Full-Time
Tangible & Intangible Assets Analyst
GE Vernova
1,001-5,000 employees
Global energy provider: power, wind, electrification
No salary listed
Hyderabad, Telangana, India + 4 more
More locations: Chennai, Tamil Nadu, India | Noida, Uttar Pradesh, India | Bengaluru, Karnataka, India | Vadodara, Gujarat, India
In Person
Bachelor's
 Accounting (1) |
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- Ensure compliance with all relevant GEV and Electrification Segment accounting policies.
- Support technical accounting compliance, financial and operational internal controls, process simplification, and operational excellence for accurate financial reporting and analysis.
- Develop business process guidelines, policies, and controls, including closing and consolidation standard processes.
- Support business process strategy and key performance indicators, drive daily process management, and monitor key performance indicators to ensure process health.
- Evaluate service levels from outsourced providers and approve action plans resulting from critical service performance failures.
- Provide accounting support and advisory to strategic partner companies and the centralized accounting team.
- Drive communication of business requirements, operational feedback, and escalations.
- Support new business acquisition, system implementation, and related tasks.
- Ensure full compliance with current lease accounting standards under ASC 842.
- Use SAP, including the SAP Finance module; experience with Oracle Cloud consolidation tools and SAP S/4HANA is advantageous.
- Apply knowledge of United States generally accepted accounting principles and GE Vernova accounting policies and procedures in consolidation and reporting.
- Demonstrate analytical and problem-solving skills.
- Demonstrate oral and written communication skills.
- Collaborate across shared services, local teams, and outsourced service providers.
- Manage effective partnerships with auditors and other service providers.
- Support physical inventory and provide fixed asset register and construction-in-progress tracking reports.
- Hold a BA or BS in finance, accounting, or a related field from an accredited college or university.
- Have significant experience in a controllership or accounting role.
- Partner with Electrification Segment Controllership pillar leaders to drive closing efficiency related to leasing and fixed assets.
- Act as the strategic business single point of contact for the GE Vernova headquarters team and other GE Vernova businesses as necessary.
- Lead the closing process by solving issues efficiently while analyzing financial information.
- Drive leasing and fixed asset process improvements and standardization in collaboration with relevant Genpact teams.
- Build a standard reporting method across business lines and various enterprise resource planning systems.
- Manage and follow up on the Asset Under Construction process, ensuring timely capitalization upon project completion.
- Lead implementation of leasing and fixed asset process and system changes, and monitor efficiency and effectiveness at different systems levels.
- Challenge process and system deficiencies and drive simplification and continuous improvement.
- Lead monthly, quarterly, and annual closing responsibilities, including preparation, analysis, consolidation, and commentary of the balance sheet, cash flow, and supplemental reporting packages.
- Prepare and maintain leasing and fixed asset process flows and related procedures, and approve accounting standard operating procedures.
- Drive resolution of unreconciled accounts and review reconciled accounts for compliance with established criteria and overall quality.
- Interact extensively with financial planning and analysis, technical, and business-line controllership teams.
- Maintain effective and efficient partnerships with auditors and other service providers.
- Represent the business in steering committees when applicable.
- Support physical inventory and provide reporting such as the fixed asset register and construction-in-progress tracking.
- Demonstrate strong knowledge and experience in relevant GE Vernova accounting policies.
- Understand Electrification Segment businesses, including products, business processes, and systems.
- Possess deep SAP expertise, specifically in the SAP Finance module; Oracle Cloud consolidation tools and SAP S/4HANA expertise are advantageous.
- Have knowledge of United States generally accepted accounting principles and GE Vernova accounting policies and procedures in consolidation and reporting.
- Demonstrate strong interpersonal and leadership skills.
- Have experience managing a team.
- Demonstrate the ability to lead programs and projects.
- Have established project management skills.
- Demonstrate resilience.
GE Vernova is a global energy company created in 2024 to support the electricity grid and the energy transition, with three focuses: Power, Wind, and Electrification. It sells large-scale equipment, signs long-term service agreements, and provides software to utilities, independent power producers, grid operators, and large industrial energy users. Its products include H-Class gas turbines that can burn natural gas with blends of hydrogen toward 100% hydrogen, Haliade-X offshore wind turbines up to 14.7 MW, and GridOS software that unifies grid data to help manage networks and integrate renewables. By combining hardware, services, and software under GE heritage, it aims to meet rising electricity demand while accelerating decarbonization across global energy systems.
