Early Career Traineeship - Finance

Job Description Summary

GE Vernova is leading a new era of energy by helping to accelerate the path to more reliable, affordable and sustainable energy. This internship with GE Vernova Gas Power team will offer a unique opportunity to gain hands-on experience through challenging projects, learn from some of the brightest and most innovative minds in the business and network with a variety of professionals.
This internship will make you ready to apply for a next level career move which is our Financial Management Program (FMP)

Job Description

The Early Career Training is a 6 months program and it is an investment in young talents where GE trains fresh graduates who meet the required criteria to perform their traineeship in a GE business. The traineeship duration varies upon business requirement and will develop the general skills of the trainee and provide on the job knowledge and technical experience. Positions requiring understanding of a concepts, methods and procedures.

What you’ll do;

Financial Execution and Excellence:

• Account for financials of the projects in line with GAAP & STAT policies & standards (e.g., revenue recognition, journal entries, etc.)
• Review and reconcile periodic balance sheet accounts related to projects & prepare and present monthly balance sheet reviews
• Perform Margin Review calculations to enable Finance to work with Project Managers to optimize the performance of the contracts
• Execute project accounting within ERPs per the global standards set by the business

Operations and Process Problem Solving:

• Maintain strong connection with operations to validate contract data (project cost, invoicing), prepare financial output, and communicate to Operations team and broader finance community
• Support operations by approving credit notes, recording bad debt and bonus/liquidated damages
• Monitor intercompany transactions related to projects & partner with central Internal Billing System (IBS) team to problem solve rejects & holds
• Actively participate in contract handover reviews from Inquiry to Order (ITO), to Order to Remittance (OTR) i.e., T&C clarifications, project setup, payment security, hedging evaluation, etc.

What you’ll bring (Basic Qualifications);

• Bachelors in Finance, Accounting or Business Administration, Engineering or equivalent
• Analytical & strong communication skills
• Self-driven, attentive to details, outcome oriented, good working attitude.
• Basic knowledge of Microsoft Office suite (Excel, PowerPoint)
• Willingness and ability to work full-time for 6 months period
• Fluency in English
• Above average GPA / academic grades preferred but not essential

What will make you stand out;

• Demonstrated EHS and Quality focus.
• Demonstrated leadership potential
• Record of achievement with a passion to achieve positive business results
• Curiosity and desire to learn and expand skill set
• Adaptable and open to change

Additional Information

Relocation Assistance Provided: No