Lead Accounts Payable Specialist
Budapest, HUNGARY
Job description
Job Description Summary
Accounts Payable Operational Leader, is part of the GEV centralized Accounts Payable Organization. GEV Accounts Payable is responsible for the execution of accounts payable operations across multiple GEV business units to ensure on time payment to suppliers.Job Description
Role Summary/Purpose
This role, Accounts Payable Operational Leader, is part of the GEV centralized Accounts Payable Organization. GEV Accounts Payable is responsible for the execution of accounts payable operations across multiple GEV business units to ensure on time payment to suppliers. This role will include short term tactical and long-term strategic elements in order to drive continuous improvement initiatives with our internal stakeholders and with strategic third-party partners.
Essential Responsibilities
Responsible owner of a specific business accounts payable operations on a regional and/or process level.
Act as a subject matter expert on accounts payable processes, systems, and tools.
Practice effective monitoring and lean daily management to ensure payments are made on time to suppliers with the least amount of effort.
Monitor daily operations quality and efficiency against established processes and tools for AP and cross-functional teams.
Measure and lead reporting efforts of various performance indicators
Establish, implement, and document standardized procedures within the Accounts Payable function, including processes, procedures, controls, and systems.
Assess the efficiency and effectiveness of the current processes and systems to identify and implement process improvements.
Drive improvement initiatives by utilizing lean methodologies with internal and external stakeholders including buying teams, suppliers and BPO organizations which support the transactional processing.
Be a change manager: as a skilled influencer, communicate complex messages within the business. Explain difficult or sensitive information; build consensus keeping the standard process in mind.
Support STAT, GAP and SOX audits as needed to ensure accuracy of the organization’s financial documents.
Protect the business against unintentional overpayment through the owning and monitoring related process controls.
Qualifications/Requirements
Significant experience in Sourcing, Operations, Supply Chain, finance, or equivalent consulting experience
For roles not in USA, this role requires significant experience comparable to a Bachelor's degree from an accredited university or college (or a high school diploma with relevant experience), or equivalent experience/ knowledge
For roles in USA, this role requires a Bachelor’s degree from an accredited university or college (or a high school diploma / GED with significant experience in job family group/function) , or equivalent experience/ knowledge
Strong written and verbal English knowledge is a must
Desired Characteristics
Strong analytical and problem-solving skills
ERP system experience (Oracle/SAP)
Sourcing or Analytics experience in a multinational company
Comfortable with a broad range of research tools and technologies, analytics, and financial analysis
Excellent communication skills (written and verbal)
Strong project management skills
Strong track record for implementing change and delivering results.
GE Vernova: Leading a New Era of Energy
Addressing the climate crisis is an urgent global priority. If we want our energy future to be different … we must be different. That is our singular mission.
GE, the 130-year-old energy pioneer. Our unwavering commitment to powering the planet, now fully focused on the energy transition. No company has the unique combination to pioneer what’s next – just as we have before. As we answer the call with renewed purpose and vigor, we are moving our GE energy businesses—including Renewables, Power, Digital and Energy Financial Services — under one banner to deliver a united, focused, one-of-a-kind force: GE Vernova. Together, with our customers and partners, we will chart the course to a better future.
Our mission is embedded in our new name. We retain our treasured birthright, “GE,” in our name as an enduring and hard-earned badge of quality and ingenuity. “Ver,” “verde,” “verdant,” all signal Earth’s verdant and lush ecosystems. “Nova,” from the Latin “novus,” nods to a new, innovative era of lower carbon energy that GE Vernova will help deliver.
Our new name sounds different, because it is. GE Vernova will act swiftly and surely to help build a cleaner, better future. This is not business as usual: this is business purpose-built to lead the new era of energy.
Additional Information
Relocation Assistance Provided: No