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GE Vernova

Builds equipment and software for electric power

Gas Power – SI&OP Finance Leader - Supply Chain

Full-TimePosted on 10/16/2026
€76k - €114k/yr+ 15% target annual bonus
Expert
Bachelor's, MBA
Budapest, Hungary+1 moreMore locations: Milan, Metropolitan City of Milan, Italy
HybridHybrid work arrangement.
Finance & BankingCorporate Finance & FP&A

About the job

Requirements
  • Significant experience in financial planning and analysis, supply-chain finance, manufacturing finance, or inventory finance, with a Bachelor's degree in Finance, Accounting, Business, or Economics.
  • Proven experience leading or managing teams, including senior and junior professionals, with a track record of coaching and developing talent.
  • Cross-functional partnering experience with Finance, Supply Chain, Operations, Materials Management Organization, Manufacturing, or Fulfillment teams, and a strong grasp of inventory, cost of goods sold, and working capital.
  • Strong analytical, forecasting, and modeling skills, with the ability to translate data into recommendations across budgeting and long-range forecasting.
  • Proficiency in Excel and enterprise resource planning or financial systems.
  • A process-oriented mindset with interest in automation and Lean methodologies, and the ability to influence stakeholders without direct authority.
Responsibilities
  • Lead financial planning cycles for total Gas Power inventory, including month-end close, estimates, budgeting, and long-range forecasting, providing analysis on performance, valuation, and working capital as a strategic finance partner to the Integrated Business Planning Team, Materials Management Organization, and Global Supply Chain function.
  • Own financial analysis for approximately $6 billion of factory cost of goods sold, with a focus on Capital Parts budget adherence, cost drivers, and risk and opportunity identification across the global manufacturing network.
  • Lead, mentor, and develop a team of senior and junior finance professionals, fostering accountability, growth, and continuous improvement.
  • Partner with Services and New Units Finance and Fulfillment teams to align financial plans with supply-chain requirements, demand, and fulfillment objectives.
  • Drive the Sales Inventory Operations Planning and Integrated Business Planning financial operating rhythm, working with the Global Inventory Team to ensure supply, capacity, and inventory decisions are incorporated into business plans.
  • Translate operational and financial data into actionable insights for Finance, Supply Chain, Materials Management Organization, and leadership, identifying opportunities to improve inventory planning accuracy.
  • Champion digital and Lean transformation initiatives, leveraging automation and process improvements to boost efficiency and scalability.
  • Monitor financial and operational key performance indicators, including inventory days inventory outstanding and turns, budget attainment, working capital, and forecast accuracy, to track performance.
  • Partner with controllership and cash teams to ensure accurate reporting, accounting treatment, and compliance with internal controls and policies.
  • Connect operational decisions with their financial impact to help leadership optimize inventory, cost of goods sold, and working capital.
Desired Qualifications
  • A Master of Business Administration or Certified Public Accountant qualification.
  • Graduation from the Financial Management Program, CAS, or OFLP.
  • Experience with SAP, Hyperion/Hyperion Financial Management, or Tableau.
  • Experience in Sales Inventory Operations Planning, Integrated Business Planning, or supply-chain planning, with a strong grasp of how demand, supply, and cost of goods sold drive financial performance.
  • Proven ability as a strategic finance partner, managing large-scale inventory and cost bases and influencing decisions through data.
  • A track record leading cross-functional projects, process transformations, or Lean and automation initiatives.
  • Strong leadership and communication skills, with the ability to simplify complex topics for senior leadership.
  • Demonstrated success in a fast-paced, global environment, managing multiple priorities while delivering results.
  • Experience in Gas Power, industrial manufacturing, or energy.

About the company

GE Vernova makes equipment and software that generate and manage electricity for utilities, power producers, and industrial customers. Its Power, Wind, and Electrification businesses span gas turbines, wind generation, and the systems that move electricity across grids. The company supplies generators, grid equipment, and controls, while its software coordinates network operations and integrates changing sources of power. Customers buy equipment and enter service agreements for maintenance, upgrades, and technical support over its operating life, alongside purchases of software and related services. GE Vernova became an independent company in 2024 after separating from GE and is headquartered in Cambridge, Massachusetts.

Company Size

10,001+

Company Stage

N/A

Total Funding

$17.6M

Headquarters

Cambridge, Massachusetts

Founded

2024

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Simplify's Take

What believers are saying

  • Demand supports expansion: July 2026 results show GE Vernova booked $24.2 billion of quarterly orders, up 88% organically.
  • Service commitments support recurring work: GE Vernova says services account for more than 55% of its backlog.
  • Graduates build depth through rotations: GE Vernova runs two-year Next Gen development programs in engineering, technology, and operations.

What critics are saying

  • Wind remains a drag: July 2026 results show GE Vernova lost $275 million in quarterly Wind segment EBITDA.
  • Project margins absorb overruns: GE Vernova locks prices before completion and discloses meaningful expenses from excess costs and penalties.
  • Field assignments demand long weeks: GE Vernova's listed transformer specialist works typical 12-hour site days, up to six weekly.

