Responsible for driving accurate financial results for Total Corporate Financial statements. The work involves consolidating Balance sheet for Corporate segment FRP process, analysis of composition of financial statements, variance analysis for the quarter, ERP-HFM-RASR consolidation system tie out
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Sr Finance Manager 3- Operational
Job Description:
Responsible for driving accurate financial results for Total Corporate Financial statements. The work involves consolidating Balance sheet for Corporate segment FRP process, analysis of composition of financial statements, variance analysis for the quarter, ERP-HFM-RASR consolidation system tie out on a monthly basis for FRP purposes. This involves working closely with Corporate BU owners and incorporating changes as needed. The individual would be required to present FRP pages to Senior Leadership. The individual will need in depth understanding of key business drivers that are used to provide meaningful financial commentary to Senior leadership. Make/review journal entries, perform/review account reconciliations, draft cross business schedules as required, work to close edit checks, use Lean & FLIGHT DECK tools to drive efficiency to improve close & reporting timeliness as needed by GE Aerospace company.This individual will be responsible leading operational controllership activities, including the Aerospace quarterly and monthly account reconciliation process working closely with the business segment teams of GE Aerospace. The area of operations includes maintaining high standards of execution for SoX reporting requirements, providing details for reconciliation to Deloitte , internal audit & SoX team on a quarterly basis. The individual is responsible for building quarterly training material for GE Aerospace global team.The individual will be heavily involved in providing inputs to Manual Journal Entry process (MJE) testing during the year. The inputs will involve reviewing landscape for MJE testing for thresholds, review with GBC and providing inputs as necessary to Deloitte / SoX team. This individual will also be responsible leading operational controllership activities for all of GE Aerospace Joint venture (JV) accounting ($2Bn portfolio), responsible for monthly / quarterly Government & GE Financial reporting as per US GAAP rules for JV operations. This scope includes (but not limited to) partnering with Tax, controllership, FP&A, treasury teams for restructuring activity, M&A activity as needed. The individual will be required to travel to Norwalk CT on a need basis during Quarter close / reporting.

Job Description

Company Overview

Working at GE Aerospace means you are bringing your unique perspective, innovative spirit, drive, and curiosity to a collaborative and diverse team working to advance aerospace for future generations. If you have ideas, we will listen. Join us and see your ideas take flight!

Site Overview

Established in 2000, the John F. Welch Technology Center (JFWTC) in Bengaluru is GE Aerospace’s multidisciplinary research and engineering center. Pushing the boundaries of innovation every day, engineers and scientists at JFWTC have contributed to hundreds of aviation patents, pioneering breakthroughs in engine technologies, advanced materials, and additive manufacturing.

Role Overview:

  • Critical operating role for consolidating monthly & quarterly FRP, BSR commentary for Corporate Financial statement. Working with key stakeholders to execute seamlessly.

  • Critical role overseeing Aerospace account reconciliation activities, including quarterly and monthly reporting, policy adherence, controls ownership, and continued penetration of automated reconciliations
  • Critical role overseeing all of Aerospace JV accounting operations, monthly, quarterly reporting, government reporting related to JV operations, performing reconciliations, special projects as needed for senior leadership (GBC & CAO).
  • Work on Aerospace cross-segment accounting, including CBS’s, CBA’s, statutory impacts, and GAAP implications of tax planning, dispositions, and acquisitions; will be the key contact between controllership, tax, and treasury to coordinate cross segment accounting and related controls
  • Ownership of total Company controllership health metric reporting and action plan cadences, including account recs, closing metrics, and other key areas:

