General Electric Lead Finance Specialist - Statutory 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:

As a Statutory Lead finance specialist you will be responsible to work with all Ge functions (Business, TAX…) and external providers including auditors cross the border. You will act as Subject Matter Expert (SME) in every local GAP accounting projects including migration, systems and process simplification. You will provide support to more junior team members by clarifying local GAP accounting and legal requirements.

Essential Responsibilities:

Role summary

You will be the point of contact for the GE business relating to regulatory reporting queries. Local reporting is an excellent way to gain exceptional awareness of GE operations and grow your technical and soft skills.

Essential Responsibilities

  • Manage statutory reporting of a portfolio of GE legal entities for a region

  • Lead migration projects of statutory processes from country to Budapest

  • Set up, reconcile and maintain US GAAP to local GAAP adjustments for a region

  • Primary point-of-contact for queries relating to the local regulatory timelines, process steps, status updates in terms of statutory preparation & audit

  • Coordinate Statutory planning & audit with all related internal and external stakeholders

  • Manage various accounting and finance projects related to Systems simplification, legal organisation structure simplification included Mergers & Acquisitions and Liquidations

  • Support local tax audit requests


Bachelor's degree in Accounting, Finance, or Business Administration

Written and verbal fluency in English

  • Extensive Multi GAAP experience - preferably external audit / public accounting experience

  • Expertise in MS Excel

  • Good working knowledge of US GAAP / IFRS and any other local GAAP

  • Excellent communication – proven ability to develop strong professional relationship with auditors, corporate tax

  • Strong analytical ability to find any potential risks and initiate improvements

  • Flexible approach with a strong team spirit

  • Effective interpersonal skills and highly professional style when dealing with business clients


Desired Characteristics:

  • Second European language

  • Leadership skills

  • Experience with Oracle, SAP or Oracle HFM

  • Experience in an audit firm

  • Chartered Accountant / ACCA certificate

Locations: Hungary; Budapest