Jobs NYC

Job Description Summary

Provide Treasury and FP&A support to Financial Services business. Treasury responsibilities including FX, interest rates, cash, and credit support management. FP&A responsibilities including financial planning, analysis & reporting with focus on cash flow statement throughout the FP&A cycle including planning/forecasting, operating reviews, and month/quarter close. This position plays a key role in interacting with portfolio/underwriting teams, HQ FP&A, and Treasury teams as well as broader FS finance team.

Job Description

Essential Responsibilities

• Lead Trade Finance support (e.g. Standby Letter of credit, Bonds, credit support obligations such as Parent company guarantees) liaising with FS commercial and execution teams and GEV Treasury and processing transactions in ALOC system

• Lead FX management support for FS including exposure identification, FX management strategy and execution in MyExposure working with GEV Treasury

• Lead intercompany transactions (such as contributions or distributions) working with FS Controllership and Tax and GEV Treasury and drive execution in MyFunding

• Lead cash and bank management including opening new bank accounts or linking to cash pools, modify or close bank accounts based on business need and working with GEV Treasury on MyBank

• Produce cost of funds calculations for GEVIA transactions to track profitability at deal level

• Lead cash flow forecasting, reporting, and analysis (both indirect and direct) for FS including all operating and strategic reviews with FS senior leadership team and GE Vernova HQ

• Prepare short-term and long-term cash flow forecasts, identify and articulate risks and opportunities relevant to the forecast period, and analyze variances and trends to determine changes in key business metrics vs. expectations and review with the stakeholders

• Prepare and track weekly cash pacing and month/quarter close activities

• Participate on cross-functional process improvement efforts to promote operational efficiencies and assist in identifying deficiencies/waste in existing processes and recommend/implement process improvement solutions

• Cross-train with other team members

Qualifications/Requirements

• Bachelor’s degree in finance or accounting or equivalent knowledge or experience

• Minimum 5 years' experience of Treasury and FP&A

• Financial Management Program (FMP) grad or Corporate Audit Staff (CAS) grad preferred

• Financial modeling skills

• Demonstrated oral and written communication skills and ability to work cross functionally.

• Proficient use of financial systems and analysis tools including Microsoft Office (e.g., Excel, Word, PowerPoint) and Hyperion

Desired Characteristics

• Ability to take the initiatives beyond prescribed responsibilities and be proactive to achieve the goals

• Ability to analyze complex issues, develop appropriate action plans and delivers the results timely.

• Demonstrated ability to manage multiple priorities.

• Financial services industry experience

• Ability to lead projects and assignments independently

If contracted in the US:

The base pay range for this position is 109,600 - 146,000 USD annual. The specific pay offered may be influenced by a variety of factors, including the candidate’s experience, education, and skill set. This position is also eligible for a performance based bonus. This posting is expected to close on March 7th, 2025.

Healthcare benefits include medical, dental, vision, and prescription drug coverage; access to a Health Coach, a 24/7 nurse-based resource; and access to the Employee Assistance Program, providing 24/7 confidential assessment, counseling and referral services. Retirement benefits include the GE Retirement Savings Plan, a tax-advantaged 401(k) savings opportunity with company matching contributions and company retirement contributions, as well as access to Fidelity resources and planning consultants. Other benefits include tuition assistance, adoption assistance, paid parental leave, disability insurance, life insurance, and paid time-off for vacation or illness.

General Electric Company, Ropcor, Inc., their successors, and in some cases their affiliates, each sponsor certain employee benefit plans or programs (i.e., is a “Sponsor”). Each Sponsor reserves the right to terminate, amend, suspend, replace, or modify its benefit plans and programs at any time and for any reason, in its sole discretion. No individual has a vested right to any benefit under a Sponsor’s welfare benefit plan or program. This document does not create a contract of employment with any individual.

Additional Information

GE Vernova offers a great work environment, professional development, challenging careers, and competitive compensation. GE Vernova is an Equal Opportunity Employer (https://www.eeoc.gov/sites/default/files/2022-10/22-088_EEOC_KnowYourRights_10_20.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.

GE Vernova will only employ those who are legally authorized to work in the United States for this opening. Any offer of employment is conditioned upon the successful completion of a drug screen (as applicable).

Relocation Assistance Provided: No

GE Vernova 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.