General Electric Lead Operational Controllership Analyst – Internal Controls in Budapest, Hungary

About Us:

GE Global Operations is GE's multi-functional shared services organizations focused on delivering better outcomes at lower cost for our businesses and our customers. The strong partnership between Global Operations and GE Businesses creates a collaborative work culture and broadens best practice and industry knowledge sharing across the enabling functions. We believe that by keeping GE customers at the heart of everything we do, we will help GE work smarter, better and faster, allowing GE businesses to be more competitive in the global marketplace.

We are teams of functional process and domain experts, focused on the solutions that deliver results for the company. We think Big, we act as One, We deliver with Speed … so GE Works.

Role Summary:

Do you have a passion for internal controls? The Lead Operational Controllership Analyst – Internal Controls is a position on our newly established team and will perform internal controls testing and monitoring activities. The Lead Analyst will support GE’s annual SOX certification program by performing internal controls testing and monitoring activities across compliance, operational, and financial reporting objectives.

Essential Responsibilities:

  • Perform walkthroughs of business cycles and assess the effectiveness of the processes and controls (Tests of Design)

  • Develop or update in-scope process narratives, flow charts, and control matrices

  • Execute testing for various business processes and headquarter level activity in accordance with defined test attributes and guidance (Tests of Effectiveness)

  • Perform roll-forward testing

  • Prepare and complete testing work papers in GE audit tool (Auditworks)

  • Monitor, follow up on the status of corrective action plans, and test the remediation of identified deficiencies

  • Complete impact analyses for identified deficiencies and formulate recommendations to mitigate identified deficiencies and improve control environment

  • Evaluate 3rd party SOC reporting and appraise coverage of user control considerations

  • Test account reconciliations and manual journal entries for policy compliance

  • Scope and execute regional internal audits at high risk sites identified in business risk assessments

  • Perform functional segregation of duties assessments for critical applications

  • Develop and execute testing plans that assure adherence to internal policy and legal/regulatory requirements

  • Develop and refine analytics to identify high risk events and transactions in support of continuous controls monitoring

  • Lead or assist with adhoc assessments and controllership projects

  • Lead migration of controls testing

  • Develop more junior Controllership Analysts

  • Partner with broader GE controllership community

Qualifications/Requirements:

  • Bachelor’s degree in Accounting or Finance

  • Significant work experience in external/internal audit and/or accounting

  • Skilled in identifying risks & controls and developing audit tests of controls

  • Written and verbal fluency in English

  • Proficiency in Microsoft Suite (Excel, PowerPoint and Word)

  • Good analytical and interpersonal skills with orientation toward process improvement

  • Excellent verbal and written communication skills

  • Successful applicant will be legally eligible to enter an employment relationship under the laws of Hungary

Desired Characteristics:

  • Understanding of the COSO framework, SOX, FCPA, internal controls and test plan development

  • External certification: ACCA, CPA, CIA, CIMA, CISA

  • Public accounting experience

  • Multinational experience

  • SAP / Oracle experience

Locations: Hungary; Budapest

GE offers a great work environment, professional development, challenging careers, and competitive compensation. GE is an Equal Opportunity Employer at http://www1.eeoc.gov/employers/upload/eeocselfprint_poster.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.