
GE Vernova
Lead Finance Specialist - Contract Accounting
RoleFinance
LevelLead
LocationPallavaram
WorkOn-site
TypeContract
Posted1 week ago
About the role
Job Description Summary
Project controlling role, oversee the project financial in India. key player of finance along with Project management team
Job Description Roles and Responsibilities
- Act as business and financial advisor for the assigned group of Project Manager and cluster leaders.
- Familiarisation and implementation of ASC 606, warranty policy and any other changes of policies issued by the Group and local Indian statutory requirement.
- Reviewing Project financial, risk management and identify risk and opportunity along with PM and put forward the potential impact financially and to discuss with management.
- Manage cash by following up actual figures and forecasts.
- Review project financial to ensure timeliness in invoicing and follow up closely on project billing milestone.
- Prepare periodic project reviews with all relevant business and financial analysis.
- Risk-management: propose adequate mitigation for minimizing risk and exposure
- Participate at the overall project budgeting process and be able to question the cost, risk and cash position
- Provide and prepare supporting for quarterly account reconciliation.
- Provide supporting to external auditor based on project sampling results.
- Communicate with internal factory in terms of billing milestone and payment schedule and transfer pricing topic.
- To aware and be involve in new initiative or changes due to org change, system change or process change.
- Be able to explain to project manager on the financial impact and to educate on changes in policies.
Required Skills and Qualifications
- This role requires 8+ Yrs of experience in Contract accounting, project controller experience
- Bachelor’s degree in commerce is required.
- Good understanding of SAP and strong experience in advanced Excel advantage.
- Ability to perform as an individual contributor or collaboratively in a team, with proven interpersonal skills.
- Fluency in spoken and written English
- Excellent oral and written communication skills.
- Problem solving, analytical skills and ability to address multiple competing deadlines in a strong matrix organization.
Additional Information Relocation Assistance Provided:
No
Required skills
Project finance
Financial analysis
ASC 606
Risk management
Cash forecasting
Accounting
Stakeholder management
About GE Vernova
Pallavaram
Headquarters