General Electric Executive - Technical Controller in Sacramento, California
GE is the world’s Digital Industrial Company, transforming industry with software-defined machines and solutions that are connected, responsive and predictive. Through our people, leadership development, services, technology and scale, GE delivers better outcomes for global customers by speaking the language of industry.
GE Power is a world leader in power generation with deep domain expertise that helps customers deliver electricity from a wide spectrum of fuel sources. We are transforming the electricity industry with the digital power plant, the world’s largest & most efficient gas turbine, full balance of plant solutions and our data-leveraging software. Our innovative technologies and digital offerings help make power and water more affordable, reliable, accessible and sustainable.
GE offers a great work environment, professional development, challenging careers, and competitive compensation. GE is an Equal Opportunity Employer at http://www.ge.com/sites/default/files/15-000845%20EEO%20combined.pdf . Employment decisions are made without regard to race, color, religion, national or ethnic origin, sex, sexual orientation, gender identity or expression, age, disability, protected veteran status or other characteristics protected by law.
The Executive - Technical Controller will be the primary technical accounting resource for the Power Services business ($14B+ in Revenue, $30B+ of assets), driving revenue policy consistency, supporting 606 revenue recognition assessments and financing structures, among other high risk areas. In this role, you will support global controllership, finance, and commercial teams as they identify and resolve complex accounting and reporting issues.
As the Executive - Technical Controller, you will:
Lead PS global Technical Center of Excellence, providing weekly support to regional and HQ controllership teams to analyze and resolve complex accounting matters
Act as global subject matter expert in the areas of 606 revenue recognition, working capital, financial reporting, restructuring, inventory, factoring, contingencies / commitments, and other areas as needed
Conduct and oversee research of technical accounting matters, document conclusions, and present proposed accounting conclusions to the PS CFO, PS Controller and Power Global Controller
Serve as key liaison between PS business teams and Power / Corporate Technical Controllership teams on significant and unusual accounting matters to ensure consistency with GE GAP and Power policies
Lead technical training, as needed, to ensure global finance teams are adequately educated on GE GAP and US GAAP requirements
Oversee PS policy alignment across legacy PGS, Alstom, and Aero to ensure a simplified / compliant set of accounting policies that align with GE GAP, partner with operations to ensure policies are operationally feasible, and limit addition of manual work
Support Finance teams in rolling out new policies, validating the impact calculations, and in reviewing system implementation plans to ensure compliance with the policies implemented.
Work with regional / P&L controllers to confirm appropriate operational roll-out
Maintain a robust, standard framework of policies, procedures, and controls for the PS businesses to follow with respect to controllership around revenue recognition and other key technical areas
Monitor ongoing changes to US GAAP and GE GAP, and lead efforts to adopt new standard changes and updates (i.e., new leasing standard), maintaining ongoing communication to ensure a proper transition
Act as key point of contact for both internal and external audits, and help ensure all audit items are provided in a timely manner
Address audit findings and issues to ensure proper remidation
Bachelor's Degree from an accredited university or college
Minimum of 10 years of finance experience
Minimum of 5 years of experience working in a global environment
Certified Public Accountant with experience from a big 4 firm
Master's Degree in Business Administration (MBA) from an accredited university or college
Public accounting experience with a big 4 firm
FMP, CAS, EFLP graduate or equivalent leadership / development program
Demonstrated ability to analyze risk based on financial data
Knowledge of accounting policy and practices
Established analytical and reporting ability
Demonstrated ability to deliver results in an uncertain world
Proven presentation and communication skills to senior management
Ability and desire to work in a fast-paced, dynamic environment
Strategic thinker with the ability to create and execute concrete action plans
Strong interpersonal and leadership skills
Strong accounting experience
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Locations: United States; Georgia, New York; Atlanta, Schenectady