Treasurer
GE Power & Water - Atlanta, GA

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Job Number

1684640

GE is an equal opportunity employer, offering a great work environment, challenging career opportunities, professional training and competitive compensation.

The Treasurer role demonstrates a strong grasp of accounting principles. Accountability for functional, business, and broad company objectives. Integrates and develops processes that meet business needs across the organization. This role contributes to the overall strategy and manages complex issues within functional areas of expertise. A champion for controllership.

Essential Responsibilities
  • P&W/EM Banking & Cash Strategy:

      -Lead banking strategy for business through rationalization and controllership oversight of full banking landscape (+2,200 bank accounts)

      -Partner with Corp. Treasury and business teams to adapt banking needs to support evolving business dynamics incorporating: Enterprise Standards, Global Operations Services transition, Shared Services (GECARS, APEX,…), ERP design support, BD activity including acquisition integration and restructurings, and within business realignments

  • Cash Optimization:

      -Partner with Corp. Treasury and Corp./Business Tax teams on cash optimization strategies. Key focus areas include legal entity restructuring, cash repatriation projects, and intercompany lending opportunities

      -Continually drive local business cash activity to Corp. Treasury pooling structures so Corporate has access and visibility to business cash generated

  • Banking Controllership Oversight:

      -Business lead for Cash/Banking controllership decision making

      -Lead annual bank account controllership review (Bank Account Verification and Attestation-BAVA) through detailed controllership review of banking landscape incorporating: VAULT completeness review & accuracy of records, funds transfer review (systems and people), current legal documents, and general ledger mapping. Business lead for CAS audits involving cash/banking scope

  • Cash in Bank balance and accounting review:

      -Own quarterly review of P&W/EM Cash in Bank through detailed analysis of balance and review of accounting entries

      -Partner with Controllership team to determine go forward design of Cash chart of accounts and reconciliation process incorporating Enterprise Standards/Global Operations implications

  • Corp. Treasury Banking Initiatives:

      -Business lead for Corp. Treasury Operations banking related initiatives and products (VAULT, Webcash, Cash Pooling). Projects include: new Treasury product rollouts (business requirements, testing, and business rollout), revised pooling structures, evolving regulatory reporting requirements, CAS audits, and adoption of external banking changes (SEPA)

    Qualifications/Requirements
  • Bachelor's Degree in Accounting or Finance
  • Minimum of 5 additional years of experience in a treasury or financial position
    ELIGIBILITY REQUIREMENTS:
  • CPA

    Additional Eligibility Qualifications
    GE 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 background investigation and drug screen.

    Desired Characteristics
  • MBA is preferred
  • Able to anticipate, identify, and resolve complex financial issues
  • Strong oral and written communication skills
  • Strong interpersonal and leadership skills
  • PC proficiency
    Why join one great company when you can join many? At GE, we’re passionate about making life better with new ideas and technologies. We’re diverse, supporting our communities in more than 100 countries. Experience personal growth and competency development as part of the GE team. In the energy industry, we are one of the world's leading suppliers of power generation and energy delivery technologies in all areas of the energy industry including coal, oil, natural gas and nuclear energy as well as with renewable resources such as water, wind, solar and alternative fuels. Learn More about GE Power and Water Today!

    To stay connected with exciting news and the latest job opportunities from GE AMSTC, Aviation, Energy Management, Oil & Gas, Power & Water and Transportation, follow us on twitter: @geconnections

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    About this company
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    GE Power & Water provides customers with a broad array of power generation, energy delivery and water process technologies to solve...