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GE Vernova

Builds equipment and software for electric power

High Voltage Switchgears CFO

Full-TimePosted on 10/23/2026Deadline 10/31/26
No salary listed
Expert
Bachelor's
Remote in France+3 moreMore locations: Oberentfelden, Switzerland | Baden, Switzerland | Milan, Metropolitan City of Milan, Italy
RemoteRemote position; relocation assistance is not provided.
Finance & BankingCorporate Finance & FP&A

About the job

Requirements
  • A bachelor's degree in Finance, Accounting, Economics, or a related discipline, with substantial progressive finance experience and demonstrated success in senior leadership roles.
  • Experience leading finance for a complex industrial or manufacturing business, with responsibility for P&L performance, balance sheet management, and cash generation.
  • Strong operational finance expertise, including manufacturing cost structures, capacity planning, labor utilization, inventory, capital investment, and productivity.
  • Commercial and project finance experience, including pricing, contract risk assessment, project margin reviews, and management of long-cycle customer contracts.
  • Experience evaluating product profitability, engineering investments, and new product introductions, with an understanding of how technology transitions affect cost, pricing, and capital requirements.
  • Ability to translate business strategy into actionable plans, challenge assumptions constructively, and drive delivery of financial commitments.
  • Experience leading global teams and influencing decisions across a matrix organization, with the credibility to partner effectively with senior business and functional leaders.
  • A track record of improving margins, working capital, and forecast accuracy while maintaining strong financial controls.
  • Experience driving transformation through standardization, process improvement, automation, and organizational change.
  • Strong analytical judgment and the ability to turn complex information into clear recommendations and decisions.
  • Commitment to developing talent, building inclusive teams, and maintaining high standards of integrity and accountability.
Responsibilities
  • Partner with the Product Line General Manager to shape and execute business strategy, aligning growth priorities, product portfolio, manufacturing capacity, investment decisions, and financial commitments.
  • Lead financial performance across the product line, with accountability for the P&L, balance sheet, and free cash flow, ensuring clear ownership and delivery of commitments across regions and operating sites.
  • Lead long-term strategic planning, annual budgeting, and forecasting, connecting market demand, backlog conversion, product mix, production capacity, and resource requirements to financial outcomes.
  • Drive operating reviews that identify performance gaps early, assess risks and opportunities, and establish corrective actions with measurable outcomes.
  • Partner with manufacturing and supply chain leaders on sales and operations planning, translating production hours, labor utilization, factory loading, output, and delivery performance into financial insights and actions.
  • Strengthen project and order margin management through rigorous reviews of cost estimates, engineering requirements, execution progress, and contractual exposures, driving early intervention to protect profitability.
  • Partner with Commercial leadership on pricing, deal underwriting, frame agreements, contract negotiations, and risk reviews, ensuring order quality, margin protection, and appropriate payment terms.
  • Drive cost competitiveness with Operations, Engineering, and Sourcing through material productivity, design standardization, value engineering, labor efficiency, overhead discipline, and Lean initiatives.
  • Partner with Engineering and Product Management to evaluate technology investments and new product introductions, including the transition to SF₆-free solutions, ensuring disciplined development spending, sound business cases, and competitive product economics.
  • Lead working capital improvement, with particular focus on inventory, work in progress, billing milestones, collections, overdue receivables, and supplier payment terms.
  • Evaluate and oversee capital expenditure and capacity expansion programs, including production and testing capabilities, ensuring execution discipline and delivery of expected financial and operational returns.
  • Support footprint optimization, localization, restructuring, and acquisition integration, including financial evaluation, synergy delivery, and alignment of finance processes and controls.
  • Ensure accurate financial reporting, balance sheet integrity, and adherence to accounting policies, internal controls, and delegated authorities, in partnership with Controllership.
  • Simplify and standardize finance processes across sites and regions, expanding automation and digital analytics to improve insight, forecast reliability, and finance productivity.
  • Build and develop a strong global finance team, strengthening business partnership, accountability, succession planning, and collaboration across product line, regional, and corporate teams.
Desired Qualifications
  • A professional accounting qualification or advanced degree.
  • Experience in high voltage switchgear or related power equipment.
  • Exposure to acquisition integration.

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 22nd, 2026
GE Vernova Q3 preview: $176B backlog and 145% expected EPS growth ahead of October 28 report

GE Vernova will report third-quarter 2026 results on October 28. Analysts expect earnings of $4.03 per share, up more than 145% from a year earlier. In the second quarter, equipment orders more than doubled and service orders rose 15%. Total backlog climbed to $176 billion. For the third quarter, the company expects Power segment revenue growth of 17%–19% and an EBITDA margin of about 17%–18%, up from 13.3% a year earlier. Electrification revenue is forecast at $3.8 billion–$4.0 billion. The stock is about 26% below its 52-week high, which has eased valuation concerns. Most analysts rate it a "Strong Buy.

Yahoo Finance
Oct 22nd, 2026
GE Vernova up 600% since spin-off, with a $176B backlog: is the dip a buying chance?

GE Vernova's shares have risen nearly 600% since the company was spun off from GE Aerospace in 2024, driven by demand for electricity from artificial intelligence data centres. The stock has been in a lull since April. In the second quarter, its power division's revenue grew 14% to $5.5 billion, while new orders rose 134% to $16.7 billion, mostly for natural gas turbines. Its electrification arm's revenue climbed 68% to $3.6 billion, with orders up 93% to more than $6.3 billion. Total backlog stands at $176 billion, more than three times next year's expected revenue of $53 billion. Manufacturing capacity is the main bottleneck. About 80% of customers are traditional, and 20% are data centres. Most analysts rate the stock a strong buy, with a consensus price target of $1,199.47.

Yahoo Finance
Oct 22nd, 2026
GE Vernova stock down 10.1% as gas turbine prices and $12.5B cash guide face six-month test

GE Vernova stock has fallen 10.1% since April 21, 2026, while the S&P 500 gained 9.8%. Investors appear to be betting that customers will keep paying rising prices for its gas turbines, with cash up front. Management expects at least 125 gigawatts of equipment under contract by the end of 2026. The company's third-quarter results, due around October 28, will show whether turbine prices keep climbing. In July, management said first-half equipment orders were priced more than 20% above fourth-quarter 2025 orders. Full-year free cash flow is due around January 26, 2027. Management raised its 2026 guide to $11.5 billion to $12.5 billion, from $6.5 billion to $7.5 billion. Wind revenue is expected to fall at a low double-digit rate in the third quarter.

Yahoo Finance
Oct 21st, 2026
GE Vernova shares rise 3.5% to $921 as Nvidia tie-up links grid planning to AI; backlog hits $176B

GE Vernova is working with Nvidia on infrastructure and digital-twin tools that link grid planning to the needs of AI factories. The company's shares rose 3.46% to $921.12 at 11:04 EDT on Wednesday. AI facilities need electricity, and GE Vernova supplies equipment that helps deliver it. The collaboration adds a digital planning layer to that opportunity. Through the second quarter, the company reported more than $5 billion in data-center orders, over twice its full-year 2025 total. Quarterly orders hit $24.2 billion, and backlog reached $176 billion, up $13 billion from the previous quarter. Revenue rose 22% to $11.1 billion. Adjusted EBITDA margin reached 11.3%. The next test is execution: turning backlog into revenue and reaching a projected 2026 adjusted EBITDA margin of 12% to 14%.

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.