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Sr Finance Manager - HDNU Projects

GE Vernova

Role overview

Summary

The role is for a Senior Project Finance Manager responsible for project finance controllership activities. You will manage a diverse portfolio of external customer projects, ensuring accurate financial reporting and compliance with US GAAP, while supporting the growth in project size and number.

Qualifications

  • Bachelor’s degree in Finance, Accounting, or Business Administration.
  • 5+ years of experience in Finance and/or Operations.
  • 5+ years of experience in Financial Systems and Data.
  • Expertise in ERPs (e.g., PowerMax, CPM) with a focus on financial controls.

Responsibilities

  • Manage project accounting in ERP systems, ensuring adherence to global standards and accuracy of financial transactions.
  • Lead financial aspects of project margin reviews to ensure total project revenue aligns with contract and cost estimates.
  • Ensure accuracy of Project Balance sheet and provide insight & variance analysis for project balance sheet balances.
  • Support FP&A and BU Finance with inputs needed for financial pacing of Revenue and Cogs.

Key facts

Hard skills

Other skills

  • Communication
  • Teamwork
  • Problem Solving

About the company

GE Vernova logo

GE Vernova

  • Utilities & Power
  • XLarge
  • 10,001+
Building on over 130 years of experience, GE Vernova is leading a new era of energy – electrifying the world while simultaneously working to decarbonize it. Addressing the climate crisis is an urgent global priority and we take our responsibility seriously. If we want our energy future to be different…we must be different. Our mission is embedded in our name. We retain our treasured legacy, “GE,” in our name as an enduring and hard-earned badge of quality and ingenuity. “Ver” / “verde” 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. GE Vernova brings together GE’s portfolio of energy businesses including Power, Wind, Electrification and Digital businesses. With focus, GE Vernova is accelerating the path to more reliable, affordable, and sustainable energy, while helping our customers power economies and deliver the electricity that is vital to health, safety, security, and improved quality of life. Together, we have The Energy to Change the World.
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Job description

Job Description Summary

The Senior Project Finance Manager (PFM) is responsible for delivering project finance controllership activities inclusive of maintenance of project structure, ensure accuracy of total project revenue & cost estimates at completion (EAC), monitor overtime revenue & cost recognition and ensure timely & accurate project financial reporting. As part of the Operational Controllership, PFM is the owner of the project financials. PFM will manage diverse portfolio of external customer projects in partnership with operations, Business Unit Finance & will support Operating mechanism of pacing & quarter close activities. Supporting the Americas pole, the position is crucial in managing the growth in project size and number, including new areas such as data centers.
The ideal candidate will have a strong background in US GAAP overtime accounting, familiarity with the HDNU business, expertise in PowerMax and a working knowledge of CPM.

Job Description

Roles and Responsibilities

  • Project Accounting Execution: Manage project accounting in ERP systems, ensuring adherence to global standards and accuracy of financial transactions. 
  • Project Financial Leadership: Fully understand commercial obligations of the contract and help provide visibility to project team with respect to financial health of the project.
  • Project Balance Sheet: Ensure accuracy of Project Balance sheet, able to provide insight & variance analysis for project balance sheet balances. 
  • Project Margin Reviews: Lead financial aspects of project margin reviews to ensure total project revenue aligns with contract and cost estimates are constructed & properly supported as per the PMR policy and SOP.
  • Planning & Pacing: Support FP&A and BU Finance with inputs needed with respect to financial pacing of Revenue and Cogs.
  • Financial Compliance and Control: Enforce financial controls, ensuring compliance with US GAAP and statutory standards. Provide support for audits (internal and external)
  • Continuous Improvement: Raise issues and engage in process improvement initiatives.

Required Qualifications

  • Bachelor’s degree in Finance, Accounting, or Business Administration.
  • 5+ years of experience in Finance and/or Operations.
  • 5+ year of experience in Financial Systems and Data
  • Expertise in ERPs (e.g., PowerMax, CPM) with a focus on financial controls.

Additional Information

Relocation Assistance Provided: No

#LI-Remote - This is a remote position

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