Company Size
1,001-5,000
Company Stage
N/A
Total Funding
$17.6M
Headquarters
Cambridge, Massachusetts
Founded
2022
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Simplify's Take
What believers are saying
- Q2 2026 orders jumped 88% to $24.2 billion, led by Power and Electrification.
- Data center orders exceeded $5 billion in first-half 2026, more than all 2025.
- Management raised 2026 guidance and expects at least 125 GW gas backlog by year-end.
What critics are saying
- Wind orders fell 40% in Q2 2026, and GE Vernova expects roughly $400 million losses.
- Massachusetts courts blocked GE Vernova from exiting Vineyard Wind over unpaid $300 million claims.
- Tariff uncertainty and permitting delays still throttle U.S. onshore wind orders through 2026.
What makes GE Vernova unique
- GE Vernova sells the grid and turbine hardware that runs 25%-30% of global electricity.
- Its 116 GW gas backlog and H-Class turbines lock customers into decade-long service contracts.
- GridOS, HVDC, and Prolec-backed electrification make it harder for utilities to multi-source suppliers.
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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
SHINE is joining a GE Vernova-led project funded by the Department of Energy's Advanced Research Projects Agency-Energy to develop modernised nuclear material tracking systems for fuel recycling facilities. The project aims to use artificial intelligence to optimise spent nuclear fuel tracking and measurement. As a subcontractor, SHINE is developing improved sensor deployment and AI-powered material-tracking systems for nuclear fuel recycling facilities. The technology, called Monochromatic Assays Yielding Enhanced Reliability (MAYER), is designed to track and measure nuclear material in real time, feeding information into a virtual digital twin. The system aims to replace current methods involving redundant instrumentation, manual sampling, and periodic shutdowns for inventory checks. SHINE's participation supports its broader goal of building a commercial nuclear fuel recycling facility in a lower-security regulatory category.
GE Vernova reported strong second-quarter results with revenue rising 22% year-over-year to $11.1 billion, surpassing analyst estimates by $330 million. Total orders surged 88% organically to $24.2 billion, driven by AI-related demand for gas turbines and grid equipment. However, the company's Wind segment saw organic orders plunge 40%. The decline stems from quality-control issues, including turbine failures at major projects, alongside inflation and supply chain problems that compressed margins on fixed-price contracts. The segment now represents just 5% of total orders, down from 13% in 2025. GE Vernova's Wind business posted a negative 19% adjusted EBITDA margin in the first half of 2026. Despite this, investors remain unfazed as the Power and Electrification segments deliver strong margins of 17.6% and 18.2% respectively, easily offsetting Wind's losses.
Weirton, WV – August 12, 2026 – Form Energy, Inc., an American technology company developing and commercializing a new class of cost-effective, multi-day energy storage systems, announced today a $750 million Series G financing round led by T. Rowe Price, which also led the company’s prior Series F round. This round brings Form Energy’s total […]
GE Vernova, General Electric's former energy division spun off in 2024, reported a $176.3 billion backlog in Q2 2026, up 37% year-over-year. The company's growth has been driven by expanding cloud, AI, and data centre markets requiring increased power infrastructure. Total orders surged 89% in the first half of 2026, with Power and Electrification segments rising 99% and 131% respectively. GE Vernova expects full-year revenue growth of 19% to 22%. Despite strong performance, shares declined 5% over the past month whilst the S&P 500 gained 3%. The pullback followed Q2 results where adjusted EBITDA and earnings per share missed Wall Street expectations due to increased capacity spending and additional losses in the Wind division.
GE Vernova and Eaton released second-quarter 2026 results highlighting surging demand from AI infrastructure buildout. Vernova reported $5.50 billion in Power segment revenue with gas equipment orders up 134% organically. The company booked $2.7 billion in data centre orders during the quarter alone and expects to reach at least 125 gigawatts of gas equipment under contract by year-end. Total backlog stands at $176 billion. Eaton posted revenue of $8.531 billion, up 21.39%, with adjusted earnings per share of $3.15. Data centre revenue grew roughly 65% in both its Electrical Americas and Electrical Global divisions. The Boyd Thermal liquid-cooling business, acquired for $9.55 billion in March, generated $432 million in second-quarter revenue. Vernova guided free cash flow to $11.5 billion to $12.5 billion, whilst Eaton raised its full-year earnings guidance to $13.40 to $13.60 per share.