Finance IT, Aviation Headquarters and Arcam’s extended operational accounting team in a shared service center

  • Be responsible for US GAAP financial statements, including oversight of systematic accounting processes and related account reconciliations

  • Understand and interpret applicable GE General Accounting Procedures (GE GAPs), US GAAP, GE Enterprise Standards, GE Standard Operating Procedures and Process Maps to deliver timely, high quality financial reporting information

  • Support the statutory and tax accounting teams, including the external audit firm and tax consulting firm, to ensure timely and accurate filing of statutory financial statements and tax documents

  • Ensure integrity of financial reporting data via execution of controls

  • Work to continuously improve the timeliness and quality of Arcam’s financial statement close

  • Communication financial close related topics across a wide group of stakeholders within Arcam EBM, including engineering, project management, IT and other operational contacts

  • Support Aviation and Additive Headquarter’s Financial Reporting requests

  • Support efforts to further centralize and simplify Arcam EBM’s accounting and financial close processes

  • Ensure accuracy of Additive’s financial results by recognizing and preventing misrepresentation, concealment, or omission of information

  • Lead a team of one direct report and extended (indirect) team of approximately five third party accountants; establish priorities for this team and oversee execution of work to implement those priorities

  • Form close relationships with key stakeholders in Aviation Controllership, Finance and IT teams, as well as third party contractors

  • Support of other corporate accounting and auditing processes, including Deloitte, Internal Audit, Statutory, etc.

Required Qualifications

  • For roles outside of the USA- This role requires advanced experience in the Finance & Operational. Knowledge level is comparable to a Bachelor's degree from an accredited university or college ( or a high school diploma with relevant experience).

  • 5 or more years of experience in accounting (technical and/or operational)

  • Ability to coordinate several projects simultaneously.

  • Ability to anticipate, communicate, report and resolve challenges

  • Ability to work non-standard business hours during monthly and quarterly close

  • Proven analytical and organizational ability

  • Effective problem identification and solution skills

  • Understanding of how operational processes link to the financial statements

  • Proficient in English and Swedish, verbal and written

  • For roles outside of the USA- This role requires advanced experience in the Finance & Operational. Knowledge level is comparable to a Bachelor's degree from an accredited university or college ( or a high school diploma with relevant experience).

Desired Characteristics

  • CA, CPA and/or Master of Business Administration is preferred, but not required

  • Knowledge of business operations

  • Strong interpersonal skills and professional style, including both oral and written communication

  • Ability to anticipate, identify, and resolve complex financial issues

  • Detail-oriented and strong time management skills

  • Flexible approach with a strong team spirit

  • Compliance & controllership mindset

  • Comfortable to execute through uncertainty

  • Experience with GE Enterprise Standard Chart of Accounts, RASR, SDC and/or Corporate general ledgers is preferred, but not required

  • Experience with Hyperion Essbase, Oracle accounting / ERP systems, Microsoft Office products is preferred, but not required

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Additional Information

Relocation Assistance Provided: Yes

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