FP&A Analyst (FTC for 12 months) - Industrial Steam Turbines (IST)

Job description

3143515
Additional Cities

Rugby
Career Level

Experienced
Relocation Assistance

No
Business

GE Oil & Gas
Business Segment

Oil & Gas Turbomachinery Process Solutions
Function

Finance
Country/Territory

United Kingdom
Postal Code

CV21 2NH
Role Summary/Purpose

Responsible to support in a professional manner the financial management and control of the Legal Entity and projects, supporting the Project Manager (and other project functions) as the finance partner. Support the process of Planning, reporting and controlling of the Legal Entity and Projects under their own responsibility to ensure adequate controls and processes are in place to meet all the Company’s requirements.
Essential Responsibilities

·  Support the controllership, financial reporting and accounting of the Legal Entity in accordance with GE rules (US GAAP) and statutory requirements (IFRS & UK GAAP)

·  Responsible for the revenue recognition on projects, issue billing invoices, and manage the projects’ commitments.

·  Support the financial part of project reviews of each contract

·  Analyze the execution performance and propose action plans to improve contract margin and cash profile as well as corrective action plans to mitigate identified risks

·  Monitor and forecast projects’ cash flows, setting control environment for the cash management to optimize cash flow.

·  Manage the bonds and guarantees.

·  Reconcile all the accounts related to projects (e.g. WIP, Progress Collection, Deferred Charges, ECA etc.)

·  Produce financial project reporting as requested providing reliable financial data to the management to assist in the decision-making.

·  Dealing with internal and external auditors in respect of the Legal Entity

·  Operates as independent professional

·  Any other reasonable request in line with the requirements of the job
Qualifications/Requirements

·  Bachelor's degree from an accredited university or college or equivalent knowledge or experience

·  At least proven experience in finance and accounting or graduate with some work/apprentice experience in finance

·  Familiar with US GAAP, IFRS, UK GAAP

Applications from job seekers who require sponsorship to work in the UK are welcome and will be considered alongside all other applications. However, non-EU/EEA candidates may not be appointed to a post if a suitably qualified, experienced and skilled EU/EEA candidate is available to take up the post, as the employing body is unlikely, in these circumstances, to satisfy the Resident Labour Market Test. For further information please visit the UK Border Agency website
Desired Characteristics

·  Strong oral and written communication skills

·  Strong interpersonal and leadership skills

·  Good knowledge of Microsoft Suite especially Excel

·  Experience in SAP an advantage

·  Strong self-motivation and ability to work independently

·  Good problem-solving skills

·  Ability to work to tight deadlines

·  Good team working within the international finance team and across functions

Please note: Due to working with projects under UK Government security restrictions, a UK citizenship will be preferred for this role, and ideally UK Security Vetting clearance.
About Us

GE is the world's Digital Industrial Company, transforming industry with software-defined machines and solutions that are connected, responsive and predictive. Through our people, leadership development, services, technology and scale, GE delivers better outcomes for global customers by speaking the language of industry.

Baker Hughes, a GE company (NYSE:BHGE) is the world’s first and only fullstream provider of integrated oilfield products, services and digital solutions. We deploy minds and machines to enhance customer productivity, safety and environmental stewardship, while minimizing costs and risks at every step of the energy value chain. With operations in over 120 countries, we infuse over a century of experience with the spirit of a startup – inventing smarter ways to bring energy to the world.
Primary Country

United Kingdom