GE Vernova

Builds equipment and software for electric power

Senior Finance Manager - HDNU Projects

Cost & Management AccountingPosted on Nov 10

Full-timeRemote in MexicoNo salary listedRemote

About the Job

Requirements

A bachelor's degree in Finance, Accounting, or Business Administration is required.
At least 5 years of experience in Finance and/or Operations is required.
At least 5 years of experience in Financial Systems and Data is required.
Expertise in enterprise resource planning systems, such as PowerMax and CPM, with a focus on financial controls is required.

Responsibilities

Manage project accounting in enterprise resource planning systems, ensuring adherence to global standards and accuracy of financial transactions.
Understand commercial obligations of contracts and provide project teams with visibility into project financial health.
Ensure the accuracy of project balance sheets and provide insight and variance analysis for project balance sheet balances.
Lead the financial aspects of project margin reviews to ensure total project revenue aligns with contracts and cost estimates are constructed and properly supported according to the PMR policy and standard operating procedures.
Support FP&A and Business Unit Finance with inputs needed for financial pacing of revenue and cost of goods.
Enforce financial controls, ensure compliance with U.S. generally accepted accounting principles and statutory standards, and support internal and external audits.
Raise issues and engage in process-improvement initiatives.
Maintain project structure; ensure accuracy of total project revenue and cost estimates at completion; monitor overtime revenue and cost recognition; and ensure timely and accurate project financial reporting.
Manage a diverse portfolio of external customer projects in partnership with operations and Business Unit Finance, and support pacing and quarter-close operating mechanisms.

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

About the Company

GE Vernova

Builds equipment and software for electric power

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, MA
Founded: 2024

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