GE Vernova
HVDC Project Finance Controller
GE Vernova, Oakbrook Terrace, Illinois, United States,
Job Description Summary
We are looking for an experienced Project Finance Controller to Partner with the regional project finance team in owning the financial accounts of large turnkey HVDC project and be the finance business partner to the HVDC Project Manager and other project functions.
Job Description
Role / Job Description:
The HVDC Project Finance Controller has overall responsibility for reporting and controlling requirements for the large turnkey HVDC projects for GE Vernova, Grid Systems Integration (GSI) business. In terms of detailed scope and responsibilities are as follows:
Job Description
Key responsibilities
Accountable for all financials for the project scope with special emphasis on Project profitability
Accountable for Sales forecasting and backlog convertibility.
Ensuring Governance and co-ordination is in line with Business line and Region’s requirements.
Have full ownership of all financial movements with regards to revenue, cost, margin in conjunction with operational activities. Ensure that such information is consistent, approved and reconciled on a regular basis within the ERP systems & related tools.
Have full accountability of all financial movements and margin deviation and challenge it before communicated to Region Finance team.
Analyze budget deviations & drive mitigation actions to prevent leakages.
Along with project team, support preparation and challenge project forecasted trading and provide data to Regional FP&A when required.
Check, control, and monitor movements in Actual and Committed Costs, ask for corrections when necessary.
Provide input on claim valuation to ensure project profitability is professionally managed.
Provide all necessary support on Project financial issues including Forex cover, Tax exposure, internal and external audits etc.
Develop strong relationships and continuous communication flows with Region Project Finance to ensure that working assumptions are shared, consistent and reported in a timely manner.
Drive financial processes & instructions and internal controls, including DOA
Be a partner and support Region Finance Controllers to drive Projects & process standardization.
Qualifications/Requirements:
Bachelors degree in Finance or Accounting from an accredited university or college
Language: English mandatory (fluent speaking and writing)
6+ years of finance experience including at least two years in Energy/Power/Transmission finance .
Only candidates with complex HVDC / Turnkey Project finance experience will be considered.
Strong oral and written communication skills
At least one year of experience in the use of SAP modules: SD, PS, CO and FI
Desired characteristics
Strong accounting background and operationally inclined in a projects/service industry.
Excellent interpersonal skills and experience in managing relationships within a complex matrix environment.
Graduate from GE’s finance Controllership programs
Transparent: shares critical information, speaks with candor, contributes constructively
Focused: quick learner, strategically prioritizes work, committed
Controllership ability: strong communicator, decision-maker, collaborative
Problem solver: analytical-minded, challenges existing processes, critical thinker
Integrity: accepting and adhering to high moral, ethical and personal values in decisions, communications, actions and when dealing with others
We are looking for an experienced Project Finance Controller to Partner with the regional project finance team in owning the financial accounts of large turnkey HVDC project and be the finance business partner to the HVDC Project Manager and other project functions.
Job Description
Role / Job Description:
The HVDC Project Finance Controller has overall responsibility for reporting and controlling requirements for the large turnkey HVDC projects for GE Vernova, Grid Systems Integration (GSI) business. In terms of detailed scope and responsibilities are as follows:
Job Description
Key responsibilities
Accountable for all financials for the project scope with special emphasis on Project profitability
Accountable for Sales forecasting and backlog convertibility.
Ensuring Governance and co-ordination is in line with Business line and Region’s requirements.
Have full ownership of all financial movements with regards to revenue, cost, margin in conjunction with operational activities. Ensure that such information is consistent, approved and reconciled on a regular basis within the ERP systems & related tools.
Have full accountability of all financial movements and margin deviation and challenge it before communicated to Region Finance team.
Analyze budget deviations & drive mitigation actions to prevent leakages.
Along with project team, support preparation and challenge project forecasted trading and provide data to Regional FP&A when required.
Check, control, and monitor movements in Actual and Committed Costs, ask for corrections when necessary.
Provide input on claim valuation to ensure project profitability is professionally managed.
Provide all necessary support on Project financial issues including Forex cover, Tax exposure, internal and external audits etc.
Develop strong relationships and continuous communication flows with Region Project Finance to ensure that working assumptions are shared, consistent and reported in a timely manner.
Drive financial processes & instructions and internal controls, including DOA
Be a partner and support Region Finance Controllers to drive Projects & process standardization.
Qualifications/Requirements:
Bachelors degree in Finance or Accounting from an accredited university or college
Language: English mandatory (fluent speaking and writing)
6+ years of finance experience including at least two years in Energy/Power/Transmission finance .
Only candidates with complex HVDC / Turnkey Project finance experience will be considered.
Strong oral and written communication skills
At least one year of experience in the use of SAP modules: SD, PS, CO and FI
Desired characteristics
Strong accounting background and operationally inclined in a projects/service industry.
Excellent interpersonal skills and experience in managing relationships within a complex matrix environment.
Graduate from GE’s finance Controllership programs
Transparent: shares critical information, speaks with candor, contributes constructively
Focused: quick learner, strategically prioritizes work, committed
Controllership ability: strong communicator, decision-maker, collaborative
Problem solver: analytical-minded, challenges existing processes, critical thinker
Integrity: accepting and adhering to high moral, ethical and personal values in decisions, communications, actions and when dealing with others