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Lead Finance Specialist - Inventory Analyst

AT GE Vernova
GE Vernova

Lead Finance Specialist - Inventory Analyst

Budapest, Hungary

Job Description Summary

Looking to make a global impact and solve problems?

Through relentless innovation and continuous collaboration with our customers, GE Gas Power, part of GE Vernova, is providing more advanced, cleaner, and efficient power that people depend on today and building the energy technologies of the future.

What impact you'll make:

As a member of the Gas Power Global Supply Chain Center of Excellence, the Inventory process specialist is the key finance partner across gas, steam, generator, heat recovery steam generator (HRSG), and repairs value streams. This role is responsible for leading the inventory process, analytics, and reporting as part of the Supply Chain Operational Finance team to drive improvements to core finance processes enabling efficiencies to downstream operating partners.

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Job Description

What you'll do

  • Subject matter expert (SME) in key supply chain and financial processes related to inventory and standard costing including policies, procedures, closing and reporting
  • Improve reporting accuracy, efficiency and controls around actual factory inventory, inventory turns, and inventory aging & obsolescent risks.
  • Execute monthly closing activities to ensure compliance to USGAAP and Statutory requirements, communicates inventory monthly results to Factory Finance manager.
  • Actively participates in Obsolesence Inventory planning, pacing, presents results to factory finance leader and Site Leader.
  • Support controllership and sites to enhance key controls, roles & responsibilities, and reporting around physical inventories, cycle counts, slow moving/obsolescent inventory, and FIFO
  • Initiate and deliver continuous improvement initiatives to enhance data analytics and reporting integrity around inventory actuals, forecasting, inventory turns, FIFO and slow-moving inventory/obsolescence
  • Able to partner with key stakeholders to develop harmonized standard global operating procedures in complex matrixed, operating environment
  • Communicate and align global calendar to inventory and standard costing rhythms across GSC Finance teams (annual PIs, budget, etc)
  • Able to effectively communicate current state and future state process & controls, develop roadmap and execute roadmap actions to align system/process differences across global supply chain to drive harmonized global standard work.

What you'll bring (Basic Qualifications)

  • Bachelor's degree in Accounting, Business or Finance / equivalent knowledge or experience
  • Relevant experience in the field of finance
  • Knowledge of accounting policies and practices, including US GAAP and inventory
  • Prior knowledge of manufacturing system ERPs (i.e. SAP, Oracle, BAAN) and with digital and automation tools such as Tableau, RPA
  • Fluent English knowledge is essential

What will make you stand out

  • Demonstrated domain expertise in supply chain finance
  • Strong interpersonal, leadership, problem-solving skills and communication skills
  • Strong written and verbal communication in English
  • Established project management skills, including relevant experience leading complex initiatives cross functionally
  • Embrace GE Vernova Way, driving innovation, serving customers, embracing LEAN, winning as one team, and accountable to deliver
  • Preference will be given to current Gas Power Finance employees

Additional Notes:

  • Location: Veresegyház, Hungary or Budapest, Hungary
  • Willingness to travel up to 15%
  • Successful applicant will be legally eligible to enter into an employment relationship under the laws of Hungary
  • This is a hybrid role with three days remote and two days in the office.

Benefits Available to You

GE employees rise to the challenge of building a world that works. In order to meet this mission, we provide varied, competitive benefits to help support our workforce: Our Culture | GE Vernova (gecareers.com)

  • Our compensation & benefits are designed to help you manage your personal and family needs, while rewarding high performers. We offer a robust benefits package depending on your employment status and your national requirements.
  • A healthy, balanced lifestyle can mean different things to different people. We've created programs that support the way you live and work today.
  • GE invests to provide opportunities to grow your career by providing a path for continued on-the-job learning and development.

Inclusion & Diversity

At GE, we believe in the value of your unique identity, background and experiences. We are committed to fostering an inclusive culture, where everyone feels empowered to do their best work because they feel accepted, respected and that they belong. Click here to learn more: https://jobs.gecareers.com/vernova/global/en/i-d-e

About GE Gas Power

GE Gas Power engineers cleaner, more accessible energy that people depend on, powering growth and prosperity for people everywhere. Our leading technologies produce a third of the world's electricity thanks to our talented people, who make gas work for our customers, stakeholders and the world. Through relentless innovation and continuous partnership with our customers, we are building the energy technologies of the future and providing the cleaner, more efficient power people depend on today.

Additional Information

Relocation Assistance Provided: No

Client-provided location(s): Budapest, Hungary; Veresegyház, 2112 Hungary
Job ID: GE_power-903645859
Employment Type: Other

Perks and Benefits

  • Health and Wellness

    • Health Insurance
    • Health Reimbursement Account
    • Dental Insurance
    • Vision Insurance
    • Life Insurance
    • Short-Term Disability
    • Long-Term Disability
    • FSA
    • FSA With Employer Contribution
    • HSA
    • HSA With Employer Contribution
    • Fitness Subsidies
    • On-Site Gym
    • Mental Health Benefits
  • Parental Benefits

    • Adoption Assistance Program
    • Family Support Resources
    • Birth Parent or Maternity Leave
    • Adoption Leave
  • Work Flexibility

    • Flexible Work Hours
    • Remote Work Opportunities
    • Hybrid Work Opportunities
  • Office Life and Perks

    • Commuter Benefits Program
    • Casual Dress
    • On-Site Cafeteria
    • Holiday Events
  • Vacation and Time Off

    • Unlimited Paid Time Off
    • Paid Holidays
    • Personal/Sick Days
    • Summer Fridays
  • Financial and Retirement

    • 401(K)
    • Stock Purchase Program
    • Performance Bonus
    • Relocation Assistance
    • Financial Counseling
    • Profit Sharing
  • Professional Development

    • Tuition Reimbursement
    • Access to Online Courses
    • Lunch and Learns
    • Leadership Training Program
    • Internship Program
    • Associate or Rotational Training Program
  • Diversity and Inclusion

    • Diversity, Equity, and Inclusion Program
    • Employee Resource Groups (ERG)
    • Unconscious Bias Training

Company Videos

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