  • Perform/ review manual journal entry and account reconciliations.
  • Ensure clear and timely escalation around closing issues/drive and monitor resolution with key stakeholders.
  • Ensure all relevant SOX controls are operating effectively.
  • Train Genpact to perform processes the business has outsourced.  Review their work to ensure accurate financial reporting.
  • Prepare closing schedule, resolve issues, and communicate with key corporate stakeholders
  • Drive the closure of Edits
  • Draft cross business schedules and work with stakeholders to ensure they are posted in a timely manner.
  • Provide inputs to the 10-K and 10-Q documents.
  • Perform T/B reviews to identify errors and make sure there are no material misstatement.
  • Perform B/S and P/L reviews with key stakeholders and provide commentary.
  • Submit accurate DR’s in accordance with close calendar.
  • Ensure that all financial records are accurate throughout the year and all reconciliations are completed in a timely manner.
  • Provide inputs for statutory reporting where necessary.
  • Manage auditor requests by providing supporting documentation and evidence.
  • Working closely with internal and external Tax support teams in preparation of Financial Statements and Tax filings.
  • Ensure all statutory regulatory filings are completed timely, efficiently and in compliance with the country regulatory requirements.
  • Present financial results to leadership.
  • On an as-needed basis support special projects.
  • Drive continuous improvement using FLIGHT DECK principles.
  • Improve cost, quality, and speed of close and reporting processes.
  • Drive wing to wing process improvements using bowler charts and KPI metrics to measure progress and drive improvements.

Required Qualifications

  • Bachelor’s degree in finance, Accounting, or Business Administration

  • Qualified Certified public accountant (CPA) or Chartered account (CA)
  • MBA finance degree
  • Experience as audit assistant at Big Four audit firm

  • Prior Experience in tax planning, dispositions, LE simplification, and operational controllership with experience in leading a team & working in a multi matrix environment
  • Prior Experience in GE operational controllership processes, including account reconciliations, chart of accounts, intercompany transactions, and external reporting

    • Minimum 17 years of strong financial analysis and/or controllership experience

Preferred Qualifications:

  • Strong industrial LE structure knowledge as well as financial services

    • Knowledge of GE external reporting processes

    • Understanding regarding statutory reporting, FX, and ability to identify hedging opportunities/implications

    • Strong understanding of Company chart of accounts, systems, and consolidation processes

    • Prior account reconciliation experience

    • Strong understanding of controls

    • Excellent teamwork skills; collaborative approach with peers and team members

    • Experience working in global business environment with a sound understanding of global process and transactional flows

    • Ability to create and deliver business presentations and communicate effectively to Senior Business Leaders

    • Strong interpersonal and leadership skills

    • Experience working in a global team environment

    - Strong oral and written communication skills. Strong interpersonal and leadership skills. Demonstrated ability to analyze and resolve problems. Demonstrated ability to lead programs / projects. Ability to document, plan, market, and execute programs. Established project management skills

Whether we are manufacturing components for our engines, driving innovation in fuel and noise reduction, or unlocking new opportunities to grow and deliver more productivity, our GE Aerospace teams are dedicated and making a global impact. Join us and help move the aerospace industry forward.  

  • Note:

    To comply with US immigration and other legal requirements, it is necessary to specify the minimum number of years experience required for any role based within the USA. For roles outside of the USA, to ensure compliance with applicable legislation, the JDs should focus on the substantive level of experience required for the role and a minimum number of years should NOT be used.

Additional Information

Relocation Assistance Provided: Yes

Company Details
GE Aerospace
18000 Phantom W
Victorville, California 92394 USA
www.geaerospace.com/
1796 Open Jobs Available
GE Aerospace is a world-leading provider of jet and turboprop engines, components and integrated systems for commercial, military, business and general aviation aircraft. At GE Aerospace, we believe the world works better when it flies.
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Job Info
Location
New Delhi, Delhi, India
Type
Permanent
Company Details
GE Aerospace
18000 Phantom W
Victorville, California 92394 USA
www.geaerospace.com/
1796 Open Jobs Available
GE Aerospace is a world-leading provider of jet and turboprop engines, components and integrated systems for commercial, military, business and general aviation aircraft. At GE Aerospace, we believe the world works better when it flies.

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