Early Career Traineeship - Finance

GE Vernova


Date: 2 days ago
City: Riyadh
Contract type: Full time
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

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