General Electric Manager, Statutory Accounting Process Transformation 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:

Experienced Senior Professional responsible for the Global Statutory Accounting process transformation necessary to achieve best in class results. This role will lead the company’s effort to standardize the statutory audit process across the globe. A specific focus on design and deployment of enterprise standard processes across the wing to wing statutory accounting process.

Essential Responsibilities:

As the relevant stat technology becomes available, this role leads the overall operationalization and sustaining of the process. Specific tasks include:

Own all Process Aspects of the Enterprise Standard

  • Define and document the full wing to wing statutory process from journal recording to reporting submission

  • Coordinate the development of enterprise standard processes across the wing to wing statutory accounting process

  • Define the roles and responsibilities of all constituents in the wing to wing statutory process

  • Understand the relationships and handoffs between stat, R2R and tax teams

Work with key stakeholders to drive execution

  • Work with the IT teams to monitor which technology is coming onstream and is available for use

  • Work with Regional teams to develop plans in smart-sheet to operationalize the available technology

  • Work with business teams to ensure we understand the business operational landscape and unique functional requirements of local processes

  • Work with Tax teams to ensure all stat related process support the related tax technology eg TPS, GETAR

  • Work with KPMG and audit teams to ensure the statutory audit is optimized in line with implementation.


  • Bachelor’s degree or other relevant qualification ACA / ACCA / CPA

  • Previous Big 4 experience and in depth understanding of accounting, statutory, tax and audit process

  • Strong project management skills, preferably for IT related projects

  • Strong communication & presentation skills and proven ability to interact with Senior Leaders

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

Desired Characteristics:

  • Prior experience with best in class regulatory filing process & technology

  • Solid operational accounting and controllership experience.

  • Excellent process mindset with prior experience performing process improvement activities in a finance capacity

  • Experience building up teams and processes in a multi-cultural, international environment, ideally in one of GE’s industrial businesses.

  • Clear thinking / problem solving: successfully led cross-functional projects/process improvement within operations/finance function involving process improvement; able to quickly grasp new ideas.

  • Solid IT knowledge: experience designing and deploying with financial systems/applications (i.e.: Oracle, SAP, Hyperion, Business Objects, etc.), strong Excel skills, PowerPoint

Locations: Hungary; Budapest