Early Career Traineeship

8 hours ago

الرياض, Saudi Arabia GE Vernova Full time

**Job Description Summary**: GE Vernova is leading a new era of energy by helping to accelerate the path to more reliable, affordable and sustainable energy. This internship with GE Vernova Gas Power team will offer a unique opportunity to gain hands-on experience through challenging projects, learn from some of the brightest and most innovative minds in the business and network with a variety of professionals.

The Early Career Training is a 6 months program and it is an investment in young talents where GE trains fresh graduates who meet the required criteria to perform their traineeship in a GE business. The traineeship duration varies upon business requirement and will develop the general skills of the trainee and provide on the job knowledge and technical experience. Positions requiring understanding of a concepts, methods and procedures.

**What you’ll do;**

**Financial Execution and Excellence**:

- Account for financials of the projects in line with GAAP & STAT policies & standards (e.g., revenue recognition, journal entries, etc.)
- Review and reconcile periodic balance sheet accounts related to projects & prepare and present monthly balance sheet reviews
- Perform Margin Review calculations to enable Finance to work with Project Managers to optimize the performance of the contracts
- Execute project accounting within ERPs per the global standards set by the business

**Operations and Process Problem Solving**:

- Maintain strong connection with operations to validate contract data (project cost, invoicing), prepare financial output, and communicate to Operations team and broader finance community
- Support operations by approving credit notes, recording bad debt and bonus/liquidated damages
- Monitor intercompany transactions related to projects & partner with central Internal Billing System (IBS) team to problem solve rejects & holds
- Actively participate in contract handover reviews from Inquiry to Order (ITO), to Order to Remittance (OTR) i.e., T&C clarifications, project setup, payment security, hedging evaluation, etc.

**What you’ll bring (Basic Qualifications);**
- Bachelors in Finance, Accounting or Business Administration, Engineering or equivalent
- Analytical & strong communication skills
- Self-driven, attentive to details, outcome oriented, good working attitude.
- Basic knowledge of Microsoft Office suite (Excel, PowerPoint)
- Willingness and ability to work full-time for 6 months period
- Fluency in English
- Above average GPA / academic grades preferred but not essential

**What will make you stand out;**
- Demonstrated EHS and Quality focus.
- Demonstrated leadership potential
- Record of achievement with a passion to achieve positive business results
- Curiosity and desire to learn and expand skill set
- Adaptable and open to change

**Additional Information**:
**Relocation Assistance Provided**:No

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