Winter 2026

Finance Co-op

Grid Automation

Posted on 7/20/2026

GE Vernova

GE Vernova

1,001-5,000 employees

Portfolio of energy businesses delivering electricity

No salary listed

Markham, ON, Canada

In Person

On-site at Markham office five days a week.

Category
Accounting (1)
Required Skills
Power BI

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Requirements
  • Enrolled in a Commerce or Accounting, Finance program, preferably 3rd or 4th year student
  • Minimum two (2) co-op work terms within finance or accounting field
  • Expectation to work on-site at Markham office five days a week
  • Some weekend and/or holiday work may be required due to financial deadlines
Responsibilities
  • Support Grid Automation Factory Finance Leader with reporting, tracking, analysis of selling, Factory costs, and other ad-hoc tasks for the Markham site.
  • Prepare Backlog reports and monitor margins.
  • Complete and monitor materials costing. Investigate discrepancies.
  • Evaluate and make the necessary journal entries to reallocate costs and monitor appropriate freight cost allocation.
  • Complete reporting and analysis to support continuous improvement.
  • Provide analysis and determine revenue/cost of shipment deferrals to comply with US GAAP revenue recognition reporting.
  • Utilize Power Query and Power BI to prepare monthly cost tracking reports.
  • Play a crucial role in managing Fixed Assets in Business, maintaining transparency and control through independent verification of items (audit) and tracking financial tags attached to the assets.
  • Support Statistics Canada reporting.
  • Audit the accuracy of the operational cycle count programs of inventory used in the Supply Chain.
  • Active participation in the planning and execution in the annual physical inventory count.
  • Reporting of aging of internal receivables and following up with counter parties in Supply Chain or the Commercial Trading Units to settle the invoices.
  • Reporting variable cost productivity for execution of the Supply Chain Financial Operating Plan. Identifying opportunities to improve execution or reduce poor cost of quality. Leading implementation of the opportunities to reduce the cost footprint.
  • Analyze significant cost pools such as freight and scrap to identify waste, redundancy through root cause analysis of the spend in these pools.
  • Support Operating Plan and operating blueprint as required.
Desired Qualifications
  • Demonstrates ability to work independently, when applicable.
  • Strong analytics, interpersonal and communication skills to work effectively with cross functional teams.
  • Strong organizational skills to handle multiple tasks simultaneously and ability to prioritize tasks.
  • Experience using of data query tools, ERPs, spread sheets and MS Office.
  • Experience dealing with auditors and other financial stakeholders.

GE Vernova is the umbrella for GE’s energy businesses, including Power, Renewable Energy, and Digital, along with Energy Consulting, Energy Financial Services, Grid Solutions, Nuclear Energy, and LM Wind Power. It contributes to about one-third of the world’s electricity and focuses on making energy more reliable, affordable, and sustainable. The company combines hardware, software, services, and financing to deliver end-to-end energy solutions—from gas turbines, wind turbines, and nuclear systems to digital tools and grid infrastructure, supported by consulting and financing. What sets GE Vernova apart is its one-stop portfolio that covers the full energy value chain at a global scale, integrating equipment, software, services, and finance to help customers improve efficiency and decarbonize. Its goal is to speed the transition to reliable, affordable, and sustainable energy for customers around the world.

Company Size

1,001-5,000

Company Stage

N/A

Total Funding

N/A

Headquarters

Cambridge, Massachusetts

Founded

2022

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Simplify Jobs

Simplify's Take

What believers are saying

  • Electrification division secured $2.4 billion in data center orders in Q1 2026, surpassing all 2025 totals.
  • Barclays names GE Vernova best positioned for 800VDC data center technology amid surging AI power demand.
  • Organic orders jumped 71% in Q1 2026 with backlog reaching record $163 billion as reservations extend to 2031.

What critics are saying

  • Wind segment underperformance continues dragging profitability despite 3.8 MW turbine launch in India and order cancellations.
  • Execution failures on $163 billion backlog could erode 12.8% net margin amid supply chain and labor bottlenecks.
  • Overvaluation at 58.2x forward P/E risks 20-30% equity correction if AI power demand growth slows or caps normalize.