What makes GE Vernova unique

  • Its technology underpins global power: GE Vernova says customers generate approximately one-quarter of world electricity using its equipment.
  • Gas turbine scale anchors expertise: GE Vernova reports the largest installed fleet by generating capacity, across approximately 7,000 turbines.
  • Nuclear work reaches beyond equipment: GE Vernova Hitachi supplies advanced reactors, fuel, and services for operating plants.

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Benefits

  • Health Insurance
  • Dental Insurance
  • Vision Insurance
  • Life Insurance
  • Disability Insurance
  • 401(k) Retirement Plan
  • 401(k) Company Match
  • Paid Vacation
  • Paid Parental Leave
  • Mental Health Support
  • Relocation Assistance
  • Performance Bonus

Company News

Yahoo Finance
Oct 16th, 2026
GE Vernova wins five Venture Global grid reservations; $3,400 model target implies 267% upside

GE Vernova has reserved five grid equipment packages for Venture Global, under an agreement signed October 9. GE Grid Solutions will supply transformers and gas-insulated switchgear for up to 21 power island projects, with purchase orders starting in late 2026. Venture Global also reserved eight power islands with GE Vernova, and expects to order its first by the end of 2026. Beyond reservation fees, neither deal binds the buyer; the roughly $17.2 billion total assumes every order proceeds. GE Vernova shares closed at $926.44 on October 15, 21.14% below their June record but up about 42% in 2026. The company's Electrification backlog has grown to $45 billion from $6 billion at the end of 2021. Third-quarter results are due October 28.

Yahoo Finance
Oct 15th, 2026
GE Vernova shares fall 5.5% despite Venture Global deal for up to 16 gas units, 10GW of AI power

Venture Global has signed power and grid frame agreements with GE Vernova and Baker Hughes for up to 16 new 720 MW combined-cycle gas power island units, plus related transformer equipment. The units would supply an off-grid industrial power network that could support as much as 10 GW of future compute capacity. GE Vernova's shares fell 5.5% after the news. The deal shows how its gas turbines and grid equipment are becoming central to behind-the-meter power for LNG operations and AI data centres. The company recently raised its 2026 revenue guidance to $45.5 billion to $46.5 billion, and its free cash flow outlook to $11.5 billion to $12.5 billion. Risks remain in its loss-making Wind business, tariffs, and large, lumpy projects.

Yahoo Finance
Oct 8th, 2026
Cramer tips GE Vernova and Vertiv as data center plays missing from jobs report

Jim Cramer highlighted GE Vernova and Vertiv on 2 October, noting their exposure to data centre growth. He questioned why the jobs report didn't reflect the data centre buildout, suggesting commercial construction is weak whilst data centre projects remain strong. Vertiv's Q2 net sales grew 24% annually, with operating profit up 44%. However, revenue growth of 17.8% missed analyst estimates of 23.6% due to supply chain issues, raising concerns about backlog conversion. The company's capital expenditure surged 285% to $173 million. GE Vernova's shares have risen over 240% since October 2024. Q2 customer downpayments generated a $6.4 billion working capital benefit, pushing free cash flow up 2,532% to $5.1 billion. The company raised its full-year cash flow guidance to $11.5–$12.5 billion from $6.5–$7.5 billion.

Yahoo Finance
Oct 7th, 2026
GE Vernova stock soars 600% in two years, eyes 300% growth by 2032

General Electric spun off its energy division as GE Vernova on 2 April 2024. The stock opened at $142.25 per share and reached a record high of $1,174.86 on 30 June 2026, now trading at about $1,000. GE Vernova operates three segments: Power, Electrification, and Wind. Strong demand from cloud and AI markets drove growth in its Power and Electrification businesses, whilst the Wind segment faced operational challenges. The company's backlog grew 37% year-over-year to $176.3 billion at the end of Q2 2026. Analysts expect revenue and adjusted EBITDA to grow at compound annual growth rates of 17% and 60% respectively from 2025 to 2028. GE Vernova trades at 27 times next year's adjusted EBITDA, with an enterprise value of $262 billion.

Yahoo Finance
Sep 29th, 2026
GE Vernova orders surge 68% as AI data centres drive power demand

GE Vernova, General Electric's former energy division spun off in 2024, is positioned to benefit from surging power demands at AI data centres. The company operates three segments: Power (55% of 2025 orders), Electrification (33%), and Wind (13%), providing turbines, transformers, and grid services. Orders grew 24% organically in the first half of 2026, driven by Power and Electrification segments. By Q2 2026, GE Vernova's backlog reached $176.3 billion — 4.6 times its 2025 revenue of $38.1 billion. The company expects 2026 revenue to grow 20-22%, accelerating from 9% growth in 2025 and 5% in 2024. Fortune Business Insights projects the global AI in power utilities market could expand at a 19.3% compound annual growth rate from 2026 to 2034.