I2R Assistant Controller

Job description

Job Description Summary

What impact you'll make?

The Assistant Inquiry-to-Receipt Controller will work with a team of Commercial & Technical Controllers on controllership and accounting matters, and will ensure financial oversight, accuracy & compliance with applicable policies. This individual will be a key technical accounting resource to the operations and finance organizations regarding complex financial accounting & reporting matters. This individual will also work closely with the commercial, operations, & finance organizations to analyze commercial arrangements and ensure appropriate application of revenue recognition policies & procedures, in addition to other technical accounting matters. Additionally, this individual will play a key role in monitoring critical accounting processes and executing month and quarter end closing procedures.

Job Description

What you’ll do

Operate as part of the Electrification Commercial & Technical Controllership organization, and support Commercial & Technical Controllership leaders

·  Perform order booking assessment and documentation to ensure appropriate recognition and reporting of remaining performance obligation (RPO) in accordance with US GAAP and GEV policies
·  Define and document revenue recognition method prior to contract execution, and identify accounting triggering events during life of contract to ensure timely and accurate accounting
·  Perform variation orders accounting assessment in accordance with US GAAP and GEV policies
·  Review project estimates at completion and participate in project margin reviews (PMR) to ensure accurate cost to complete and risk provision estimates including liquidated damages
·  Review/monitor project contingency provisions
·  Review contract assets & accounts receivable reserves e.g. CECL/age-based/specific
·  Monitor aged projects balances/ project close-out monitoring
·  Review warranty processes and reserves to ensure appropriate accounting
·  Review projects margin levelization
·  Prepare B/S account analysis & quarterly balance sheet review materials for Financial Reporting Package (FRP), Data Requests ( DRs) and balance sheet deep dives for owned areas
·  Perform or review account reconciliations
·  Review Inventory estimates and overhead cost per hour (OCPH) e.g. inventory in transit, ICP eliminations, point-in-time lag tables

What you’ll bring (Basic Qualifications)

· 
Bachelor’s degree in finance/accounting from an accredited college or university

·  Siginificant experience in a controllership role
·  Fluent English knowledge is a must
·  Proven acumen in timely identifying accounting risk and driving resolution
·  Proven skills in business partnering and driving accounting compliance with key stakeholders e.g. CFO/I2R teams
·  Proficient use of Microsoft Office (eg. Excel, Word, PowerPoint).

What will make you stand out

·  Knowledge of US GAAP or GEV accounting policies and procedures
·  Knowledge of the Electrification business (including products, business processes, and systems)
·  Hungarian language knowledge is a plus
·  Highly analytical with well-developed risk identification and problem-solving skills
·  Strong interpersonal and leadership skills
·  Strong oral and written communication skills
·  Demonstrated ability to collaborate across all finance structures (shared services, local team, outsourced service providers), but also firm in driving controllership & compliance with stakeholders
·  Resilient and quickly adapts to change

Additional Notes:

·  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.

Additional Information

Relocation Assistance Provided: No