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6 months ago
GE Aviation
Location: Pershore
Job type: Permanent
Sector: Finance & Accountancy
Category: Office Jobs
About Us:
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.

It is not about your career… it is not about your job title… it is about who you are…. It is about the impact you are going to make on the world. You want to go into uncharted waters… do things that haven’t been done to make yours and someone else's life better. GE has been doing that for decades! We will continue to do so! We are the world’s digital industrial company.

Baker Hughes, a GE company (NYSE:BHGE) is the world’s first and only fullstream provider of integrated oilfield products, services and digital solutions. Drawing on a storied heritage of invention, BHGE harnesses the passion and experience of its people to enhance productivity across the oil and gas value chain.

BHGE helps its customers acquire, transport and refine hydrocarbons more efficiently, productively and safely, with a smaller environmental footprint and at lower cost per barrel. Backed by the digital industrial strength of GE, the company deploys minds, machines and the cloud to break down silos and reduce waste and risk, applying breakthroughs from other industries to advance its own.

With operations in over 120 countries, the company’s global scale, local know-how and commitment to service infuse over a century of experience with the spirit of a startup – inventing smarter ways to bring energy to the world.

Follow Baker Hughes, a GE company on Twitter @BHGECo, or visit us at BHGE.com.

GE is committed to taking on the world’s toughest challenges. In order to fulfill that promise we rely on a culture of leadership, diversity and inclusiveness. We aim to employ the world’s brightest minds to help us create a limitless source of ideas and opportunities. We believe in hiring talented people of varied backgrounds, experiences and styles…people like you!

Role Summary:
Finance Manager for 6 – 9 months bubble assignment based in Allen Gearing Solutions (AG), Pershore (UK) facility. The successful candidate will be responsible for complex Transfer of Work (ToW) to France. This position will report directly to the Power Transmission Finance Manager, based in France. Candidate must hold UK Passport

Essential Responsibilities:

BS - Banks

* Review Bank organization, close bank accounts and simplify banking structure

* Set up and maintain process to control bank going forward

BS - stock

* Review current stock balances by project

* Identify write offs for costs not liquidated on completed projects

* Identify stock related to ToW

* Monitor stock on active projects and ensure it is liquidated properly when project completed


* Complete auction disposal and Fixed Asset Register alignment

* Complete PP&E (Fixed Assets) sale to France (Lufkin France and Thermodyn)

* Ensure final reconciliation FAR to GL and subsequent depreciation process


* Ensure intercompany DueTo/DueFrom process is properly understood and maintained

* Ensure proper classification is maintained in IBS local system

* Ensure proper reconciliation of the 3 accounts

* Ensure HSE reserve is properly maintained, updated and documented

BS - Prog collections

* Monitor prog collection balance vs existing projects and ToW to France

BS - others

* Monitor warranty provision, other accruals and other minor BS items

P&L - C&B

* Manage the C&B monthly accounting process

* Review and validate current P&L impact vs expectations pre-restructuring

* Review and validate current P&L mapping Base/variable

P&L - Sales/Cogs

* Prepare and book sales/cogs entries on monthly basis

QMI -Sales

* Ensure QMI estimate is prepared and based on solid assumptions


* Ensure QMI estimate is prepared and based on solid assumptions

QMI – Base Cost and Operating Margin

* Ensure QMI estimate is prepared and based on solid assumptions

* Controllership - ARM recs

* Lead ARM rec cycle with the team, reconcile and review accounts

* Operations - Transfer of Work

* Ensure coordination with ToW Project Manager on all ICO transactions

* Ensure monitoring of balances related to ToW (stock, DTDF) )

* Ensure monitoring TOW project monitoring Internal POs (in and out), project CM Latest est, rev rec and COGS rec


* Lead closing operations on monthly and Q basis

* Support PT FP&A in closing reporting submission for AG


* Lead KPMG audit for stat with Global Operation support

HFM - Mapping

* Ensure AG to SAP to HFM mapping is reviewed and validated and updated as needed

* Complex ToW to France

* Limited ops resources post restructuring

* Problem solving attitude

* Analytical approach to fix issues

* hands on


* Bachelor's degree from an accredited university or equivalent knowledge & experience

* Significant years finance experience with some years in a role with strong cross functional connections/exposure

* Strong experience in planning and controllership

* Chartered Accountant

Applications from job seekers who require sponsorship to work in the UK are welcome and will be considered alongside all other applications. However, non-EU/EEA candidates may not be appointed to a post if a suitably qualified, experienced and skilled EU/EEA candidate is available to take up the post, as the employing body is unlikely, in these circumstances, to satisfy the Resident Labour Market Test. For further information please visit the UK Border Agency website:javascript:void(0);.

Desired Characteristics:

* Corporate Audit Staff / FMP graduate

* Strong industry knowledge and contacts coupled with knowledge of controllership, accounting, and tax / legal issues

* Strong operational background with ability to link operations to Finance

* Controllership assessment and planning experience is preferred

* Prior experience managing a multi-functional Finance organization is preferred

* Ability to work under tight deadlines and to prioritize under pressure

* Strategic thinker with the ability to create and execute concrete action plans

* Strong analytical, project management, and organizational skills

* Strong oral and written communication skills

* Strong interpersonal and leadership skills

Locations: United Kingdom; Pershore

GE offers a great work environment, professional development, challenging careers, and competitive compensation. GE is an Equal Opportunity Employer. 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.

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