What makes GE Vernova unique

  • GE Vernova uniquely supplies grid hardware and AI software for 25% of global electricity generation.
  • Its Gas Power backlog extends to 2030-2031 with turbine pricing doubling to $2,500 per megawatt.
  • CERius AI emissions software cuts monitoring costs by 50% while ensuring EU Carbon Border Mechanism compliance.

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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
Apr 4th, 2026
GE Vernova secures $6M state funding for $96M energy research centre in Niskayuna

GE Vernova has secured an additional $6 million in state funding for its $96 million Advanced Research Center on Balltown Road in Niskayuna, New York. The grant, awarded through the FAST NY programme, will fund water supply, road and stormwater management upgrades at the campus, offsetting roughly half of the $12 million in required infrastructure improvements. The company previously received $9.6 million in state tax credits linked to plans for creating 75 new jobs at the research centre, along with low-cost hydropower allocation. The site, separate from GE Vernova's existing River Road labs, will house energy technology research including a direct air capture carbon system currently under testing. GE Vernova earned nearly $5 billion in 2025 on $38 billion in revenue, with a market value of $242 billion.

BetaKit
Mar 31st, 2026
ThinkLabs raises $28M USD Series A to help power grids handle AI data centre demand

ThinkLabs has raised $28 million USD ($39 million CAD) in a Series A round led by Energy Impact Partners to help power grids manage surging demand from AI data centres. Nvidia's venture fund NVentures and Edison International participated, alongside returning investors including GE Vernova. The Canadian-led, New York-based startup provides physics-informed AI software that creates digital twins of power grids, simulating scenarios to help operators maintain reliability and reduce outages. The platform reduces what would typically be a six-month, quarter-million-dollar study to under a day's analysis. Founded by former Toronto Hydro smart-grid department head Josh Wong, ThinkLabs spun out of GE Vernova in early 2024 with $6.8 million CAD in seed funding. The company will use the new capital to mature its product and expand features whilst focusing on the North American market.

Yahoo Finance
Mar 20th, 2026
Trump and Japan unveil up to $40B US nuclear reactor plan

President Donald Trump and Prime Minister Sanae Takaichi have unveiled a US-Japan energy investment plan potentially worth $40 billion, centring on small modular nuclear reactors. GE Vernova and Hitachi will develop BWRX-300 reactors in Tennessee and Alabama, whilst Japan will invest up to $33 billion in natural gas plants in Pennsylvania and Texas. The initiative forms part of a broader $550 billion bilateral investment fund agreed under a recent trade pact. It aims to address rising electricity demand from data centres and artificial intelligence infrastructure. However, most SMR designs await regulatory approval and none have been deployed on US grids. The agreement also covers critical minerals and industrial supply chains, with Japanese firms contributing components and participating in rare-earth projects across Indiana, Arizona and North Carolina.

Yahoo Finance
Mar 10th, 2026
GE Vernova shares rise 14.8% in 3 months on AI data centre power demand

GE Vernova shares have risen 14.8% over the past three months, outperforming its Zacks Alternate Energy – Other industry's 4.1% growth. The company is benefiting from surging electricity demand driven by AI data centre expansion, creating strong opportunities for its turbines and grid equipment. GE Vernova is improving profitability in its wind segment through cost controls and portfolio optimisation, whilst its gas power and power services businesses continue strong performance. In March 2026, the company secured a contract for a 100-megawatt wind farm in Italy, supplying 17 turbines plus maintenance support. The company is expanding its Italian manufacturing facility to boost production of transformer components and advancing its BWRX-300 small modular reactor project in Poland, strengthening its position in the nuclear power market.

Yahoo Finance
Mar 4th, 2026
BlackRock tips AI energy stocks over big tech, highlights 3 power plays for surging data centre demand

BlackRock is advising investors to focus on AI energy stocks rather than big tech companies in 2026, as AI data centres drive a surge in power demand. Deloitte anticipates a 30-fold increase in US AI data centre power consumption between 2024 and 2035. Three promising investments include Bloom Energy, which provides hydrogen fuel cell solutions for onsite electricity generation. The company reported $778 million in revenue last quarter, up 36% year over year, with analysts expecting accelerated growth. Constellation Energy, America's leading nuclear power provider, is restarting a Three Mile Island reactor to supply Microsoft's AI data centre. The company generates over two-thirds of its electricity through nuclear power. GE Vernova, General Electric's power production spinoff, reported orders up 34% to $59.3 billion, with a $150 billion backlog.